BMO Harris Bank is offering targeted customers up to $500 in checking account and money market account bonuses, valid through December 31, 2016.
BMO Harris has more than 600 branches throughout Illinois, Indiana, Arizona, Missouri, Minnesota, Kansas, Nevada, Florida, Washington, and Wisconsin, and you must live in one of these states if you want to open an account with BMO Harris Bank.
These specific bonuses for up to $500 with new checking and money market accounts have been mailed out to targeted people for a while now, as I’ve personally received a mailer about every other week for the last few months.
In order to qualify, you must bring your original mailer to a BMO Harris branch at account opening, but if you don’t receive a bonus flyer by mail, you could always try showing up in person and providing the Promo Code MY500BONUS or copying a picture of the flyer on your phone (email me at MaximizingMoney@gmail.com to request one), as BMO Harris may possibly accept you into the offer if they are looking to get new customers.
There is also this BMO Harris $200 Checking Bonus that I found being advertised in Google search results, which expired on October 31, 2016, but I’m hoping that they may also renew this promotion in the future.
BMO Harris Bank $300 Personal Checking Account Bonus
Open an eligible new BMO Harris personal checking account by December 31, 2016, to get a $300 bonus (BMO Harris Everyday Checking, BMO Harris Select Checking, or BMO Harris Portfolio Checking).
How To Get Your $300 BMO Harris Checking Bonus:
1. Bring the mailer to any BMO Harris branch and open your checking account (try providing Promo Code MY500BONUS in-branch if you don’t have a mailer).
2. Complete at least 2 qualifying direct deposits within 90 days of any combination of a paycheck, pension payment, Social Security payment, or other government benefits payment of $300 or more, each electronically deposited into the account from an employer or outside agency.
BMO Harris Bank $200 Select Money Market Account Bonus
Open a BMO Harris Select Money Market account by December 31, 2016, to earn a $200 bonus.
How To Get Your $200 BMO Harris Money Market Bonus:
1. Bring the mailer to any BMO Harris branch and open a BMO Harris Select Money Market account with at least $10,000.
2. Maintain your $10,000 balance for 90 days.
BMO Harris Bank Promotional Details
This offer is limited to 1 bonus per account, and it cannot be combined with any other offer.
This offer not available to existing BMO Harris personal checking account customers (including all signers on joint accounts) or those who have closed a BMO Harris personal checking account within the past 12 months of opening a new account as part of this promotion.
They do indicate that this offer is only available to accounts sharing the same address that is listed on the original mailer at the time of account opening, but if you show up ready to open accounts with the promotional code, you never know and they may just let you qualify.
Direct Deposit Details
In order to receive the incentive, you must establish a qualified direct deposit.
A qualified direct deposit is a recurring direct deposit of a paycheck, pension payment, Social Security payment, or other government benefits payment electronically deposited into your new personal checking account on a recurring basis, at least monthly, from an employer or an outside agency.
In order to qualify for the cash bonus, each direct deposit must be in an amount of $300 or more, and the first direct deposit must occur within 90 days of account opening.
Bonus Payout Details
The cash incentive will be deposited into your new personal BMO Harris checking account approximately 120 days after account opening.
Your account must be open and in good standing on the payment date to receive the cash bonus.
BMO Harris Bank Checking Fee Waiver Details
It’s important to note that these checking accounts do have monthly maintenance fees, but you can avoid these fees by meeting certain requirements, so read the fine print closely before opening an account.
BMO Harris Everyday Checking – $10 monthly maintenance fee is waived: with incoming external deposits totaling $500 or more during the statement period; on accounts with a $1,000 minimum daily ledger balance; if you are a college student and request a student fee waiver; or other methods available.
BMO Harris Select Checking – $15 monthly maintenance fee is waived: if you are a BMO Harris home equity customer; on accounts with a $5,000 minimum daily ledger balance; or other methods available.
BMO Harris Portfolio Checking – $25 monthly maintenance fee is waived: if you are a BMO Harris mortgage customer; if you are a BMO Harris home equity customer; on accounts with a $25,000 minimum daily ledger balance; or other methods available.
Open a BMO Harris Bank personal checking account and/or money market to qualify for up to $500 in cash rewards.