Intro – BMO Harris Bank Reviews & Ranking
BMO Harris Bank was recently ranked and reviewed by AdvisoryHQ as a top rated bank. Firms on our top rated lists were selected after they successfully passed AdvisoryHQ’s ground-breaking four-step banks and credit unions selection methodology.
Click here for a step-by-step breakdown of the methodology and selection process used during our BMO Harris Bank review: AdvisoryHQ’s Methodology for Selecting Top Banks and Credit Unions.
Below we have provided a detailed review of BMO Harris Bank, including the specific factors we used in our decision-making process.
BMO Harris Bank Review
Established in 1882 as Harris Bank, BMO Harris Bank is now one of the largest banks in the Midwest, working with personal, commercial and high net worth clients.
BMO Harris Bank maintains more than 600 branches and about 1,300 ATMs in Illinois, Wisconsin, Indiana, Kansas, Missouri, Minnesota, Arizona, and Florida.
The core of everything offered by this leader among the best banking firms, is a dedication to creating an excellent customer experience, and building and cultivating strong, long-lasting relationships with the people who do business with BMO Harris.
Key Factors Leading Us to Rank This Firm as One of This Year’s Top Banking Firms
Upon completing our BMO Harris Bank reviews, BMO Harris Bank was included in AdvisoryHQ’s ranking of this year’s best banking firms based on the following factors.
BMO Harris Bank Review: Debit MasterCard Masterpass
BMO Harris offers the Debit MasterCard Masterpass option for Android devices, which makes purchases and transactions as fast, easy and convenient as possible for account holders.
With this option, you download the BMO Harris Bank Masterpass app to your Android device, and money comes directly from your personal checking account. It requires just one tap to complete a transaction.
Using the Masterpass option is fast and convenient, and purchases can be made online, in-app, and in stores.
Photo courtesy of: BMO Harris
BMO Harris Bank Review: Statement Savings
One of the reasons BMO Harris was selected as one of the top banking institutions is because of their broad range of financial products for all needs. For those customers just starting to save, there is the Statement Savings account.
Statement Savings is flexible, offers easy access to money, and also accrues interest.
A low minimum amount is required to open this account, and it can be linked with Auto Save to make it easier to start effortlessly saving more money. Interest rates are variable, so participants earn more over time to reach their savings and financial goals, and you can access your cash whenever you need it.
The Statement Savings account can also be linked to a personal checking account, which helps customers avoid overdraft fees if they utilize the Overdraft Funding service from BMO Harris.
BMO Harris Bank Review: BMO Harris Total Look
Total Look is a tool available exclusively through banking with BMO Harris that simplifies how customers manage their money. This financial dashboard streamlines all of a customer’s accounts in one online location, even if they’re not BMO Harris accounts.
It’s all managed in one secure place, with one password.
Users of the Total Look tool can view and manage accounts online, add BMO Harris Credit Cards for monitoring, create a personalized budget, and receive email alerts, so they stay ahead of their finances.
BMO Harris Bank Review: Rewards
Many of the credit cards available from BMO Harris offer rewards. For example, the Platinum Rewards MasterCard® offers two points per $1 spent on gas and grocery, and up to $2,500 in combined spending each calendar quarter. There is also one point given per $1 spent on all other purchases.
With this card, users get 10,000 bonus points when they spend $1,000 in the first three months after opening their account.
The Premium Rewards MasterCard® includes three points per $1 spent on dining, hotel and airfare, and one point per $1 spent on all other purchases. Cardholders get 15,000 bonus points when they spend $2,500 in the first three months after opening their account.
With the Cash Back MasterCard®, customers receive 2% cash back on gas and grocery purchase, and a $100 cash back bonus when they spend $1,000 in the first three months of opening an account.
In addition to reviewing the above BMO Harris Bank review, you can click on any of the links below to browse exclusive reviews of AdvisoryHQ’s top rated banking & credit union firms:
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