BMO vs USAA Bank

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

	Member FDIC	USAA BankChaseBank of AmericaU.S. BankWells Fargo
	Visit Site	Learn More
	BMO	USAA Bank
	SPECIAL OFFER BMO Smart Advantage Checking account - Earn $400 Cash Bonus* - Learn More Read BMO Review	SPECIAL OFFER 6-Month CD - 2.25% APY - Learn More Read USAA Bank Review
	Benefits and Features
Savings	0.01% APY. $5 reward every month you save $200 or more, for the first year.	USAA Savings and USAA Youth Savings: 0.01% APY. $25 to open. USAA Performance First Savings: Earn up to 0.65% APY. $1,000 to open.
CD	0.05% - 2.75% APY. Terms of 3 months to 5 years. $1,000 minimum opening deposit.	0.05% to 3.51% APY. Terms of 91 days to 7 years. Minimum deposit of $1,000 to open.
Checking	Smart Advantage, Smart Money, Relationship	Classic Checking, Youth Spending
Money Market	Up to 2.68% APY. $25 minimum opening deposit. $10 monthly fee, waived with a $5,000 minimum daily balance.
Mobile App		iOS & Android
ATMs	40,000+ BMO and Allpoint ATMs	100,000+ USAA and USAA-preferred ATMs
Customer Service	Mon-Fri: 7am - 11pm (CT); Sat-Sun 8am - 10pm	Monday - Friday: 9AM - 5PM (ET) Saturday: 8:30AM - 1PM (ET)
IRA CD	0.05% - 1.00% APY. Terms of 3 months to 5 years. $1,000 minimum opening deposit	0.01% APY. Terms of 182 days to 1 year. Minimum deposit of $250.
IRA Money Market	IRA Premium Savers: $100 minimum opening deposit. No monthly maintenance fee
Locations	981 branches	4 financial centers in Colorado, New York, Maryland, and Texas
	CreditDonkey® Reviews
Savings
CD
Checking
Money Market
Mobile App
Customer Service
Fees
Pros & Cons	Pros: Free checking with eStatements Large ATM network Good financial tools Cons: Limited branches Low savings APY	Pros: $0 monthly fees Free bank card Cons: Low APY Not available for all
Bottom Line	Midwest bank with options for low and high-balance customers... Read full review	Savings account with low rate and limited availability... Read full review
	Visit Site	Learn More
	BMO Smart Advantage Checking account - Earn $400 Cash Bonus* BMO Smart Money Checking account - Earn $400 Cash Bonus* Savings Account - Up to $60 Bonus	6-Month CD - 2.25% APY 9-Month CD - 2.00% APY 9-Month Jumbo CD - 2.00% APY
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. BMO: Pricing information from published website as of 09/23/2025 based on 60603 zip code. USAA Bank: Pricing information from published website as of 09/23/2025.

Member FDIC

BMO Smart Advantage Checking account - Earn $400 Cash Bonus*

$400 cash bonus* when you have a cumulative total of $4,000 in qualifying direct deposits within 90 days of account opening between 9/9/25 - 1/28/26. *Conditions apply. Accounts are subject to approval and provided in the U.S. by BMO Bank N.A. Member FDIC

Get Deal

Expires 1/28/2026

Member FDIC

BMO Smart Money Checking account - Earn $400 Cash Bonus*

$400 cash bonus* when you have a cumulative total of $4,000 in qualifying direct deposits within 90 days of account opening between 9/9/25 - 1/28/26. *Conditions apply. Accounts are subject to approval and provided in the U.S. by BMO Bank N.A. Member FDIC

Get Deal

Expires 1/28/2026

Which is Better: BMO or USAA 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 or Chase.

Articles on BMO

BMO 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 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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BMO Checking Account Bonus & Promotions

BMO rolls out enticing checking offers from time to time to attract new customers. Find the latest bonus deals here.

Who Owns BMO

BMO is a publicly-traded company with significant institutional investors. These include several well-known Canadian asset management firms and banks.

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? They have a Financial Crimes Unit backing you up, for one. Read on for more details.

What is BMO

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 USAA Bank

USAA Routing Number

USAA only has one routing number: 314074269. Learn what you need it for and other ways to transfer money.

USAA Savings Account Interest Rate

Looking to open a savings account with USAA Federal Savings Bank? Read on to learn what rates are being offered.

USAA High Yield Savings

USAA Bank boasts a savings account with an adequate rate and no fees. But you may not be eligible to get it. Read on to find out.

Which Do You Think is Best?