Interest Rate
4.65%
Monthly Fee
CA$0
Welcome Bonus
$150 cash bonus
Apply Now →on BMO's website
Transaction limit:Unlimited self-serve transfers to other BMO accounts
Minimum Deposit:CA$0
Interest Rate:
4.65%
Welcome Bonus: $150 cash bonus
Earn a $150 cash bonus by opening a Savings Amplifier Account and depositing at least $10,000 within 30 days.
Monthly Fee:
CA$0
Minimum Deposit:
CA$0
Transaction Limits:
Unlimited self-serve transfers to other BMO accounts
The BMO Savings Amplifier Account earns a promotional interest rate of 4.65% for the first 120 days, making it a strong contender for those looking to maximize their savings. Additionally, the cash bonus for new customers adds significant value, enhancing its appeal.
Pros:
- Cash bonus for new customers
- No monthly fees
Cons:
- Fees for assisted transactions
Overall, the BMO Savings Amplifier Account is an excellent choice for individuals seeking to grow their savings with a competitive interest rate and no monthly fees. Its attractive welcome bonus makes it particularly suitable for new customers looking to kickstart their savings journey.