How to qualify for the BMO cash bonus
From now until Sept. 9, 2024, BMO is offering you the opportunity to earn either $350 or $500 when you open one of its checking accounts. What’s great about this is that you have the option to earn a cash bonus regardless of which checking account you choose. Here are your options:
- Smart Advantage Checking â Earn $350 when you have a total of at least $4,000 in qualifying direct deposits within the first 90 daysÂ
- Smart Money Checking â Earn $350 when you have a total of at least $4,000 in qualifying direct deposits within the first 90 daysÂ
- Relationship Checking â Earn $500 when you have a total of at least $7,500 in qualifying direct deposits within the first 90 daysÂ
When you open your account online, a unique promo code will automatically be applied to your application. The bonus will then be deposited to your account 100 days after opening your account if you’ve met all the requirements.
For example, your account must be in good standing and have a balance greater than zero when the bonus is paid. You also only qualify for one of these checking account bonuses and whichever account you open first will be the only eligible one.
Direct deposits include either salary, paycheck, pension, Social Security or government benefits payments. And if you open your account on the final day of the promotion, you must have your application submitted and approved by 9 p.m. CT. Â
BMO Smart Advantage Checking
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Monthly maintenance fee
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Minimum deposit to open
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Minimum balance
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Free ATM network
40,000+ BMO and Allpoint® ATMs
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ATM fee reimbursement
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Overdraft fee
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Mobile check deposit
BMO Smart Money Checking
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Monthly maintenance fee
$5, or $0 for ages under 25
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Minimum deposit to open
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Minimum balance
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Free ATM network
40,000+ BMO and Allpoint® ATMs
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ATM fee reimbursement
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Overdraft fee
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Mobile check deposit
BMO Relationship Checking
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Monthly maintenance fee
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Minimum deposit to open
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Minimum balance
$25 with options to waive
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Annual Percentage Yield (APY)
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Free ATM network
40,000+ BMO and Allpoint® ATMs
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ATM fee reimbursement
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Overdraft fee
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Mobile check deposit
Other checking account bonuses
If you’re not interested in opening either of BMO’s checking accounts, there are plenty of other checking account bonuses to consider.
For example, Citi Bank is offering up to $300 until Oct. 8, 2024 when you open a new eligible Citi® Checking account with qualifying direct deposits and apply directly from the special offer page. To qualify, you’ll need at least two ACH direct deposits to the account totaling $1,500 or more within 90 calendar days from account opening.
Citi® Checking Accounts
Deposit products are provided by Citibank, N.A. Member FDIC.
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Monthly maintenance fee
There are two types of Citi checking accounts, Access Checking (no checks) and Regular Checking (unlimited check writing). Access Checking has a $5 monthly service fee, with options to waive; Regular Checking has a $15 monthly service fee, with options to waive as well.
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Minimum deposit to open
There is no minimum deposit to open a checking account with Citi.
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Minimum balance
No minimum balance requirements but, accounts with a zero balance for 90 calendar days are subject to closure.
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Annual Percentage Yield (APY)
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Free ATM network
Access to more than 2,300 Citibank ATMs and over 60,000 other surcharge-free ATMs in the U.S.
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ATM fee reimbursement
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Overdraft fee
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Mobile check deposit
You may be eligible for a cash bonus when you complete required activities – click here for details.
The Chase Total Checking® also has a bonus of up to $300 until October 16, 2024. You just need to be a new Chase checking customer to qualify, open a Total Checking account and make qualifying direct deposits totaling $500 or more within 90 days of coupon enrollment.
Chase Total Checking®
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Annual Percentage Yield (APY)
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Minimum balance to open
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Monthly service fee
$12 or $0 with one of the following, each monthly statement period: Electronic deposits made into this account totaling $500 or more, such as payments from payroll providers or government benefit providers, by using (i) the ACH network, (ii) the Real Time Payment or FedNowSM network, (iii) third party services that facilitate payments to your debit card using the Visa® or Mastercard® network, OR a balance at the beginning of each day of $1,500 or more in this account, OR an average beginning day balance of $5,000 or more in any combination of this account and linked qualifying Chase checking, savings, and other balances.
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Free ATM network
With over 4,700 branches, Chase has the largest branch network in the U.S. plus access to more than 15,000 ATMs.
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ATM fee reimbursement
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Overdraft fee
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Mobile check deposit
JPMorgan Chase Bank, N.A. Member FDIC
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