Newest BMO Harris Promotions: Best Offers, Coupons, and Bonuses August 2020

BMO Harris Bank promotions

BMO Harris Bank is the eighth-largest bank in North America in terms of assets, and it’s been providing financial services for more than 100 years. Like many other banks, BMO Harris periodically offers cash bonuses to attract new customers.

GOBankingRates survey discovered that many Americans are unwilling to switch banks for the sign-up offer, missing out on the chance to earn some cash and get better banking terms. You can avoid missing opportunities by checking out bank promotions.

BMO Harris Promotions at a Glance

In the U.S., BMO Harris operates in Washington, D.C., as well as Arizona, California, Colorado, Florida, Georgia, Illinois, Indiana, Kansas, Massachusetts, Missouri, Minnesota, New York, Oregon, Texas, Utah, Virginia, Washington and Wisconsin.

Here’s a quick rundown of current BMO Harris offers:

Best BMO Harris Promotions: August 2020
Account Cash Value of Bonus Expiration Date
BMO Harris Bank Cash Back Mastercard $200 None
BMO Harris Bank Premium Rewards Mastercard $435 None
BMO Harris Bank Platinum Rewards Mastercard $300 None

Current BMO Harris Promotions

Although there is no BMO Harris checking account bonus for August 2020, there are several that involve credit cards. To earn the BMO Harris bonuses, you’ll need to meet the bank’s requirements.

Best Credit Card Promotions

BMO Harris has a wide range of options when it comes to credit cards. Here are August’s bonus offers:

BMO Harris Bank Cash Back Mastercard: $200 Bonus

The Cash Back Mastercard comes with no annual fee. You’ll earn 2% cash back for every $1 spent on gas and grocery purchases, up to $2,500 each calendar quarter. You’ll also earn 1% back on all other purchases. Here’s what you need to know to earn the $200 cash bonus:

More From Your Money
Sponsors of
  • Cash value: $200
  • Minimum spend to qualify: $2,000
  • Expiration date: None
  • How to get it: Apply and get approved for the card, and then spend at least $2,000 in the first three months.
  • When you’ll get it: Three to four weeks after the first three-month period ends
  • Terms and conditions: Reward points are redeemable as a statement credit.
  • Annual fee: None
  • Promotion pageBMO Harris Bank Cash Back Mastercard bonus offer

BMO Harris Bank Premium Rewards Mastercard: Bonus Points ($435 Value)

The Premium Rewards Mastercard is the fastest way to earn travel points. You can earn three points per $1 spent on travel and dining, up to $2,500 each quarter. The points can be used as a statement credit or can be redeemed on travel, merchandise or gift cards. Here’s more:

  • Cash value: $435
  • Minimum spend to qualify: $5,000
  • Expiration date: None
  • How to get it: Apply and get approved for the card, and then spend at least $5,000 in the first three months.
  • When you’ll get it: Three to four weeks after the first three-month period ends
  • Terms and conditions: Points don’t expire, and you can redeem them whenever you want.
  • Annual fee: $79 (waived the first year)
  • Promotion pageBMO Harris Bank Premium Rewards Mastercard bonus offer

BMO Harris Bank Platinum Rewards Mastercard: Bonus Points ($300 Value)

The Platinum Rewards Mastercard has no annual fee and offers two points for every $1 you spend on gas and grocery purchases, up to $2,500 per calendar quarter. No BMO Harris coupon code is required, and you can redeem your points on travel, gift cards, merchandise and statement credits. Here’s what you need to know:

  • Cash value: $300
  • Minimum spend to qualify: $2,000
  • Expiration date: None
  • How to get it: Apply and get approved for the card, and then spend at least $2,000 in the first three months.
  • When you’ll get it: Three to four weeks after the first three-month period ends
  • Terms and conditions: Points don’t expire, and you can redeem them whenever you want.
  • Annual fee: None
  • Promotion pageBMO Harris Bank Platinum Rewards Mastercard bonus offer

Past BMO Harris Promotions

This past BMO Harris promotion can give you an idea of what the bank might offer in the future.

BMO Harris Bank Mortgage Promotion: $950 Closing Cost Discount

BMO Harris offers home mortgages in addition to its other loan products. To simplify the process, you can apply online and upload all your documents to get prequalified before you start shopping for a home. The $950 cash bonus came in two parts. First, you could earn up to $750 towards closing costs — $500 for mortgage loans of up to $499,999 and $750 for loans over that amount. You got another $200 when you set your mortgage payments to auto pay from a BMO Harris checking account. Here’s more:

  • Cash value: Up to $950
  • Expiration date: Expired
  • How to get it: You needed to get approved for a BMO Harris mortgage and set up autopay from a BMO checking account.

How To Open a BMO Harris Account

You can open a personal BMO Harris bank account at a branch or online. Here’s what you’ll need to open a BMO Harris bank account:

  • Name and personal information
  • Social Security number
  • Date of birth
  • Driver’s license or state ID
  • A debit card number or your bank’s routing number and bank account number to transfer money to fund the account

Although there is no BMO Harris business account bonus, you can simplify how you accept payments with one of BMO Harris’ business checking accounts. To open one of these accounts, you can visit a branch or call (888) 340-2265.

BMO Harris Bank Promotions Could Be Right for You

The BMO Harris Bank promotions for August all rely on your credit score. You’ll need good credit to qualify for credit cards. In the event you have a poor credit history, it’s best to work on improving your credit score so you can qualify for better banking offers and credit products in the future.

Check back each month for updates and new promotions as they are available. If none of the above promotions seem like a good fit for you, there are also a number of other banks offering promotions this month.

Information on promotions was sourced from banks’ websites on July 28, 2020. Additional requirements may apply. Offers and terms are subject to change.

This content is not provided by BMO Harris Bank. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by BMO Harris Bank.

This article has been updated with additional reporting since its original publication.

About the Author

Cynthia Paez Bowman is a personal finance writer with degrees from American University in international business and journalism. Besides writing about personal finance, she writes about real estate, interior design and architecture. Her work has been featured in MSN, Brex, Freshome, MyMove, Emirates’ Open Skies magazine and more.