Terms & Conditions - Exclusive Promotion
Promotion Date
September 7 to December 15, 2010
How to Qualify:
| Asset Level |
Offer |
|
$100,000 |
- $50/month for six months
OR
- Up to 3 online equity free trades/month for 1 year
|
|
$250,000 |
- $100/month for six months
OR
- Up to 6 online equity free trades/month for 1 year
|
To qualify for the monthly $50 CDN cash deposit (valid for six months) or monthly
free trades up to 3 online equity trades (valid for 1 year), you must deposit
a minimum of $100,000 CDN of net new assets into any of your eligible BMO InvestorLine
accounts in your name. BMO InvestorLine must be notified of your participation
in this promotion, and you must maintain your net new asset level of $100,000
CDN monthly for the duration of the promotion.
OR
To qualify for the monthly $100 CDN cash deposit (valid for six months) or monthly
free trades up to 6 online equity trades (valid for 1 year), you must deposit
a minimum of $250,000 CDN of net new assets into any of your eligible BMO InvestorLine
accounts in your name. BMO InvestorLine must be notified of your participation
in this promotion, and you must maintain your net new asset level of $250,000
CDN monthly for the duration of the promotion.
Maximum one offer, per client.
If you would like to extend this offer to a family member, they would need to
transfer in $100,000 CDN or $250,000 CDN net new assets into a BMO InvestorLine
account in the following manner:
(a) If they are transferring new assets into an existing BMO InvestorLine account
in their name, you must notify BMO InvestorLine of their participation. Please
note which accounts would not be eligible.
(b) If they are opening a new BMO InvestorLine account, they must enter in the
promotion code FAMILY into the Online Application (OLAP) when opening a new account
at the time of application. Please note which accounts would not be eligible.
The following accounts are not eligible: Registered Retirement Income Funds (RRIF), Locked-in Registered Plans (LIRA, LIF, LRSP, LRIP, etc.), Tax Free Savings Accounts (TFSA), BMO ESOP transfers, Personal Holding Company, Discretionary, Investment Club/Partnership, Estate, Association, Prospect, and Pledge Accounts.
Monthly Cash Deposit
You will receive a credit of $50 CDN or $100 CDN cash in your account* on the
fifth business day of the following month (after verification of asset level
maintenance) for six months.
Monthly Free Trades
You will receive a credit reimbursement for up to 3 or 6 online equity trades
in your account** on the fifth business day of the following month (after verification
of asset level maintenance) for 1 year.
EXAMPLES:
| CASH OFFER SCENARIOS |
QUALIFYING OFFER |
|
John Smith deposits $100,000 CDN into his BMO InvestorLine account on September
15, 2010 and maintains it until the end of the month. He has also indicated
participation in the cash offer. |
$50 CDN cash deposit on October 7, 2010. |
|
John Smith had indicated participation in the cash offer at the start of the
promotion. He maintains his $100,000 asset level by October 31, 2010. |
$50 CDN cash deposit on November 5, 2010. |
|
John Smith deposits $250,000 CDN into his BMO InvestorLine account on September
15, 2010 and maintains it until the end of the month. He has also indicated
participation in the cash offer. |
$100 CDN cash deposit on October 7, 2010. |
|
John Smith had indicated participation in the cash offer at the start of the
promotion. He maintains his $250,000 asset level by October 31, 2010. |
$100 CDN cash deposit on November 5, 2010. |
| TRADE OFFER SCENARIOS |
QUALIFYING OFFER |
|
John Smith deposits $100,000 CDN into his BMO InvestorLine account on September
15, 2010 and maintains it until the end of the month. He has also indicated
participation in the trade offer. By September 30, 2010, John has executed
3 online equity trades. |
Reimbursement of 3 online equity trades on October 7,
2010. |
|
John Smith deposits $100,000 CDN into his BMO InvestorLine account on September
15, 2010 and maintains it until the end of the month. He has also indicated
participation in the trade offer. By September 30, 2010, John has executed
1 online equity trade. |
Reimbursement of 1 online equity trade on October 7,
2010. |
|
John Smith deposits $250,000 CDN into his BMO InvestorLine account on September
15, 2010 and maintains it until the end of the month. He has also indicated
participation in the trade offer. By September 30, 2010, John has executed
6 online equity trades. |
Reimbursement of 6 online equity trades on October 7,
2010. |
|
John Smith deposits $250,000 CDN into his BMO InvestorLine account on September
15, 2010 and maintains it until the end of the month. He has also indicated
participation in the trade offer. By September 30, 2010, John has executed
2 online equity trades. |
Reimbursement of 2 online equity trades on October 7,
2010. |
This offer cannot be combined with any other BMO InvestorLine promotional
offer. Once a cash offer has been accepted, the client may not switch to the
trade offer, and vice-versa.
BMO InvestorLine may cancel, revise or change the end date of this offer at
any time.
* If you deposit all the required money into your registered account, the
cash incentive would be deposited into your registered account. If you only
deposit money into your non-registered account, then the cash incentive would
be deposited into your non-registered account.
Please note that if you deposit some of the money into a registered account,
the cash incentive can only be deposited into your registered account. It cannot
be deposited into your non-registered account.
Any cash incentive deposited into a registered account would not be considered
a contribution into your registered account and a contribution receipt would
not be issued. However, you should consider the cash incentive when calculating
your available contribution room.
** Free trades would be reimbursed in your non-registered account unless you
request otherwise. |
