Offer value details
BMO lists a $400 checking bonus for new eligible personal checking customers who open through the offer page during the offer window.
Qualification requirements
Open a new eligible BMO Smart Advantage Checking, Smart Money Checking, or Relationship Checking account from the offer page between May 5, 2026 and September 8, 2026, then receive qualifying direct deposits totaling at least $4,000 within 90 days of opening.
Fees and costs
BMO lists no monthly maintenance fee for Smart Advantage Checking, a $5 monthly fee for Smart Money Checking that is waived for customers under age 25, and a $25 Relationship Checking monthly fee that can be waived under listed conditions.
Availability
BMO says the account may be opened at a BMO financial center, online, or by phone. Confirm eligibility and product availability with BMO before applying.
What to verify
- Direct deposits must total at least $4,000 within 90 days.
- Confirm product and application eligibility with BMO before applying.
- Relationship Checking has a monthly fee unless waived.
- Bonus is reported as interest and may be tax reported.
Confirm current provider terms
Rates, rewards, fees, qualification rules, eligibility, and deadlines can change. Review the provider terms before applying.