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Evan F
Evan F (@guest_1806752)
March 2, 2024 16:22

11/3: Account Opened
1/19: $25 service charge
1/22: Customer service refunded service charge as one time fee waiver via chat.
2/16: $25 service charge
3/2: $600 bonus posted on day 120
Used real DDs from work, will either downgrade or close account in the next few days

Eric 🔗
Eric 🔗 (@guest_1806755)
March 2, 2024 16:29

Are you sure that the account was opened on 11.3.23 and not in October? If so, BMO should not have charged the 1st fee until February (3 months after opening) so you should have gotten that one waived and then been able to downgrade before the 2nd fee posted in March.

Evan F
Evan F (@guest_1806768)
March 2, 2024 17:02

Yeah I opened November 3rd, I thought it was weird too that I got charged the fee so early, but figured it didn’t matter since I was part of the group that had the 120 day requirement and was going to be charged $25 either way

Kim
Kim (@guest_1806669)
March 2, 2024 13:28

The pre-filled promo code that’s added to the application when clicking through the offer, as directed, comes up with this message: “Sorry, we’re unable to apply your promo code because it’s invalid or has expired.” Anyone else experience that? Were you able to still get the offer attached to the new account?

Gadget - Bank Bonus Geek 🔗
Gadget - Bank Bonus Geek 🔗 (@guest_1806699)
March 2, 2024 14:17

I’m seeing the same issue. Possible they’re having system issues or they ended the offer. Maybe they will fix it next week?

briguy
briguy (@guest_1806639)
March 2, 2024 12:21

Adding another DP:

10/31/23: opened Smart Advantage checking account
11/3/23: initial $25 account funding
11/9/23-2/1/24: $4400-ish in real DD’s
3/2/24: $400 PROMOTIONAL INCENTIVE bonus pending

I only kept around $20 in the account most of the time, transferred money out the day after each DD posted.

Eric 🔗
Eric 🔗 (@guest_1806680)
March 2, 2024 13:46

How many fees did you end up paying?

briguy
briguy (@guest_1806683)
March 2, 2024 13:55

No fees. If I remember correctly, it was the bigger $600 bonus offer that had a monthly maintenance fee.

Eric 🔗
Eric 🔗 (@guest_1806690)
March 2, 2024 14:01

You’re correct. I missed that you wrote that you opened the Smart Advantage account.

Sexy_kitten7
Sexy_kitten7 (@guest_1805533)
February 29, 2024 12:45

1) Accidentally opened savings instead of checking. Was reading terms that said click on “open in minutes” so I scrolled up and clicked that button!
2) When I finally opened the checking, the promo code prefilled but did not accept it so I deleted. I emailed them to confirm bonus offer. Did this happen to anyone else?

Frazz
Frazz (@guest_1805502)
February 29, 2024 12:02

DP from Pennsylvania:

2023/10/27: “Premier Checking” account opened online.
2023/11/01: Opening deposit from Ally posts ($25).
2023/11/30: Real DD posts ($1022).
2023/12/22: Real DD posts ($2715).
2023/12/29: Transferred out all but $1100.

In the new year, I cashed out my I-Bonds and had them deposit to my BMO account. I was able to split these deposits up into two separate transactions via my Treasury Direct account.

2024/01/04: First I-Bond amount posts ($5604).
2024/01/04: Second I-Bond amount posts ($5604).
2024/01/12: Service charge (-$25).
2024/01/25-2024/02/08: Withdrew all but $1200.
2024/02/15: Service charge (-$25).
2024/02/22: Transfer from Citi to BMO posts ($2800).
2024/02/26: “PROMOTIONAL INCENTIVE” posts ($600).

My real DDs coded as “PPD EMPLOYER NAME HERE DIRECT DEP”.
My I-Bond/Treasury Direct deposits coded as “PPD APA TREAS ### MISC PAY”.

I think the main takeaway is that Treasury Direct works as a DD for BMO Harris.

Since it’s past 90 days, I guess I’ll zero out and close the account within the next few weeks. But I will double-check to make sure there isn’t any bonus clawback first.

Thanks as always, Doc.

B^2
B^2 (@guest_1806757)
March 2, 2024 16:31

Frazz – FYI, may be worth it to message them to ask to waive one of the $25 service charges. worked for me (and others), but only one time.
I also used TD pushes and can confirm that it worked for DD.

vc
vc (@guest_1805348)
February 29, 2024 08:23

“Use your card to get a $5 Reward!” Just got this email. Only $5 for using the card 10 times, but it seems like an easy bonus and can offset any fees that you incurred when you were going for the bonus.

Might be worth keeping the acct a few months after the bonus to see what else they do to try to keep you around. Now I have to order a dc.

Eric 🔗
Eric 🔗 (@guest_1805373)
February 29, 2024 09:08
  vc

I received this offer also and I have not received the bonus yet. Western Vista has occasional offers like this.

It’s probably not worth keeping this BMO account around though as you really want to start the clock for your next churn.

Shawn
Shawn (@guest_1804101)
February 27, 2024 20:50

Let me contribute a helpful fake dd and timeline dp.

10/29/2023 open account
Fake dd: Western union $8000
Fake dd: Interactive brokerage $12500
Fake dd: cardcash $3000

2/26/2024 $600 bonus post.

Not sure Which fake dd works. I guess the Western union works. Let me know if you guys have any questions

aznboi
aznboi (@guest_1804253)
February 28, 2024 01:11

10/26 open account
11/3 dd from fidelity 8k
2/27/24 still no bonus.

guess i missed this one. 🙁

vc
vc (@guest_1805349)
February 29, 2024 08:24

How much did the Western Union dd cost you? 😲

shawn
shawn (@guest_1805848)
February 29, 2024 21:59
  vc

First $5K is free. Then, you can use your friend’s card to send you again. no fee. And you’ll get $20 AMAZON gc when use referral link

bicyclep
bicyclep (@guest_1803919)
February 27, 2024 16:22

Considering Chase biz and Wise, a few questions:

…if using Chase biz:

a- how the Chase Deposit should code on my BMO to make sure it worked for the BMO bonus?

b- is Standard ACH service (2.5usd per transaction 1-2biz days) better than the common transfer Chase Biz which happens to be free and 1-2biz days too?

…if using Wise:

1- do you have to set up a special type of Wise? like a Wise payroll or just having a Wise account and sending money to your BMO personal will do the trick?

2- do u really need to add the word Payroll on the Wise memo?

3- is the Wise to BMO free?

4- how long it takes since you place the Wise til you see the Wise deposit drop on your BMO?

5- is it better or cheaper to do only one wise? or few wises as oppose to do several 1k wise transfers? I am 30days away from day 120 aprox, I was planing to cycle the money this way:
   i- wise to place: bank1 to BMO,
   ii- zelle to do BMO to bank1,
   iii- repeat i until I reach 7.5k in BMO sum of wise ins. I was thinking on placing 7 or 8 wise transfers each for near 1k to complete 7.5k usd.

Thanks

Lucky
Lucky (@guest_1803575)
February 26, 2024 22:16

10/25/2023 – Account opened and funded.
Real work DD of 2K each 4 times.
2/26/2024 – $600 bonus posted.
1/23/2024 – $25 maintenance fee charged. Did an online chat and they refunded it.
2/23/2024 – Again $25 fee charged. I don’t think they will give it back this time.
Overall it is a nice $575 easy money. Will Downgrade the account tomorrow.
Thanks Doc!!

Coffeeman81
Coffeeman81 (@guest_1806575)
March 2, 2024 10:44

When you requested the initial $25 monthly maintenance fee to be waived via chat on 1/23/2024, what did you say? Did you simply just ask them to waive as a one time courtesy?

Eric 🔗
Eric 🔗 (@guest_1806942)
March 3, 2024 07:03
Derek
Derek (@guest_1803470)
February 26, 2024 19:23

Does bank do another Chex inquiry or pull when you ask to convert or switch the account to a different type of checking account?