If you’re looking for a new free checking account, you’ll want to consider the BMO Smart Advantage checking account. Not only does this account have no monthly fees, but it offers an attractive $350 welcome bonus.

Keep reading to learn how you can sign up for this BMO checking account bonus and the different features the account will provide.

1. Sign up for a new BMO Smart Advantage or Smart Money checking account before May 2, 2025. The minimum opening deposit is $25.
2. Set up a total of at least $4,000 in qualifying direct deposits within 90 days of account opening.

Once the requirements have been met, your BMO checking account bonus will be paid into your new account within 100 days after account opening.

Features of a BMO Smart Advantage Checking Account

When signing up for a BMO Smart Advantage checking account, you’ll be able to enjoy the following features:

• No monthly maintenance fees when you choose paperless statements.
• No minimum balance requirements.
• 40,000 fee-free ATMs nationwide
• BMO Digital banking allows you to pay bills, transfer money through Zelle, digital check deposit, and more.
• BMO Total Look allows you to manage all your accounts in one place. This even includes non-BMO accounts.

Features of a BMO Smart Money Checking Account

If you choose a BMO Smart Money checking account, you’ll receive the following features:

• No monthly maintenance fee for anyone under age 25.
• No overdraft fees.
• 40,000 fee-free ATMs nationwide.
• Send and receive money from friends and family through Zelle.
• Bank on the go with mobile check deposit.
• Manage all your BMO and non-BMO accounts in one place with BMO Total Look.

BMO Checking Account Fees

There is no monthly maintenance fee when you have a BMO Smart Advantage checking account and choose paperless statements. If you have a BMO Smart Money checking account there will be a $5 monthly maintenance fee unless you’re age 25 and under.

How to Open a BMO Checking Account

If you’re planning to take advantage of this $350 BMO checking account bonus, here’s what you’ll need to open your account.

• Home address
• Phone number
• Email address
• Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN)

How Does This BMO Checking Account Bonus Stack Up?

Want to compare this BMO bonus to what else is available? Here are some other promotions to consider. Make sure you also check out the rest of the BMO Bank promotions.