Find new BMO Bank promotions, bonuses, and offers here.
Update 9/11/26:
- The prior checking bonus just got improved – you can now earn a $600 bonus (previously $400). Valid through 12/15/26.
- The business checking offer has been increased to up to $1500 bonus has been extended through 2/1/27.
Currently, BMO Bank is offering bonuses with a new checking, savings account, or business checking.
Below, you’ll find offers for the BMO Bank Smart Advantage Checking, and Smart Money Checking accounts along with business, savings, CD account offers & promotions.
About BMO Bank Promotions
Established in 1882, BMO has over 900 locations in 23 states.
They are the 2nd largest bank in the State of Illinois where they are headquartered(Chicago). BMO Bank 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 review BMO Bank promotions below.
BMO Relationship Checking $600 Cash Bonus
- What you’ll get: Up to $600 cash bonus
- Account Type: Relationship Checking account
- Availability: Nationwide. (Bank Locator)
- Direct Deposit Requirement: Yes
- Credit Inquiry: None
- ChexSystem: Yes
- Credit Card Funding: Cannot fund with credit card
- Monthly Fees: $25, avoidable
- Household Limit: None
(Expires 12/15/2026)
| Bank of America (Up to $500 bonus offer) | KeyBank Checking ($300 bonus) |
| HSBC Premier Checking (Up to $3,000 Cash Bonus), | Chase Private Client ($3,000 Bonus) |
The information for the BMO Relationship Checking Account has been collected independently by HustlerMoneyBlog. The product details on this page have not been reviewed or provided by the bank.
How To Earn Bonus
HOW TO EARN THE BONUSWAIVE THE MONTHLY FEE
- To receive the personal checking new account cash bonus of up to $600:
- Open a new BMO Smart Money Checking, BMO Smart Advantage Checking, or BMO Relationship Checking account; and
- The primary applicant (first person listed on the account) must reside in Arizona, California, Colorado, Florida, Iowa, Illinois, Indiana, Minnesota, New Mexico, Nevada, Oregon, Utah, Washington, or Wisconsin at the time of application; and
- Beginning the month following account opening, earn a $100 cash bonus each consecutive month you have a cumulative total of $1,000 or more in qualifying direct deposits post to your account.
- BMO Relationship Checking Account
- $25 Monthly Maintenance Fee waived when you have one of the following: $10,000 minimum daily balance, $25,000 in combined balances with Relationship Waiver, or a BMO Financial Advisors, Inc. investment account
BMO Smart Advantage Checking Account $600 Cash Bonus*
- What you’ll get: Up to $600 Cash Bonus*
- Account Type: Smart Advantage Checking
- Availability: Nationwide.
- Direct Deposit Requirement: Yes
- Credit Inquiry: None
- Credit Card Funding: Cannot fund with credit card
- Monthly Fee: $0 with paperless statements
- Early Account Termination Fee: $50 if closed within 90 days of opening
- Account may auto-close if not funded
(Expires 12/15/2026)
| Chase Total Checking® ($400 bonus), | Chase Secure BankingSM ($175 bonus), |
| KeyBank Key Smart Checking ($300 bonus) | SoFi Checking and Savings ($425 bonus) |
| Bank of America ($100 bonus offer) | U.S. Bank Smartly® Checking ($450 bonus) |
The information for the BMO Smart Advantage Checking Account has been collected independently by HustlerMoneyBlog. The product details on this page have not been reviewed or provided by the bank.
How To Earn Bonus
HOW TO EARN THE BONUSWAIVE THE MONTHLY FEE
- To receive the personal checking new account cash bonus of up to $600:
- Open a new BMO Smart Money Checking, BMO Smart Advantage Checking, or BMO Relationship Checking account; and
- The primary applicant (first person listed on the account) must reside in Arizona, California, Colorado, Florida, Iowa, Illinois, Indiana, Minnesota, New Mexico, Nevada, Oregon, Utah, Washington, or Wisconsin at the time of application; and
- Beginning the month following account opening, earn a $100 cash bonus each consecutive month you have a cumulative total of $1,000 or more in qualifying direct deposits post to your account.
- BMO Smart Advantage Checking account
- No minimum balance and no monthly fees with eStatements.
BMO Smart Money Checking Account $600 Cash Bonus*
- What you’ll get: Up to $600 Cash Bonus*
- Account Type: Smart Money Checking account
- Availability: Nationwide.
- Direct Deposit Requirement: Yes
- Credit Inquiry: None
- Credit Card Funding: Cannot fund with credit card
- Monthly Fee: $0 or $5. No monthly maintenance fee if you’re under 25 years old.
- Early Account Termination Fee: $50 if closed within 90 days of opening
- Account may auto-close if not funded
(Expires 12/15/2026)
| Chase Total Checking® ($400 bonus), | Chase Secure BankingSM ($175 bonus), |
| KeyBank Key Smart Checking ($300 bonus) | SoFi Checking and Savings ($425 bonus) |
| Bank of America ($100 bonus offer) | U.S. Bank Smartly® Checking ($450 bonus) |
The information for the BMO Smart Money Checking Account has been collected independently by HustlerMoneyBlog. The product details on this page have not been reviewed or provided by the bank.
How To Earn Bonus
HOW TO EARN THE BONUSWAIVE THE MONTHLY FEE
- To receive the personal checking new account cash bonus of up to $600:
- Open a new BMO Smart Money Checking, BMO Smart Advantage Checking, or BMO Relationship Checking account; and
- The primary applicant (first person listed on the account) must reside in Arizona, California, Colorado, Florida, Iowa, Illinois, Indiana, Minnesota, New Mexico, Nevada, Oregon, Utah, Washington, or Wisconsin at the time of application; and
- Beginning the month following account opening, earn a $100 cash bonus each consecutive month you have a cumulative total of $1,000 or more in qualifying direct deposits post to your account.
- BMO Smart Money Checking account
- No monthly maintenance fee if you’re under 25 years old, otherwise $5 monthly fee
BMO Up to $1500 Business Checking Bonus
- What you’ll get: Up to $1500 bonus
- Account Type: Business checking
- Availability: Nationwide.
- Direct Deposit Requirement: No
- Credit Inquiry: None
- Credit Card Funding: Cannot fund with credit card
- Monthly Fee: None
- Early Account Termination Fee: Your account must be open, in good standing and must have a balance greater than zero when the bonus is paid approximately 120 days after opening
- Household Limit: None listed
(Expires 02/01/2027)
| U.S. Bank Business Checking ($400 or $1200 Bonus) | Chase Business Checking ($500 Bonus) |
| Huntington Unlimited Business Checking ($400 Bonus) | Huntington Unlimited Plus Business Checking ($1,000 Bonus) |
| Bank of America Business Checking ($400 or $750 bonus offer) | |
The information for the BMO Business Checking Account has been collected independently by HustlerMoneyBlog. The product details on this page have not been reviewed or provided by the bank.
| U.S. Bank Business Checking ($400 or $1200 Bonus) | Chase Business Checking ($500 Bonus) |
| Huntington Unlimited Business Checking ($400 Bonus) | Huntington Unlimited Plus Business Checking ($1,000 Bonus) |
| Bank of America Business Checking ($400 or $750 bonus offer) | |
How to Earn Bonus
EARN THE BONUSWAIVE THE MONTHLY FEEFINE PRINT
- Open a new BMO business checking account online or in branch between September 1, 2026 and February 1, 2027.
- To receive a $400 bonus: On day 30 after opening the new account, your account balance must be $4,000 or more. From days 31-90, you must maintain an account balance of $4,000 or more.
- To receive a $750 bonus: On day 30 after opening the new account, your account balance must be $25,000 or more. From days 31-90, you must maintain an account balance of $25,000 or more.
- To receive a $1,000 bonus: On day 30 after opening the new account, your account balance must be $50,000 or more. From days 31-90, you must maintain an account balance of $50,000 or more.
- To receive a $1,500 bonus: On day 30 after opening the new account, your account balance must be $100,000 or more. From days 31-90, you must maintain an account balance of $100,000 or more.
- The cash bonus you qualify for will be deposited into the new checking account within 14 days of meeting the promotion requirements.
- Essential Business Checking: Waive $15 monthly maintenance fee with $1,500 or more Average Collected Balance for the statement period
- Business Advantage Checking: Waive $20 monthly maintenance fee with $5,000 or more Average Collected Balance OR $15,000 or more Combined Balance for the statement period
- You can receive either a $400 cash bonus, a $750 cash bonus, a $1,000 cash bonus, or a $1,500 cash bonus. To take advantage of this offer, you must open your business checking account between September 1, 2026 and February 1, 2027. You can apply online or at a BMO financial center. 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 February 1, 2027 must have their applications submitted prior to 9:00 p.m. Central Time. To apply at a financial center, 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 cash 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. Cash bonus may be reported to the IRS for tax purposes, and you are responsible for any applicable taxes. If your balance is zero, we may close your account. Offer can be changed or cancelled without notice at any time, cannot be combined with any other offer, and is limited to one cash 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 promotion requirements stated above, approximately Day 104. To receive the cash bonus, you must 1) meet the associated criteria for the respective offer mentioned above, 2) your checking account must be open, 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.
- The minimum deposit to open a business checking account is $100. For business checking account and fee information, including current interest rates for the variable rate BMO Elite Business Checking account, visit bmo.com or call 1-800-546-6101.
BMO Savings Builder (Up to $60 in Rewards)
- What you’ll get: Up to $60 in rewards
- Account Type: Savings Builder Account
- Availability: Nationwide
- Direct Deposit Requirement: No
- Credit Inquiry: None
- Credit Card Funding: Cannot fund with credit card
- Monthly Fee: None
- Early Account Termination Fee: Your account must be open, in good standing and must have a balance greater than zero when the bonus is paid approximately 120 days after opening
- Household Limit: None listed
The information for the BMO Savings Builder Account has been collected independently by HustlerMoneyBlog. The product details on this page have not been reviewed or provided by the bank.
How to Earn Bonus
EARN THE BONUSWAIVE THE MONTHLY FEEFINE PRINT
- 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.
- Savings Builder Account: No monthly maintenance fee
- For every month your Savings Builder account balance grows by at least $200, we will credit the account with a $5 savings reward within 5 calendar days after the end of the month.
- To calculate if your balance has grown by $200, we will compare the Ledger Balance on the last Business Day of the previous month to the Ledger Balance on the last Business Day of the current month.
- Interest and savings reward payments will not count towards your balance growth.
- Your account is eligible for 12 savings rewards beginning with the month your account is opened. The first savings reward is based on your savings growth from the Business Day the account is opened through the last Business Day of that month.
- If your initial deposit is not received until the month after account opening, the account will only be eligible for 11 savings rewards.
- Your account must be open when the savings rewards are paid. Savings rewards will be reported to the IRS for tax purposes and you are responsible for any applicable taxes.
- Exclusions:
- Savings rewards are available for new accounts only. An account switched into Savings Builder from a different product is not eligible for savings rewards.
- Savings rewards are limited to one Savings Builder account per customer as Primary Account Owner. Only your first account opened is eligible for savings rewards.
- You are not eligible to receive savings rewards if you have previously opened a Statement Savings account between February 3, 2020 and October 18, 2021 and participated in the Statement Savings account – Savings Rewards offer.
BMO Alto Online Savings Account
Make the most of your money with BMO’s high-yield online-only savings account.
- No fees
- $0 minimum opening deposit
- No minimum balance requirements
- Unlimited transfers and withdrawals
Learn more about the BMO Alto Online Savings Account
BMO Alto Online Certificates of Deposit (CDs)
Grow your savings with BMO’s high-yield online-only CDs.
- No minimum balance
- $0 minimum opening deposit
- 6 available fixed terms (6 months to 60 months)
- Interest paid monthly
Learn more about the BMO Alto Online Certificates of Deposit (CDs)
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| Western Alliance Bank | 3.85% APY 3-Month CD | Review |
| CIT Bank | 3.75% APY 6-Month CD | Review |
| Blue Federal Credit Union | 3.65% APY 15-Month CD | Review |
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| Quontic Bank | Up to 3.50% APY CD | Review |
| First Mid Bank & Trust | 3.50% APY 9-Month CD | Review |
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| Sallie Mae | 3.20% APY 14-Month CD | Review |
| Sallie Mae | 3.20% APY 10-Month CD | Review |
BMO Relationship Plus Money Market Account Up to $3,500 Bonus
You’re able to take advantage of this offer stand alone or with the above offers. To qualify, simply open a BMO Relationship Plus Money Market Account and deposit $25,000 or more of new money into it and within 30 days of opening your account. On Day 30, you’ll be placed in one of five tiers. Maintain a qualifying balance from Day 31 to Day 120 to earn your bonus.
| Deposit Amount | Cash Bonus |
| $25,000 – $49,999.99 | $300 |
| $50,000 – $99,999.99 | $500 |
| $100,000 – $249,999.99 | $1000 |
| $250,000 – $499,999.99 | $2,500 |
| $500,000+ | $3,500 |
BMO Account Features
BMO Relationship Checking Account
- Relationship Packages that offer more perks the more you bank with BMO
- Unlimited non-BMO ATM transactions
- Up to $25 surcharge fee rebates on non-BMO ATMs
- The higher your balance, the more you could earn in interest
Learn more.
BMO Smart Advantage Checking Account
- 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
- 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
- No paper statement or check image fees when you go paperless
BMO Savings Builder Account
Start saving with a low minimum opening deposit of just $25. We’re FDIC insured so you can be certain your money is safe.
- Enjoy no monthly maintenance fee.
- Bank on your time with easy access to your account using BMO Digital Banking.
- Automate your savings habit by creating recurring transfers from your checking account.
Open a new Savings Builder account and enjoy the benefit of earning a $5 reward every month you grow your balance by $200 or more for the first year.
Bottom Line
The current promotions at BMO Bank are definitely worthwhile.
BMO offers an array of products for deposit accounts, including Checking, Savings, Money Market, CD, and IRA products alongside its promotions. Be sure to check out our full list of Bank Rates here and CD Rates here.
Compare BMO Bank Promotions with other bank bonuses from U.S. Bank, Citi, Huntington Bank, Chase Bank, TD Bank, Axos Bank, PNC Bank, SoFi, Bank of America, Wells Fargo, and more!
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