BMO Bonus: $400 Checking Offer – Ends 9/8/25

You can earn a $400 checking bonus when you open a new qualifying account with BMO with qualifying activities.

To earn the BMO checking cash bonus*:

• Open a new BMO Smart Advantage Checking account and get a $400 cash bonus* when you have a cumulative total of $4,000 in qualifying direct deposits within 90 days of account opening between 5/5/25 – 9/8/25. *Conditions Apply. Accounts are subject to approval and available in the U.S. by BMO Bank N.A. Member FDIC
• Open a new BMO Smart Money Checking account and get a $400 cash bonus* when you have a cumulative total of $4,000 in qualifying direct deposits within 90 days of account opening between 5/5/25 – 9/8/25. *Conditions Apply. Accounts are subject to approval and available in the U.S. by BMO Bank N.A. Member FDIC

Update 7/3/25: Get a $400 cash bonus* when you open a new checking account and complete qualifying activities.

*Conditions Apply. Accounts are subject to approval and available in the U.S. by BMO Bank N.A. Member FDIC. $4,000 in qualifying direct deposits within 90 days of account opening. 

BMO Bonus $400 Checking Bonus

• What you’ll get: $400 Cash Bonus*
• Account Type: Smart Advantage Checking  or Smart Money Checking
• Availability: Nationwide
• Direct Deposit Requirement: Yes
• Credit Inquiry: None
• Credit Card Funding: Cannot fund with credit card
• Monthly Fee: $0-$25, waivable.
• Early Account Termination Fee: $50 if closed within 90 days of opening
  • Account may auto-close if not funded

(Expires 09/08/2025)

How To Waive Monthly Fees

• BMO Smart Advantage Checking: No monthly fees with paperless statements.
• BMO Smart Money Checking: No monthly maintenance fee if you’re under 25 years old, otherwise $5 monthly fee.
• BMO Relationship Checking: The monthly maintenance fee for the Premier account is $25. But we’ll waive the fee if you meet any of the following requirements:
  • The minimum daily Ledger Balance in your account is $10,000 or more for the previous calendar month.
  • You have a Monthly Combined Balance of $25,000 for the previous calendar month.
  • You’re a client of our employee benefits program, Best of BMO U.S., and have requested the waiver from your BMO Banker.

BMO Smart Advantage Checking Account Features

• BMO Smart Advantage Checking
  • No minimum balance required
  • Fee-free transactions at more than 40,000 Allpoint® network ATMs nationwide
  • No monthly fees with paperless statements

BMO Smart Money Checking Account Features

• BMO Smart Money Checking
  • No minimum balance required
  • Fee-free transactions at more than 40,000 Allpoint® network ATMs nationwide
  • No monthly maintenance fee if you’re under 25 years old

Fine Print

• Checking cash bonus offer is limited to one per customer and account (including trustees and signers on joint accounts). Offer is not available for existing BMO personal checking customers (including trustees and signers on joint accounts) or those who have closed a BMO personal checking account within the past 12 months. Cash bonus may be reported to the IRS for tax purposes, and you are responsible for any applicable taxes. Offer can be changed or canceled without notice at any time and cannot be combined with any other offer. If your balance is zero, we may close your account. Your account must be open, in good standing and must have a balance greater than zero when the cash bonus is paid.
• Qualifying direct deposits are deposits of regular income – such as your salary, paycheck, pension payment, Social Security payment, or other government benefits payment electronically deposited into the account from an employer or similar third party – using your account number and BMO’s routing number that you provide to them. We reserve the right to request documentation that the direct deposits qualify. Non-qualifying examples include: teller deposits, wire transfers, ATM transfers or deposits, BMO Digital Banking transfers or deposits, deposits processed as a debit card credit, transfers from any bank or brokerage account, and Account to Account or Peer to Peer (e.g. Zelle®, Venmo) transfers.
• You are only eligible for one checking account cash bonus; you cannot open multiple checking accounts and receive multiple cash bonuses. The promo code is applied to the first checking account that is opened between November 1, 2024 and February 3, 2025. 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. Cash bonus is paid into the checking account approximately 100 days after account opening.

Bottom Line

You’ll also have unlimited fee-free transactions at over 40,000 Allpoint network ATMS nationwide with a BMO Checking account.

If you would like to see more, see our list of the latest banking offers from BMO or check out our full list of the latest bank bonuses.