BMO Harris offers several checking accounts, but for this review Bankrate looked at the Smart Advantage checking. The account is not interest bearing, but there is no monthly maintenance fee. You will need at least $25 to open the account, but after that, there is no minimum balance requirement. However, accounts with a $0 balance may be closed.
The account can be opened online, by phone or at a branch. Smart Advantage comes with a MasterCard debit card, including a choice of branded cards for fans of Chicago sports teams. You can use the debit card to access your money through BMO Harris' big ATM network or go card-free using Mobile Cash, a QR-code based smartphone technology in the bank’s mobile app that works at ATMs. Paper statements will cost you $2 a month, out-of-network ATM usage carries a $3 fee and overdrafts and nonsufficient funds are $36, which exceeds the national average of $33.58.
Smart Advantage has no monthly maintenance fee.
The minimum opening deposit is a modest $25.
There is no minimum monthly balance requirement.
The account comes with a debit card.