BMO Bank vs Customers Bank
BMO Bank is a midwest bank with options for low and high-balance customers. How does it compare to Customers Bank? Read our comparison chart below.
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BMO Bank | Customers Bank | |
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BMO Smart Advantage Checking - $350 Cash Bonus - | High-Yield Savings Account - 4.76% APY - | |
Benefits and Features | ||
Savings | 0.01% APY. $5 reward every month you save $200 or more, for the first year. | |
CD | 0.05% - 4.90% APY. Terms of 3 months to 5 years. $1,000 minimum opening deposit. | 3.60% to 4.35% APY. Terms of 24 to 60 months. $500 minimum to open |
Checking | Smart Advantage, Smart Money, Relationship | Up to 2.00% APY. $50 to open, no balance required, no monthly fees. |
Money Market | 1.00% APY. $25 minimum opening deposit. $10 monthly fee, waived with a $5,000 minimum daily balance. | |
ATMs | ||
Customer Service | Mon-Fri: 7am - 10pm (CT); Sat-Sun 8am - 8pm | |
IRA CD | 0.05% - 2.00% 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 | ||
CreditDonkey® Reviews | ||
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Savings | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
CD | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Checking | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Money Market | ![]() ![]() ![]() ![]() ![]() | |
Mobile App | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Customer Service | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Pros & Cons | Pros:
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Bottom Line | Midwest bank with options for low and high-balance customers... | Solid bank that offers an interest-earning checking account and savings options with good APY... |
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Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. BMO Bank: Pricing information from published website as of 07/11/2024 based on 60603 zip code. Customers Bank: Pricing information from published website as of 07/03/2024. |
BMO Smart Advantage Checking - $350 Cash Bonus
Get a $350 cash bonus when you open a new Smart Money Checking or Smart Advantage Checking account and have a cumulative total of $4,000 in qualifying direct deposits within 90 days of opening. Offer is limited to one per customer and is not available for existing BMO personal checking customers (including signers on joint accounts) or those who have closed a BMO personal checking account within the past 12 months. Conditions apply.
BMO Smart Money Checking - $350 Cash Bonus
Get a $350 cash bonus when you open a new Smart Money Checking or Smart Advantage Checking account and have a cumulative total of $4,000 in qualifying direct deposits within 90 days of opening. Offer is limited to one per customer and is not available for existing BMO personal checking customers (including signers on joint accounts) or those who have closed a BMO personal checking account within the past 12 months. Conditions apply.
BMO Relationship Checking - $500 Cash Bonus
Get a $500 cash bonus when you open a new Relationship Checking account and have a cumulative total of $7,500 in qualifying direct deposits within 90 days of opening. Offer is limited to one per customer and is not available for existing BMO personal checking customers (including signers on joint accounts) or those who have closed a BMO personal checking account within the past 12 months. Conditions apply.
High-Yield Savings Account - 4.76% APY
- $1 minimum deposit
- No fees
- 24/7 online access to funds
- FDIC insured
Which is Better: BMO Bank or Customers Bank?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing BMO Bank or Chase.
In short: BMO Bank's mobile app and customer service are notable. Customers Bank's savings is noteworthy.