BMO Harris Bank Statement Savings Account Review

BMO Harris Bank Statement Savings Account is offered by BMO Harris Bank, a bank founded in 1882 and based in Chicago, IL. BMO Harris Bank Statement Savings Account is available in 8 states across the USA.

Are savings accounts from BMO Harris Bank federally insured?

Yes, your BMO Harris Bank savings 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.

Does BMO Harris Bank offer a signup bonus?

BMO Harris Bank Statement Savings Account doesn't offer a signup bonus.

What is the minimum balance for BMO Harris Bank Statement Savings Account?

What APY does BMO Harris Bank offer?

BMO Harris Bank Statement Savings Account offers an APY of 0.05% (APY stands for annual percentage yield, rates may change).

What features and perks does BMO Harris Bank Statement Savings Account offer?

This account includes the following features.

What fees does BMO Harris Bank Statement Savings Account charge?

BMO Harris Bank Statement Savings Account does not charge a monthly maintenance fee. See the fee breakdown section below to view all fees.

However, you can waive the monthly fee if you have a minimum daily balance of $100.

• Outgoing domestic bank transfers come with a $30 fee.
• Outoing international bank transfers come with a $50 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
• BMO Harris Bank Statement Savings Account charges a $50 fee for an early account closure. Contact BMO Harris Bank Statement Savings Account for more details on what is considered an early closure.
• BMO Harris Bank Statement Savings Account charges $5 every time you request a paper statement.