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BMO Bank Review - Is It Worth It? (2024)Bank of Montreal (BMO): BMO offers an Overdraft Protection Line of Credit, which is linked to your chequing account and provides a specific amount of credit. We will not charge you an Overdraft Fee if: � The amount of the Item is less than or equal to $5;. � Your Account is overdrawn by $50 or less at the close of. BMO has two types of overdraft protection standard and occasional. Standard is $5 a month and occasional is $5 per transition when in overdraft.
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