BMO vs Chase
BMO is a midwest bank with options for low and high-balance customers. How does it compare to Chase? Read our comparison chart below.
BMO has over 900 branches and is the 8th largest bank in North America by assets. Smart Advantage checking has no fee and no minimum balance if you opt for eStatements. Savings need just $100 to open with easy ways to waive fees. Special Rate CDs require a $5,000 minimum opening deposit.
While Chase is one of the biggest banks in the nation with more than 4,700 branches and over 15,000 ATMs. They offer a variety of banking, loans and investing services.
Compare BMO with Chase, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
|  Member FDIC |  Member FDIC |
| Visit Site | Visit Site |
| SPECIAL OFFER BMO Smart Advantage Checking account - Earn $400 Cash Bonus* - Learn MoreRead BMO Review | SPECIAL OFFER Chase First Banking - Learn MoreRead Chase Review |
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| Benefits and Features |
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Savings | 0.01% APY. $5 reward every month you save $200 or more, for the first year. |
- Chase Savings: 0.01% APY. $5 monthly service fee waived with either a $300 daily balance OR $25 automatic transfer every month from a linked Chase checking account, OR a linked Chase College Checking for Overdraft Protection, OR a linked qualifying Chase checking account, OR for owners under 18. $0 to open.
- Chase Premier Savings: Earn a higher interest rate when you have a bigger balance and meet certain relationship requirements when linked with a Chase Premier Plus Checking or Sapphire Checking account.
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CD | 0.05% - 3.00% APY. Terms of 3 months to 5 years. $1,000 minimum opening deposit. | Terms of 1 month to 10 years. $1,000 minimum opening deposit. No monthly service fee. |
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Checking | Smart Advantage, Smart Money, Relationship |
- Chase Total Checking®
- Chase Premier Plus Checking: An interest-bearing account with some perks. $25 monthly service waived with an average beginning day balance of $15,000 OR a Chase mortgage with auto pay. $0 minimum balance to open.
- Chase Sapphire Checking: A premium checking account for those with $75,000 or more on deposit with Chase. $0 minimum balance to open.
- Chase College Checking: No monthly service fee for college students age 17-24 at account opening with proof of student status, for up to 5 years. $0 to open.
- Chase Private Client Checking℠: For high net worth individuals who have $150,000 on deposit with Chase.
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Money Market | Up to 2.68% APY. $25 minimum opening deposit. $10 monthly fee, waived with a $5,000 minimum daily balance. | |
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Mobile App | | iOS & Android |
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ATMs | 40,000+ BMO and Allpoint ATMs | 15,000+ Chase ATMs |
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Customer Service | Mon-Fri: 7am - 11pm (CT); Sat-Sun 8am - 10pm | Automated service available 24/7 |
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IRA CD | 0.05% - 1.00% APY. Terms of 3 months to 5 years. $1,000 minimum opening deposit | |
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IRA Money Market | IRA Premium Savers: $100 minimum opening deposit. No monthly maintenance fee | |
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Locations | 981 branches | Over 4,700 |
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| CreditDonkey® Reviews |
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Savings |      |      |
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CD |      |      |
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Checking |      |      |
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Money Market |      | |
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Mobile App |      |      |
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Customer Service |      |      |
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Pros & Cons | Pros:- Free checking with eStatements
- Large ATM network
- Good financial tools
Cons:- Limited branches
- Low savings APY
| Pros:- More than 4,700 branches
- New customer coupons
- Full service banking
Cons:- Low savings rates
- Not in all states
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Bottom Line | Midwest bank with options for low and high-balance customers... Read full review | National bank with good promotions for new customers... Read full review |
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| Visit Site | Visit Site |
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Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. BMO: Pricing information from published website as of 08/26/2025 based on 60603 zip code. Chase: Pricing information and data points from published website as of 08/26/2025. |

Member FDIC
$400 cash bonus* when you have a cumulative total of $4,000 in qualifying direct deposits within 90 days of account opening between 5/5/25 - 9/8/25. *Conditions Apply. Accounts are subject to approval and available in the U.S. by BMO Bank N.A. Member FDIC
Expires in 3 days

Member FDIC
$400 cash bonus* when you have a cumulative total of $4,000 in qualifying direct deposits within 90 days of account opening between 5/5/25 - 9/8/25. *Conditions Apply. Accounts are subject to approval and available in the U.S. by BMO Bank N.A. Member FDIC
Expires in 3 days
Which is Better: BMO or Chase?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing BMO or Bank of America.
In short: BMO's cd is notable.
Articles on BMO
BMO offers low fees and a large ATM network. But savings rates are low. However, the strong features can still make it a good bank for you. Read on.
If you have a BMO account, you only need to be aware of one routing number. This number is 071025661. Read on and learn how to use it.
BMO rolls out enticing checking offers from time to time to attract new customers. Find the latest bonus deals here.
BMO is a publicly-traded company with significant institutional investors. These include several well-known Canadian asset management firms and banks.
BMO has been recognized as one of the World's Most Ethical Companies for six consecutive years. How did they earn this award? Find out.
Get more perks when you open a BMO Relationship Checking Account. Find out the balance you need to reach to unlock them.
Is BMO a good choice for your banking needs? Find out here.
Wondering about the security of your funds with BMO? They have a Financial Crimes Unit backing you up, for one. Read on for more details.
BMO Harris is now BMO. But are they a legit bank? Find out if you should bank with them.
BMO's Smart Advantage has $0 monthly fees. Smart Money has no overdraft fees. Which one is a smarter choice? Read on to find out.
BMO, is a U.S bank, part of the Bank of Montreal. It offers solid basic checking options and a large ATM network. But, is it legit? Read on to find out.
Articles on Chase
Chase has new customer bonuses and a strong nationwide presence. But there are drawbacks. Read this review to see if Chase is a good bank for you.
Opening an account with Chase Bank is simple. Take a look at what you'll need and check out your account options in our guide.
Chase Business Complete Banking offers up to a $500 bonus for new customers with qualifying activities. Find out how to get this limited business checking promotion.
Is Chase Business Complete Banking the right choice for you? Here are the benefits and fees you need to know.
Opening a Chase business banking account is easy. Check out what you'll need and your business checking options in this guide.
What is Chase Bank's routing number? It depends on the state. Find the correct routing number for your Chase account (even without a check).
What's the difference between Chase Private Client Checking℠ and Chase Sapphire℠ Banking? Find out which one you can qualify for.
Curious about scoring $600 from Chase? Read on to find out how to qualify and claim a $600 Chase bonus.
Curious if Chase offers a high-yield savings account? Read on to find out.
Looking to open a savings account with Chase? Check out the current rates being offered.
Which Bank Account is Right for You?
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