U.S. Bank vs BMO

U.S. Bank is a big national bank with wide array of services and many account options. How does it compare to BMO? Read our comparison chart below.

U.S. Bank has over 2,900 branches across 27 states. It has somewhat high minimum balance requirements to waive monthly checking account service fees. Their promotional CD Special offers high interest rates with a $1,000 minimum opening deposit.

While 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.

Compare U.S. Bank with BMO, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	U.S. Bank	BMO
	Member FDIC	Member FDIC
	Learn More	Visit Site
	U.S. Bank	BMO
	SPECIAL OFFER Platinum Business Money Market Account - Up to 4.00% Bonus Interest Rate Read U.S. Bank Review	SPECIAL OFFER BMO Smart Advantage Checking Account - Earn $350 Cash Bonus* - Learn More Read BMO Review
	Benefits and Features
Savings	Bank Smartly® Savings: Minimum deposit $25. Monthly maintenance fee $5, unless you have a Bank Smartly® Checking or Safe Debit account, or for accounts with a minor under the age of 18.	0.01% APY. $5 reward every month you save $200 or more, for the first year.
CD	Standard Term CD: 0.05% - 0.25% APY. Terms ranging from 1 month - 60 months. Minimum deposit of $500. Maximum deposit $250,000.	0.05% - 3.00% APY. Terms of 3 months to 5 years. $1,000 minimum opening deposit.
Checking	Smartly Checking	Smart Advantage, Smart Money, Relationship
Money Market	0.01% - 0.25% APY, depending on amount. Minimum opening deposit $100. Monthly maintenance fee is $10 unless you open a U.S. Bank Smartly Checking account and enroll in the Smart Rewards® Primary tier or above, or maintain a $10,000 minimum daily balance.	0.80% APY. $25 minimum opening deposit. $10 monthly fee, waived with a $5,000 minimum daily balance.
Mobile App	iOS & Android
ATMs	4,700+ U.S. Bank ATMs across the country	40,000+ BMO and Allpoint ATMs
Customer Service	24/7 Live Customer Service (Telephone)	Mon-Fri: 7am - 10pm (CT); Sat-Sun 8am - 8pm
IRA CD		0.05% - 1.25% APY. Terms of 3 months to 5 years. $1,000 minimum opening deposit
IRA Money Market	Minimum opening deposit of $100 or $25 automatic monthly deposit. No monthly maintenance fees.	IRA Premium Savers: $100 minimum opening deposit. No monthly maintenance fee
Locations	2,900+ branches	981 branches
	CreditDonkey® Reviews

Savings
CD
Checking
Money Market
Mobile App
Customer Service
Pros & Cons	Pros: Promo CD with high APY Free student account 24/7 customer service Cons: Low standard savings APY	Pros: Free checking with eStatements Large ATM network Good financial tools Cons: Limited branches Low savings APY
Bottom Line	Big national bank with wide array of services and many account options... Read full review	Midwest bank with options for low and high-balance customers... Read full review
	Learn More	Visit Site
		BMO Smart Advantage Checking Account - Earn $350 Cash Bonus* BMO Smart Money Checking Account - Earn $350 Cash Bonus* Savings Account - Up to $60 Bonus
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. U.S. Bank: Pricing information from published website as of 02/15/2025 based on 91107 zip code. BMO: Pricing information from published website as of 03/18/2025 based on 60603 zip code.

Member FDIC

Platinum Business Money Market Account - Up to 4.00% Bonus Interest Rate

Receive a bonus interest rate up to 4.00% from the account opening date when you open a new Platinum Business Money Market Acccount and complete qualifying activities, subject to certain terms and limitations. Member FDIC.

Standard variable interest rates are determined at the bank's discretion and are subject to change at any time without notice. Speak to a banker for current deposit rates, disclosures on rates, compounding and crediting and other balance information. The minimum deposit required to open a Platinum Business Money Market account is $100.

The special interest rate is limited to Business Platinum Money Market account only. Open a new U.S. Bank Platinum Business Money Market account and receive the special interest rate from the account opening date. Special interest rates may change at any time without notice.
The special interest rate will be 4.00% when your account balance tier is between $25,000 to $2,999,999.99.

The special interest rate does not apply for Platinum Business Money Market accounts with balances outside of the balance tier stated above. The full account balance will earn the standard variable interest rate in effect at that time until the account balance falls within the special rate balance tier.

Interest and Fee Information: You must maintain the minimum balance needed for each tier to earn the special interest rate. Interest will be compounded daily and credited to your account monthly at the end of the statement cycle. Fees could reduce earnings on the account. Other restrictions may apply.

Get Deal

Member FDIC

BMO Smart Advantage Checking Account - Earn $350 Cash Bonus*

$350 cash bonus* when you have a cumulative total of $4,000 in qualifying direct deposits within 90 days of account opening between 2/4/25 - 5/2/25. *Conditions Apply. Accounts are subject to approval and available in the U.S. by BMO Bank N.A. Member FDIC

Get Deal

Expires 5/2/2025

Member FDIC

BMO Smart Money Checking Account - Earn $350 Cash Bonus*

Get Deal

Expires 5/2/2025

Which is Better: U.S. Bank or BMO?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing U.S. Bank or Chase.

In short: U.S. Bank's customer service is notable. BMO's checking is notable.

Articles on U.S. Bank

U.S. Bank Review

Weighing up on banking with U.S. Bank? This comprehensive review covers its pros, cons and how it stacks up against other banks.

U.S. Bank Savings Account Interest Rate

U.S. Bank offers a beginner-friendly savings account with a decent APY if you qualify for relationship rates. Is it worth it? Read on to find out.

Who Owns U.S. Bank

U.S. Bank is owned by its multiple institutional and individual shareholders. If you're curious about its safety, read on to learn more.

U.S. Bank Silver Business Checking Minimum Balance

Does U.S. Bank Silver Business Checking have a minimum balance? Nope! Sounds great, but see if it checks all your boxes.

U.S. Bank Silver Business Checking Fees

Is U.S. Bank Silver Business Checking really free? Here are all the fees you need to know.

U.S. Bank Business Checking Requirements

Opening a U.S. Bank business checking account can be fast and easy. Most allow online application and require fewer documents than other banks.

U.S. Bank Problems

U.S. Bank may be one of the best-established banks in the U.S. But it's not exactly problem-free. Here's what you may encounter.

Chase vs U.S. Bank Business Account

U.S. Bank offers a free business checking account, while Chase offers more features. Which is better? Find out here.

U.S. Bank Checking Bonus

Get a bonus when you open a new account with U.S. Bank. Learn more about their bonuses to kick-start your banking journey.

U.S. Bank Business Checking Bonus

Boost your business with a business checking bonus from U.S. Bank. Learn how to make the most out of this offer.

U.S. Bank Routing Number

To transfer money in or out of your U.S. Bank checking or savings account, you'll need the right routing number. Find your U.S. Bank routing number below.

Articles on BMO

BMO Review

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.

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BMO Routing Number

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.

Who Owns BMO

BMO is a publicly-traded company with significant institutional investors. These include several well-known Canadian asset management firms and banks.

Is BMO an Ethical Bank

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.

BMO Relationship Minimum Balance

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 Bank

Is BMO a good choice for your banking needs? Find out here.

Is BMO a Safe Bank

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.

What is BMO

BMO Harris is now BMO. But are they a legit bank? Find out if you should bank with them.

BMO Smart Money vs Smart Advantage

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.

Is BMO a Real Bank

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.

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U.S. Bank vs BMO

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