As a preferred Platinum Banking client, enjoy unlimited banking features and exclusive benefits that go well beyond traditional personal banking. And, as a preferred BMO Private Wealth client, receive a $50 reduction from either the $100 monthly Platinum Banking plan fee or the $125 monthly Platinum Banking for Professionals plan fee, when a minimum monthly balance of $1 million is held at BMO Nesbitt Burns. This monthly fee is waived completely when a minimum monthly balance of $5 million is maintained with BMO Nesbitt Burns.

 

Your Private Banker

 

Our Platinum Banking1 service is designed to meet all your banking needs – from simple to complex. Your dedicated BMO Private Banker will focus on understanding your needs to provide a full range of customized banking, lending and payment solutions to help you and your family save time, simplify life and achieve your goals.

 

Customized banking solutions2

 

Receive exclusive access to customized personal banking solutions to help you meet your needs, including:

  • An unlimited number of Platinum Banking personal accounts under a Platinum Plan, plus business and personal holding company bank accounts with a Platinum Banking Professional Plan and unlimited transactions within those accounts.3
  • Preferred exchange rates, and free and unlimited access to a global network of select ATMs
  • The highest daily access limits on many everyday transactions
  • A preferred rate on the Platinum Savings Account – Platinum Banking’s exclusive, flexible investment savings account that offers our best rate.

 

Specialized lending11

 

  • Access specialized lending to optimize your cash flow and wealth management plan including:
    • Mortgages and lines of credit
    • Personal and business financing, plus commercial financing and account management
    • Expertise to support large specialty loan services including collateralization of investment management accounts and access to our Leveraged Life Insurance Program

 

Exclusive offers

 

Enjoy exclusive offers and an annual fee rebate on our most premium credit cards:

With the new BMO® eclipse Visa Infinite Privilege* Card, enjoy a $150 rebate off the $499 annual fee each year, a full annual fee rebate of $99 for each additional card7 and a welcome bonus of up to 100,000 BMO Rewards Points.8

Plus, choose from a selection of premium credit cards – receive a full annual fee rebate on the primary card (up to $150 in value5,6) and a full annual fee rebate of $50 for each additional card:
 

  • NEW: BMO® eclipse Visa Infinite* Card – enjoy a welcome bonus of up to 70,000 BMO Rewards points9
  • BMO AscendTM World Elite®* Mastercard®* – Get 70,000 BMO Rewards points when you spend $6,000 in the first 3 months – worth $250 when you pay with points.

Platinum Banking Plan

Customized Banking Solutions:

 

Dedicated banker

Enjoy access to the following benefits:

  • Unlimited number of accounts that can be included in one plan3
  • Unlimited non-BMO ATM Cash Withdrawals on the Interac ®† network12
  • Customized Personal Cheques, Drafts15, Certified Cheques
  • View Cheques Online16, Cheque Image Return17
  • Send or receive unlimited Interac e-Transfers®†13
  • No monthly fee or per item fees for overdrafts up to $30,00019
  • One consolidated statement per month included. A per-item fee will apply for each additional paper statement.

 

U.S. and global benefits

  • Receive unlimited withdrawals on the following networks:
    • International debit card transactions using the Mastercard®* and Maestro®* network globally14
    • International cash withdrawals using non-BMO ATMs on the Cirrus®* network monthly12
    • No-fee withdrawals at BMO Harris ATMs (in the United States)
    • No-fee withdrawals at over 40,000 ATMs in the United States and Puerto Rico via the Allpoint®†† Network
       
  • Preferred Exchange Rate for U.S. cash (Up to $15,000 self-serve per transaction)
  • U.S. Dollar transfers to U.S. account at BMO Harris Bank via BMO Online Banking

 

Payment solutions and exclusive offers

Choice of credit cards, each with a special welcome bonus8,9,10 and annual fee rebate5,6,7 each year (both primary and additional cards):

  • NEW BMO® eclipse Visa Infinite* Privilege Card – up to 100,000 BMO Rewards Points welcome bonus
  • NEW BMO® eclipse Visa Infinite* Card – up to 70,000 BMO Rewards Points welcome bonus
  • BMO® Ascend  World Elite®* Mastercard®* -- up to 70,000 BMO Rewards Points welcome bonus
    • Access to Moneris Payment Processing Solutions
    • Assisted Service Bill Payments
    • Stop Payments

 

Additional features:

  • Premium Rate Savings Account, Platinum Savings Account
  • Platinum Star Privileges** with BMO InvestorLine®: 5 Star Program
  • Safety Deposit Box Discount18
  • Includes OnGuard®** Identity Theft Protection22,23
  • Maximum Limits (Daily unless otherwise specified):
  • Hold period (business days)20
  • ATM withdrawal limit 5,000
  • ATM deposit limit $100,000
  • Mastercard Cash Advance $5,000
  • Visa Cash Advance $5,000
  • BMO Global Money Transfer up to $25,000*††
  • Point of Sale Purchase (domestic and international) $15,000
  • ATM/Telephone/Digital electronic bill payments $100,000
  • Interac e-Transfer 21$3,000
  • Interac Online payment or refund $10,000

 

As a preferred BMO Nesbitt Burns client, you receive a $50 reduction from either the monthly $100 Platinum Banking plan fee or the monthly $125 Platinum Banking for Professionals plan fee, when a minimum monthly balance of $1 million is held at BMO Nesbitt Burns. This monthly fee is waived completely when a minimum monthly balance of $5 million is maintained with BMO Nesbitt Burns.