BMO checking: up to $600 at $100 a month, in 14 states

BMO pays $100 for each month with at least $1,000 in direct deposits, for up to six months. Accounts must be opened by December 15, 2026, and only residents of 14 states qualify.

In this brief: 4 sections 2 min read

- Each month with $1,000+ in qualifying direct deposits earns $100
- Tracking starts the first day of the month after opening
- A missed month doesn't disqualify later months
- Each $100 posts about 10 days into the following month
- Must live in AZ, CA, CO, FL, IA, IL, IN, MN, NM, NV, OR, UT, WA or WI
- Excludes current BMO personal checking clients and anyone who closed one in the past 12 months
- Smart Money, Smart Advantage or Relationship Checking
- Teller, ATM and wire deposits, transfers from other banks or brokerages, Zelle or Venmo, and merchant deposits such as Square don't count toward the $1,000.
- Online applications on December 15 must be submitted and approved before 9:00 p.m. Central Time. The promo code applies automatically when applying online.

Read full analysis on bmo.com

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