BMO Business Account Promotions: $750 Business Checking Bonus [Nationwide] – Ends 4/30/25

Open a BMO business checking account and earn up to a $750 cash bonus with the latest BMO business account promotion. Manage your business finances with your choice of business account options.

Introduction

BMO (previously BMO Harris) business accounts offer several options to meet your business banking needs and a lucrative opportunity to earn a cash bonus of up to $750. Whether you’re looking to enhance liquidity or streamline operations, their tailored banking solutions will help you manage your business’ finances.

Let’s look into how BMO can help you maximize your business’s potential today!

Recent Updates

• Update 9/10/2024: The offer has been extended through 10/31/2024. See details below. You can also earn up to $600 with their personal checking accounts.
• Update 5/2/2024: The offer has been extended through 9/9/2024 with new bonus tiers. See details below.
• Update 2/20/2024: The offer details, including bonus tiers, were updated.
• Update 1/11/2024: The offer is back with a new $1,000 tier. See details below.
• Update 12/9/2023: The offer has ended but expected to return next week with new bonus amounts.
• Update 11/19/2023: The offer is still available.
• Update 9/18/2023: Offer. has been extended through 12/8/2023 and increased to $400 or $600.
• Update 6/12/2023: Offer has been extended through 9/15/2023 and increased to up to $500.
• Update 4/10/2023: Offer has been extended through 5/12/2023.

READ MORE: SEE THE LIMITED-TIME PROMOTION FOR THE BMO PERSONAL CHECKING ACCOUNT

See the Posts History below for all BMO offers.

BMO Business Checking Promo: $300 or $750 Offer

• What you’ll get: $350 or $750
• Where it’s available: Nationwide
• How to earn it:
  • Open a new BMO business checking account online or in branch
  • Get $350 when you maintain an Average Collected Balance of $4,000 to $24,999.99 for 90 days.
  • Get $750 when you maintain an Average Collected Balance of $25,000 or more for 90 days.
• When it expires: 4/30/2025

READ MORE: GET TOP OFFERS FROM CHASE, AXOS, AND BMO.

Waive The Monthly Fee

• BMO Simple Business Checking: $10/month fee. Average Collected Balance needed to waive monthly maintenance fee: $100.
• BMO Premium Business Checking: $15/month fee. Average Collected Balance needed to waive monthly maintenance fee: $1,500.
• BMO Elite Business Checking: $25/month fee. Average Collected Balance needed to waive monthly maintenance fee: $10,000 or $25,000 Monthly Combined Business Balance.
• BMO Digital Business Checking: $10/month fee. Average Collected Balance needed to waive monthly maintenance fee: $500.

Fine Print

• Eligibility for Bonus: Only new BMO business checking accounts are eligible. You cannot have a current business checking account or have closed one within the past 12 months using the same TIN/EIN/SSN.
• Bonus Options:
  • $350 Bonus: Maintain a balance of $4,000 or more from Day 30 through Day 90 after account opening.
  • $750 Bonus: Maintain a balance of $25,000 or more from Day 30 through Day 90.
• Balance Requirements: Must meet specific balance requirements without dropping below the minimum for the chosen bonus tier during the specified period.
• Account Opening: Can open accounts either online with a promo code or in-person at a branch.
• One Bonus Per Entity: Limited to one bonus per business entity, regardless of the number of accounts opened.
• Bonus Payment: Bonus deposited into the account within 14 days after meeting all conditions, approximately on Day 104.
• Account Standing: Account must be open and in good standing on the day of the bonus payment.
• Tax Responsibility: Bonus amounts will be reported to the IRS; recipients are responsible for any applicable taxes.
• Cancellation: Offer can be withdrawn or changed without notice at any time.

BMO Business Accounts: Which Checking Account is Right For Your Business?

BMO offers a variety of business checking accounts, each designed to cater to different needs and scales of operation.

From the tech-savvy BMO Digital Business Checking account, which offers digital convenience with low fees, to the BMO Elite Business Checking account, ideal for large businesses requiring high transaction volumes and interest earnings, there is an option for every type of business.

Whether you are a small startup or a growing enterprise, BMO provides flexible banking solutions that can adapt to your evolving financial needs, ensuring that every business can find an account that best fits its requirements.

Comprehensive Guide to BMO Business Checking Accounts

Let’s break down each account to help you decide which one fits your business best.

BMO Digital Business Checking Account: Ideal for the Digitally Savvy

The BMO Digital Business Checking account is tailored for business owners who prefer online banking for businesses and digital transactions. This account is particularly advantageous if your operations involve numerous electronic transactions:

• Key Features:
  • Unlimited free ACH transactions and incoming wires.
  • $1,000 in free cash deposits monthly, making it less suited for cash-heavy businesses.
  • A low monthly maintenance fee of $10, which can be waived with an average collected balance of $500.

This account is perfect for businesses that operate predominantly online and handle minimal cash transactions.

BMO Simple Business Checking Account: Best for Small Businesses

Designed for small businesses that require basic checking services without the high volume of transactions, the BMO Simple Business Checking account offers a straightforward, low-cost option:

• Key Features:
  • 100 free transactions per month.
  • Up to $2,000 in free cash deposits each month.
  • A $10 monthly fee, waived by maintaining an average collected balance of $100.

This account suits small businesses looking for essential checking capabilities with manageable transaction volumes.

BMO Premium Business Checking Account: Ideal for Growing Businesses

The BMO Premium Business Checking account is designed for businesses experiencing growth and needing more from their banking services without moving into large-scale corporate banking:

• Key Features:
  • 200 fee-free transactions per month.
  • Up to $5,000 in free cash deposits each month.
  • A monthly maintenance fee of $15, which can be waived with an average collected balance of $1,500.

Moderately-sized businesses that balance a reasonable number of transactions per business day with a need for higher cash deposit limits will find this account beneficial.

BMO Elite Business Checking Account: A Premium Option for Large Businesses

For large businesses with substantial banking needs, the BMO Elite Business Checking account offers high transaction limits along with the potential to earn interest:

• Key Features:
  • 500 free transactions per month.
  • Up to $20,000 in free cash deposits each month.
  • A $25 monthly fee, waivable by maintaining a $10,000 average collected balance or a $25,000 monthly combined balance.

This account is best suited for large enterprises requiring a robust checking solution with added benefits such as interest earnings and relationship packages.

Additional BMO Business Checking Options

Beyond these primary accounts, BMO also caters to specific business types with tailored accounts:

• BMO Business Checking Analyzed Account: Best for very large businesses with high transaction volumes, offering earnings credits to offset fees.
• BMO Non-Profit Small Business Checking Account: A cost-effective solution for non-profits, featuring up to 200 free transactions and $5,000 in free cash deposits per month.

BMO’s diverse range of business checking accounts ensures that every business can find a match for its specific needs. Whether your priority is digital banking, low fees, growth potential, or handling large volumes of transactions and cash, BMO has an account tailored for you.

Comparing BMO Business Accounts

Here’s a comparison of the BMO business checking accounts to give you an overview of the features and differences among the various options:

Account Type	Best For	Key Features	Free Transactions
BMO Digital Business Checking	Tech-savvy small to medium-sized businesses	Digital banking, Unlimited free incoming ACH transactions	Unlimited free incoming ACH
BMO Simple Business Checking	Small businesses	Budget-friendly, basic services	Up to 100 transactions per statement period
BMO Premium Business Checking	Growing businesses	More transactions and features for expansion	Up to 200 transactions per statement period
BMO Elite Business Checking	Large businesses	High volume transactions, earns interest	Up to 500 transactions per statement period

Account Type	Monthly Maintenance Fee	Minimum Balance to Waive Fee
BMO Digital Business Checking	$10	–
BMO Simple Business Checking	$10	$100 average collected balance
BMO Premium Business Checking	$15	$1,500 average collected balance
BMO Elite Business Checking	$25	$10,000 or $25,000 average balance

Compare With Other Bank’s Business Checking Bonuses

BMO’s business checking accounts offer a range of options catering to different business sizes and needs, combined with competitive bonus offerings and accessible customer support. These accounts are particularly appealing to businesses looking for a mix of traditional and digital banking services with extensive ATM and branch access.

When compared to other banks, BMO holds a strong position, especially for businesses that value flexibility and tailored banking solutions. If you’re considering making BMO a primary bank for your business, these options merit serious consideration alongside the top offers from competitors in the market.

We personally like BlueVine and Novo as alternative business checking options. Or if you want to bank with another large institution like BMO, the Chase Business Complete Checking account is the one you should definitely take a look at.

See below for more business checking businesses to see how these BMO business checking bonuses stack up.

• Best Bank Bonuses Without Direct Deposit Requirement June 2025

• Huntington Bank $100, $400, $1000 Business Checking Bonuses [Many States] – Ends 6/19/25
• TD Bank Business Checking Bonus: Earn $500 Cash (Ends 7/31/25)
• Baselane Review & Bonus Offer: $150 Sign Up & 3.35% APY On Banking Balances
• PNC Bank Promotions: $400 or $1,000 Business Checking Bonus [Many States] – Ends 6/30/25
• U.S. Bank Business Checking Account $500 Or $900 Bonus – Ends 6/30/25

Our Take on the Offer

Good offer to go along with the personal checking offer if you’re looking to make BMO one of your main banks.

As with other business checking offers, this one doesn’t require direct deposit. We’ll add this to our list of offers that don’t require direct deposit.

More Offers From BMO

• BMO Smart Money Checking Account Review: Ideal For Under-25s & Score a $350 Cash Bonus*
• BMO Smart Advantage Checking Review: $350 Cash Bonus* & No Monthly Fee
• BMO Checking Account $350 Cash Bonus* – Ends 5/2/25
• BMO Bonus Offers & Promotions May 2025 (Earn $350, $750)
• BMO Relationship Checking Review: Reward Banking Made For You
• BMO vs. Chase Checking Account Bonuses Compared: Guide to Maximizing Your Bank Bonus Earnings
• BMO Checking Account Fees: What You Need to Know
• BMO: How Its $600 Bonus & Banking Solutions Align with Your Long-Term Goals
• BMO Referral Bonus: Earn Up To $500 For Referring Friends
• 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.

By Tony Jay, a seasoned finance blogger and executive editor, who boasts over two decades of experience in the banking sector, with a specialization in online banking and savings strategies. Tony holds a doctoral degree from Tulane University. Edited by John Huynh, who brings more than two decades of experience in finance and investing, including as a senior finance and operations manager at a renowned research institute and degrees in economics and international studies from UC Irvine.