BMO Harris Bank vs Bank of America

BMO Harris Bank is a midwest bank with options for low and high-balance customers. How does it compare to Bank of America? Read our comparison chart below.

BMO Harris Bank has 900 branches in the Midwest. Smart Advantage checking account has no fee and no minimum balance if you opt for eStatements. Savings need just $100 to open with easy ways to waive fees. Special Rate CDs require a $5,000 minimum opening deposit.

While Bank of America is one of the largest banks in the U.S. with approximately 4,300 locations and 17,000 ATMs. It is known for good customer service with extended hours. It offers checking, savings, CDs, IRA, and investment accounts through Merrill Edge.

Compare BMO Harris Bank with Bank of America, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

		Bank of AmericaChaseUS BankCitibankDiscover Bank
	BMO Harris Bank	Bank of America
	SPECIAL OFFER BMO Harris Smart Advantage™ Account - $300 Cash Bonus - Learn More Read BMO Harris Bank Review	SPECIAL OFFER Bank of America Advantage Plus Banking® - $100 Bonus Offer - Learn More Read Bank of America Review
	Benefits and Features
Savings	0.01% APY. $5 reward every month you save $200 or more, for the first year.
CD	0.05% - 5.10% APY. Terms of 3 months to 5 years. $1,000 minimum opening deposit.
Checking	Smart Advantage, Smart Money, Premier
Money Market	1.00% APY. $25 minimum opening deposit. $10 monthly fee, waived with a $10,000 minimum daily balance.
Customer Service	Mon-Fri: 7am - 10pm (CT); Sat-Sun 8am - 8pm	Mon-Fri: 8am - 9pm (ET) Sat: 8am - 8pm (ET) Sun: 8am - 5pm (ET)
ATMs	40,000+ BMO Harris and Allpoint ATMs	Approximately 16,000+ ATMs
IRA CD	0.05% - 5.10% APY. Terms of 3 months to 5 years. $1,000 minimum opening deposit
IRA Money Market	IRA Premium Savers: $100 minimum opening deposit. No monthly maintenance fee
Locations	More than 500 branches	Approximately 3,800+ retail financial centers
	CreditDonkey® Reviews
Savings
CD
Checking
Money Market
Customer Service
Mobile App
Pros & Cons	Pros: Free checking with eStatements Large ATM network Good financial tools Cons: Limited branches Low savings APY	Pros: Large branch network Extended customer service hours Full service banking Cons: Monthly service fee Low interest rates Many miscellaneous banking fees
Bottom Line	Midwest bank with options for low and high-balance customers... Read full review	National bank with widespread accessibility and wide range of services... Read full review
	BMO Harris Smart Advantage™ Account - $300 Cash Bonus BMO Harris Smart Money™ Account - $300 Cash Bonus BMO Harris Premier™ Account - $500 Cash Bonus	Bank of America Advantage Plus Banking® - $100 Bonus Offer Bank of America Advantage Relationship Banking® - $100 Bonus Offer Bank of America Advantage SafeBalance Banking® - $100 Bonus Offer
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. BMO Harris Bank: Pricing information from published website as of 4/18/2023 based on 91107 zip code. Bank of America: Pricing information from published website as of 5/15/2023 based on 91107 zip code.

Member FDIC

BMO Harris Smart Advantage™ Account - $300 Cash Bonus

Open a new BMO Harris Smart Advantage™ Account online and get a $300 cash bonus when you have a total of at least $4,000 in qualifying direct deposits within the first 90 days of account opening. Offer is limited to one per customer and is not available for existing BMO Harris personal checking customers (including signers on joint accounts) or those who have closed a BMO Harris personal checking account within the past 12 months. Conditions apply.

Get Deal

Expires 9/15/2023

Member FDIC

BMO Harris Smart Money™ Account - $300 Cash Bonus

Open a new BMO Harris Smart Money™ Account online and get a $300 cash bonus when you have a total of at least $4,000 in qualifying direct deposits within the first 90 days of account opening. Offer is limited to one per customer and is not available for existing BMO Harris personal checking customers (including signers on joint accounts) or those who have closed a BMO Harris personal checking account within the past 12 months. Conditions apply.

Get Deal

Expires 9/15/2023

Member FDIC

BMO Harris Premier™ Account - $500 Cash Bonus

Open a new BMO Harris Premier™ Account and get a $500 cash bonus when you have a total of at least $7,500 in qualifying direct deposits within the first 90 days of account opening. Offer is limited to one per customer and is not available for existing BMO Harris personal checking customers (including signers on joint accounts) or those who have closed a BMO Harris personal checking account within the past 12 months. Conditions apply.

Get Deal

Expires 9/15/2023

Which is Better: BMO Harris Bank or Bank of America?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing BMO Harris Bank or Chase.

In short: BMO Harris Bank's cd and checking are notable.

Articles on BMO Harris Bank

BMO Harris Bank Review

BMO Harris offers low fees and a large ATM network. But savings rates are low. However, the strong features can still make it a good bank for you. Read on.

• BMO Harris Bank vs Chase
• BMO Harris Bank vs US Bank
• BMO Harris Bank vs Wells Fargo

Is BMO Harris a Real Bank

BMO Harris, is a U.S bank, part of the Bank of Montreal. It offers solid basic checking options and a large ATM network. But, is it legit? Read on to find out.

BMO Harris Routing Number

If you have a BMO Harris Bank account, you only need to be aware of one routing number. This number is 071025661. Read on and learn how to use it.

Articles on Bank of America

Bank of America Review

Bank of America is a national bank with many account options and user-friendly online banking. But does this convenience come at a cost? Read on.

• Bank of America vs Citibank
• Bank of America vs Discover Bank

How to Close a Bank of America Account

Want to close your Bank of America account? Learn how and what you need to do before you close your account.

Bank of America Hours

Bank of America is open 5-6 days a week, depending on the location. Take a look at their business hours below.

Bank of America Routing Number

Find your Bank of America routing number and learn about money transfers in our guide.

Which Do You Think is Best?

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