BMO Bank vs Regions Bank

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

BMO Bank has over 600 branches and is the 8th largest bank in North America by assets. Smart Advantage checking 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 Regions Bank has 1,500 branches in 15 states in the South and Midwest. Checking and savings accounts require just $50 to open, with relatively lower requirements to waive fees. The unique Now Banking solution offers prepaid Visa, savings, and check cashing services with no account required.

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

	Member FDIC	Regions BankChaseBank of AmericaUS Bank
	Visit Site	Learn More
	BMO Bank	Regions Bank
	SPECIAL OFFER BMO Smart Advantage Checking - $250 Cash Bonus - Learn More Read BMO Bank Review	SPECIAL OFFER LifeGreen Savings Account – Up to $100 Annual Savings Bonus - Learn More Read Regions Bank Review
	Benefits and Features
Savings	0.01% APY. $5 reward every month you save $200 or more, for the first year.	0.01% APY
CD	0.05% - 4.90% APY. Terms of 3 months to 5 years. $1,000 minimum opening deposit.	0.01% APY (Up to 5.00% APY for Promotional Relationship)
Checking	Smart Advantage, Smart Money, Relationship
Money Market	1.00% APY. $25 minimum opening deposit. $10 monthly fee, waived with a $5,000 minimum daily balance.
ATMs	40,000+ BMO and Allpoint ATMs	More than 1900 ATMs in 15 Southern and Midwestern US states.
Customer Service	Mon-Fri: 7am - 10pm (CT); Sat-Sun 8am - 8pm	24/7 Telephone Customer Service
IRA CD	0.05% - 0.25% 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	981 branches	More than 1500 branches in 16 Southern and Midwestern US states.
	CreditDonkey® Reviews
Savings
CD
Checking
Money Market
Mobile App
Customer Service
Pros & Cons	Pros: Free checking with eStatements Large ATM network Good financial tools Cons: Limited branches Low savings APY	Pros: $50 to open checking account Relationship Rewards program LifeGreen Savings annual bonus Cons: No free checking option Limited branches Low savings APY
Bottom Line	Midwest bank with options for low and high-balance customers... Read full review	South and Midwest bank with special reward programs... Read full review
	Visit Site	Learn More
	BMO Smart Advantage Checking - $250 Cash Bonus BMO Smart Money Checking - $250 Cash Bonus BMO Relationship Checking - $400 Cash Bonus	LifeGreen Savings Account – Up to $100 Annual Savings Bonus LifeGreen Business Simple Checking® LifeGreen Business Checking®
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 04/09/2024 based on 60603 zip code. Regions Bank: Pricing information from published website as of 04/11/2024 based on 35203 zip code.

Member FDIC

BMO Smart Advantage Checking - $250 Cash Bonus

Open a new BMO Smart Advantage Checking account and get a $250 cash bonus when you have a cumulative total of $4,000 in qualifying direct deposits within 90 days of account 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.

Get Deal

Expires 5/3/2024

Member FDIC

BMO Smart Money Checking - $250 Cash Bonus

Open a new BMO Smart Money Checking account and get a $250 cash bonus when you have a cumulative total of $4,000 in qualifying direct deposits within 90 days of account 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.

Get Deal

Expires 5/3/2024

Member FDIC

BMO Relationship Checking - $400 Cash Bonus

Open a new BMO Relationship Checking account and get a $400 cash bonus when you have a cumulative total of $7,500 in qualifying direct deposits within 90 days of account 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.

Get Deal

Expires 5/3/2024

Which is Better: BMO Bank or Regions 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 is notable. Regions Bank's savings is notable.

Articles on BMO Bank

BMO Bank Review

BMO 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.

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BMO Routing Number

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

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Is BMO an Ethical Bank

BMO has been recognized as one of the World's Most Ethical Companies for six consecutive years. How did they earn this award? Find out.

BMO Relationship Minimum Balance

Get more perks when you open a BMO Relationship Checking Account. Find out the balance you need to reach to unlock them.

Is BMO a Good Bank

Is BMO a good choice for your banking needs? Find out here.

Is BMO a Safe Bank

Wondering about the security of your funds with BMO Bank? They have a Financial Crimes Unit backing you up, for one. Read on for more details.

What is BMO Bank

BMO Harris is now BMO. But are they a legit bank? Find out if you should bank with them.

BMO Smart Advantage vs Smart Money

BMO's Smart Advantage has $0 monthly fees. Smart Money has no overdraft fees. Which one is a smarter choice? Read on to find out.

Is BMO a Real Bank

BMO, 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.

Articles on Regions Bank

Regions Bank Review

Regions Bank offers a variety of deposit products, easy account opening requirements, and special reward programs. Read on to see if this bank is right for you.

Which Do You Think is Best?