Built in Canada
BUILT IN CANADA
A convenient higher interest-bearing business savings account. A great match for your business chequing account, earning interest without locking in your funds.
Earn a promotional rate of 2.85% from March 2, 2026 to June 30, 2026 on new deposits of $10,000+.
| Balance | Standard rate | Boosted rate | Condition |
|---|---|---|---|
| $0 – $9,999.99 | 1.15% | — | Standard eligibility applies |
| $10,000 – $59,999.99 | 1.5% | — | Standard eligibility applies |
| $60,000 – $249,999.99 | 1.75% | — | Standard eligibility applies |
| $250,000 – $499,999.99 | 1.9% | — | Standard eligibility applies |
| $500,000 – $4,999,999.99 | 2% | — | Standard eligibility applies |
| $5,000,000 – $50,000,000 | 2.85% | — | Standard eligibility applies |
| $50,000,000.01+ | 0% | — | Standard eligibility applies |
| Fee | Amount | Frequency or allowance | Additional use |
|---|---|---|---|
| Paper Statement FeeMonthly Paper Statement: $4.00 (eStatements are free). | - | Unlimited | - |
| Per-Transaction FeeWithdrawals/Bill Payments: $5.00. Deposits: $1.25. Items (cheques): $0.20/ea. Notes: $2.25/$1,000. Coin: $2.25/$100. Transfers to BMO accounts: Free. | - | Per Use | - |
$0 monthly fee.
No minimum balance required.
Eligible for CDIC Insurance.
Free monthly eStatements.
CDIC Insured: Eligible for CDIC Insurance.
Rates, fees, eligibility requirements and promotional terms can change. Confirm all current details directly with BMO Bank of Montreal before opening the account.
