Posted by William Charles on July 29, 2015
Bank Account Bonuses

Published on July 29th, 2015 | by William Charles

143

[Expired]BMO Harris $200 Checking Bonus – Available Nationwide

This bonus has now expired, you can view other checking bonuses that are still valid here.

Warning: The BMO Harris reps are pretty much useless, don’t bother calling them as they say stuff like it’s not a valid promotion and not hosted on their website (when it clearly is) people in the comments have reported getting the bonus without issue.

Update: Looks like the online application still isn’t working unfortunately.

Offer at a glance

  • Maximum bonus amount: $200
  • Availability: Nationwide
  • Direct deposit required: $300
  • Additional requirements: None
  • Hard/soft pull: Soft, make sure you opt out of overdraft protection
  • Credit card funding: Up to $1,000
  • Monthly fees: $10, waivable
  • Early account termination fee: $50 if closed within 90 days, you’ll also forfeit the bonus if you closed the account within six months.
  • Expiration date: January 26th, 2016 April 30th, 2016 July 2nd, 2016 July 31st, 2016 August 30th, 2016 October 31st, 2016

The Offer

Direct link to offer

  • Open a BMO Harris checking account (BMO Harris Select Checking and BMO Harris Portfolio Checking) and receive a bonus of $200 when you set up a qualifying recurring direct deposit of at least $300. You need to make sure you open this account using a coupon code (click “email myself a coupon and find a banker)

bmo harris

The Fine Print

  • $200 cash bonus is valid for a new BMO Harris Everyday Checking®, BMO Harris Select Checking® or BMO Harris Portfolio Checking® account opened between July 27, 2015 and July 2, 2016 and is limited to one per account.
  • Offer not available to existing BMO Harris personal checking account customers (including all signers on joint accounts) or those who have closed a BMO Harris personal checking account within the past 12 months of opening a new account as part of this promotion.
  • To receive the cash bonus, you must mention or use the promo code, open the checking account and have qualifying direct deposits into the account
  • Qualifying direct deposits” are recurring direct deposits of a paycheck, pension payment, Social Security payment, or other government benefits payment electronically deposited into your new personal checking account on a recurring basis, at least monthly, from an employer or an outside agency. Each direct deposit must be in an amount of $300 or more
  • First direct deposit must be received within 60 days of account opening
  • Bonus will be received after approximately 120 days of account opening if requirements are met
  • You must pay taxes on all bank account bonuses

Avoiding Fees

Your best option is to open the BMO Harris Everyday Checking ($10 monthly fee), the monthly fee is waived if you meet any of the following requirements:

  • You receive an external deposit of $500 or more
  • The minimum daily balance is $1,000 or more
  • You’re a college student and you request a fee waiver. This will result in the account being fee free for a period of four years
  • Your BMO Harris Select Checking® account meets its $10,000 minimum Combined Balance requirement, and you have requested we link this account to your BMO Harris Select Checking account to receive benefits under Relationship Waiver. (Monthly maintenance fee waiver is limited to one (1) BMO Harris Everyday Checking account.)
  • Your BMO Harris Portfolio Checking® account meets its $25,000 minimum Combined Balance requirement, and you have requested we link this account to your BMO Harris Portfolio Checking account to receive benefits under Relationship Waiver. (Monthly maintenance fee waiver is limited to a total of two (2) BMO Harris Everyday Checking accounts.)
  • Your Wealth Checking account meets its $25,000 minimum Average Daily Balance requirement, and you have requested we link this account to your Wealth Checking account to receive benefits under Relationship Waiver. (Monthly maintenance fee waiver is limited to a total of two (2) BMO Harris Everyday Checking accounts.)

Early Account Termination Fee

You need to keep your account open for a minimum of six months to keep the bonus, in addition to this if you closed it within 90 days you’ll be charged an additional $50.

Our Verdict

This is a great bonus and I recommended signing up when the bonus was only $150, now that it has been increased it’s an even better deal. Here is how I’d complete the deal

One thing that’s nice about BMO Harris promos is that they can be churned (like the Chase checking bonuses). We’ve added this bonus to our list of recommended checking promotions and also our complete banking bonus database.

Hat tip to reader David



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kevin
kevin

cannot open online

BMO Harris
Our New Account Application is currently unavailable
We’re so sorry, but our New Account Application is currently unavailable.

Talk to us in person by locating the branch closest to you.

Or, for 24/7 assistance, call us at 1-888-340-2265. We’re here to help.

John Deer
John Deer

I get the same message. No good.

jay
jay

Wonder why the application page has not been fixed since weeks. Can you find out William Charles?

fancyfly
fancyfly

Same here. Is there a way to submit the application online?

John
John

I called to open over the phone. They said they’d be happy to do that, and honor the $200 bonus. They said that method would not permit CC funding. They warned that method was not appealing to everyone, because it would involve mailing you documents to sign with your SSN and other personal information printed in full (ie, your Social taking 2 trips in the mail).

Ricky
Ricky

Hi,

Could you explain more on whether or not the actual method by registering via phone was unappealing because of sending documents or the CC funding

John
John

Thats up to each individual (you). Both were less than ideal to me.

Prasanna R
Prasanna R

Not only the online application not working, but also their branch locator isn’t displaying anything.

David
David

absolutely ridiculous, it’s been weeks now and they still haven’t fixed THEIR ONLINE OPTION TO MAKE THE CHECKING ACCOUNT. so frustrating. no branch close to me.

stop offering a code to use online if you’re not going to allow the account to be opened online BMO.

Adam
Adam

wonder when/if this will start working again. strange BMO would have a ton of IT issues right as they greenlight a promo – figured they’d have all their ducks in a row before launching.

anyways, dont mind waiting till the kinks get worked out.

rob
rob

Hey does this one go on taxes like 99% of these offers do?

rob
rob

Thanks. I hope that doesn’t include the recent citi one I just opened? I thought I had read it was not. appreciate the reply William.

shawn
shawn

No need to keep track, all banks will send you a 1099-int at the beginning of the year.

Tom
Tom

I ran into the same thing today; online open isn’t working, suuuuper-frustrating. I made an online appointment with a nearby branch. Maybe they’ve purposely disabled the online account-opening option because they want to see if you’re really serious about opening an account by showing your face in person? 🙂

Eric
Eric

Make sure to tell them to get their act together by fixing the website for the rest of us.

Jeff
Jeff

Were you able to fund with a credit card at the branch location?

Ad
Ad

Attempted to fund w Chase Freedom in branch for $1000. Was declined. Of note she then ran the card for less after I told her not to as cash advance for min opening balance. She reversed it without an issue though.

Guy
Guy

Yep, account opening application still broken:

We’re so sorry, but our New Account Application is currently unavailable.

Talk to us in person by locating the branch closest to you.

Or, for 24/7 assistance, call us at 1-888-340-2265. We’re here to help.

Tricia
Tricia

Can husband and wife do separate accounts and both get the bonus (if they meet the other criteria)?

Carlos
Carlos

My wife and I have been doing this since we found this website.

Brandon
Brandon

Opened account but was not able to fund with CC. Lame!

Superman
Superman

BMO did not allow credit card funding, soft pull.

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