4.50%
Open a new BMO chequing account online and get a bonus up to $800.
CA$0
CA$0
Unlimited self-serve transfers
This account shines for its high promotional interest rate of 4.50% and the absence of monthly fees, making it an excellent choice for those looking to maximize their savings without incurring costs. The combination of these features positions it as a strong contender in the market.
Pros:
- No monthly fees
- High promotional interest rate
Cons:
- Limited branch access
In summary, the BMO Chequing and Savings Amplifier is an ideal option for individuals seeking to grow their savings with a competitive interest rate of 4.50% and no monthly fees, especially those who can take advantage of the generous welcome bonus. It effectively caters to both savers and budget-conscious consumers looking for a hassle-free banking experience.