
BMO Relationship Checking
Make the most of your money and get more rewards as your relationship grows with us. Open a Relationship Checking account and make real financial progress.
Enjoy our Relationship Checking benefits
The more you bank, the more you get with BMO Relationship Checking–Relationship Packages footnote 1 . The Relationship Silver package provides all the great benefits of the Relationship Checking account and a Relationship Package benefit.
Silver
Rewards for anyone with a Quarterly Combined Balance less than $25,000
Standard account benefits
We’ll rebate ATM surcharge fees charged by other banks, up to $25 per monthly statement period
Unlimited transactions at Non-BMO ATMs footnote 2
Enjoy peace of mind with access to Mastercard ID Theft Protection™ on your BMO Debit Mastercard® footnote 3
Earn interest on your checking balance
Relationship Package benefits: $10 quarterly credit card spend bonus eligibility when Relationship Package benefit criteria are met footnote 4
Lending benefits for checking customers
Get a 0.125% rate discount with Auto footnote 5 from a BMO Relationship Checking account footnote 6 Pay
Get a home equity 0.50% interest rate discount with Auto Pay footnote 5 from a BMO checking account footnote 7
Explore additional lending benefits
Want to see all the benefits of Silver?
Build your balances to get even more benefits
Get more benefits the more you save across all your Eligible Deposit Accounts & Eligible Investment Balances. We’ll automatically place you in one of our four Relationship Packages based on your total balances. footnote 1 And when you reach a new level, we’ll adjust your rewards automatically, too.
$25,000 - $99,999.99
Quarterly Combined Balance across all your Eligible Deposit Accounts and Eligible Investment Balances
Relationship Package benefits
Enjoy all the standard account benefits, plus:
- Get a rebate of up to $30 per month on all wire transfer fees (domestic and international) footnote 4
- You may get higher interest rates for your Relationship Plus Money Market accounts footnote 4
- $25 quarterly credit card spend bonus eligibility when Relationship Package benefit criteria are met footnote 4
Lending benefits for checking customers
Get a 0.125% rate discount with Auto footnote 5 from a BMO Relationship Checking account footnote 6 Pay
Get a home equity 0.50% interest rate discount with Auto Pay footnote 5 from a BMO checking account footnote 7
Explore additional lending benefits
Want to see all the benefits of Relationship Checking?
Reward yourself – Open an account online in minutes
Earn interest on your Relationship Checking account
Check out your rate!
Minimum balance to get Annual Percentage Yield (APY)footnote 8 | Interest rate (%) | APY (%)footnote 8 |
---|---|---|
$0.01 to $4,999.99 | X.X% | X.X% |
$5,000.00 to $9,999.99 | X.X% | X.X% |
$10,000.00 or more | X.X% | X.X% |
BMO Relationship CheckingFrequently Asked Questions
We automatically place your account in the silver, gold, platinum or premier Relationship Package based on your Quarterly Combined Balance across all your Eligible Deposit Accounts and Eligible Investment Balances. The tiers start with silver and move up to premier.
You can open a Relationship Checking account with as little as $25.
The monthly maintenance fee for the Relationship Checking account is $25. But we’ll waive the fee if you meet any of the following requirements:
- The minimum daily Ledger Balance in your account is $10,000 or more for the previous calendar month.
- You have a Monthly Combined Balance of $25,000 for the previous calendar month.
- You’re a client of our employee benefits program, Best of BMO U.S., and have requested the waiver from your BMO Banker.
To get the benefits of our tiered Relationship Packages, you just need a BMO Relationship Checking account footnote 1 . We’ll automatically place you in a package based on your Quarterly Combined Balance across your Eligible Deposit Accounts and Eligible Investment Balances.
You’ll have the opportunity to move to a different tier every calendar quarter. Your Relationship Package may change on the first day of each calendar quarter (January 1, April 1, July 1, and October 1) when the Quarterly Combined Balance is recalculated for quarterly placement footnote 1 .
If you change your account type or close your account, your fee rebates and interest rate increases may be affected. Here’s what you need to know:
For Relationship Checking account fee rebates:
- Account type changes: If you change your account type and a fee was assessed while the account was a Relationship Checking account, you’ll still get a rebate.
- Closed accounts: If you close your account and a fee was assessed while the account was a Relationship Checking account, you will not get a rebate.
For Relationship Plus Money Market account rate increases:
If you close your Relationship Checking account or change the account type, the Relationship Package interest rate paid on the Relationship Plus Money Market account(s) will continue through the end of the calendar quarter.
Terms and Agreements
Here's everything you need to know about your Relationship Checking account.
All the details about your Relationship Checking account, including Relationship Package information, account fees and more.
Understand your right and responsibilities related to you account and learn some important terms to know.
We make banking easy
Manage all your banking needs, whenever and wherever you like. Bank from anywhere with our simple online and mobile footnote 9 tools or find a no-fee ATM close to you.
Over fourty thousandfee-free ATMs across the U.S.
Unlimited fee-free transactions at over 40,000 BMO and Allpoint®ATMs nationwide. footnote 10
Transfer money from anywhere, the fast way
Send, request and receive money from friends and family with Zelle® footnote 11 -- all with no user fees from us.
Account protection for added peace of mind
Bank with confidence knowing your deposits are FDIC insured and you’re protected by our Digital Banking Guarantee. footnote 12

Ready to get started?
Open an account online in less than 5 minutes or get in touch if you have any questions
Open an account online
Apply for an account online in less than 5 minutes. This application is safe and secure. footnote 13 .
Call us
Give us a call if you have any questions or you're ready to open an account.
Visit us
Come in to one of our branches to open your account in person.
Mastercard and Mastercard ID Theft Protection™ and the circles design are registered trademarks of Mastercard International Incorporated.
Zelle® and the Zelle® related marks are wholly owned by Early Warning Services, LLC and are used herein under license.
Footnote 1 detailsTo access the benefits in a particular Relationship Package, you must have a BMO Relationship Checking account. See the Deposit Account Disclosure for details.
Footnote 2 detailsNo BMO fee; however, the ATM operator or network may charge you a surcharge fee for a transaction or balance inquiry.
Footnote 3 detailsCertain terms, conditions and exclusions apply. For complete coverage terms and conditions call 1-800-MASTERCARD (1-800-627-8372) for assistance. Refer to the Mastercard Guide to Benefits for more information.
Footnote 4 detailsSee the Full Benefits Table for details.
Footnote 5 detailsAuto Pay means periodic scheduled payments automatically deducted from your BMO checking account, as applicable, to pay the loan. When you sign up for Auto Pay, you authorize the Bank to draw your account for all amounts then due, including any late fees and any other charges.
Footnote 6 detailsTo receive a 0.125% rate discount, you must authorize BMO to withdraw your loan payment each month from an eligible BMO checking account using Auto Pay. Rate discount of 0.125% with Auto Pay from your BMO Smart Money Checking account, BMO Smart Advantage Checking account, BMO Select Checking account, BMO Relationship Checking or BMO Portfolio Checking account. Housing Finance Agency, FHA, VA, and State Bond Program loans are not eligible for the interest rate discount but will receive a $500 closing cost discount if eligible.
Footnote 7 detailsRate discount available when you authorized BMO to withdraw your loan payment each month from a BMO personal checking account using Auto Pay. The discount can only be applied to a new home equity loan or home equity line of credit.
Footnote 8 detailsAll Interest Rates and Annual Percentage Yields (APY) are accurate as of the effective date shown above. For variable rate accounts interest rates and APYs may change after the account is opened. At our discretion we may change the interest rate on these accounts daily. For accounts that have more than one tier, the interest rate corresponding to the highest tier into which the collected balance falls will be paid on the entire collected balance. 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. Fees or withdrawals will reduce earnings. These rates apply to our Illinois and Northwest Indiana locations, excluding locations in South Beloit, Roscoe and St. Clair County in Illinois.
Footnote 9 detailsMessage and data rates may apply. Contact your wireless carrier for details.
Footnote 10 detailsForeign Transaction Fees will apply at BMO and Allpoint® ATMs located outside of the United States.
Footnote 11 detailsMust have a bank account in the U.S. to use Zelle. Transactions typically occur in minutes when the recipient’s email address or U.S. mobile number is already enrolled with Zelle. For details see the BMO Digital Banking Agreement found at bmo.com/en-us/legal/
Footnote 12 detailsCertain conditions and limitations apply. The Digital Banking Guarantee applies to personal accounts. Please see the BMO Digital Banking Agreement found at bmo.com/en-us/legal/ for details.
Footnote 13 detailsVisit the BMO Security Center for details.