Blog/Best Savings Bonuses/BMO Business $400–$1,500 Business Savings Bonus (5.5%–36.5% Effective APY) - 2026 Review

BMO Business $400–$1,500 Business Savings Bonus (5.5%–36.5% Effective APY) - 2026 Review

✓ Verified Aug 13, 2026; published end date 2026-08-31
By Nathaniel Booth2026-04-10Last updated 2026-08-08Savings Bonuses
Business SavingsBank BonusNationwideBusinessTiered Bonus
Offer Details
Account TypeSavings
Base APY0.00%
Funding Window30 days
Maintenance Period90 days
Total Hold~100 days
Open account →

Affiliate disclosure: Fat Stacks Academy may earn a commission if you open an account through this link, at no additional cost to you.

Bank bonuses are taxable interest — expect a 1099-INT. See our bank bonus tax guide.

Bonus Tiers & Effective APY

$4,000 deposit36.5% effective APY
Cash Bonus$400
Est. Interest~$0
Total Earnings~$400
$25,000 deposit10.9% effective APY
Cash Bonus$750
Est. Interest~$0
Total Earnings~$750
$50,000 deposit7.3% effective APY
Cash Bonus$1,000
Est. Interest~$0
Total Earnings~$1,000
$100,000 deposit5.5% effective APY
Cash Bonus$1,500
Est. Interest~$0
Total Earnings~$1,500

Overview

BMO Business currently offers up to $1,500 through its business savings promotion. The headline tier requires $100,000 and keeps the funds committed for roughly 100 days. That is approximately 5.5% annualized before tax and opportunity-cost adjustments.

Who This Savings Bonus Is Best For

People with $100,000 of genuinely idle cash who can leave it committed for roughly 100 days without sacrificing a better use for the funds.

How to Maximize This Bonus

Complete 10 debit-card transactions within 90 days and keep the account in good standing until the reward posts. Confirm that purchases or transactions are eligible before relying on them.

Pros

+Up to $1,500 cash bonus
+Nationwide eligibility, subject to account rules
+4 payout tiers

Cons

-$100,000 required for the headline tier
-Capital is committed for roughly 100 days
-$10 monthly fee unless waived

How This Compares to Other Bonuses

BMO Business's $1,500 headline payout is closest to Capital One's $1,500 offer. Compare the required capital, holding time, account fees, and base interest, not only the bonus.

Frequently Asked Questions

What is the current BMO Business promotion?

BMO Business currently offers up to $1,500. The headline requirement is 10 debit-card transactions within 90 days.

How much money is required for the BMO Business bonus?

The highest advertised payout currently requires $100,000. Lower tiers may require less; review the tier table on this page.

How long is the money committed?

Plan on approximately 100 days including funding, maintenance, settlement, and a practical payout buffer.

Eligibility

AvailabilityNationwide
Lifetime LimitNo

Business Checking (Digital tier $10/mo waived at $500 balance). Deposit within 30 days, hold the tier minimum balance from day 31 to day 90 (a minimum, not an average). New customers only, so no BMO business checking in the past 12 months. Opens online. Verified live 2026-08-08, expires Aug 31, 2026.

Fees

Monthly Fee$10

Apply

Open Account →

Affiliate disclosure: Fat Stacks Academy may earn a commission if you open an account through this link, at no additional cost to you.

Sources (2)

We last checked this against the bank's page on August 13, 2026.

Historical Promotions

tracked since 2023-05-21
$1,500$100,000 depositall-time highcurrent
~2026-06-23current
$1,000$50,000 deposit
~2026-04-172026-06-21
$1,000per DoC
~2025-09-042026-03-09
$300per DoC
~2023-05-212023-05-21

The current $1,500 is the highest we've tracked since May 2023.

2026-06-23: bonus increased $1,000$1,500
2025-09-04: bonus increased $300$1,000

More BMO Business offers we track

BMO $400 Checking Bonus
Track This Bonus in Stacks OS

Add this offer directly to your dashboard so you can track its requirements, deadline, and payout.

Stacks OS also tells you which bonus to do next for YOUR paycheck.

Bonus tracking is included in the free plan.
🔒
The Direct Deposit Cheat Sheet

What actually counts as a direct deposit at 53 banks. Fidelity, Schwab, ACH pushes, all in one printable table, verified.

Free. Unlocks instantly here and arrives by email.
Unlocking also subscribes you to the free weekly bonus newsletter. Unsubscribe anytime.
Watch the walkthroughs on YouTube →

Comments (0)

Loading comments...
Affiliate Disclosure

Fat Stacks Academy may earn a commission when you open an account through links on this page, at no additional cost to you. Commissions do not influence our reviews — we verify offer terms directly with each bank before publishing and do not accept paid placement in our rankings. Bonus offers, requirements, and fees are determined by each financial institution and may change at any time. Always verify the current terms directly with the bank before applying. This content is for informational purposes only and does not constitute financial advice.

← All reviewsBest checking bonusesBest savings bonuses