BMO - Complete Company Profile

BMO is a Finance company. BMO is a financial institution that provides a wide range of banking and financial services to individuals and businesses. They offer personal and business banking, credit cards, loans, investments, insurance, and more. BMO has a strong presence in Canada and the US, with a focus on helping customers achieve their financial goals. BMO offers 7 products: BMO Digital Banking, Credit Cards, Premier Services, Loans & Lines of Credit, Investing & Retirement, Bank Accounts (Checking & Savings), Mortgages.

BM

Bank of Montreal offers a range of personal banking services including checking and savings accounts, credit cards, loans, mortgages, and investment options.

BMO is a financial institution that provides a wide range of banking and financial services to individuals and businesses. They offer personal and business banking, credit cards, loans, investments, insurance, and more. BMO has a strong presence in Canada and the US, with a focus on helping customers achieve their financial goals.

About BMO

BMO is a Finance company serving global markets. BMO is a financial institution that provides a wide range of banking and financial services to individuals and businesses. They offer personal and business banking, credit cards, loans, investments, insurance, and more. BMO has a strong presence in Canada and the US, with a focus on helping customers achieve their financial goals.

Company Details

Niche

Finance

What BMO Offers

7 products and services

BMO Digital Banking

BMO Digital Banking is an online and mobile banking platform that allows customers to manage their finances securely and conveniently...

Online and mobile account management
Bill pay with automatic and scheduled payments

Credit Cards

BMO offers a range of Mastercard® credit cards designed to match different spending styles, including options for cash back, rewards...

Premier Services

BMO Premier Services is a personalized banking and investment offering designed for clients who have achieved a level of financial...

Concierge-level, 1:1 personalized banking service
Comprehensive financial planning and investment guidance

Loans & Lines of Credit

BMO offers a variety of loans and lines of credit to help customers achieve their financial goals, such as purchasing...

Investing & Retirement

BMO's Investing & Retirement offering provides a range of investment and retirement account options, including FDIC-insured IRAs, IRA Certificates of...

FDIC-insured IRA accounts for retirement savings
IRA Certificates of Deposit (CDs) with fixed interest rates and terms from 3 months to 5 years

Bank Accounts (Checking & Savings)

BMO offers a range of checking and savings accounts designed to help customers manage daily transactions, save money, and make...

Open accounts online in minutes
Digital banking via web and mobile app

Mortgages

BMO offers a range of mortgage solutions for buying a first home, purchasing additional properties, or refinancing existing mortgages. Customers...

Fixed rate mortgages for predictable payments
Adjustable rate mortgages for potential short-term savings

Company Information

Enriched company details and information

Description

Bank of Montreal offers a range of personal banking services including checking and savings accounts, credit cards, loans, mortgages, and investment options.

What They Do

Provided personal banking, business banking, wealth management, commercial banking, capital markets, and global asset management services.

Who They Serve

Individual consumers, businesses, and institutional clients.

Key Value Propositions

Wide range of banking products including checking and savings accounts, credit cards, and loans.
Online and mobile banking services.
Financial resource hub for investing and retirement.
Competitive rates and offers for a variety of banking services.

Target Customers

Individuals
Businesses
Institutions

Industries Served

Banking
Financial Services

Contact Information

API Information

Products & Offerings

Detailed information about BMO's products and services. Each offering is enriched with AI-powered insights to help you understand capabilities, features, and use cases.

BMO Digital Banking

BMO Digital Banking enables customers to safely and easily manage their banking online or on their mobile device. It provides access to a wide range of banking services, including account management, bill pay, money transfers (including Zelle®), mobile check deposit, and financial management tools like BMO Total Look and BMO Savings Goals.

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Product Overview

BMO Digital Banking is an online and mobile banking platform that allows customers to manage their finances securely and conveniently from anywhere, at any time. It offers a suite of features including account management, bill payments, money transfers, mobile check deposit, and financial management tools, all designed to put users in control of their banking experience.

Detailed Description

BMO Digital Banking enables customers to safely and easily manage their banking online or on their mobile device. It provides access to a wide range of banking services, including account management, bill pay, money transfers (including Zelle®), mobile check deposit, and financial management tools like BMO Total Look and BMO Savings Goals.

Key Features

  • Online and mobile account management
  • Bill pay with automatic and scheduled payments
  • Spending analysis and money management tools
  • Paperless statements for all or selected accounts
  • Send, request, and receive money with Zelle® (no BMO fees)
  • Internal and external account transfers (no BMO fees)
  • Mobile check deposit via app
  • FundsNow for immediate access to eligible check deposits (fee applies)
  • Mobile wallet integration (Apple Pay, Android Pay, Samsung Pay)
  • Customizable mobile alerts
  • Credit score monitoring with BMO CreditView

Key Benefits

  • Manage all accounts and cards from any device
  • Bank anytime, anywhere—no need to visit a branch
  • Enhanced security and fraud protection
  • Save time with online and mobile features
  • Paperless statements and account management
  • Immediate access to funds with eligible mobile deposits (FundsNow)
  • No-fee access to credit score (BMO CreditView)
How It Works
1.Sign up for BMO Digital Banking online or via the mobile app
2.Log in to manage accounts, pay bills, transfer money, and access financial tools
3.Download the BMO Digital Banking App for iOS or Android for mobile access
4.Use features like Zelle®, Mobile Deposit, and FundsNow as eligible
Documentation
View Documentation
Who Is It For
  • Personal banking customers
  • Small business customers
  • Anyone with a BMO checking, savings, money market, mortgage, line of credit, or loan account
  • U.S. residents (with U.S. address and eligible accounts)
Requirements
  • Must be 18 years of age or older for certain features (e.g., External Transfers)
  • Must have a BMO checking, savings, money market, mortgage, line of credit, or loan account
  • Must have a U.S. street address on file (P.O. Boxes not eligible for some features)
  • Mobile Deposit requires account open for more than 5 calendar days
Detailed Sections
BMO Online Banking

With BMO Digital Banking, it's easy to do your banking online, anywhere, anytime. Despite how much life has changed recently, you can still safely and easily manage your banking online or on your mobile device. All you need to do is sign up for BMO Digital Banking to get started.

Online banking that works for you

Manage all your accounts and cards from any device, so you're in charge of your finances. Bank wherever and whenever it’s convenient for you – day or night, without needing to go in to a branch. Bank with confidence knowing our priority is keeping your financial and personal data safe.

  • Manage all your accounts and cards from any device
  • Bank anytime, anywhere
  • Safe and secure banking
We designed our features with you in mind

Pay your bills, manage your accounts, go paperless, move your money, and bank on your smartphone. Stay on top of payments by paying your bills online. It’s fast, simple and secure.

  • Set up automatic payments
  • Schedule payments in advance
  • Analyze your spending habits

Simplify your banking with BMO Total Look, an all-in-one money management tool.

  • Manage all your accounts in one secure location – even if they’re not with BMO
  • Create a personalized budget in minutes
  • Track your spending and categorize transactions automatically
  • Use BMO Savings Goals to set up, track and reach financial milestones

Save time by making the switch to paperless statements.

  • Access your bank statements online in one central location
  • Update your account preferences online to switch to paperless statements
  • Switch all of your accounts to paperless statements, or choose specific accounts

Send and receive money, move money between accounts, and deposit checks from your smartphone.

  • Send, request and receive money from friends and family with Zelle® (no user fees from BMO)
  • Move money between your BMO accounts with internal transfers
  • Transfer money to and from external accounts for free
  • Deposit checks directly from your smartphone with Mobile Deposit
  • Save on interest and pay off credit cards quickly with a credit card balance transfer

The BMO Digital Banking app puts control of your money in the palm of your hand.

  • Quickly and securely access your account with Touch ID® and Face ID®
  • Deposit checks by taking a picture (Mobile Deposit)
  • Immediate access to funds from eligible checks with FundsNow
  • Make payments by adding BMO cards to Apple Pay, Android Pay, or Samsung Pay
  • Manage mobile alerts for account activity
  • No-fee, no-impact access to your credit score with BMO CreditView
Your security is our priority

We protect your assets and information with multiple security features.

  • Best-in-class firewall and email strengthening programming
  • Industry leading security software
  • Digital Banking Guarantee ensures you’ll never pay for unauthorized transactions
  • Learn more on our Security Center

Product Overview

BMO offers a range of Mastercard® credit cards designed to match different spending styles, including options for cash back, rewards points, travel, low interest, and credit building. Cards come with various benefits, rewards programs, and features to suit personal and business needs. Applications are open to both U.S. and Canadian customers, subject to eligibility and approval.

Key Benefits

  • Multiple card options to match spending style and financial goals.
  • No annual fee options available.
  • Introductory offers for cash back, points, and balance transfers.
  • Rewards programs with flexible redemption options.
  • Tools for credit building and management.
  • Contactless and digital wallet compatibility.
  • Installment payment plans for large purchases.
Documentation
View Documentation
Who Is It For
  • Individuals seeking cash back, rewards, travel, low interest, or credit-building credit cards.
  • Existing BMO customers (U.S. and Canada) and new customers.
  • Business owners (for business credit cards).
Requirements
  • Personal details (name, address, state of residence, SSN).
  • Income and its source(s).
  • Banking details (bank name, account type).
  • Subject to credit approval and identity verification (per USA Patriot Act).
Supporting Resources
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Premier Services

BMO Premier Services delivers a tailored banking and investment experience for clients with significant assets, offering dedicated professionals, exclusive benefits, and a comprehensive suite of financial solutions.

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Product Overview

BMO Premier Services is a personalized banking and investment offering designed for clients who have achieved a level of financial success requiring a higher standard of attention and guidance. It provides access to a Senior Premier Relationship Manager and a BMO Investment Services Financial Advisor to help clients make key decisions and achieve their financial goals through a full suite of banking and investment products.

Detailed Description

BMO Premier Services delivers a tailored banking and investment experience for clients with significant assets, offering dedicated professionals, exclusive benefits, and a comprehensive suite of financial solutions.

Key Features

  • Concierge-level, 1:1 personalized banking service
  • Comprehensive financial planning and investment guidance
  • Exclusive access to BMO Relationship Checking account packages
  • Enhanced purchasing power with a range of BMO credit cards (travel rewards, cash back, low interest)
  • Access to specialized mortgage and home equity lending teams
  • Interest rate discounts and annual fee waivers on Home Equity Line of Credit and mortgage loans (with qualifying balances and Auto Pay)
  • Personalized investment solutions including financial planning, advisory, brokerage, and insurance

Key Benefits

  • Dedicated Senior Premier Relationship Manager as primary point of contact
  • Access to a BMO Investment Services Financial Advisor for comprehensive financial planning
  • Exclusive banking and investment benefits and rewards
  • Personalized roadmap to achieve financial objectives
  • Interest rate discounts and fee waivers on select lending products
  • Enhanced purchasing power with BMO credit cards
Documentation
View Documentation
Who Is It For
  • Individuals and families with deposits and investments equal to or greater than $250,000 at BMO
  • Clients seeking personalized, concierge-level banking and investment services
  • Those looking for a higher standard of financial guidance and exclusive benefits
Requirements
  • Deposits and investments equal to or greater than $250,000 at BMO
  • Initiation of a relationship with a Senior Premier Relationship Manager
Detailed Sections
Personalized Banking Services Designed for You

BMO Premier Services provides a higher standard of attention and guidance for clients who have reached a certain level of financial success.

Why choose BMO Premier Services

Clients benefit from a Senior Premier Relationship Manager and a BMO Investment Services Financial Advisor, offering a full suite of banking and investment products.

  • We seek to learn the needs of you and your family to help you along your financial journey.
  • We help you create a roadmap to define and achieve your financial objectives.
  • We provide exclusive benefits that recognize and reward you for your business with us.
Premium banking services

Exclusive banking experience and expert advice, access to BMO Relationship Checking, and enhanced purchasing power with BMO credit cards.

  • Exclusive banking experience and expert advice from a Senior Premier Relationship Manager.
  • Upgrade your checking benefits via access to the BMO Relationship Checking account packages.
  • Leverage enhanced purchasing power with BMO credit cards.
A consultative approach to borrowing

Access to specialized mortgage and home equity teams, exclusive interest rate discounts, and fee waivers for qualifying clients.

  • Access to a Mortgage & Home Equity Line of Credit processing and underwriting team.
  • Exclusive interest rate discounts across Home Equity Line of Credit with Auto Pay and if certain thresholds are met; annual fee for Home Equity Line of Credit waived.
  • Interest rate discount on a mortgage loan for setting up Auto Pay and a mortgage relationship discount if certain balance thresholds are met.
Personalized investment solutions

BMO Investment Services provides access to investments, financial planning, advisory, brokerage, and insurance solutions.

  • Flexible, customized approach to financial planning.
  • Guidance from a BMO Investment Services Financial Advisor.
  • Advisors recommend solutions aligned with your investment objectives.
  • Customized insurance solutions to help protect your future.
Meet the professionals dedicated to you

Senior Premier Relationship Manager provides 1:1 personalized banking service; BMO Investment Services Financial Advisor guides comprehensive financial planning.

  • Senior Premier Relationship Manager: primary point of contact for everyday banking needs.
  • BMO Investment Services Financial Advisor: provides comprehensive financial planning.
Premier Services FAQs
  • How do I become a Premier Services client? Requirement: $250,000+ in deposits and investments at BMO.
  • What is the cost to be a Premier Services client? No cost; only requirement is relationship initiation and meeting thresholds.
  • Key benefits: Personalized service, enhanced credit card purchasing power, interest rate and fee discounts on select lending products.
Have questions? We’re here to help

Contact options for prospective and current Premier Services clients.

  • Let Us Contact You: Senior Premier Relationship Manager will reach out.
  • Contact Us: Call 1-866-329-0417.
  • Visit Us: Meet with a Senior Premier Relationship Manager at a branch.

Product Overview

BMO offers a variety of loans and lines of credit to help customers achieve their financial goals, such as purchasing a car, renovating a home, consolidating debt, or handling large expenses. The offering includes competitive interest rates, multiple product options, and an easy online application process.

Key Benefits

  • Competitive interest rates
  • Variety of loan and line of credit options
  • Easy and secure online application process
  • Flexible terms and payment structures
  • Support available online, by phone, or in branch
Documentation
View Documentation
Who Is It For
  • Individuals seeking funds for home improvement, large expenses, debt consolidation, refinancing, or building credit
  • Homeowners looking to leverage home equity
  • Customers with established BMO relationships (for certain unsecured products)
  • People looking to establish or improve their credit history
Requirements
  • Personal identification and verification required (per USA Patriot Act)
  • For home equity products: property must be owner-occupied 1-4 family residence
  • For Credit Builder Loan: must secure with a BMO CD; loan term must match CD maturity
Detailed Sections
Loans and Lines of Credit

What’s your dream? Let’s make it possible. Whether you need money to purchase a new car, renovate your home, or handle that large upcoming expense, we can help you get there.

  • Competitive interest rates
  • A variety of options to make sure you get the right loan for you
  • Easy online application process
Browse our featured options

Overview of main loan and line of credit products offered by BMO.

  • Home Equity Line of Credit
  • Home Equity Loan
  • Personal Loans
  • Personal Line of Credit
  • Savings Secured Loans
  • Credit Builder Loan Program
Why a loan from BMO is the right choice
  • Easy, quick application
  • Great rates and flexible terms
  • Support online, by phone, or in branch
Loan or Line of Credit?

Explains the difference between a loan and a line of credit, with a video resource.

  • Personal bank accounts are backed by 100% Electronic Banking Guarantee
  • BMO Alerts for suspicious activity
  • Bank safely from anywhere
Let's crunch the numbers with our calculators
  • Line of Credit Calculator
  • Loans & Line of Credit Calculators
  • Home Equity Loan Payment Calculator
Helpful lending tips and advice
  • What is a Credit Score
  • How to Apply for a Loan
  • What is a Home Equity Loan
Have questions? That’s what we’re here for.

Visit a branch or call for assistance 24/7.

  • Visit a branch
  • Call us (1-888-340-2265)

Product Overview

BMO's Investing & Retirement offering provides a range of investment and retirement account options, including FDIC-insured IRAs, IRA Certificates of Deposit (CDs), and IRA Premium Savers. The offering is designed to help individuals plan and invest for both short- and long-term retirement goals, with options for financial planning, retirement planning, brokerage services, and insurance & risk management.

Key Features

  • FDIC-insured IRA accounts for retirement savings
  • IRA Certificates of Deposit (CDs) with fixed interest rates and terms from 3 months to 5 years
  • IRA Premium Savers account with flexible, self-paced contributions and Auto Save transfers
  • Low minimum opening deposits ($1,000 for IRA CDs, $100 for IRA Premium Savers)
  • Interest earned on IRA CDs is automatically redeposited
  • Access to financial planning, retirement planning, brokerage, and insurance services via BMO Investment Services

Key Benefits

  • Peace of mind with FDIC-insured retirement accounts
  • Flexible contribution options to fit different savings needs
  • Competitive interest rates for retirement savings
  • Automatic savings features to encourage consistent contributions
Documentation
View Documentation
Who Is It For
  • Individuals seeking to save for retirement
  • Customers looking for FDIC-insured retirement accounts
  • People interested in fixed-rate, low-risk retirement savings options
  • Those who want flexible contribution schedules for retirement savings
Requirements
  • Minimum opening deposit of $1,000 for IRA CDs
  • Minimum opening deposit of $100 for IRA Premium Savers
  • Personal identification and information required to open an account (per USA Patriot Act)
  • May require additional documentation for business or entity accounts
Detailed Sections
Invest for today and tomorrow

Overview of BMO's Investing & Retirement offering, focusing on retirement accounts and investment options.

Retirement Accounts

Have peace of mind with FDIC-insured IRA accounts that offer short- and long-term retirement investment options.

IRA Certificates of Deposit (CDs)
  • Lock in a competitive fixed interest rate for terms from 3 months to 5 years
  • Interest earned is automatically redeposited into account
  • Low minimum opening deposit of $1,000
IRA Premium Savers
  • Conveniently make contributions at your own pace
  • Auto Save transfers funds each month from your checking or savings account to your IRA Premium Savers account
  • Low minimum opening deposit of $100

Additional services: Financial Planning, Retirement Planning, Brokerage Services, Insurance & Risk Management.

Supporting Resources

Bank Accounts (Checking & Savings)

BMO's Bank Accounts (Checking & Savings) include multiple options for both checking and savings, each with unique features and benefits. Accounts are FDIC insured and accessible via digital, mobile, and in-branch banking.

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Product Overview

BMO offers a range of checking and savings accounts designed to help customers manage daily transactions, save money, and make real financial progress. The accounts come with digital banking features, security protections, and access to a large ATM network. Promotions and special offers are often available.

Detailed Description

BMO's Bank Accounts (Checking & Savings) include multiple options for both checking and savings, each with unique features and benefits. Accounts are FDIC insured and accessible via digital, mobile, and in-branch banking.

Key Features

  • Open accounts online in minutes
  • Digital banking via web and mobile app
  • Unlimited fee-free transactions at 40,000+ BMO and Allpoint® ATMs in the U.S.
  • Zelle® integration for fast money transfers (checking account required for Zelle®)
  • FDIC insured deposits
  • No-fee money management tool (BMO Total Look)
  • Personalized support (chat, phone, branch)
  • Account protection and digital banking guarantee

Key Benefits

  • No or low monthly maintenance fees on select accounts
  • Unlimited transactions at 40,000+ ATMs nationwide
  • Digital banking for bill pay, transfers, and account management
  • Personalized support via chat, phone, and branch
  • FDIC insurance for deposits
  • Security protections including fraud and cyber security monitoring
  • Promotions and special offers for new and existing customers
Documentation
View Documentation
Who Is It For
  • Individuals seeking daily transactional accounts (checking)
  • Individuals looking to save money for future needs (savings)
  • Customers who want digital and mobile banking access
  • People who value fee-free ATM access
  • Those seeking FDIC-insured deposit accounts
  • Customers in the United States
Requirements
  • Minimum opening deposit of $25 for Savings Builder
  • Personal identification required to open an account (per USA Patriot Act)
  • For Zelle®, a U.S. checking or savings account is required; BMO requires a checking account for Zelle® enrollment
  • Accounts with zero balance may be closed
  • For CDs, funds may not be withdrawn for 15 calendar days after funding (online/phone applications)

Mortgages

BMO Mortgages provide financing options for homebuyers and homeowners looking to purchase, refinance, or invest in residential properties. The offering includes fixed and adjustable rate mortgages, low down payment options, jumbo loans, and specialty programs. Customers can access tools, calculators, and expert support throughout the mortgage process.

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Product Overview

BMO offers a range of mortgage solutions for buying a first home, purchasing additional properties, or refinancing existing mortgages. Customers can benefit from competitive rates, closing cost discounts, and a variety of loan types tailored to different needs, including specialty programs for physicians and cross-border buyers.

Detailed Description

BMO Mortgages provide financing options for homebuyers and homeowners looking to purchase, refinance, or invest in residential properties. The offering includes fixed and adjustable rate mortgages, low down payment options, jumbo loans, and specialty programs. Customers can access tools, calculators, and expert support throughout the mortgage process.

Key Features

  • Fixed rate mortgages for predictable payments
  • Adjustable rate mortgages for potential short-term savings
  • Low down payment mortgage options
  • Jumbo mortgages for high-value properties
  • Investment and multi-family property loans
  • Specialty programs: Construction loans, Physicians’ Mortgage Program, Gateway (cross-border) mortgages
  • Pre-qualification and pre-approval processes
  • Online calculators for payment, affordability, and down payment estimation
  • Automated payment setup (Auto Pay)
  • Online application and support in English and Spanish

Key Benefits

  • Save up to $500 in closing costs for qualifying customers
  • Exclusive rate discounts for BMO customers
  • 0.125% rate discount with Auto Pay from a BMO Checking account
  • Competitive rates and flexible loan options
  • Easy and secure management via BMO Online and Mobile Banking
  • Access to mortgage specialists and dedicated support
How It Works
1.Pre-qualification: Estimate affordability and explore options
2.Application: Submit financial information for a mortgage application
3.Processing: Work with a Mortgage Specialist to gather documentation
4.Underwriting: Financial review to determine creditworthiness
5.Closing: Final approval, funding, and closing costs
Documentation
View Documentation
Who Is It For
  • First-time homebuyers
  • Current homeowners seeking to refinance
  • Buyers of investment or multi-family properties
  • Physicians (specialty program)
  • Canadians purchasing or refinancing U.S. property (cross-border program)
  • Customers seeking low down payment options
  • Customers needing jumbo loans (over $806,500)
Requirements
  • Property insurance required; flood insurance may be required
  • Eligibility for closing cost discount: Conforming loans up to $806,500, 1-4 unit homes, primary/secondary/investment properties
  • Relationship requirement: In certain states, must be a BMO customer for at least six months (see legal for details)
  • Credit approval required
  • For Physicians’ Mortgage Program: Must be a qualified licensed medical doctor, resident, or fellow (excludes NY, investment, and second homes)
  • For Gateway mortgages: Must meet BMO client relationship criteria