Account Bonus Amount Expiration Date BMO Smart Advantage Checking $400 Jan. 28, 2026 BMO Smart Money Checking $400 Jan. 28, 2026 BMO Mortgages Up to $500 closing cost discount Dec. 31, 2025 Similar to the BMO Smart Advantage Checking account, you can receive a $400 bonus after completing at least $4,000 in qualifying direct deposits. BMO Promotions and Bonus Offers FAQ Here are the answers to some of the most frequently asked questions about BMO bonus offers.