Earn up to $1,500 after opening an eligible BMO business checking account and maintaining the qualifying balance tier.
The value proposition is straightforward: a modeled $1,490 net return with a manageable set of requirements. The real question is whether the steps fit your current cash flow and attention budget.
BusinessCheckingNo direct depositNo state restriction listedModerate friction
Gross bonus
$1,500
Headline payout before any modeled fee drag.
Funding threshold
$100,000
$100,000 opening deposit
Time to clear
~3 months
A standard multi-month offer window with roughly 90 days of follow-through.
Friction
Moderate friction
There are enough steps or holding time to warrant a tracker, even without direct-deposit setup.
Open with at least $100,000
Direct deposit
No DD
No payroll switch needed
Opening deposit
$100,000
Minimum cash to start
Hold period
90 days
Keep open through payout
Fee
~$10
Missed waivers shrink payout
Bonus ROI
2%
Bonus vs required funding
Execution Summary
What actually decides this offer
Primary requirement
Open with $100,000.
Primary constraint
Locks up $100,000 in cash.
Execution model
Works best if you can park at least $100,000 without straining working cash and leave the account open for ~3 months.
Cash profile: Heavy cash lockup. Hold period: 90 days.
Checklist
How to complete it cleanly
3 steps
1
At opening
Open the checking account
Fund it with at least $100,000 and save a copy of the offer terms before you begin.
2
Keep account open for 90 days
Open a new eligible BMO business checking account by August 31, 2026 through the business checking offer page.
Eligible accounts include Digital, Simple, Premium, and Elite Business Checking.
Keep at least $100,000 in the account on day 30 and maintain at least $100,000 from day 31 through day 90 to earn the $1,500 top tier.
During qualification window
Complete the activity requirement
Eligible accounts include Digital, Simple, Premium, and Elite Business Checking.
3
Through day 90
Keep the account open until the bonus is safe
Plan on about ~3 months before you consider the offer done.
Good Fit If
Who should actually do this
You want a bonus path that does not depend on changing direct deposit.
You can keep $100,000 parked without stressing your working cash.
You can keep another checking account open for about ~3 months without needing a quick exit.
Think Twice If
Where this can get annoying
Tying up $100,000 in fresh funds feels too expensive for the payout.
Missing the fee waiver would eat about $10 of the modeled value.
You want a near-hands-off offer with only one step to track.
Watch For
Failure points before you start
Opening or funding requires at least $100,000, which reduces flexibility while the bonus is open.
Do not treat the account as finished until roughly day 90; early closure can wipe out the payout.
Estimated net value already assumes about $10 in fees, so missed waivers can shrink real value further.
BMO's official business checking offer page advertised one up-to-$1,500 offer across eligible business checking accounts from May 1, 2026 through August 31, 2026 when re-verified on May 10, 2026. Lower tiers include $400 with $4,000, $750 with $25,000, and $1,000 with $50,000. The directory consolidates the account variants into one offer because the promo is mutually exclusive in practice; fee estimates use the lowest listed monthly maintenance fee among the eligible accounts.
Related Offers
Other bank bonuses in the same neighborhood
U.S. Bank
Platinum Business Checking Bonus
Lower modeled payout, but potentially cleaner execution for the same use case.
If this offer is the one you want to anchor around, send it straight into the planner and let it decide whether this bank bonus should be first, deferred, or left out.
