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BMO

Smart Advantage Checking Bonus

$600

bonus value

Up to $600 when you open a BMO Smart Advantage Checking account — $100 per month for up to 6 months, each month you post $1,000+ in qualifying direct deposits.

Expires: Dec 15, 2026

Requirements

1

Open BMO Smart Advantage Checking

New BMO checking customers only — open between 9/9/2026 and 12/15/2026 with the promo code and a $25 minimum deposit

2

Post $1,000+ in qualifying direct deposits each month

Starting the first calendar day of the month after opening — each qualifying month pays $100, up to 6 months

3

Monthly payout

Each $100 bonus is paid about 10 days after the start of the following month

Details

Minimum Deposit$25
Monthly FeeNone
Fee WaiverNo monthly fee
Keep Open6 months min
Cooldown Period12 months
Direct DepositRequired

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Terms & Conditions

New BMO checking customers only — not available to existing BMO personal checking clients or anyone who closed a BMO personal checking account in the past 12 months. Account must be opened between 9/9/2026 and 12/15/2026 with the promo code and a $25 minimum deposit. Beginning the first calendar day of the month after opening, each consecutive month you post a cumulative $1,000+ in qualifying direct deposits earns a $100 bonus, up to $600 over 6 months. Each $100 is paid roughly 10 days after the start of the following month. Limited to one per client and account. Bonus reported on Form 1099-INT.

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Bonus Calculator

1 mo6 months24 mo
0
Bonus+$600
Net Value$600
Effective APY4800.0%

Based on $25 deposit for 6 months

Eligible AgainAfter 12 months