BMO Savings Amplifier Account
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on BMO's website
Monthly Fee
$0
Promotional interest
5%
4 months
Welcome Offer
Not specified
Account Overview
The BMO Savings Amplifier Account allows you to grow your money with a promotional interest rate of 5.00% for 120 days when you open an eligible BMO chequing account.
No monthly fees and no minimum balance required. Unlimited free self-serve transfers to your other BMO accounts.
After the promotional period, you benefit from a regular rate of 0.50% on every dollar, calculated daily and paid monthly.
Pros & Cons
Pros
- +No monthly fee
- +Promotional rate of 5%
Cons
- –Low regular interest rate
- –ATM fees apply
Account Features
- E-StatementNot specified
- Included transactionsNot specified
- Unlimited Interac e-TransfersNot specified
- ATM Fee (Canada)$5
- NSF Fee$5
Terms and conditions
- Promotional rate of 5.00% for 120 days (when you open an eligible BMO chequing account)
- Regular rate of 0.50% on every dollar
- No monthly fees
- No minimum balance required
- Unlimited self-serve transfers between your BMO accounts
- CDIC protected up to $100,000
Related Accounts
*Conditions apply.
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