Overdraft Protection Services and Additional Products

New Optional Overdraft Protection Services cannot be added to the BMO Harris Smart Money^TM Account after 6/12/21.

Overdraft protection is the kind of service you rarely think about until the moment you need it. For example, you might forget to transfer funds to pay your bills, or just lose track of the balance in your account.

You may avoid paying overdraft and item returned fees and enjoy peace of mind with BMO Harris Overdraft Protection Services. We offer two Overdraft Protection Services:

1. Overdraft Funding — transfers funds from a linked deposit account
2. Overdraft Protection Line of Credit — transfers funds from a line of credit

Both services may help meet your needs, and you only pay for them when you use them. These Overdraft Protection Services can transfer funds to pay checks, ACH, bill payments, transfers, ATM and everyday debit card transactions.

It's important to realize that although Overdraft Protection Services have fees associated with their use, they can be invaluable in certain circumstances and may be less expensive than overdraft and item returned fees. Best of all, it costs nothing to keep them available, just in case you need them.

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Compare Overdraft Protection Services and Additional Products

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	Overdraft Funding, footnote 4	Overdraft Protection Line of Credit
How it works	Money is transferred automatically from your linked BMO Harris savings, money market or other checking account Transfers are subject to funds availability and transfer limitations	Your line of credit is accessed automatically in increments of $10 to cover the overdrawn amount up to your available credit limit You must apply and be approved for the Overdraft Protection Line of Credit
What it costs, footnote *	$10 Overdraft Funding Transfer Fee One fee per transfer; one transfer per business day, footnote 5 The Overdraft Funding Transfer Fee is included in the amount transferred if there are sufficient available funds This fee is waived for transfers into BMO Harris Premier™ Account, BMO Harris Portfolio Checking® and Wealth Checking accounts	$10 Advance Fee One fee per advance; one advance per business day, footnote 5 This fee is waived for transfers into BMO Harris Premier™ Account, BMO Harris Portfolio Checking® and Wealth Checking accounts A fixed 18% Annual Percentage Rate (APR) applies to outstanding balances $15 Late Payment Fee
This service may be a good option if	You have another BMO Harris personal deposit account that you want us to link to your checking account	You don't have another BMO Harris deposit account, don't want to link to one or want a service in addition to Overdraft Funding You prefer the flexibility and convenience of a line of credit
Next steps	You can arrange for Overdraft Funding by speaking with a BMO Harris Banker today	An Overdraft Protection Line of Credit requires an application, which you may complete in person at a branch or over the phone

Overdraft Funding, footnote 4	Overdraft Protection Line of Credit
How it works
Money is transferred automatically from your linked BMO Harris savings, money market or other checking account Transfers are subject to funds availability and transaction limits	Your line of credit is accessed automatically in increments of $10 to cover the overdrawn amount up to your available credit limit You must apply and be approved for the Overdraft Protection Line of Credit
What it costs, footnote *
$10 Overdraft Funding Transfer Fee One fee per transfer; one transfer per business day, footnote 5 The Overdraft Funding Transfer Fee is included in the amount transferred if there are sufficient available funds This fee is waived for transfers into BMO Harris Premier™ Account, BMO Harris Portfolio Checking® and Wealth Checking accounts	$10 Advance Fee One fee per advance; one advance per business day, footnote 5 This fee is waived for transfers into BMO Harris Premier™ Account, BMO Harris Portfolio Checking® and Wealth Checking accounts A fixed 18% Annual Percentage Rate (APR) applies to outstanding balances $15 Late Payment Fee
This service may be a good option if
You have another BMO Harris personal deposit account that you want us to link to your checking account	You don't have another BMO Harris deposit account, don't want to link to one or want a service in addition to Overdraft Funding You prefer the flexibility and convenience of a line of credit
Next steps
You can arrange for Overdraft Funding by speaking with a BMO Harris Banker today	An Overdraft Protection Line of Credit requires an application, which you may complete in person at a branch or over the phone

, footnote * Even if your account has an Overdraft Protection Service, the fees listed on the Fees tab for overdrawing your account still apply if you do not have sufficient available funds or credit availability for us to make a transfer or an advance. If you have Overdraft Funding, the fees listed on the Fees tab also apply if you don't have sufficient available funds to pay the Overdraft Funding Transfer Fee or if we are unable to transfer funds for all items that overdraw the account due to the transfer limitations. If you have an Overdraft Protection Line of Credit and do not have sufficient credit availability to cover an item(s), the item(s) will be returned, and Item Returned Fees would apply.^{, footnote 1}

Additional Products

BMO Harris Smart Money^TM Account

If you don’t want to incur overdraft and item returned fees on your account, consider the BMO Harris Smart Money^TM Account. When you have a BMO Harris Smart Money^TM Account, we will return as unpaid items that overdraw this account and you will not be charged a fee, and will decline ATM and everyday debit card transactions that would overdraw it. If we are unable to return an item that overdraws your account, we will use our discretion to pay it and you will not be charged a fee.

Overdraft Program for ATM and Everyday Debit Card Transactions^{, footnote *}Overdraft Program for ATM and Everyday Debit Card Transactions, footnote *

By opting in to this Program, you authorize us to use our discretion to pay ATM and everyday debit card transactions that would overdraw your account.

If you do opt-in, and we use our discretion to pay those transactions, the Overdraft Fee described on the Fees tab will apply to the transactions.^{, footnote 6}

You can opt-in to the Overdraft Program for ATM and Everyday Debit Card Transactions or revoke your election at any time by calling 1‐888‐340‐2265, coming in to any branch and talking with a BMO Harris Banker, or logging in to BMO Digital Banking and modifying the overdraft preferences on your account.

^{Footnote * details,} This Program is not available for the BMO Harris Smart Money^TM Account.

Fees Associated with Overdrawing Your Account^{, footnote *}Fees Associated with Overdrawing Your Account, footnote *

Overdraft Fee: You will be charged a $36 fee for each item we pay (regardless of the amount of the item) when your account is overdrawn more than $50 after all items are posted to the account. We will charge a maximum combined total of three (3) Overdraft Fees and/or Item Returned Fees (NSF) per business day.^{, footnote 5} This fee does not apply to ATM and everyday debit card transactions unless you authorized us to pay them. This fee does not apply to bank fees and service charges that overdraw your account.

Item Returned Fee (NSF fee): You will be charged a $36 fee each time we return an item unpaid because your account does not have sufficient available funds to pay the item. This fee does not apply to declined ATM and everyday debit card transactions. We will charge a maximum combined total of three (3) Overdraft Fees and/or Item Returned Fees (NSF) per business day.^{, footnote 5}

^{Footnote * details,} These fees do not apply to the BMO Harris Smart Money^TM Account.