BMO Smart Advantage bonus: is $600 worth it?
What it adds over what your cash earns now, tier by tier. Change the rate to yours.
+$600: more than leaving it at 4.15%
The math
Bonus
+$600
Extra
+$600
Get 6 direct deposits of $1,000+ within 210 days. Terms checked Oct 9, 2026.
About this bonus
What it takes
- 1Get 6 direct deposits of $1,000+ within 210 days
- Ends
- Dec 15, 2026
- Where
- 14 states: AZ, CA, CO, FL, IA, IL, IN, MN, NM, NV, OR, UT, WA, WI
- Monthly fee
- None
- Closing early
- $50 within 90 days
- Bonus paid
- Usually within 10 days of finishing
- Credit check
- A ChexSystems inquiry (not your credit score)
Similar bonuses
The same kind of account, ranked by what each adds at 4.15%.
Questions
Is the BMO Smart Advantage bonus worth it?
It doesn't tie up any cash, so it beats leaving your money where it is: after fees it adds +$600.
What are the requirements?
Get 6 direct deposits of $1,000+ within 210 days. Open to residents of AZ, CA, CO, FL, IA, IL, IN, MN, NM, NV, OR, UT, WA, WI.
When does it end?
The offer ends Dec 15, 2026. The terms were last checked Oct 9, 2026.