Open a BMO Relationship Checking account and earn a $600 cash bonus!Footnote 1
BMO Relationship Checking account
Earn a $600 cash bonusFootnote 1 when you have a total of at least $10,000 in qualifying within the first 90 days. Plus, enjoy great features such as:
- Relationship PackagesFootnote 2 that offer more perks the more you bank with BMO
- Unlimited Non-BMO ATM transactionsFootnote 3
- Rebates of ATM surcharge fees charged by other banks (up to $25 per monthly statement period)
- Interest earned on your checking balance
- Monthly maintenance fee of $25 or $0, waived with a $10,000 minimum daily Ledger Balance for the previous calendar month or $25,000 Monthly Combined Balance for the previous calendar month.
Need more information about this account? Learn more about the B M O Relationship Checking accountBMO RELATIONSHIP CHECKING PRODUCT DISCLOSURE (PDF, 346 KB)
How to cash in on our offerFootnote 1
Step 1: Open the account
Open a new BMO Relationship Checking account using the promo code on the mailer you received from us.
Step 2: Deposit funds
Make qualifying direct deposits within 90 days of opening the account.
Step 3: Earn your bonus
That’s it! We’ll deposit your bonusFootnote 1 into your account.
We make banking easy
40,000+ Fee-free ATMs
Convenient access to the Allpoint® nationwide network of ATMs—free of charge. That’s more than what’s offered by the two leading banks combined.
Bank on the goFootnote 4
Freedom to bank your way—deposit checksFootnote 5, pay bills, move funds— when you want on your device.
Security however you bankFootnote 6
Whether you bank via mobileFootnote 4, online or telephone, all your banking methods are convenient and secure.
Do you own a small business?
Explore our business checking accounts to find one that meets your needs.
Ready to apply?
Your promo code is on the mailer you received from us. Just bring that code with you when you apply in a branch or over the phone.
Give us a call
Prefer to apply over the phone? Our team is available to help.
Visit us in person
Drop by your nearest branch and we'll help you get set up.
Open a checking account online
If you apply online from this page, your promo code will be applied automatically.
Want to check out other options instead?
Explore our other checking products to find one that's right for you.
- Definitions of Capitalized Terms
- Footnote 1 detailsTo take advantage of the new BMO Relationship Checking cash bonus offer, you must open your account between May 5, 2025 and September 8, 2025, and use the promo code found in the mailer. You may open your account at a BMO branch, online, or by calling 1-800-546-6101.
If you apply for a checking account at a branch or by phone, you must provide the promo code to a banker. To apply for a checking account online, visit bmo.com/600summer and select “OPEN IN MINUTES”. We will automatically apply the promo code for you. Accounts opened online on September 8, 2025 must have their applications submitted and approved prior to 9:00 p.m. CT. If you open your account by calling 1-800-546-6101, we must receive your opening deposit and all signed account opening documents by September 8, 2025.
To receive the Relationship Checking new account cash bonus of $600:
- Open a new BMO Relationship Checking account; and
- Have a cumulative total of $10,000 in qualifying direct deposits post to your account within 90 days of account opening.
Business Days are Monday through Friday excluding any holiday on which the Bank and/or the Federal Reserve are closed for processing. Transactions received or occurring on a day other than a Business Day will be posted the next Business Day.
Checking cash bonus offer is limited to one per customer and account (including trustees and signers on joint accounts). Offer is not available for existing BMO personal checking customers (including trustees and signers on joint accounts) or those who have closed a BMO personal checking account within the past 12 months. Cash bonus may be reported to the IRS for tax purposes, and you are responsible for any applicable taxes. Offer can be changed or canceled without notice at any time and cannot be combined with any other offer. If your balance is zero, we may close your account. Your account must be open, in good standing and must have a balance greater than zero when the cash bonus is paid.
Qualifying direct deposits are deposits of regular income – such as your salary, paycheck, pension payment, Social Security payment, or other government benefits payment electronically deposited into the account from an employer or similar third party – using your account number and BMO’s routing number that you provide to them. We reserve the right to request documentation that the direct deposits qualify. Non-qualifying examples include: teller deposits, wire transfers, ATM transfers or deposits, BMO Digital Banking transfers or deposits, deposits processed as a debit card credit, transfers from any bank or brokerage account, and Account to Account or Peer to Peer (e.g. Zelle®, Venmo) transfers.
You are only eligible for one checking account cash bonus; you cannot open multiple checking accounts and receive multiple cash bonuses. The promo code is applied to the first checking account that is opened between May 5, 2025 and September 8, 2025. Day 1 is the day you open your account and begins the tracking period. If you open your account on a day other than a Business Day, Day 1 is the next Business Day. Your account must be Relationship Checking when the cash bonus is paid into the checking account approximately 100 days after account opening.
Minimum opening deposit of $25 is required for BMO personal checking accounts. BMO Relationship Checking is a variable rate account. Interest rates and Annual Percentage Yields (APYs) may change daily after the account is open. Interest rates and APYs offered within two or more consecutive tiers may be the same. In this case, multiple tiers will be shown as a single tier. The following collected balance tiers and corresponding APYs are effective as of May 5, 2025, and are subject to change at our discretion at any time: 0.01% for all balances. Interest is calculated on the entire collected balance daily at the rate in effect for that balance tier. You must maintain the required minimum collected balance for each tier to earn the APYs disclosed. A periodic rate is applied on the collected balance in the account daily. Interest is compounded daily on the collected balance and credited to the account monthly on the statement period date. Checks you deposit into your account begin to earn interest on the Business Day we receive credit for them. Fees and withdrawals may reduce earnings. For account and fee information or current interest rates, visit bmo.com.
- Footnote 2 detailsTo access the benefits in a particular Relationship Package, you must have a BMO Relationship Checking account. Go to the Deposit Account Disclosure for details about Relationship Packages.
- Footnote 3 detailsA Non-BMO ATM Transaction is any transaction conducted at a Non-BMO ATM, including, for example, a withdrawal, transfer, or balance inquiry. No BMO fee; however, the ATM owner or operator may charge you a surcharge fee for a withdrawal, transfer, or balance inquiry.Footnote 4 detailsMessage and data rates may apply. Contact your wireless carrier for details.Footnote 5 detailsMobile Deposit is available using the BMO Digital Banking app. This service may not function on older devices. Users must be a BMO Digital Banking customer with a BMO account opened for more than 5 calendar days. Deposits are not immediately available for withdrawal. For details, explore the BMO Digital Banking Agreement found at bmo.com/en-us/legal.Footnote 6 detailsVisit the BMO Security Center for details.
- Zelle® and the Zelle® related marks are wholly owned by Early Warning Services, LLC and are used herein under license. Accounts are subject to approval and are provided in the United States by BMO Bank N.A. Member FDIC Third party web sites may have privacy and security policies different from BMO. Links to other web sites do not imply the endorsement or approval of such web sites.