Find new BMO promotions, bonuses, and offers here.
Typical offers include their $60, $400, $600 Personal & Business Checking, Savings Offers.
BMO Promotions Review
Established in 1882, BMO has over 600 locations throughout Arizona, Florida, Illinois, Indiana, Kansas, Missouri, Minnesota, and Wisconsin.
They are the 2nd largest bank in the State of Illinois where they are headquartered(Chicago). BMO offers a variety of checking and savings accounts, including Money Market, CD, and IRA products.
For their checking accounts, BMO expands its reach by joining the Allpoint ATM network, which gives you access to about 40,000 fee-free ATMs.
They also offer online and mobile tools to help you take care of most banking tasks without needing to go in-branch.
I’ll go over BMO offers below.
BMO Relationship Checking Account $600 Cash Bonus
- Direct Link to Offer
- What you’ll get: $600 cash bonus
- Where it’s available: Nationwide
- How to earn it:
- Open a new BMO Relationship Checking Account and get a $400 cash bonus when you have a total of at least $7,500 in qualifying direct deposits within the first 90 days.
U.S. Bank Smartly® Checking ($700 Bonus) | Chase Total Checking ($300 Bonus) |
Truist Checking ($400 bonus) | KeyBank Checking ($200 bonus) |
Fifth Third Bank Momentum® Checking ($200 Bonus) | SoFi Checking and Savings Account ($325 Bonus) |
BMO Smart Advantage Checking Account $400 Cash Bonus
- Direct Link to Offer
- What you’ll get: $400 cash bonus
- Where it’s available: Nationwide
- How to earn it:
- Open a new BMO Smart Advantage Checking Account and get a $250 cash bonus when you have a total of at least $4,000 in qualifying direct deposits within the first 90 days.
U.S. Bank Smartly® Checking ($700 Bonus) | KeyBank Checking ($200 bonus) |
Fifth Third Bank Preferred Checking ($200 Bonus) | Truist Checking ($400 bonus) |
BMO Smart Money Checking Account $400 Cash Bonus
- Direct Link to Offer
- What you’ll get: $400 cash bonus
- Where it’s available: Nationwide
- How to earn it:
- Open a new BMO Smart Money Checking Account and get a $250 cash bonus when you have a total of at least $4,000 in qualifying direct deposits within the first 90 days.
U.S. Bank Smartly® Checking ($700 Bonus) | Chase Total Checking ($300 Bonus) |
Truist Checking ($400 bonus) | KeyBank Checking ($200 bonus) |
Fifth Third Bank Momentum® Checking ($200 Bonus) | SoFi Checking and Savings Account ($325 Bonus) |
BMO Bank $300, $500 or $1,000 Business Checking Bonus
- Direct Link to Offer
- What you’ll get: $300, $500 or $1,000 bonus
- Where it’s available: Nationwide (Bank Locator)
- Direct deposit requirement: No
- Credit Inquiry: Soft Pull
- Monthly fees: $15-$20
- Early account termination fee: $20 if closed within 90 days, bonus will post after 120 days
- How to earn it:
- Open a new BMO business checking account online or in branch between January 8, 2024 and April 30, 2024.
- To receive a $300 bonus. Have 10 electronic transactions post to the account within 90 days and a $4,000 – $9,999.99 Average Collected Balance for 90 days
- To receive a $500 bonus. Have 10 electronic transactions post to the account within 90 days and a $10,000 – $29,999.99 Average Collected Balance for 90 days
- To receive a $1,000 bonus. Have 10 electronic transactions post to the account within 90 days and a $30,000 or more Average Collected Balance for 90 days
(Expires 04/30/2024)
Chase Business Complete Checking® ($300 Bonus) | U.S. Bank Business Checking ($350 or $800 Bonus) |
Huntington Unlimited Plus Business Checking ($1,000 Bonus) | Huntington Unlimited Business Checking ($400 Bonus) |
Huntington Business Checking 100 ($200 Bonus) | Axos Bank Basic Business Checking ($400 Bonus) |
Axos Bank Business Interest Checking ($400 Bonus) | Live Oak Bank Business Savings ($300 Bonus) |
Fine Print
- You can receive either a $300 bonus, a $500 bonus, or a $1,000 bonus. To take advantage of this offer, you must open your account between January 8, 2024 and April 30, 2024. You can apply online or at a BMO branch. To apply online visit bmo.com/businesscheckingoffer and select “OPEN NOW” for the checking account of your choice; we’ll automatically apply the promo code for you. Accounts opened online on the final day of the promotion must have their applications submitted and approved prior to 9:00 p.m. CT. To apply at a branch, visit bmo.com/businesscheckingoffer, enter your information, and select “SEND MY PROMO CODE” to receive the promo code you must use when opening your account.
- You are not eligible for the business checking bonus if you have an existing BMO business checking account or have closed a BMO business checking account within the past 12 months, using the same Taxpayer Identification Number (TIN)/Employer Identification Number (EIN)/Social Security Number (SSN) as the new account. Bonus will be reported to the IRS for tax purposes, and you are responsible for any applicable taxes. Offer can be changed or cancelled without notice at any time, cannot be combined with any other offer, and is limited to one bonus per business entity.
- You are only eligible for one business checking cash bonus; you cannot open multiple checking accounts and receive multiple cash bonuses. Day 1 is the day you open your account and begins the tracking period. If you open your account on a day other than a Business Day, Day 1 is the next Business Day. The cash bonus you qualify for will be deposited into the new checking account within 14 days of meeting the three promotion requirements stated above, approximately Day 104. To receive the bonus, you must 1) meet the associated criteria for the respective offer mentioned above, 2) your checking account must be in an open status and in good standing with a balance greater than zero on the day of payment, and 3) be either a BMO Digital Business Checking, BMO Simple Business Checking, BMO Premium Business Checking, or BMO Elite Business Checking account.
BMO Bank $60 Savings Reward
Earn up to $60 in savings rewards for opening a new eligible savings account and meeting certain requirements.
- What you’ll get: Up to $60 reward
- Where it’s available: Nationwide
- How to earn it:
- To earn $5 monthly savings reward (times 12 months = $60 in savings rewards)
- Open a new Savings Builder account and enjoy the benefit of earning a $5 savings reward every month you grow your balance by $200 or more for the first year. Exclusions apply. Must have a minimum deposit of at least $25.
- To earn $5 monthly savings reward (times 12 months = $60 in savings rewards)
(View BMO Bank to learn more)
BMO Bank Online Savings
BMO Bank CD Rates
Western Alliance Bank High-Yield Savings Premier (5.36% APY) | Customers Bank High Yield Savings (5.32% APY) |
RBMAX High Yield Savings (5.20% APY) | SoFi Checking & Savings ($325 Bonus + 4.60% APY) |
Ponce Bank Money Market (5.26% APY) | Harborstone Credit Union Money Market (5.25% APY) |
CloudBank 24/7 High Yield Savings (5.26% APY) |
Author’s Verdict
BMO Bank is offering a wide variety of promotions and product features for Checking, Savings and Business accounts with fairly easy requirements. We recommend you start signing up today to start earning.
For more options, compare BMO Bank Promotions to offers from Chase Bank, HSBC, Huntington Bank, Discover Bank, TD Bank, CIT Bank, Bank of America, Wells Fargo, and Citi.
For more current offers, check out our bank bonuses page. Compare BMO rates for CDs and Savings with our best rates for Savings and CD accounts.
Also remember to check back to this page and see all the latest BMO Bank promotions, bonuses, and offers.
PROMOTIONAL LINK | OFFER | REVIEW |
U.S. Bank Smartly® Checking | $400 Cash | Review |
Chase Private Client | $3,000 Cash | Review |
U.S. Bank Business Checking | $800 Cash | Review |
U.S. Bank Business Checking | $350 Cash | Review |
Chase Business Complete Checking® | $300 Cash | Review |
KeyBank Checking | $200 Cash | Review |
Chase Total Checking® | $300 Cash | Review |
Chase College CheckingSM | $100 Cash | Review |
J.P. Morgan Self-Directed Investing | Up to $700 Cash | Review |
Chase Secure BankingSM | $100 Cash | Review |
SoFi Checking and Savings Account | $275 Cash | Review |
Huntington Bank Unlimited Plus Business Checking | $1,000 Cash | Review |
Huntington Bank Unlimited Business Checking | $400 Cash | Review |
Huntington Bank Business Checking 100 | $100 Cash | Review |
Fifth Third Bank Checking | $200 Cash | Review |
Axos Bank Rewards Checking | $300 Cash | Review |
Axos Basic Business Checking | $400 Cash | Review |
Axos Business Interest Checking | $400 Cash | Review |
Ron Sullivan says
I have enjoyed banking with BMO, but I may have to cancel my account, because your application stops reading my login information, please make appropriate changes.