{"id":21293,"date":"2022-11-08T16:23:44","date_gmt":"2022-11-08T15:23:44","guid":{"rendered":"https:\/\/ecreditdaily.com\/?p=9716"},"modified":"2022-11-10T17:23:54","modified_gmt":"2022-11-10T16:23:54","slug":"bmo-harris","status":"publish","type":"post","link":"https:\/\/businessfinancenews.com\/loans\/bmo-harris\/","title":{"rendered":"BMO Harris"},"content":{"rendered":"
BMO Harris Platinum Money Market Account offers a competitive yield. Although the minimum balance requirement of $5,000 is higher than other accounts, it is worth looking into if you have that amount to deposit.<\/p>\n
Online access to the BMO Harris Statement Savings account can be made nationwide. $25 is the minimum deposit required to open the account.<\/p>\n
To waive the monthly maintenance fees, you must maintain a minimum daily ledger balance (not less than $100). If you are under 25 years of age, the maintenance fee is waived. These are the best ways to avoid paying the monthly maintenance fee.<\/p>\n
However, the APY is still well below the national average for all balances. This means that savers have better options.<\/p>\n
The Platinum Money Market Account provides a decent annual percentage yield. These APYs can be found in all 50 states, including Arizona, Florida, and Illinois. Accessibility features include check-writing privileges, an ATM card, and other money market account benefits.<\/p>\n
BMO Harris offers CDs with terms that range from 3 months to 5 years. Yields will vary depending on market conditions and how much you deposit to the account.<\/p>\n
A 12-month CD will give you a competitive rate if you deposit more than $5,000. The payout is significantly reduced if you deposit less than $5,000 in a 12-month CD.<\/p>\n
However, it is possible to get a higher yield in some cases by using a CD special.<\/p>\n
Many types of CDs are available at the bank, including an add-on CD that allows account holders to make multiple deposits. CDs can also be ordered online, by phone, or at a branch.<\/p>\n
All balances above zero are eligible for interest in the BMO Harris Premier Account. A balance of $5,000 or greater is eligible for the best rate.<\/p>\n
You can open an account online or in a branch. A $25 minimum deposit is required. If the minimum daily balance is less than $10,000, a $25 maintenance fee will be charged. If the minimum daily balance falls below $10,000, the fee is waived.<\/p>\n
The BMO Harris Smart Advantage has no monthly fees, and the BMO Harris Smart Money Account has a $5 maintenance fee. These are non-interest-bearing checking accounts. Each account can be opened with a minimum $25 deposit.<\/p>\n
BMO Harris Bank combines the best of both in-person and digital banking functions.<\/p>\n
BMO Harris Bank boasts an extensive ATM network that includes more than 1,500 ATMs. The bank also partners with Allpoint to give customers access to thousands of ATMs throughout the country. The bank has over 500 branches that offer customers in-person banking.<\/p>\n
BMO Harris offers online and mobile banking. You can schedule and set up automatic payments. You can manage all of your accounts (even non-BMO Harris) in one place with the bank\u2019s Total Look tool. It also allows you to create a budget, track your spending, and keep track of your expenses.<\/p>\n
BMO Harris allows peer-to-peer payments via Zelle. You can reach a representative at the bank\u2019s customer service line 24\/7.<\/p>\n
BMO Harris, headquartered in Chicago, has over 500 branches in eight US states. Customers have access to over 43,000 ATMs. It has branches in Arizona, Florida, Illinois, Indiana, Kansas, and Minnesota. Missouri, Wisconsin, and Kansas.<\/p>\n
BMO Harris is the parent company of The Bank of Montreal, while BMO Financial Corp. serves as its U.S. holding firm.<\/p>\n
statement savings account<\/p>\n<\/div>\n