BMO Harris Personal Checking $200 Bonus

BMO Harris Bank : Personal Checking

Bonus Amount
$200
Account Type
Personal Checking
Available In Your Area?
No
Offer Expires In
Bonus Requirements
  1. Open a new Smart Advantage™ or Smart Money™ account using the link below.
  2. Within 90 days, have a total of $4,000 in direct deposits.
  3. Bonus is credited directly to your checking account approximately 100 days after account opening.
Other Details
Hard Credit Pull?
Monthly Fees?
Varies By Account
Open Online?
Save for later
Share with a friend

BMO Harris Bank is giving you 3 months to accumulate $4,000 in direct deposits to earn a $200 welcome bonus for opening a new Smart Advantage™ or Smart Money™ checking account.

It's not available nationally, but if you're in one of the targeted states, you can open an account online to grab that cash.

How To Earn The Bonus

The BMO Harris Personal Checking promotion requires you to set up direct deposits in order to earn the $200 bonus.

Full requirements to receive this bonus are:

  1. Open a new Smart Advantage™ or Smart Money™ account using the link below.
  2. Within 90 days, have a total of $4,000 in direct deposits.
  3. Bonus is credited directly to your checking account approximately 100 days after account opening.

The fine print

  • Available only to those who live in Illinois, Wisconsin, Indiana, Kansas, Missouri, Minnesota, Arizona, or Florida.
  • Qualifying direct deposits are any paycheck, pension payment, Social Security payment, or other government benefits payment electronically deposited into the account from an employer or outside agency.
  • If you choose to open an account at a branch, you'll need to first receive a promo code by entering your email. If you open online, the promo code is automatically applied.
  • Not available to existing personal checking customers, or to those who have closed a personal checking account within the past 12 months.
  • You cannot combine this offer with any other personal checking welcome bonuses, but you can stack this with a savings account bonus.

How does this checking offer from BMO Harris compare?

Chase Bank Logo
Chase Bank is offering $225 when you open a Chase Total Checking® account. see full details
Citi Logo
Citi gives you up to $1500 when you open a Citi Priority account. see full details
Aspiration Logo
Earn $200 from Aspiration when you open an Aspiration Plus account. see full details

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.

Smart Advantage™

Smart Advantage™ is BMO Harris Bank's basic checking account. There's no cost if you sign up for paperless statements.

While this is a straightforward account without many frills, the account does give you access to BMO's network of 40,000 ATMs, their mobile app and online tools (including access to Total Look®, which helps you manage all of your accounts, even those external to BMO), a chip-enabled debit mastercard and a discount for any mortgages or home equity lines of credit.

Fees

Smart Advantage™ does charge a monthly fee of $5, but there are ways to get this waived:

  • Enroll in paperless statements in BMO Digital Banking

Smart Money™

Fees

Smart Money™ does charge a monthly fee of $5, but there are ways to get this waived:

  • Be under 25 years of age