BMO Harris Savings Builder up to $60 Bonus

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BMO Harris Bank : Savings Builder

up to $60

How To Earn The Bonus

  1. Open a new Savings Builder account using the link below.
  2. Earn an extra $5 for every month you deposit at least $200 into the account, for up to 12 months.

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$5 extra each month just for putting money into my own savings account? OKAY. BMO Harris Bank is offering a total of $60 (5 bucks a month for a maximum of 12 months) as a savings-incentive bonus if you open a new Savings Builder account.

Pro tip: maximize your bonus by also taking advantage of either of the personal checking account welcome bonuses they're offering.

How To Earn The Bonus

The BMO Harris Savings Builder promotion requires you to deposit and maintain a minimum balance in order to earn the $60 bonus.

Full requirements to receive this bonus are:

  1. Open a new Savings Builder account using the link below.
  2. Earn an extra $5 for every month you deposit at least $200 into the account, for up to 12 months.

The fine print

  • Available only to those who live in Illinois, Wisconsin, Indiana, Kansas, Missouri, Minnesota, Arizona, or Florida.
  • If you contribute at least $200 to your account within the same month that you open the account, you'll be eligible for 12 rewards. If you don't fund your account or it's not received until the next month, you're limited to 11 rewards.
  • 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.
  • For every month that your balance on the last business day of the current month is at least $200 more than the balance on the last business day of the previous month, you'll earn $5. To calculate if your balance has grown by $200, they 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.
  • If earned, the $5 bonus will be credited to your account within 5 calendar days after the end of the month.
  • You cannot combine this offer with any other personal savings bonuses, but you can stack this with a checking account welcome bonus.
  • Savings rewards are available for new accounts only. An account switched into Savings Builder from a different product is not 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.

Why BMO Harris Bank?

BMO Harris Bank is headquartered in Chicago, and has about 500 physical locations across 8 states. 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.

BMO offers personal checking, savings products like accounts, MMAs and CDs, business and commercial accounts, home and auto loans, credit cards, and IRAs. They also offer their "Premier Services", which is a wealth management service that aims to help you define and work toward a financial plan.

While BMO offers more accounts and services than some of the online-only banks, most of their rates are only competitive with the big banks (read: not very high), so keep that in mind.

Savings Builder


Savings Builder does not charge a monthly fee.

BMO Harris Bank Locations

You may sometimes be required to visit a branch in-person to take advantage of a welcome offer. Or, you may just prefer the convenience of banking with institutions that have locations near you.

Fortunately, BMO Harris Bank has a total of 527 branches in the United States.

Get a better idea of how well BMO Harris Bank can serve you by checking out their branches closest to your area:

302 North Iowa Street
Dodgeville, WI 53533


2005 West Route #34
Plano, IL 60545


50 North Brockway
Palatine, IL 60067


6625 Lyndale Avenue South
Richfield, MN 55423


111 W Monroe St
Chicago, IL 60603


110 East Irving Park Road
Roselle, IL 60172


11301 Nall Avenue
Leawood, KS 66211


503 North Washington Street
Naperville, IL 60563


4711 Monona Drive
Monona, WI 53716


10604 North Il Route 47
Huntley, IL 60142


3225 Kirchoff Road
Rolling Meadows, IL 60008


228 Water Street
Eau Claire, WI 54702

Accounts are subject to approval. BMO Harris Bank N.A. Member FDIC.