All bonuses
BMO Smart Advantage Checking
Personal Checking
CheckingEligible: IL, WI, IN, MN, MO, KS, AZ, FL, CAExpired
No monthly fee and a large payout, but it needs $7,500 in qualifying direct deposits within 90 days.
Your personalized eligibility
Check eligibility
Set up your profile to check eligibility
Add your state, bank relationships, and bonus history to see which rules could disqualify you.
Requirements at a glance
- Direct deposit minimum
- $7,500
- Balance requirement
- None
- Minimum holding period
- 90 days
- Estimated effort
- Moderate effort
- Monthly fee
- No monthly fee
- Offer expires
- 11/5/2026
Fee waiver: No monthly maintenance fee on Smart Advantage Checking.
Step-by-step qualification
- 1Open Smart Advantage Checking online in an eligible state.
- 2Receive $7,500+ in cumulative qualifying direct deposits within 90 days.
- 3Keep the account open through bonus payout.
Payout timeline
Day 0
Account opened.
Day 1-90
Accumulate $7,500 in direct deposits.
Day 120
Bonus credited to the account.
Fine print traps to avoid
- Person-to-person transfers do not count as direct deposits.
- Existing BMO checking customers are excluded.
- Closing within 90 days forfeits the bonus.