Customers Bank vs BMO
Customers Bank is a solid bank that offers an interest-earning checking account and savings options with good APY. How does it compare to BMO? Read our comparison chart below.
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Customers Bank | BMO | |
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High-Yield Savings Account - 4.01% APY - | BMO Smart Advantage Checking Account - Earn $350 Cash Bonus* - | |
Benefits and Features | ||
Savings | Yield Shield Savings Account - 4.23% APY. $25,000 minimum opening deposit. | 0.01% APY. $5 reward every month you save $200 or more, for the first year. |
CD | 4.00% to 4.25% APY. Terms of 3 to 60 months. $500 minimum to open | 0.05% - 3.25% APY. Terms of 3 months to 5 years. $1,000 minimum opening deposit. |
Checking | Up to 2.00% APY. $50 to open, no balance required, no monthly fees. | Smart Advantage, Smart Money, Relationship |
Money Market | 0.80% 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% - 1.50% 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 | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Mobile App | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Customer Service | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Money Market | ![]() ![]() ![]() ![]() ![]() | |
Pros & Cons | Pros:
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Bottom Line | Solid bank that offers an interest-earning checking account and savings options with good APY... | Midwest bank with options for low and high-balance customers... |
Learn More | Visit Site | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Customers Bank: Pricing information from published website as of 01/09/2025. BMO: Pricing information from published website as of 01/18/2025 based on 60603 zip code. |
High-Yield Savings Account - 4.01% APY
- $1 minimum deposit
- No fees
- 24/7 online access to funds
- FDIC insured
BMO Smart Advantage Checking Account - Earn $350 Cash Bonus*
$350 cash bonus when you have a cumulative total of $4,000 in qualifying direct deposits within 90 days of account opening between 2/4/25 - 5/2/25. *Conditions Apply. Accounts are subject to approval and available in the U.S. by BMO Bank N.A. Member FDIC
BMO Smart Money Checking Account - Earn $350 Cash Bonus*
$350 cash bonus when you have a cumulative total of $4,000 in qualifying direct deposits within 90 days of account opening between 2/4/25 - 5/2/25. *Conditions Apply. Accounts are subject to approval and available in the U.S. by BMO Bank N.A. Member FDIC
Which is Better: Customers Bank or BMO?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Customers Bank or Bank of America.
In short: Customers Bank's savings is noteworthy. BMO's mobile app and customer service are notable.