BMO Bank vs Customers Bank
BMO Bank is a midwest bank with options for low and high-balance customers. How does it compare to Customers Bank? Read our comparison chart below.
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BMO Bank | Customers Bank | |
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BMO Checking Accounts - Earn up to $600 - | High-Yield Savings Account - 4.51% APY - | |
Benefits and Features | ||
Savings | 0.01% APY. $5 reward every month you save $200 or more, for the first year. | Yield Shield Savings Account - 4.73% APY. $25,000 minimum opening deposit. |
CD | 0.05% - 4.00% APY. Terms of 3 months to 5 years. $1,000 minimum opening deposit. | 3.60% to 4.35% APY. Terms of 24 to 60 months. $500 minimum to open |
Checking | Smart Advantage, Smart Money, Relationship | Up to 2.00% APY. $50 to open, no balance required, no monthly fees. |
Money Market | 1.00% 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% - 2.00% 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 | ||
Savings | ||
CD | ||
Checking | ||
Money Market | ||
Mobile App | ||
Customer Service | ||
Pros & Cons | Pros:
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Bottom Line | Midwest bank with options for low and high-balance customers... | Solid bank that offers an interest-earning checking account and savings options with good APY... |
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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 09/27/2024 based on 60603 zip code. Customers Bank: Pricing information from published website as of 09/27/2024. |
BMO Checking Accounts - Earn up to $600
Earn up to $600 with qualifying activities. Conditions Apply. BMO Bank N.A. Member FDIC
Get either a $250 or $500 cash bonus when you open a new checking account and complete qualifying activities between 9/10/24 and 10/31/24. Plus, get a $100 digital gift card when you meet with a BMO banker to discuss your financial priorities after opening your account online. Combine the cash bonus and the gift card to maximize your rewards.
BMO Smart Advantage Checking - Earn up to $350
Earn up to $350 with qualifying activities. Conditions Apply. BMO Bank N.A. Member FDIC
Earn a $250 cash bonus when you open a new checking account and complete qualifying activities between 9/10/24 and 10/31/24. Plus, get a $100 digital gift card when you meet with a BMO banker to discuss your financial priorities after opening your account online. Combine the cash bonus and the gift card to maximize your rewards.
BMO Smart Advantage Checking
- No minimum balance required
- Fee-free transactions at more than 40,000 Allpoint® network ATMs nationwide
- No monthly fees with paperless statements
High-Yield Savings Account - 4.51% APY
- $1 minimum deposit
- No fees
- 24/7 online access to funds
- FDIC insured
Which is Better: BMO Bank or Customers 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 and customer service are notable. Customers Bank's savings is noteworthy.