BMO will pay you $5 to use its mobile banking apps

BMO is the fourth-largest bank in Canada and its latest promotion is aiming to increase the usage of its mobile banking apps.

While this amount of money is certainly not going to give you the freedom to retire, BMO will give you $5 to download and use its mobile apps on three different days. The promo is good between July 5th to July 31st and valid to users who download the BMO Mobile Banking App or the BMO Banking & InvestorLine apps.

The fine print notes, “Receive a $5.00 Cash Bonus when you download and sign-in to mobile banking using the BMO Mobile Banking App or BMO Banking & InvestorLine App to access your bank account(s) using your BMO Debit Card credentials on three (3) different dates between July 5, 2016 and July 31, 2016… The Cash Bonus will be credited to your bank account by August 31, 2016. Your bank account must be in good standing (for example, it cannot be in an unauthorized overdraft) at the time the Cash Bonus is paid to qualify. This offer is only for the customer who received it and it is not transferable. This offer may be changed at any time without notice.”

Mobile payment use continues to increase in Canada

[source] BMO [/source] [via] RFD, iPhoneInCanada [/via]