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BMO

BMO is a U.S. retail bank offering a broad range of personal and business financial products, including checking and savings accounts, credit cards, loans, mortgages, and investment options. The bank serves customers across the United States with both digital banking tools and physical branch locations.

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At a glance

About BMO

Main category
Personal and business banking
Key products
Checking accounts, savings accounts, credit cards, loans, mortgages, investing
Operates in
United States
Digital banking
Available (online and mobile support)
Branch access
Physical branches available
Credit cards offered
Cash back, platinum, rewards, secured (Boost), travel (Escape)
Loan types
Home equity, student loans, personal loans, mortgages
Target audience
Individual consumers, students, homeowners, investors
BMO operates in the mainstream banking segment, targeting everyday consumers as well as small business owners and investors who want a full-service financial institution. The product lineup covers the full spectrum from basic no-overdraft-fee checking accounts to premium rewards credit cards and wealth management services. BMO also caters to niche audiences through sports-themed debit cards tied to teams such as the Chicago Bulls, Chicago Blackhawks, and LAFC. The bank positions itself as a practical choice for customers seeking a wide range of financial tools under one roof, with digital self-service options alongside in-person branch support.
July 2026

Active promotions

Ready to use with your order at BMO.

Open a new checking account and receive a cash bonus after meeting qualifying direct deposit requirements within the first 90 days.
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New credit card applicants may benefit from a 0% introductory APR on purchases and balance transfers for the first 12 months after account opening.
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Recent

BMO in the news

Recent updates and background about BMO, summarised in our own words.

Financial Post

BMO notes that Canada tends to benefit when the U.S. economy performs well

BMO has indicated that strong economic performance in the United States continues to have a positive effect on the Canadian economy. The observation points to the ongoing financial interdependence between the two countries.

Yahoo Finance

BMO Capital lowers price target for McGraw Hill shares

BMO Capital has revised its price target for McGraw Hill downward. The adjustment reflects a reassessment of the company's financial outlook by BMO Capital analysts.

Daily Bruin

BelicoFest arrives in California with a show at BMO Stadium

BMO Stadium in California hosted BelicoFest for the first time, an event dedicated to música mexicana. The festival marked its California debut with performances celebrating Mexican musical culture.

Summaries by Image Review based on publicly available sources and our own editing. External links may contain affiliate links.

Frequently asked questions

What others ask about BMO

Answers to the most common questions, based on search behaviour and our own research.

Is BMO a trustworthy bank?

BMO is a regulated U.S. retail bank offering a full range of financial products including insured deposit accounts. The bank operates physical branches and provides digital banking support, which are both indicators of an established financial institution.

What types of checking accounts does BMO offer?

BMO offers several checking account options, including the BMO Smart Advantage Checking, BMO Relationship Checking, and BMO Smart Money Checking, the latter of which carries no overdraft fees. Customers can compare all options on the BMO website to find one that suits their needs.

Can I apply for a mortgage at BMO?

Yes, BMO offers a range of mortgage products including fixed rate, adjustable rate, jumbo, and low down payment mortgages. A mortgage affordability calculator and the option to request a pre-qualification are available on the website.

How do I get support from BMO if I have a problem?

BMO provides online support through its digital banking platform, as well as in-person assistance at physical branch locations. Customers can also find answers through the frequently asked questions section on the BMO website.

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