Open a checking account online in minutes, earn a cash bonus! footnote 1
$350
cash bonus footnote 1
BMO
Smart Advantage Checking
Earn a $350 cash bonus footnote 1 when you have a total of at least $4,000 in qualifying direct deposits within the first 90 days
Most Popular
No Monthly Maintenance Fee
No minimum footnote 2 balance required
Fee-free transactions at more than 40,000 Allpoint® network ATMs nationwide
No monthly fees with paperless statements footnote 3
More time to avoid an overdraft fee footnote 4
$500
cash bonus footnote 1
BMO
Relationship Checking
Earn a $500 cash bonus footnote 1 when you have a total of at least $7,500 in qualifying direct deposits within the first 90 days
Relationship Package Benefits
Relationship Packages footnote 5 that offer more perks the more you bank with BMO
Unlimited non-BMO ATM transactions footnote 6
Up to $25 surcharge fee rebates on non-BMO ATMs footnote 7
The higher your balance, the more you could earn in interest
$350
cash bonus footnote 1
BMO
Smart Money Checking
Earn a $350 cash bonus footnote 1 when you have a total of at least $4,000 in qualifying direct deposits within the first 90 days
No Overdraft Fee footnote 8
No minimum footnote 2 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 footnote 3
Want to earn even more?
Open a new Savings Builder account and earn a $5 reward every month you grow your balance by $200 or more for the first year. footnote 9
Enjoy no monthly maintenance fee
Start saving with a low minimum opening deposit of just $25
Feel secure knowing we’re FDIC insured footnote 10
Automate your savings with recurring transfers footnote 11 from your checking account
Do you own a small business?
Explore our business checking accounts to find one that meets your needs.
Redeem your promo code at your nearest branch
Just give us a few details to get your promo code and use the code when you apply.
By providing your contact information, you agree to be contacted by a BMO banker about opening your BMO account and related banking opportunities.
Visit your local branch or call 1-800-546-6101 to make an appointment.
Footnote 1 details To take advantage of the new personal checking account cash bonus offer, you must open your account between May 4, 2024 and Sept. 9, 2024 and use the promo code. You may open your account at a BMO branch, online, or by calling 1-800-546-6101.
- To apply online for a checking account, click through to the landing page, select “OPEN NOW” for the checking account of your choice and we’ll automatically apply the promo code for you.
- To apply at a branch or by phone for a checking account, click through to the landing page, enter your information, and select “SEND MY PROMO CODE” to receive the promo code you must use when opening your account(s).
Accounts opened online on the final day of the promotion must have their applications submitted and approved prior to 9:00 p.m. CT. If you open your account by calling 1-800-546-6101, we must receive your opening deposit and all signed account opening documents by Sept. 9, 2024.
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 or Bank of the West personal checking account within the past 12 months. Cash bonus will 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.
Checking Offer: Get up to a $500 cash bonus when you open a new BMO Smart Money Checking, BMO Smart Advantage Checking or BMO Relationship Checking account and have qualifying direct deposits of salary or other personal income such as a paycheck, pension payment, Social Security payment, or other government benefits payment electronically deposited into the account from an employer or similar third party. We reserve the right to request documentation that the direct deposits qualify. Deposits processed as a debit card credit or via Account to Account or Peer to Peer (e.g. Zelle®, Venmo) transfers do not qualify.
- Get a $350 cash bonus when you open a new Smart Money Checking or Smart Advantage Checking account and have a cumulative total of $4,000 in qualifying direct deposits within 90 days of opening. OR
- Get a $500 cash bonus when you open a new Relationship Checking account and have a cumulative total of $7,500 in qualifying direct deposits within 90 days of opening.
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 May 4, 2024 and Sept. 9, 2024. 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 checking account type you have on Day 90 will determine which cash bonus you are eligible for. To receive the cash bonus, you must meet the associated criteria for that account. Cash bonus is paid into the checking account approximately 100 days after account opening.
Minimum opening deposit of $25 is required for BMO personal checking accounts. BMO Relationship Checking is a variable rate account. Interest rates and Annual Percentage Yields (APYs) may change daily after the account is open. Interest rates and APYs offered within two or more consecutive tiers may be the same. In this case, multiple tiers will be shown as a single tier. The following collected balance tiers and corresponding APYs are effective as of May 1, 2024, and are subject to change at our discretion at any time: 0.01% for all balances. Interest is calculated on the entire collected balance daily at the rate in effect for that balance tier. You must maintain the required minimum collected balance for each tier to earn the APYs disclosed. A periodic rate is applied on the collected balance in the account daily. Interest is compounded daily on the collected balance and credited to the account monthly on the statement period date. Checks you deposit into your account begin to earn interest on the Business Day we receive credit for them. Fees and withdrawals may reduce earnings. For account and fee information or current interest rates, visit bmo.com.
Footnote 2 details Accounts with zero balance may be closed.
Footnote 3 details The monthly fee for paper statements is automatically waived if you opt to go paperless through your BMO Digital Banking preferences or if any individual associated with your account is 65 years or older. The monthly fee for check images is automatically waived if you opt to go paperless through your BMO Digital Banking preferences.
Footnote 4 details For important information regarding overdraft services, please visit www.bmo.com/overdraft.
Footnote 5 details To access the benefits in a particular Relationship Package, you must have a BMO Relationship Checking account. See the Deposit Account Disclosure for details.
Footnote 6 details A Non-BMO ATM Transaction is any transaction conducted at a Non-BMO ATM, including, for example, a withdrawal, transfer, or balance inquiry. No BMO fee; however, the ATM owner or operator may charge you a surcharge fee for a withdrawal, transfer, or balance inquiry.
Footnote 7 details Rebate of up to $25 per statement period on ATM surcharge fees charged by the ATM owner or operator.
Footnote 8 details Items that overdraw the account are returned and ATM/everyday debit card transactions are declined.
Footnote 9 details 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 the 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.
Minimum opening deposit of $25 is required for BMO Savings Builder accounts. Savings Builder is a variable rate account. Interest rates and Annual Percentage Yields (APYs) may change daily after the account is open. Interest rates and APYs offered within two or more consecutive tiers may be the same. In this case, multiple tiers will be shown as a single tier The following collected balance tiers and corresponding APYs for Savings Builder are effective as of May 1, 2024, and are subject to change at our discretion at any time: 0.01% for all balances. Interest is calculated on the entire collected balance daily at the rate in effect for that balance tier. You must maintain the required minimum collected balance for each tier in order to earn the APYs disclosed. A periodic rate is applied on the collected balance in the account daily. Interest is compounded daily on the collected balance and credited to the account monthly on the statement period date. Checks you deposit into your account begin to earn interest on the Business Day we receive credit for them. Fees and withdrawals may reduce earnings. For account and fee information or current interest rates, visit bmo.com.
Footnote 10 details Please visit the FDIC website for current deposit insurance limits.
Footnote 11 details If you make an Internal Transfer on a weekend or holiday, we'll credit the payment the same day, but we'll post the payment on the next Business Day.
Footnote 12 details Message and data rates may apply. Contact your wireless carrier for details.
Footnote 13 details Mobile Deposit is available using the BMO Digital Banking app. This service may not function on older devices. Users must be a BMO Digital Banking customer with a BMO account opened for more than 5 calendar days. Deposits are not immediately available for withdrawal. For details, explore the BMO Digital Banking Agreement found at bmo.com/en-us/legal.
Footnote 14 details Visit the BMO Security Center for details.
Debit card not required to open checking account.
Zelle® and the Zelle® related marks are wholly owned by Early Warning Services, LLC and are used herein under license.
Accounts are subject to approval and are provided in the United States by BMO Bank N.A. Member FDIC