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So we have a basic checking account with BMO, which requires you to keep $1000/day in the account or to deposit >$500 in the account per month to avoid a $12.00 service charge. They mean it, a daily balance of $1000 or greater or they'll *** with this service charge on your statement date.

Kinda like saying: if you don't have a *** load of money, we don't even want your business.

Taking $12.00 from someone who doesn't have enough money in their account, or enough deposited in the account is CRIMINAL in this economy. Despite the fact that they take your $$ deposited, pump it into the system, and make $$ off you twice.

Product or Service Mentioned: Bmo Harris Bank Checking Account.

Reason of review: Problems with payment.

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Agreed! BMO inherited my checking account when they swallowed the littler fish that was my bank.

Went from no fee to $7/mo (after I dropped to the most barebones account they offered) to $10 to $12! They're charging over 100% interest for me to use my OWN MONEY!

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