BMO Harris is a bank based in Chicago, IL and has over 600 locations spread out across eight states. FDIC-insured (FDIC #16571) since 1947, BMO Harris has locations in AZ, FL, IL, IN, KS, MO, MN and WI.
BMO Harris Bank isn’t as well known as some of the other banks we cover but their promotions will get your attention. They are a subsidiary of the Bank of Montreal (hence BMO) and picked up the other parts of its names over various acquisitions over the years.
As of this writing, they only have one active personal account bonus (it’s meh) and a pair of business account promotions. They frequently run consumer banking promotions and we will update those as soon as they release more information about those offers.
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BMO Harris Smart Advantage™ Account — $200
BMO Harris is offering a $200 bonus when you opened a Smart Advantage Checking and receive a total of $4,000 or more qualifying direct deposits within the first 90 days. It is a very straightforward offer that is available to residents of AZ, FL, IL, IN, KS, MO, MN and WI.
The BMO Harris Smart Advantage Account is great because it had no monthly statement fees if you used Paperless Statements.
Learn more
(Offer expires 1/28/2022)
BMO Harris Smart Money™ Account — $200
There is also the BMO Harris Smart Money™ Account with a $200 bonus when you open an account and receive a total of $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 to residents of AZ, FL, IL, IN, KS, MO, MN and WI.
Learn more
(Offer expires 1/28/2022)
BMO Harris Premier™ Account — $350
If you have a larger direct deposit available, BMO Harris will give you $350 bonus when you open a BMO Harris Premier™ Account and receive a total of $4,000 or more 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 but you get unlimited non-BMO Harris ATM transactions plus $25 monthly rebate on ATM fees from other banks. Also only available to residents of AZ, FL, IL, IN, KS, MO, MN and WI.
Learn more
(Offer expires 1/28/2022)
Statement Savings Account — up to $60
BMO Harris has a promotion tied to savings and their Statement Savings account where you can get up to $60. For every month that your balance grows by at least $200, they will credit your account with $5 within 5 calendar days after the end of the month. This offer runs for 12 months from when you open the account, hence the “up to $60” promotion amount.
The minimum opening deposit is $25 and the account has a $5 monthly maintenance fee that is waived if you are under the age of 25 with a minimum $100 balance.
Learn more about this offer
(Offer expires 10/29/2021)
Essential Business Checking — $200
BMO Harris has a promotion where you can get $200 when you open a new Essential Business Checking account. Then, deposit at least $1,500 within 30 days of account opening to start the process. Once your balance is above $1,500, you must keep it above that amount for the next 90 days. Finally, you need at least 10 electronic transactions (ACH credits or debits, online bill payments, mobile deposits, wire transfers or debit card POS purchase transactions) to post to the account within 90 days of opening the account. Once you satisfy those conditions, the bonus money is yours.
No direct deposit requirement, as this is a business checking account. Available to residents of AZ, FL, IL, IN, KS, MO, MN and WI.
Learn more about this offer
(Offer expires 1/31/2022)
Business Advantage Checking — $500
There is a promotion where you can get $500 when you open a new Business Advantage Checking account. Then, deposit at least $5,000 within 30 days of account opening to start the process. Once your balance is above $5,000, you must keep it above that amount for the next 90 days. Finally, you need at least 10 electronic transactions (ACH credits or debits, online bill payments, mobile deposits, wire transfers or debit card POS purchase transactions) to post to the account within 90 days of opening the account. Once you satisfy those conditions, the bonus money is yours.
No direct deposit requirement, as this is a business checking account. Available to residents of AZ, FL, IL, IN, KS, MO, MN and WI.
Learn more about this offer
(Offer expires 1/31/2022)
How Does This Offer Compare?
If you are in the geographic region, which covers eight states, it’s a pretty solid offer when it’s running.
Citi Priority Account – $300, $700, or $1,500
Citi Priority is offering $300, $700, or $1,500 bonus when you open an account by 7/17/2022. Then, within 20 days of opening your account, deposit at least $15,000 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 $15,000. Click here to learn more about this offer.
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 WH122 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.
Chase Total Checking® – $225
Chase Bank will give you $225 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!
HSBC Premier Checking – $450
HSBC has an offer where you can get $450 for eligible new customers who open an HSBC Premier checking account and make recurring monthly qualifying direct deposits of at least $5,000 for 3 consecutive months. Click here to learn more about this offer.
Huntington Bank – up to $500
If you are a resident of Colorado, Illinois, Indiana, Kentucky, Michigan, Minnesota, Ohio, Pennsylvania, South Dakota, West Virginia, or Wisconsin then you could get up to $500 from Huntington Bank for opening a new checking account. There are several checking accounts that qualify but they’re great offers if you live in their geographic region. Click here to learn more about Huntington Bank offers.
TD Bank – $300 or $150
TD bank has two bank offers for checking accounts and both are fairly easy to attain. For example, get $300 when you open a TD Beyond Checking account and receive direct deposits of $2,500 or more within 60 days of opening your account.
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.
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