BMO Offer

Bonus Details

Earn $400 with $4,000, $750 with $25,000, $1,000 with $50,000, or $1,500 with $100,000. Day 30 balance sets tier; maintain that balance daily Days 31-90. Drops pay lowest tier reached.

How To Qualify

Open a new Digital, Simple, Premium or Elite Business Checking. Reach tier balance by Day 30 and maintain it daily Days 31-90. $100 minimum to open. Day 1 is opening day, or next Business Day if opened non-business day.

The Fine Print

Monthly Fees: $10
Account Type: Business Bank Account
Promotion Start Date: 9/1/2026
Expiration Date: 2/1/2027
Availability: Nationwide

Monthly Fee Details

$10-25 monthly fee depending on the business account type. Waived with a $100 Average Collected Balance for the Simple Business Checking Account, $1500 for Premium, or $10,000 for Elite.

Official offer terms

Source wording for the promotion. View official source Recorded Invalid Date.

To receive the Business Checking new account cash bonus of $1,500 (Tier 4): Open a new BMO Digital Business Checking, BMO Simple Business Checking, BMO Premium Business Checking, or BMO Elite Business Checking account online or at a BMO financial center between September 1, 2026 and February 1, 2027; and On Day 30, your account balance must be $100,000 or more; and From Day 31 to Day 90, your account balance must be $100,000 or more and it cannot drop below $100,000 during this period. To take advantage of this offer, you must open your business checking account between September 1, 2026 and February 1, 2027. You are not eligible for the business checking cash bonus if you have an existing BMO business checking account or have closed a BMO business checking account within the past 12 months, using the same Taxpayer Identification Number (TIN)/Employer Identification Number (EIN)/Social Security Number (SSN) as the new account. The cash bonus you qualify for will be deposited into the new checking account within 14 days of meeting the promotion requirements stated above, approximately Day 104. The minimum deposit to open a business checking account is $100.