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Checking

BMO

Business Checking Bonus

Up to

$1,500

bonus value

Up to $1,500 when you open a new BMO Business Checking account and maintain a qualifying balance. $400 for $4,000+ balance, $750 for $25,000+, $1,000 for $50,000+, or $1,500 for $100,000+ by day 30, maintained through day 90.

Expires: Aug 31, 2026

Bonus Tiers

Deposit / RequirementBonus
$4,000–$24,999 balance$400
$25,000–$49,999 balance$750
$50,000–$99,999 balance$1,000
$100,000+ balance$1,500

Requirements

1

Open BMO Business Checking

New BMO business checking customers only — Digital, Simple, Premium, or Elite Business Checking

2

Fund account by day 30

$4,000+ for $400, $25,000+ for $750, $50,000+ for $1,000, or $100,000+ for $1,500 bonus

3

Maintain balance days 31-90

Keep minimum qualifying balance through day 90

4

Complete 10 debit card transactions

Within 90 days of account opening

Details

Minimum Deposit$4,000
Monthly Fee$15
Fee WaiverVaries by account type — $100 to $5,000 minimum balance
Keep Open3 months min
Cooldown Period12 months
Direct DepositNot required

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Terms & Conditions

New BMO business checking customers only. Must fund account with qualifying balance by day 30 and maintain through day 90. Must complete 10 debit card transactions within 90 days. Tiered bonus: $400 for $4,000+, $750 for $25,000+, $1,000 for $50,000+, $1,500 for $100,000+. Monthly fee varies by account type ($10-$20), waivable with qualifying balance. $50 early termination fee if closed within 90 days. Limited to one bonus per customer. Not available to existing BMO business checking customers or those who closed within 12 months. Bonus reported on Form 1099-INT.

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Bonus Calculator

1 mo3 months24 mo
Bonus+$1,500
Net Value$1,500
Effective APY150.0%

Based on $4,000 deposit for 3 months

Eligible AgainAfter 12 months