Available only to Bank at Work and Group Banking Services customers residing in AR, FL, IL, IN, KS, MS, MN, & WI, you can earn a $250 bonus for opening a new checking & savings and completing certain requirements. Below is all the information and details you need to earn your BMO Harris Bank $250 Checking & Savings Bonus!

BMO Harris Bank $250 Checking & Savings Bonus Summary

To earn your BMO Harris Bank $250 Checking & Savings Bonus, simply open a new checking and savings account along with meeting certain requirements.

• Bonus Offer: BMO Harris Bank $250 Checking & Savings Bonus
• Availability: AR, FL, IL, IN, KS, MS, MN, & WI (Bank Locator)
• Expiration: None listed
• Credit Inquiry: Soft Pull
• Credit Funding: Up to $1,000
• Opening Deposit Requirement: $0 Health Savings, $25 Checking; $100 Statement Savings
• Direct Deposit Requirement: Yes
• Monthly Service Fee: $0 – $30; see below on how to waive the fees
• Early Termination Fees: Yes, $50. Must wait 6 months before closing to avoid early closure fee.
• Promo Code(s): None

Application Link

BMO Harris Bank $250 Checking & Savings Bonus: If you are eligible for this bonus offer, apply today!

If you are interested in more BMO Harris Bank Deals, Bonuses, and Promotions, see our compiled list of BMO Harris Bank Deals here.

Checking Bonus Requirements

Receive up to a $250 cash bonus when you open the following new products and services:

• $100 cash bonus when you open a new personal checking account with qualifying direct deposits:
  • Open a new BMO Harris Smart Money^™ Account, BMO Harris Smart Advantage^™ Account, or BMO Harris Premier^™ Account.
  • Have at least $600 in cumulative direct deposits of any combination of a paycheck, pension payment, Social Security payment, or other government benefits payment electronically deposited into the account from an employer or outside agency within 60 days of opening.
• $50 cash bonus when you also open a new Statement Savings account with $1,000 new money
  • Open a new Statement Savings account with an initial deposit of $1,000 or more of funds not currently on deposit at BMO Harris Bank or its affiliates within 60 days of opening the new BMO Harris personal checking account.
  • Maintain at least $1,000 in the account for 90 days.
• $50 cash bonus when you also open a new BMO Harris Health Savings Account®
  • Open a new HSA within 60 days of opening the new BMO Harris personal checking account.
• $50 cash bonus when you also sign up for eStatements
  • Enroll in BMO Harris Online Banking^®
  • Opt to receive electronic only statements on the new BMO Harris personal checking account within 60 days of opening the new BMO Harris checking account. To opt for electronic only statements you must a) log into BMO Harris Online Banking and select the “Preferences” tab, b) select “Statement Preferences” and c) select “Electronic Only” and agree to the terms.

Avoid Monthly Fees

• BMO Harris Everyday Checking: $12 monthly fee; The $12 monthly fee can be waived if you meet at least ONE of the following requirements:
  • You have Incoming External Deposits into this account totaling at least $500 during the statement period
  • You have kept at least $1000 daily Ledger Balance in this account
  • You have requested BMO link this account to a BMO Harris Select Checking or BMO Harris Portfolio Checking account to receive benefits under Relationship Waiver and meet the Combined Balance requirement for the BMO Harris Select Checking or BMO Harris Portfolio Checking account
  • You have requested we link this account to a Wealth Checking Account to receive benefits under Relationship Waiver and meet the Average Daily Balance requirement
  • You are a college student and request a student waiver fee
• BMO Harris Select Checking: $15 monthly fee; The $15 monthly fee can be waived if you meet at least ONE of the following:
  • You have kept at least $5000 daily Ledger Balance in this account
  • You have requested Relationship Waiver on this account and meet the $10,000 Combined Balance requirement
  • You are timely paying a BMO Harris consumer or small business loan or line of credit in accordance with the terms of your agreement, and request the waiver from a BMO Harris Banker
• BMO Harris Portfolio Checking: $25 monthly fee; The $25 monthly fee can be waived if you meet at least ONE of the following:
  • You have kept at least a minimum of $25,000 daily Ledger Balance in this account
  • You are timely paying a consumer mortgage loan with Auto Pay from this account. (FHA mortgage loans do not qualify for this fee waiver.) Waiver must be requested from a BMO Harris Banker.
  • You are timely paying a BMO Harris consumer or small business loan or line of credit in accordance with the terms of your agreement, and request the waiver from a BMO Harris Banker
  • You maintain a BMO Harris Financial Advisors, Inc. investment account in accordance with the terms of your investment account. Waiver must be requested from a BMO Harris Banker.
  • You have requested BMO Harris Bank link this account to receive benefits under Relationship Waiver and meet the $25,000 Combined Balance Requirement
• BMO Harris Smart Money Checking: $5 monthly fee waived if you meet at least ONE of the following requirements:
  • $5 monthly maintenance fee waived for customers under the age of 25
  • $2 monthly fee for paper statements waived when the primary account owner is under 25 years of age or you opt to receive your statements only through BMO Harris Online Banking
• BMO Harris Smart Advantage Checking: $0 monthly fee with eStatements or $0 Minimum balance to waive fee
• BMO Harris Premier Checking: $30 monthly fee (no waiver listed)
• Statement Savings Account: $5 monthly fee waived if:
  • You have kept a $500 or more minimum daily Ledger Balance in this account for the month
  • You have a minimum monthly $25 Auto Save transfer into this account, which will waive the monthly maintenance fee for two years after the Auto Save is established, as long as a minimum $25 Auto Save transfer into this account continues to occur each month during that two-year period.⁶ Waiver must be requested from a BMO Harris Banker
  • The Primary Account Owner is under 18 years of age
  • You have requested to link this account to a BMO Harris Portfolio Checking^® or BMO Harris Select Checking^® account to receive benefits under Relationship Waiver and meet the monthly Combined Balance requirement
  • You have requested that we to link this account to a Wealth Checking account to receive benefits under Relationship Waiver and meet the Average Daily Balance requirement
• Health Savings Account: No monthly fees

Author’s Verdict

Pretty great but lengthy BMO Harris Bank $250 Checking & Savings Bonus to earn although this bonus is limited to Bank at Work and Group Banking Services customers! Let us know in the comment section below on your thoughts and experience with this bonus offer! Be sure to check back on BankDealGuy for more bank deals!