BMO Harris is an FDIC insured bank based in Chicago, IL and has over 500 locations spread out across eight states.
BMO Harris Bank isn’t as well known as some of the other banks we cover but their promotions will get your attention.
As of this writing, they have three active personal account bonuses you should check out. They frequently run consumer banking promotions and we will update those as soon as they release more information about those offers.
Table of Contents
🔃Updated January 2023: The expiration date on these offers was revised to May 12th, 2023.
BMO Harris Smart Advantage™ Account — $200 Bonus
BMO Harris is offering a $200 bonus* when you open a BMO Harris Smart Advantage™ Account and when you have a total of $4,000 or more in qualifying direct deposits within the first 90 days. It is a very straightforward offer that is available nationwide.
The BMO Harris Smart Advantage™ Account is great because there is no monthly fee if you used Paperless Statements.
*Conditions apply
(Offer expires 5/12/2023)
BMO Harris Smart Money™ Account — $200 Bonus
There is also the BMO Harris Smart Money™ Account with a $200 cash bonus* when you open an account and have at least $4,000 or more qualifying direct deposits within the first 90 days. There are no overdraft fees or NSF fees*. No minimum balance required and no monthly maintenance fee if you’re under 25 years old.
Available nationwide.
*Conditions apply
(Offer expires 5/12/2023)
BMO Harris Premier™ Account — $350 Bonus
If you receive a larger paycheck, BMO Harris will give you a $350 bonus* when you open a BMO Harris Premier™ Account and when you have at least $7,500 in qualifying direct deposits within the first 90 days. There are no additional requirements, it’s just a higher direct deposit total amount over the 90 days.
The account does have a $25 waivable monthly maintenance fee with unlimited non-BMO Harris ATM transactions plus $25 monthly rebate on ATM fees from other banks and a Relationship Package that provides increasing rewards across multiple products sets the deeper your relationship is with the bank. Also available nationwide.
*Conditions apply
(Offer expires 5/12/2023)
How Does This Offer Compare?
The BMO Harris offer is a solid one but this is how it compares with some other nationally available bank offers:
⭐Citi Priority Account – up to $2000
Citi Priority is offering up to $2000 bonus when you open an account by 4/4/2023. Then, within 20 days of opening your account, deposit at least $10,000 in New-to-Citi® funds and keep it there for 60 days after the 21st day. The bonus amount is based on how much you can transfer but the lowest tier starts at $10,000.
Discover Online Savings Account – $150 or $200
Discover Bank is offering a $150 or $200 bonus when you open your first Discover Online Savings Account with the promotion code WH323 and deposit at least $15,000 into the account within 30 days. You get $150 if you deposit $15,000 or more and $200 if you deposit $25,000.
Bank of America – $100 Bonus Offer
Bank of America offers a $100 Bonus Offer cash bonus if you open a new account and set up and receive qualifying direct deposits totaling $1,000 or more into that account within 90 days of account opening. It has a monthly fee that is easy to have waived.
Chase Total Checking® – $200
Chase Bank will give you $200 when you open a Total Checking account and set up direct deposit within 90 days. There is a $12 monthly fee that is waivable with a monthly direct deposit of just $500, so no gotchas on this deal!
Albert – $150
Albert will give you $150 when you open an account and receive a qualifying direct deposit of at least $500 within 45 days and spend at least $200 on goods and services every 30 days for 90 consecutive days with your Albert debit card.
As with any bank offer, BMO Harris or otherwise, make sure to review this guide on bank account bonuses – I share tips on how to make sure you get the bonus you earned with as little headache as possible.
