Who doesn’t love the idea of earning a little extra cash while discovering a checking account that works for you? If that sounds appealing, BMO’s (formerly BMO Harris Bank) latest bonus offers might be exactly what you’re looking for.
Picture this: You open a new checking account, meet a few simple requirements, and suddenly, you’re hundreds of dollars richer. It’s not too good to be true—it’s exactly what BMO is offering right now. Whether you’re interested in a personal checking account with up to $300 or looking to cash in on the $750 bonus for a business account, BMO has designed these promotions to give your banking experience a nice boost.
Founded in 1817, BMO has been a trusted partner in managing finances for over 200 years. And now, alongside their extensive services, they’re offering some seriously attractive bonuses. Ready to find out how you can snag one of these deals? Let’s dive into the details and see how easy it is to earn up to $750 with BMO!
If you’re looking for more of the best checking accounts, here is a curated list of our top picks for best checking and savings account bonuses.
Key Takeaways
- BMO offers lucrative bonuses for new checking and business accounts.
- Personal checking account bonuses range from $400 to $600, with qualifying direct deposits within the first 90 days.
- Business checking accounts can earn you a bonus of up to $750, depending on your balance maintenance and qualifying transactions.
- No BMO fees for ATM transactions within the Allpoint® network, plus additional benefits for Relationship Checking Account holders.
- Learn the steps to qualify for bonuses and avoid fees with BMO’s banking products.
Best BMO Bonuses & Promotions
Earn up to $750 with these limited-time offers from BMO! You can get up to $350 for a personal checking account & up to $750 for a business checking account. Click one of the links below for more information.
BMO $400 Checking Cash Bonus*
How To Earn The Bonus:
- Open a New Account: Choose between the BMO Smart Advantage Checking account or BMO Smart Money Checking account during the promotional period, from September 9, 2025 to January 28, 2026.
- Complete Qualifying Activities: Make sure you have at least $4,000 in qualifying direct deposits within the first 90 days to qualify for the $400 cash bonus*.
- Offer Availability: This promotion is available nationwide, so anyone in the U.S. can participate.
*Conditions apply and other offers may be available. Provided in the U.S. BMO Bank N.A. Member FDIC
BMO Checking Account $400 Cash Bonus* – Ends 1/28/26
Looking for an easy way to earn a cash bonus* while opening a new checking account? Now’s the perfect time to consider BMO, as they are offering a $400 cash bonus* for new checking account customers. This promotion runs from… READ MORE
BMO Business Account Promotions: Up To $1,000 Business Checking Bonus [Nationwide] – Ends 1/28/26
Open a BMO business checking account and earn up to a $1000 cash bonus with the latest BMO business account promotion. Manage your business finances with your choice of business account options. Key Takeaways BMO Business Account Promotion: Earn up… READ MORE
BMO Smart Advantage Checking Review: $400 Cash Bonus* & No Monthly Maintenance Fee
As someone who values smart financial choices, finding the right checking account is crucial for managing your money effectively. In this review, we'll take a deep dive into the features and benefits of BMO Smart Advantage Checking, helping you understand… READ MORE
BMO Smart Money Checking Account Review: Ideal For Under-25s & Score a $400 Cash Bonus*
If you’re under 25 and seeking a hassle-free banking experience, the BMO Smart Money Checking Account could be your golden ticket. Imagine banking without worrying about overdraft fees or monthly maintenance charges. Sound too good to be true? Let’s look… READ MORE
BMO vs. Chase Checking Account Bonuses Compared: Guide to Maximizing Your Bank Bonus Earnings
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BMO Checking Account Fees: What You Need to Know
Get essential insights on BMO checking account fees. Find out which services are free and which carry service charges to manage your finances better. Stay informed and save! Key Takeaways Understand BMO Fees & BMO Service Charges: Navigating BMO's fee… READ MORE
BMO: How Its $600 Bonus & Banking Solutions Align with Your Long-Term Goals
Embarking on the path to financial security with BMO is not only a strategic decision but a lucrative one, with their enticing $600 bank bonus for new customers to jumpstart your journey. UPDATE 11/2/24: THE OFFER HAS ENDED. NOW THEY'RE… READ MORE
BMO Relationship Checking Review: Reward Banking Made For You
Discover the advantages of BMO Relationship Checking, from ATM fee reimbursements to a sign up bonus. Learn if it's the right fit for you. Plus earn up to $600 bonus (the sign up bonus offer has ended). UPDATE 11/2/2024: The… READ MORE
BMO Referral Bonus: Earn Up To $500 For Referring Friends
Learn how to earn rewards by referring friends to BMO. Discover the details of the BMO Referral Bonus program and how you can benefit. Key Takeaways Referral Period: February 2024 – June 30, 2024. Eligibility: Existing BMO clients who receive… READ MORE
BMO Premium Rewards Mastercard 35,000 Bonus Points ($435 Value)
The BMO Premium Rewards Mastercard has an offer for 35,000 bonus points when you spend $5,000 within the first three months (ways to meet this spending requirement). According to BMO, this welcome offer is worth over $435 when you redeem… READ MORE
BMO Business Platinum Rewards Mastercard® 100,000 Bonus Points
Get rewarded with up to 100,000 points in your first year with the BMO Business Platinum Rewards Mastercard®. Get 50,000 points as a welcome bonus upon spending $5,000 within 3 months of activating your account. Plus, an additional 50,000 bonus… READ MORE
BMO Cash Back Mastercard $200 Bonus Cash
The BMO Cash Back Mastercard has an offer for $200 bonus cash when you spend $2,000 within the first three months (ways to meet this spending requirement). Although not the best bonus out there, it's a pretty nice deal for… READ MORE
BMO Platinum Rewards Mastercard 25,000 Bonus Points ($300 Value)
The BMO Platinum Rewards Mastercard has an offer for 25,000 bonus points when you spend $2,000 within the first three months (ways to meet this spending requirement). According to BMO, this welcome offer is worth over $300 when you redeem… READ MORE
BMO Personal Checking Accounts
Here are the personal checking accounts available from BMO:
- BMO Smart Advantage Checking Account: This account has a $0 monthly maintenance fee, no minimum balance requirement, and a minimum opening deposit of $25. It’s the bank’s most popular checking account. Get fee-free transactions at more than 40,000 Allpoint® network ATMs nationwide.
- BMO Smart Money Checking Account: The $5 monthly maintenance fee for this account is waived for those under 25 years of age and the minimum opening deposit is $25. This account also has no overdraft or NSF (Non-Sufficient Funds) fees. Get fee-free transactions at more than 40,000 Allpoint® network ATMs nationwide.
- BMO Relationship Checking Account: You can waive the $25 monthly maintenance fee on this account by having a daily ledger balance of $10,000 for the previous calendar month, OR by having a monthly combined balance of $25,000 for the previous calendar month. This account has extra benefits the more you have on deposit. Get unlimited non-BMO ATM transactions* and surcharge** fee rebates on non-BMO ATMs.
- *No BMO fee; however, the ATM operator or network may charge you a surcharge fee for a transaction or balance inquiry.
- ** Rebate of up to $25 per statement period on ATM surcharge fees charged by other banks, and more.
READ MORE: CHASE IS OFFERING A GREAT PROMO ON THEIR PERSONAL CHECKING ACCOUNTS
About BMO Bonus Offers
BMO often gives new customers cash bonuses* if they meet certain requirements. Keep your eye out on our page for updated offers.
If you see one, make sure you know when the deal ends to act accordingly.
To take advantage of the bonus deal, you can open an account online in just a few minutes.
How Can You Get A BMO Offer?
The requirements for BMO promos are relatively simple. To take advantage of these promotions, open a new BMO account using the relevant promo code from BMO’s offer page. Ensure you meet the direct deposit requirements or maintain the necessary balances. For the savings account bonus, simply increase your balance each month to qualify for the monthly reward.
For checking account bonuses, you’ll generally need to do the following:
- Open a new checking account with a BMO promo code. The code is automatically applied when you open directly from the offer page. To open in-branch, you can enter your contact details on the offer page to receive a promo code.
- Receive the qualifying direct deposit totaling a specified dollar amount or maintain a minimum balance for the stated duration.
- Bonus offers are frequently updated so read the terms carefully for each offer.
- Make sure you know what the monthly maintenance fee is.
For the savings account bonuses, you’ll generally need to:
- Open a new account.
- Deposit to your savings balance a certain dollar amount every month.
- Read the terms for each particular offer.
Important Details To Know About BMO Bonuses
You May Have To Pay Taxes On The Bonus
When you open a BMO account and get a cash bonus*, that bonus report will be sent to the IRS so that it can be taxed. The bank tells you that you are responsible for taxes on multiple bonuses and that the amount is not part of the opening deposit for your account opening amount.
You Can Only Get One Bonus Per Account Type
For example, you may be able to open more than one checking account with BMO, but you cannot receive multiple cash bonuses* and are limited to just one per customer.
Existing personal checking customers can’t qualify for personal checking bonuses. Also, you can’t qualify for a personal checking promo if you’ve closed a BMO personal checking account within the past 12 months.
The same limitations usually apply to business accounts, multiple checking accounts, and savings accounts. You’ll need to read the terms of each offer.
READ MORE: IF YOU’RE LOOKING FOR AN ONLINE BANK, AXOS HAS A WELCOME BONUS
My Take on the BMO Bonuses
BMO is a large financial institution that offers a wide range of banking products and services to individuals and businesses.
Overall, BMO seems like a reliable and comprehensive banking option for customers in the Midwest and Southwest United States.
I would recommend considering BMO as a banking option and researching the terms and fees of their accounts (such as the monthly maintenance fee), as well as comparing them to other banks and credit unions in your area.
What is your opinion of these offers from BMO? Please comment below.
Frequently Asked Questions (FAQ)
What types of accounts does BMO offer?
BMO offers a variety of personal and business banking accounts, including checking and savings accounts, credit cards, mortgages, auto loans, and investment accounts. The BMO Relationship Checking account is one of the more popular accounts being offered.
How can I apply for a BMO account?
You can apply for a BMO account online, over the phone, or in-person at a BMO branch.
Are there any fees associated with BMO accounts?
BMO charges fees for certain types of transactions and account activities, such as a monthly maintenance fee, non-sufficient funds fees, and foreign transaction fees. These fees may vary depending on the type of account.
Does BMO offer online and mobile banking?
Yes, BMO offers online and mobile banking services, allowing customers to access their accounts, pay bills, and deposit checks remotely.
How can I find a branch or ATM near me to open a new BMO account?
You can use the BMO branch and ATM locator tool on their website or mobile app to find the nearest branch or ATM.
How do I contact BMO customer service?
You can contact BMO customer service by phone, email or through the website and mobile app.
What are the benefits of the BMO Digital Business Checking account?
The BMO Digital Business Checking account is designed for businesses primarily operating online. It includes unlimited ACH transactions and incoming wire transfers, which are ideal for digital businesses. The account’s $10 monthly maintenance fee can be waived with a minimum average collected balance of just $500, making it an accessible option for small to medium-sized enterprises looking to minimize overhead costs while enjoying robust digital banking services.
What are the key features of the BMO Premium Business Checking account?
The BMO Premium Business Checking account is tailored for businesses with moderate transaction volumes. It allows up to 200 fee-free transactions per statement period, which is perfect for businesses looking for flexibility and growth without high transaction costs. The $15 monthly maintenance fee is easily waived with a $1,500 minimum average collected balance, offering a cost-effective solution for growing businesses that need more from their checking account services
What is the BMO Statement Savings account? Why consider the Savings Builder account instead?
The BMO Statement Savings Account offers a low minimum opening deposit and the ability to earn interest on your balances. However, this account is not available for new accounts and there are no bonuses associated with this account. Instead, consider their Savings Builder account which has better perks. For example, every month your Savings Builder account balance grows by at least $200, BMO will credit the account with a $5 savings reward.
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I just saw a BMO ad about their savings bonus.
I Thought, wow! Let me check that out.
Am SO, SO glad I read these reviews first.
Thanks to all who commented, I have been spared getting scammed.
I will NEVER do business with them.
I opened a smart advantage checking account with BMO Harris after clicking one of their online ads in April 2029 because they promised $300 bonus. I fulfilled each and every requirement and time limits they set. Over 130 days passed since. Numerous calls to their ‘customer service’ line, emails has not produced a result. The BMO Harris bank lied to me to bring my business to them. They promised bonus. They have not delivered. No response why they have not from the customer service line.
Avoid BMO Harris bank if you want the bonus because they do not honor their word.
I’m surprised that they gave you no reason for not paying the bonus. When they cheated me out of my bonus, they DID gave me a reason. Their business checking bonus in summer 2019 required an “opening deposit” of $5000. When they stalled me taking a couple weeks to get the account open, the branch rep then told me to make my FIRST deposit as my “opening deposit” of $5000 and assured me that it would count as the opening deposit required in that promo I deposited the 5000 immediately. Then after they had my $5000 for 90 days and my compliance with all other requirements (on line banking, 10 electronic transactions etc) they decided it would not count as the opening deposit even though it was the very first deposit and was made pursuant to bank instructions. While I argued with them for six months, they changed the promo to remove the words “opening deposit” and allow 30 days to make the opening deposit, a clear requirement I would have met, but they still insisted on claiming that I didn’t make an opening deposit and denying me my bonus based solely on that. MY $5000 deposit was considered a non-opening deposit even though it was the very first deposit and the promo as written had no deadline for making the deposit, 30 days or otherwise. This was all clearly explained to BMO by me numerous times on phone and in writing, but they still refused to pay.
I signed up for a BMO Account and met all of the terms of the bonus offer, with the exception of my account being open. That’s right. They closed my account just to avoid paying me the bonus. AVOID BMO like the plague and do your business elsewhere. These bonus offers aren’t work the paper they are printed on.
Wow, I’m sorry to hear that happened to you. I typically hear good things about BMO honoring their bonus offers. Hopefully this doesn’t become a trend…
I opened the BMO business checking pursuant to the bonus offer last July. The promo at that time required that the “opening deposit” be $5000 so I explicitly and carefully received guidance from the branch rep named Ruquia that I could accomplish this with an online transfer. They stalled me on getting the account open for a couple weeks until Ruquia gave me the all clear and assured me I could make my first “opening deposit” of $5000 with an ach transfer in to qualify as the opening deposit for the promo. After I did that promptly in two days, and kept the funds there for the 90 days required, they decided to refuse to pay me the promo claiming that my first deposit was not an “opening deposit” but some other kind of deposit. I provided emails and records that showed that I had requested and followed guidance from Ruquia to meet the requirements, and BMO branch managers after pretending to listen to me still refused to get this resolved to pay the promo.
DON’T TRUST their promises.
(I have had no problem getting my promos from other banks)
7/29/16: Phone Rep said — “it’s a * HARD TransUnion pull * — only ‘pre-approved Offers’ get Soft-pull”
FYI, while my FICO is sub 600, I rarely am denied setting up a New Ck’g Acct; I’ve setup 15 or so new Acct’s, in last 18 mo’s. Thus, just I ‘avoid Hard Pull requirements’.
Thanks for the tip Bill!