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.
Learn More | Visit Site | |
Customers Bank | BMO | |
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High-Yield Savings Account - 4.16% APY - | BMO Smart Advantage Checking Account and BMO Smart Money Checking Account - Earn $300 Cash Bonus* - | |
Benefits and Features | ||
Savings | Yield Shield Savings Account - 4.73% APY. $25,000 minimum opening deposit. | 0.01% APY. $5 reward every month you save $200 or more, for the first year. |
CD | 3.60% to 4.35% APY. Terms of 24 to 60 months. $500 minimum to open | 0.05% - 4.00% 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 | 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 | ||
Mobile App | ||
Customer Service | ||
Money Market | ||
Pros & Cons | Pros:
| 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 11/08/2024. BMO: Pricing information from published website as of 11/20/2024 based on 60603 zip code. |
High-Yield Savings Account - 4.16% APY
- $1 minimum deposit
- No fees
- 24/7 online access to funds
- FDIC insured
BMO Smart Advantage Checking Account and BMO Smart Money Checking Account - Earn $300 Cash Bonus*
$300 Cash Bonus* when you have $4,000 in direct deposits within 90 days of opening between 11/1/24 – 2/3/25. *Conditions Apply. Available in the U.S. 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.