# BMO Bank Review – Good for Free Checking, Not for High Savings Rates

- Source: Money Crashers
- Published: 2026-10-27T01:45:57+00:00
- Category: Markets
- Original: https://www.moneycrashers.com/bmo-bank-review/
- Canonical: https://groundlevelnews.com/story/bmo-bank-review-good-for-free-checking-not-for-high-savings-rates-6ef90c/

Open Smart Advantage Checking at BMO if you want a branch nearby and no monthly fee or minimum balance. Before you keep savings there, compare an online bank, since BMO’s basic savings account pays 0.01% annual percentage yield (APY) and its money market pays its top rates only from $250,000. Source

_Ground Level News shows a short summary only; the full article and all rights belong to Money Crashers._