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  BMO Harris Bank Smart Money Checking

BMO Harris Bank Smart Money Checking

in Checking Accounts from BMO Harris Bank · Member FDIC

Unaffiliated

BMO Harris Bank Smart Money Checking

Unaffiliated

in Checking Accounts from BMO Harris Bank · Member FDIC

Net Recommendation Score -50%

SUPERMONEY NET RECOMMENDATION SCORE

-50%

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

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1 user recommends
0 users are unsure
3 users don't recommend
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Highlights
Community Rating

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Monthly Fee $0 - $5
ATM Fee: Out-of-Network $3
Minimum Balance to Avoid Monthly Fee N/A
APY (Annual Percentage Yield) 0%

BMO Harris Bank Smart Money Checking Review

BMO Harris Bank Smart Money Checking is offered by BMO Harris Bank, a bank founded in 1882 and based in Chicago, IL. BMO Harris Bank Smart Money Checking is available in 8 states across the USA.

Key Takeaways
  • 0% APY. As with most checking accounts, BMO Harris Bank Smart Money Checking does not pay interest.
  • Charges a monthly fee. This account charges a monthly maintenance fee of up to $5.
  • $25 minimum deposit. This is a typical minimum initial deposit, but there are accounts that require a smaller initial deposit or have no minimum.
  • No ATM fees. BMO Harris Bank Smart Money Checking does not charge fees on ATM transactions.
  • Free bill pay. Pay your bills to practically anyone in the United States through BMO Harris Bank.
  • Hard credit pull. BMO Harris Bank may require a hard pull on your credit report to open a checking account.
BMO Harris Bank Smart Money Checking Pros & Cons
Pros Cons
  • Free debit card
  • No charge on incoming domestic or international wire transfers.
  • No signup bonus.
  • Does not earn interest
  • Only available in 8 states.
  • Higher than average wire transfer fees.
  • Monthly service charge.
  • Charges a higher than average fee on out-of-network ATM transactions.
BMO Harris Bank Smart Money Checking FAQ

Are checking accounts from BMO Harris Bank federally insured?

Yes, your BMO Harris Bank checking accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What APY does BMO Harris Bank Smart Money Checking offer?

BMO Harris Bank Smart Money Checking is not an interest-bearing account.

What are the account minimums for BMO Harris Bank Smart Money Checking?

BMO Harris Bank Smart Money Checking requires a minimum initial deposit of $25 to open an account.

BMO Harris Bank Smart Money Checking Account Minimums
Description Amount
Minimum Initial Deposit $25

What fees does BMO Harris Bank Smart Money Checking charge?

This account charges a monthly maintenance fee of up to $5.

BMO Harris Bank Smart Money Checking Fees
Description
Monthly Fee $0 - $5
Paper Statement Fee $2
ATM Fee: In-Network $0
ATM Fee: Out-of-Network $3
NSF Fee $0
Overdraft Protection Fee (per transfer) $10
Overdraft Item Fee $0
Early Account Closure $50
Returned Deposit Fee (Domestic) $12
Debit Card Replacement Fee $5
Bank Teller Fee N/A
Check Cashing Fee N/A
Online Bill Pay Fee $0
Stop Payment Fee $35
Check Image Service N/A
Check Copy N/A
Foreign Transaction Fee (Debit Card) 2.8%
Wire Transfer Fee - Domestic (Outgoing) $30
Wire Transfer Fee - International (Outgoing) $50
Wire Transfer Fee - International (Incoming) $0
Returned Deposit Fee (International) $12
Wire Transfer Fee - Domestic (Incoming) $0
ATM Reimbursement Monthly Limit N/A

What features and perks does BMO Harris Bank Smart Money Checking offer?

This account includes the following features:

  • Free Bill Pay - Bill Pay allows you to pay bills easily from your account.
  • Mobile Banking Services - BMO Harris Bank Smart Money Checking allows you to manage your money online. This includes depositing checks in your account with your smartphone.
  • Nationwide ATM network - Conveniently transact at a nearby ATM.
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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Availability

  Available in 8 states
  • Arizona
  • Florida
  • Illinois
  • Indiana
  • Kansas
  • Minnesota
  • Missouri
  • Wisconsin

Feature Breakdown

Minimum Initial Deposit $25
ATM Fee: In-Network $0
NSF Fee $0
Online Bill Pay Fee $0
Overdraft Item Fee $0
Wire Transfer Fee - Domestic (Incoming) $0
Wire Transfer Fee - International (Incoming) $0
Debit Card Replacement Fee $5
Early Account Closure $50
Foreign Transaction Fee (Debit Card) 2.8%
Monthly Fee $0 - $5
Overdraft Protection Fee (per transfer) $10
Paper Statement Fee $2
Returned Deposit Fee (Domestic) $12
Returned Deposit Fee (International) $12
Stop Payment Fee $35
Wire Transfer Fee - Domestic (Outgoing) $30
Wire Transfer Fee - International (Outgoing) $50
ATM Fee: Out-of-Network $3
Bank Account Features
  • No ATM Fees
  • IRAs
  • FDIC Member
  • Bauer Financial A+/A Rating
  • Debit Card
  • Free Bill Pay
  • Mobile Banking
  • Nationwide ATM Network
  • Mobile Check Deposit

BMO Harris Bank Smart Money Checking Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

-50%

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

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