See the latest news for BMO Harris Bank bonuses, promotions, and offers here.
Current offers are $60, $300, $500 bonuses when opening an eligible checking, business checking, or savings account with qualifying activity.
About BMO Harris Bank Bonuses Review
Harris Bank and BMO Financial Group merged in 1984 becoming BMO Harris Bank. They have grown to become one of the largest banks in the Midwest serving personal, commercial, and affluent customers. Their banking team provides a combination of sector expertise, local knowledge, and mid-market focus throughout the nation.
I’ll review the current BMO Harris Bank bonuses below.
BMO Harris Premier™ Account $500 Cash Bonus
- Direct Link to Offer
- What you’ll get: $500 bonus
- Account Type: Premier CheckingTM
- Availability: Nationwide. Branches located in AZ, FL, IL, IN, KS, MN, MO, WI
- Credit Inquiry: None
- Direct Deposit Required: Yes
- How to earn it:
- Open a new BMO Harris PremierTM Account and get a $500 cash bonus when you have a total of at least $7,500 in qualifying direct deposits within the first 90 days
How To Waive Monthly Fee
- BMO Harris PremierTM Account
- $25 Monthly Maintenance Fee waived when you have one of the following: $10,000 minimum daily balance, $25,000 in combined balances with Relationship Waiver, or a BMO Harris Financial Advisors, Inc. investment account
BMO Harris Smart Advantage™ Account $300 Cash Bonus
- Direct Link to Offer
- What you’ll get: $200 bonus
- Account Type: Smart AdvantageTM
- Availability: Nationwide. Branches located in AZ, FL, IL, IN, KS, MN, MO, WI
- Credit Inquiry: None
- Direct Deposit Required: Yes
- How to earn it:
- Open a new BMO Harris Smart AdvantageTM Account and get a $300 cash bonus when you have a total of at least $4,000 in qualifying direct deposits within the first 90 days.
How To Waive Monthly Fee
- BMO Harris Smart AdvantageTM Account
- No minimum balance and no monthly fees with eStatements.
BMO Harris Harris Smart Money™ Account $300 Cash Bonus
- Direct Link to Offer
- What you’ll get: $200 bonus
- Account Type: Smart MoneyTM
- Availability: Nationwide. Branches located in AZ, FL, IL, IN, KS, MN, MO, WI
- Credit Inquiry: None
- Direct Deposit Required: Yes
- How to earn it:
- Open a new BMO Harris Smart MoneyTM Account and get a $300 cash bonus when you have a total of at least $4,000 in qualifying direct deposits within the first 90 days.
How To Waive Monthly Fee
- BMO Harris Smart MoneyTM Account
- $5 monthly maintenance fee or $0 if you’re under 25
BMO Harris Bank $300 or $500 Business Checking Bonus
- What you’ll get: $300 or $500 bonus
- Eligible account: Business Checking
- Availability: Nationwide. Branches located in AZ, FL, IL, IN, KS, MN, MO, WI
- Credit Inquiry: Soft Pull
- Direct Deposit Required: No
- How to earn it:
- Open a new BMO business checking account online or in branch between May 15, 2023 and September 15, 2023.
- Get $300 when you maintain an Average Collected Balance of $4,000 for 120 days.
- Get $500 when you maintain an Average Collected Balance of $10,000 for 120 days.
- Make 10 qualifying transactions within 120 days of opening your account.
(Offer expires 09/15/2023)
| For other business checking accounts, take a look at our Chase Business Checking ($300 or $500 Bonus), U.S. Bank Business Checking ($500 or $750 Bonus), Axos Bank Basic Business Checking ($100 Bonus), Huntington Unlimited Plus Business Checking ($1,000 Bonus), Huntington Unlimited Business Checking ($400 Bonus), as well as the Huntington Business Checking 100 ($200 Bonus). |
How To Waive Monthly Fee
- Premium Business Checking: The $15 dollars monthly maintenance fee with $1,500 dollars or more Average Collected Balance for the statement period.
- Elite Business Checking: The $20 dollars monthly maintenance fee with $5,000 dollars or more in Average Collected Balance or $15,000 dollars or more in Combined Balance for the statement period
- Simple Business Checking: The $10 dollars monthly maintenance fee with $100 dollars or more in Average Collected Balance.
- Digital Business Checking: The $10 dollars monthly maintenance fee with $500 dollars or more in Average Collected Balance.
Fine Print
- How to get a business checking bonus: You can receive either the $300 bonus or the $500 bonus. You can apply online or at a BMO branch. To apply online visit bmo.com/businesscheckingoffer, 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, visit bmo.com/businesscheckingoffer, enter your information, and select “SEND MY PROMO CODE” to receive the promo code you must use when opening your account.
You are not eligible for the business checking bonus if you have an existing BMO business checking account or have closed a BMO business checking account within the past 12 months, using the same Taxpayer Identification Number (TIN)/Employer Identification Number (EIN)/Social Security Number (SSN) as the new account. Bonus will be reported to the IRS for tax purposes, and you are responsible for any applicable taxes. Offer can be changed or cancelled without notice at any time, cannot be combined with any other offer, and is limited to one bonus per business entity. - The minimum deposit to open a business checking account is $100. For business checking account and fee information, including current interest rates for the variable rate BMO Elite Business Checking account, visit bmo.com or call 1-800-546-6101.
- You are only eligible for one (1) business checking bonus. 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 bonus you qualify for will be deposited into the new checking account within 14 days of meeting the respective promotion requirements stated above, approximately Day 135.
- In order to receive the bonus, you must 1) meet the associated criteria for the respective offer mentioned above, 2) your checking account must be in an open status and in good standing with a balance greater than zero on the day of payment, and 3) be either a BMO Digital Business Checking, BMO Simple Business Checking, BMO Premium Business Checking, or BMO Elite Business Checking account.
- Accounts are subject to approval and are provided in the United States by BMO Harris Bank N.A. Member FDIC
BMO Harris Bank $60 Savings Reward
- What you’ll get: Up to $60 in rewards
- Eligible account: Savings
- Availability: Nationwide. Branches located in AZ, FL, IL, IN, KS, MN, MO, WI (Bank Locator)
- Credit Inquiry: None
- Direct Deposit Required: No
- How to earn it:
- To earn $5 monthly savings reward (times 12 months = $60 in savings rewards)
- Open a new Savings Builder account and enjoy the benefit of earning a $5 savings reward every month you grow your balance by $200 or more for the first year. Exclusions apply. Must have a minimum deposit of at least $25.
- To earn $5 monthly savings reward (times 12 months = $60 in savings rewards)
(No Offer Expiration Listed)
| Compare this savings account to alternatives like SoFi Checking & Savings (Up to $275 Bonus + 3.25% APY), Discover Online Savings (Up to $200 Bonus + 4.00% APY), UFB Premier Money Market (4.81% APY), Patriot Bank Money Market (5.02% APY) and CIT Bank Platinum Savings (4.85% APY). |
Fine Print
- You must open a new Statement Savings account between November 2, 2020 and October 29, 2021 at a BMO Harris branch in AZ, FL, IL, IN, KS, MN, MO or WI or online.
- If you open your account online, you must reside in AZ, FL, IL, IN, KS, MN, MO or WI.
- For every month that your balance grows by at least $200, we will credit your account with a $5 bonus within 5 calendar days after the end of the month.
- To calculate if your balance has grown by $200, we will compare your balance on the last business day of the previous month to your balance on the last business day of the current month.
- Interest and bonus payments will not count towards your balance growth.
- If your balance does not grow by at least $200 in a month, you will not be disqualified for subsequent months.
- Your account is only eligible for this offer for 12 consecutive months beginning with the month your account is opened.
- If you fund your account on the day you open your account or any other day that month, your opening deposit will count towards your balance growth for the first month of this offer.
- If your account is not funded until the next month, you will only be eligible for 11 consecutive months of rewards.
- Accounts opened online may have a delay in initial funding.
BMO Harris Bank Online Savings
BMO Harris Bank CD
Conclusion
If you live near a BMO Harris Bank location, you have the opportunity to earn an attractive bonus. Keep in mind, some of the promotions on this post are for business owners or employees of a business affiliated with BMO Harris. In my opinion, the bonuses are attractive because they are soft pull, so it won’t hurt your credit score.
Feel free to comment on this post with any questions you may have about BMO Harris Bank, their accounts they offer, or any experiences you have had!
Although these bank promotions are rather generous, you can also take advantage of our list of Savings, Money Market, and CD rates.
If you don’t live in the available areas, be sure to check out our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank, Wells Fargo, Bank of America, CIT Bank, Citi and many more.
Check back often for more BMO Harris Bank Bonuses, Promotions, or Offers!
BMO’s 800 phone number doesn’t work. You call and press the option to speak to someone about opening an account and get told it’s not in service. Neither can I seem to locate any branch near me. What poor marketing. Maybe they can’t even afford to pay everyone interested in the bonus offers.
I don’t see the requirement to maintain $5,000 in Platinum Money Market account for 90 days to get an additional $100 for BMO $500 bonus package though.