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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.

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  • Unlimited transactions

    Enjoy unlimited transactions at 40,000+ ATMs nationwide and at non-BMO ATMs footnote 1

  • Security however you bank

    Whether you bank via mobileFootnote 2, online or telephone, all your banking methods are convenient and secureFootnote 3

  • $25 or $0

    Waivable $25 monthly maintenance fee 

Enjoy our Relationship Checking benefits

The more you bank, the more you get with BMO Relationship Checking–Relationship Packages footnote 4. 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 ATMs1

    • Enjoy peace of mind with access to Mastercard ID Theft Protection™ on your BMO Debit Mastercard®5

    • Earn interest on your checking balance

    • Relationship Package benefits: $10 quarterly credit card spend bonus eligibility when Relationship Package benefit criteria are met footnote 6

  • Lending benefits for checking customers

    • Get a 0.125% rate discount with Auto Pay footnote 7 from a BMO

    • Get a home equity 0.25% interest rate discount with Auto Pay footnote 8 from a BMO checking account

    • Explore additional lending benefits

    Want to see all the benefits of Silver?

    • VIEW THE FULL BENEFITS TABLE (PDF)

    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 4 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 6

      • You may get higher interest rates on your existing Relationship Plus Money Market accounts footnote 9

      • $25 quarterly credit card spend bonus eligibility when Relationship Package benefit criteria are met footnote 6

    • Lending benefits for checking customers

      • Get a 0.125% rate discount with Auto Pay footnote 7 from a BMO

      • Get a home equity 0.25% interest rate discount with Auto Pay footnote 8 from a BMO checking account

      • Explore additional lending benefits

      $100,000 - $249,999.99

      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 $60 per month on all wire transfer fees (domestic and international) footnote 6

        • You may get higher interest rates on your existing Relationship Plus Money Market accounts footnote 9

        • $50 quarterly credit card spend bonus eligibility when Relationship Package benefit criteria are met footnote 6

      • Lending benefits for checking customers

        • Get a 0.125% rate discount with Auto Pay footnote 7 from a BMO

        • Get a home equity 0.25% interest rate discount with Auto Pay footnote 8 from a BMO checking account

        • Explore additional lending benefits

        $250,000 +

        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 $90 per month on all wire transfer fees (domestic and international) footnote 6

          • Get one Overdraft Fee rebate per month

          • You may get higher interest rates on your existing Relationship Plus Money Market accounts footnote 9

          • $75 quarterly credit card spend bonus eligibility when Relationship Package benefit criteria are met footnote 6

        • Lending benefits for checking customers

          • Get a 0.125% rate discount with Auto Pay footnote 7 from a BMO

          • Get a home equity 0.25% interest rate discount with Auto Pay footnote 8 from a BMO checking account

          • Explore additional lending benefits

          Want to see all the benefits of Relationship Checking?

          Open Account

          Reward yourself – Open an account online in minutes

          Earn interest on your Relationship Checking account

          Check out your rate!

          Your ZIP code:6 0 6 0 3
          A table showing the interest rate and A P Y as a percentage, based on the account balance.
          Minimum balance to get Annual Percentage Yield (APY)footnote 10Interest rate (%)APY (%)footnote 10
          $0.01 to $4,999.99X.X%X.X%
          $5,000.00 to $9,999.99X.X%X.X%
          $10,000.00 or moreX.X%X.X%
          Your rates are effective as of

          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 4. 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 4.

          • 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.

          Terms and Agreements

          Here's everything you need to know about your Relationship Checking account.

          PRODUCT DISCLOSURE (PDF, 346 KB)

          All the details about your Relationship Checking account, including Relationship Package information, account fees and more.

          DEPOSIT ACCOUNT AGREEMENT (PDF, 368 KB)

          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 3 tools or find a no-fee ATM close to you.

          • Over fourty thousandfee-free ATMs across the U.S.

            With nearly as many fee-free ATMs across the US as the two largest banks combined, access to your funds is just as convenient as your local ATM footnote 11

          • Transfer money from anywhere, the fast way

            Send, request and receive money from friends and family with Zelle® footnote 12–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 13 

          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 2

          • Call us

            Give us a call if you have any questions or you're ready to open an account.

            1-888-340-2265

          • Visit us

            Come in to one of our branches to open your account in person.

            Find a branch

          • Definitions of Capitalized Terms

          • 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.

          • 1 No BMO ATM Transaction Fee; however, the ATM owner or operator may charge you a surcharge fee for a withdrawal, transfer, or balance inquiry

          • 2 Message and data rates may apply. Contact your wireless carrier for details.

          • 3 Visit the BMO Security Center for details.

          • 4 To access the benefits in a particular Relationship Package, you must have a BMO Relationship Checking account. See the Deposit Account Disclosure for details.

          • 5 Certain 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 6 details See the Full Benefits Tablefor details.
          • Footnote 7 detailsAuto Pay means periodic scheduled payments automatically deducted from your BMO personal 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. To receive a 0.125% rate discount, you must authorize BMO at origination to withdraw your loan payment each month from your BMO consumer 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 8 detailsAuto Pay means periodic scheduled payments automatically deducted from your BMO personal 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. To receive a 0.25% rate discount, you must authorize BMO at origination to withdraw your Home Equity Line of Credit or Home Equity 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 a new Home Equity Line of Credit.9Relationship Plus Money Market is no longer for sale as of May 4, 2025. The terms below will still apply for customers who have a BMO Relationship Checking Account and already have an existing Relationship Plus Money Market Account. We may offer higher variable interest rates based on a Relationship Package. For current interest rates, ask your BMO Banker for a current Interest Rate Sheet or call call us at 1 8 8 8 7 7 9 2 2 6 5. Interest rates earned on the Relationship Plus Money Market are based on Relationship Package placement. If the Account Owners’ BMO Relationship Checking Accounts are placed in different Relationship Packages, the best Relationship Package will determine the interest rates earned on the Relationship Plus Money Market Account. Initially, the Relationship Plus Money Market Account earns standard interest rates. The Relationship Plus Money Market Account earns Relationship Package interest rates beginning on the first Business Day of the month after the Account opening (or the Account type change) occurs through the end of the calendar quarter. At each Quarterly Placement, the Relationship Plus Money Market Account earns Relationship Package interest rates beginning on the first Business Day of the calendar quarter through the end of the calendar quarter.

          • Footnote 10 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 11 detailsForeign Transaction Fees will apply at BMO and Allpoint® ATMs located outside of the United States.

          • Footnote 12 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 13 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.