Get a BMO Bank bonus when you open a checking account before 5/3/24. Choose from a variety of offers tailored to meet your banking needs. Earn up to a $400 cash bonus.
Take advantage of the latest BMO Bank bonus offers and elevate your banking experience. With promotions ending on 5/3/24, BMO Bank is providing new customers the opportunity to earn up to a $400 cash bonus.
Whether you choose the BMO Relationship Checking for a $400 bonus with $7,500 in qualifying direct deposits, or the BMO Smart Advantage and Smart Money Checking accounts for a $250 bonus with $4,000 in direct deposits, there’s a rewarding option for everyone. Don’t miss out on these exclusive BMO Bank bonus opportunities.
Recent Updates
- Update 1/1/2024: The offer is now a $250 or $400 bonus. One of the best bonuses for a new checking account.
- Update 12/9/2023: The up to $600 bonus offer has ended.
- Update 12/5/2023: The offer expiration date is fast approaching. Hurry to take advantage of this limited-time offer by 12/8/2023.
BMO Bank Bonus
BMO Bank Checking $250/$400 Offers
How To Earn The Bonus:
- Choose from one of the following offers:
- BMO Relationship Checking Account: Get a $400 cash bonus when you have a total of at least $7,500 in qualifying direct deposits within the first 90 days.
- BMO Smart Advantage Checking Account: Get a $250 cash bonus when you have a total of at least $4,000 in qualifying direct deposits within the first 90 days.
- BMO Smart Money Checking Account: Get a $250 cash bonus when you have a total of at least $4,000 in qualifying direct deposits within the first 90 days.
- Where it’s available: Nationwide
Offer Expires: May 3, 2024
Get The Offer:
- Update 11/5/2023: The offer is still active and one of the best bonus deals of the year.
- Update 9/18/2023: The offer has been extended until 12/8/2023 and the bonus amounts increased by $100 for each offer.
- Update 8/18/2023: The offer has been extended until 9/15/2023. See details below.
- Update 5/15/2023: The offer has been extended until 7/14/2023 with increased bonus amounts. Details below.
- Update 1/19/2023: Offer has been extended until 5/12/2023. Details below.
Direct deposit will be required for this offer form BMO. The checking account options for this promotion include basic options for everyday banking to a premium option for more benefits.
How To Earn The BMO Bank Bonus
Qualifying direct deposits will be required for earn the bonus with your chosen offer.
Here are the details:
- BMO Relationship Checking: Get a $400 cash bonus when you have a total of at least $7,500 in qualifying direct deposits within the first 90 days.
- BMO Smart Advantage Checking: Get a $250 cash bonus when you have a total of at least $4,000 in qualifying direct deposits within the first 90 days.
- BMO Smart Money Checking: Get a $250 cash bonus when you have a total of at least $4,000 in qualifying direct deposits within the first 90 days.
CHOOSE YOUR ACCOUNT OPTION BELOW TO EARN THE BONUS:
Account Features
BMO Smart Advantage Checking – This checking account has no monthly fees when you sign up for eStatements. Signing up for eStatements will also avoid the $2 paper statement fee.
You’ll have access to over 40,000 Allpoint network ATMs nationwide for fee-free transactions. There are no fees for withdrawals and deposits at BMO branches or ATMs.
BMO Relationship Checking – This is the bank’s premium checking account option, which comes with a few extra customer benefits, such as Relationship Packages – which offer higher levels of benefits the more you bank with them. The account does have a $25 monthly maintenance fee. You can waive this fee when you have one of the following each month:
- A $10,000 minimum daily Ledger Balance for the previous calendar month
- $25,000 in Monthly Combined Balance for the previous calendar month
Features we like include unlimited non-BMO ATM transactions and $25 in monthly rebates on ATM surcharge fees charged by other banks. Fees are also waived on Cashier’s Checks, Money Orders, paper statements and more.
BMO Smart Money Checking – This account has no overdraft fees and no NSF (non-sufficient funds) fees. There is no minimum balance required and no monthly maintenance fee for those under 25 years old, otherwise it’s $5.
You’ll also have unlimited fee-free transactions at over 40,000 Allpoint network ATMs nationwide with this account.
And don’t forget there’s a BMO Bank bonus to take advantage of.
READ MORE: ALSO SEE OTHER POPULAR OFFERS FROM CHASE, BANK OF AMERICA, TD BANK AND MORE.
Compare the BMO Bank Bonus With Others
- Chase Private Client Bonus: Up To $3,000 Promotion – Ends 4/17/2024
- KeyBank Bonus: Checking $200 Promo Code – Ends 5/10/24
- Chase College Checking℠ Coupon: $100 Bonus Offer – Ends 4/17/2024
- Chase Secure Banking℠ Account $100 Bonus – Ends 4/17/2024
- Chase Checking Bonus: $300 Chase Total Checking® Offer [Nationwide] – Ends 4/17/2024
My Impression Of The Offer
After considering the options, I decided to go with the BMO Relationship Checking account. It’s important to note that there are no state restrictions on the bonuses.
In my experience, BMO has been reliable and problem-free, and the Relationship Checking account provides a good balance of features that suit my needs. I’ve found the ATM fee rebates to be especially helpful since I occasionally use non-BMO ATMs.
I liked that I got a BMO bank bonus but at that time it was a $600 offer. It’s hard to tell if that amount will return. The promotion does require qualifying direct deposits within the first 90 days. Additionally, the bonuses are taxable, so I had to report mine on my taxes.
Remember that each checking account option has its own set of requirements for waiving fees, so carefully consider which account is best for your situation. While the Relationship Checking works well for me, the Smart Advantage Checking and Smart Money Checking might be a better fit for others, depending on their banking needs and preferences.
My experience with the account has been positive overall. However, I would encourage anyone considering opening an account to weigh the pros and cons of each option to determine which account best aligns with their financial goals and banking habits.
OPEN AN ACCOUNT TODAY BEFORE THE OFFER EXPIRES:
More from BMO:
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- BMO Business Checking Up To $1,000 Bonuses [Nationwide] – Ends 4/30/2024
- BMO Bank Checking & Money Market Bonus: Up To $4,100 Offers – Ended
- BMO Bank: How Its $400 Bonus & Banking Solutions Align with Your Long-Term Goals
- Taunton Federal Credit Union $350 Checking Bonus [MA] – No End Date
- BMO Business Platinum Rewards Mastercard® 100,000 Bonus Points
- BMO Platinum Rewards Mastercard 25,000 Bonus Points ($300 Value)
- BMO Cash Back Mastercard $200 Bonus Cash
- BMO Premium Rewards Mastercard 35,000 Bonus Points ($435 Value)
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
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A $25,000 minimum daily Ledger Balance for the previous calendar month
it should be $10,000 instead.
Thanks for catching that MC