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$350 Sign up Bonus with BMO if you open a checkings account and deposit $4000 in 90 days

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BMO is offering a $350 for those that open a new account with BMO.

BMO Smart Advantage Checking is free if you go for the paperless option.

https://www.bmo.com/en-us/main/personal/checking-accounts/digital-offer/ [bmo.com]
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Created 04-14-2025 at 11:12 PM by CnC_Citizen
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Joined Sep 2011
Price Compare, Always
> bubble2 17,853 Posts
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This user is an Expert in Tech & Electronics
bluekiwi
04-15-2025 at 12:17 AM.
04-15-2025 at 12:17 AM.
To take advantage of the new personal checking account cash bonus offer, you must open your account between February 4, 2025 and May 2, 2025, and use the promo code. You may open your account at a BMO branch, online or by calling 1-800-546-6101.

To apply online for a checking account, visit bmo.com/350spring, select "OPEN IN MINUTES" for the checking account of your choice and we'll automatically apply the promo code for you.
To apply at a branch or by phone for a checking account, visit bmo.com/350spring, enter your information, and select "SEND MY PROMO CODE" to receive the promo code you must use when opening your account.
If you received a direct mailer regarding this offer, please use the promo code found in the mailer.

Accounts opened online on the final day of the promotion must have their applications submitted and approved prior to 9:00 p.m. CT. If you open your account by calling 1-800-546-6101, we must receive your opening deposit and all signed account opening documents by May 2, 2025.

To receive the personal checking new account cash bonus of $350:

Open a new BMO Smart Money Checking or BMO Smart Advantage Checking account; and
Have a cumulative total of $4,000 in qualifying direct deposits within 90 days of account opening.

Checking cash bonus offer is limited to one per customer and account (including trustees and signers on joint accounts). Offer is not available for existing BMO personal checking customers (including trustees and signers on joint accounts) or those who have closed a BMO personal checking account within the past 12 months. Cash bonus may be reported to the IRS for tax purposes, and you are responsible for any applicable taxes. Offer can be changed or canceled without notice at any time and cannot be combined with any other offer. If your balance is zero, we may close your account. Your account must be open, in good standing and must have a balance greater than zero when the cash bonus is paid.

Qualifying direct deposits are deposits of regular income – such as your salary, paycheck, pension payment, Social Security payment, or other government benefits payment electronically deposited into the account from an employer or similar third party – using your account number and BMO's routing number that you provide to them. We reserve the right to request documentation that the direct deposits qualify. Non-qualifying examples include: teller deposits, wire transfers, ATM transfers or deposits, BMO Digital Banking transfers or deposits, deposits processed as a debit card credit, transfers from any bank or brokerage account, and Account to Account or Peer to Peer (e.g. Zelle®, Venmo) transfers.

You are only eligible for one checking account cash bonus; you cannot open multiple checking accounts and receive multiple cash bonuses. The promo code is applied to the first checking account that is opened between February 4, 2025 and May 2, 2025. Day 1 is the day you open your account and begins the tracking period. If you open your account on a day other than a Business Day, Day 1 is the next Business Day. Cash bonus is paid into the checking account approximately 100 days after account opening.

Exclusions:

Savings rewards are available for new accounts only. An account switched into Savings Builder from a different product is not eligible for savings rewards.
Savings rewards are limited to one Savings Builder account per customer as the Primary Account Owner. Only your first account opened is eligible for savings rewards.
You are not eligible to receive savings rewards if you have previously opened a Statement Savings account between February 3, 2020 and October 18, 2021, and participated in the Statement Savings account – Savings Rewards offer.
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Joined Dec 2006
Hellspawn
> bubble2 7,756 Posts
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ketamine
04-15-2025 at 04:00 AM.

Our community has rated this post as helpful. If you agree, why not thank ketamine

04-15-2025 at 04:00 AM.
Right, it's not when you deposit but when you get qualifying direct deposits, big difference.
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Joined Jun 2005
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> bubble2 1,646 Posts
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mtnagel
04-15-2025 at 06:35 AM.
04-15-2025 at 06:35 AM.
I've tried to get a SUB bonus from BMO 3 times over the last couple of years and always get denied.
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Joined Nov 2004
L5: Journeyman
> bubble2 626 Posts
161 Reputation
krawfo
04-16-2025 at 02:05 AM.
04-16-2025 at 02:05 AM.
What's a SUB bonus?

Quote from mtnagel :
I've tried to get a SUB bonus from BMO 3 times over the last couple of years and always get denied.
Reply
Joined May 2023
L1: Learner
> bubble2 24 Posts
10 Reputation
PurpleTank5542
04-16-2025 at 02:07 AM.
04-16-2025 at 02:07 AM.
Quote from krawfo :
What's a SUB bonus?

SUB = Sign Up Bonus
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Joined Oct 2008
L4: Apprentice
> bubble2 495 Posts
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jfinkow
04-16-2025 at 01:43 PM.
04-16-2025 at 01:43 PM.
Got denied online. Called. It took an hour over the phone to complete. They asked so many questions! It was not worth it. Would advise against it. I would never do it again. Way too much time and work.
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Joined Nov 2010
L4: Apprentice
> bubble2 427 Posts
34 Reputation
meetjasper
04-16-2025 at 05:13 PM.
04-16-2025 at 05:13 PM.
Quote from mtnagel :
I've tried to get a SUB bonus from BMO 3 times over the last couple of years and always get denied.
What is the reason for denial?
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Joined Oct 2008
L4: Apprentice
> bubble2 495 Posts
36 Reputation
jfinkow
04-16-2025 at 05:21 PM.
04-16-2025 at 05:21 PM.
Quote from meetjasper :
What is the reason for denial?

I was denied becuse they said that they could not verify my ID. Even after I input my full SSN. That's why I took a chance and called. Wow. Grueling.
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Joined Jun 2005
L6: Expert
> bubble2 1,646 Posts
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Pro
mtnagel
04-16-2025 at 07:54 PM.
04-16-2025 at 07:54 PM.
Quote from meetjasper :
What is the reason for denial?
Same as other person - "We've received your application for a new BMO Smart Advantage Checking account, but we didn't open it as we weren't able to confirm your identity online."
Reply
Joined Jul 2008
L6: Expert
> bubble2 1,445 Posts
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svinokot
04-16-2025 at 08:05 PM.
04-16-2025 at 08:05 PM.
Anybody knows the reason why certain banks can not verify id online though you give them all the needed info? I tried opening a checking account at a different bank online and could not complete the application as the id could not be verified. So strange and annoying…
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Joined Dec 2008
L9: Master
> bubble2 5,832 Posts
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bluetrep
04-16-2025 at 08:10 PM.
04-16-2025 at 08:10 PM.
means these banks have enforced security measures
otherwise, scammers can easily open an account in your name

Quote from svinokot :
Anybody knows the reason why certain banks can not verify id online though you give them all the needed info? I tried opening a checking account at a different bank online and could not complete the application as the id could not be verified. So strange and annoying…
Reply
Joined Jul 2008
L6: Expert
> bubble2 1,445 Posts
239 Reputation
svinokot
04-16-2025 at 08:14 PM.
04-16-2025 at 08:14 PM.
Quote from bluetrep :
means these banks have enforced security measures
otherwise, scammers can easily open an account in your name
So some people's id can be verified and some's not, though they provide the same information required?
Reply
Joined Nov 2010
L4: Apprentice
> bubble2 427 Posts
34 Reputation
meetjasper
04-16-2025 at 08:46 PM.
04-16-2025 at 08:46 PM.
Quote from jfinkow :
I was denied becuse they said that they could not verify my ID. Even after I input my full SSN. That's why I took a chance and called. Wow. Grueling.
Ohh. Multiple people getting same error. How come they could not verify the ID. Thanks for letting me know.
Reply
Joined Dec 2005
L6: Expert
> bubble2 1,535 Posts
175 Reputation
Kapidex
04-16-2025 at 08:53 PM.
04-16-2025 at 08:53 PM.
me and P2 have gotten bonuses from BMO recently, no issues
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