BMO Harris Bank vs Wells Fargo

BMO Harris Bank is a midwest bank with options for low and high-balance customers. How does it compare to Wells Fargo? 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 Wells Fargo is one of America's largest banks with over 4,500 locations and 12,000 ATMs. Offers many checking options, including Teen Checking and Opportunity Checking for those who had financial troubles. 24/7 customer service. Special CDs offers high rates with $5,000 minimum opening deposit.

Compare BMO Harris Bank with Wells Fargo, side-by-side. Read on for an in-depth look, including ratings and reviews.

	BMO Harris Bank	Wells Fargo


	SPECIAL OFFER BMO Harris Smart Advantage™ Account - $300 Cash Bonus - Learn More Read BMO Harris Bank Review	SPECIAL OFFER Personal Checking Account - $2,500 Bonus - Learn More Read Wells Fargo Review
	Benefits and Features
Savings	0.01% APY. $5 reward every month you save $200 or more, for the first year.	0.15% APY. Minimum opening deposit of $25. Monthly service fee of $5, unless you maintain a minimum daily balance of $300, make 1 automatic transfer each fee period of $25 or more from a linked Wells Fargo checking account, make 1 automatic transfer each business day within the fee period of $1 or more from a linked Wells Fargo checking account, make 1 or more Save As You Go® transfers from a linked Wells Fargo checking account, or primary account owner is 24 years old or under.
CD	0.05% - 5.10% APY. Terms of 3 months to 5 years. $1,000 minimum opening deposit.	Standard Term CD: 0.50% to 2.50% APY. Terms of 3 months to 1 year. Minimum deposit of $2,500. Bonus of up to 2.51% APY if you maintain a linked Portfolio by Wells Fargo relationship.
Checking	Smart Advantage, Smart Money, Premier	Clear Access Banking, Everyday Checking, Portfolio by Wells Fargo
Money Market	1.00% APY. $25 minimum opening deposit. $10 monthly fee, waived with a $10,000 minimum daily balance.	Also known as the Platinum Savings Account. 0.25% - 2.50% APY. Minimum opening deposit of $25. $12 monthly service fee, unless you maintain a minimum daily balance of $3,500. Bonus APY of 2.51% requires account linked to Portfolio by Wells Fargo relationship.
Customer Service	Mon-Fri: 7am - 10pm (CT); Sat-Sun 8am - 8pm	Available 24 hours a day, 7 days a week.
ATMs	40,000+ BMO Harris and Allpoint ATMs	More than 12,000 ATMs across the country.
IRA CD	0.05% - 5.10% APY. Terms of 3 months to 5 years. $1,000 minimum opening deposit	Standard Term CD: 0.01% to 2.50% APY. Terms of 1 month to 144 months. Minimum deposit of $1,000. Bonus of up to 2.51% APY if you maintain a linked Wells Fargo Prime/Portfolio Checking account.
IRA Money Market	IRA Premium Savers: $100 minimum opening deposit. No monthly maintenance fee	Also known as Retirement High Yield Savings. 0.25% - 2.50% APY. $100 minimum opening deposit.
Locations	More than 500 branches	Approximately 4,500+ retail banking branches coast to coast.
	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
Bottom Line	Midwest bank with options for low and high-balance customers... Read full review	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	Personal Checking Account - $2,500 Bonus Personal Checking Account - $325 Bonus Personal Checking Account - $300 Bonus
BMO Harris Bank: Pricing information from published website as of 4/18/2023 based on 91107 zip code. Wells Fargo: Pricing information from published website as of 5/27/2023 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 Wells Fargo?

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.

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.

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 Wells Fargo

Wells Fargo Bank Review

Wells Fargo offers nationwide access with thousands of ATMs and branch locations. But are their checkings and savings accounts right for you? Read on to see the best options.