Question 1

How much do I need to open a Premier Account?

Accepted Answer

You can open a Premier Account with as little as $25.

Question 2

What is the monthly maintenance fee for the Premier Account? And how can it be waived?

Accepted Answer

The monthly maintenance fee for the Premier Account is $25. But we’ll waive the fee if you meet any of these requirements:•The minimum daily balance in your account is $10,000 or more for the previous calendar month•You have a combined monthly balance of $25,000 or more across eligible deposit accounts for the previous calendar month•You have an active BMO Harris Financial Advisors, Inc. investment account and have requested the waiver from your BMO Harris Banker.7•You’re a client of our employee benefits program, Best of BMO U.S., and have requested the waiver from your BMO Harris Banker.

Question 3

How can I access the BMO Harris Premier Account Relationship Packages?

Accepted Answer

To access the benefits of our tiered packages, you just need a BMO Harris Premier Account. We’ll automatically place you in the right package based on your Quarterly Combined Balance across your eligible BMO Harris accounts.

Question 4

How can I move to a higher Relationship Package?

Accepted Answer

You’ll have the opportunity to move to a different tier every calendar quarter. Your Relationship Package may change on the first day of each subsequent calendar quarter after your (January 1, April 1, July 1, and October 1) when the Quarterly Combined Balance is recalculated for quarterly placement.

Question 5

What happens if I change to a different account or close my Premier Account?

Accepted Answer

Fee rebates: • For account type changes: If a fee was assessed while the account was a Premier Account, you will still receive a rebate. Note: This only applies if the fee was assessed to a Premier Account. • For closed accounts: Fee rebates are applied to the Premier Account. You will not receive a rebate if the account is closed before the rebate is applied on the third business day of the following month. Money market rate increase: • If you close the Premier Account (checking), the Relationship Package interest rate paid on the Premier Money Market account(s) will continue through the end of the calendar quarter.

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