Rate option 1
0.01%
- Compounding
- Monthly
- Calculation
- Daily Closing Balance
Savings Account
CAD
CDIC Insured
BMO Bank of Montreal
BMO Premium Rate Savings Account
A flexible, convenient account that pairs seamlessly with a chequing account in one plan. Includes full access to your funds.
Interest rate
0.01%
Monthly fee
No monthly fee
Transactions
Not listed
Minimum deposit
$0
EARNINGS
Rates and interest details
COSTS
Fees and account limits
Monthly feeNo monthly fee
Fee-waiver balanceNot listed
Minimum deposit$0
Maximum depositNot listed
Included transactionsNot listed
Bundled productNot specified
Detailed fee schedule
| Fee | Amount | Frequency or allowance | Additional use |
|---|---|---|---|
| Per-Transaction FeeTransaction fees are based on your connected Bank Plan limits. | - | Per Use | - |
ACCOUNT EXPERIENCE
Features and benefits
Online and Mobile Banking
Set up, track, and reach goals with the BMO Savings Goals mobile feature. Can be added to any bank plan to share monthly fees.
CDIC Insured
Eligible for CDIC Insurance.
WHO CAN APPLY
Eligibility and access
Minimum ageNot specified
AvailabilityAvailable nationally
Mobile appYes
Online bankingYes
Branch accessNot specified
CDIC Insured: Eligible for CDIC Insurance.
COVERAGE
Registration, networks and availability
Registration options
- NONREGNon-Registered
IMPORTANT INFORMATION
Terms and disclosures
Rates, fees, eligibility requirements and promotional terms can change. Confirm all current details directly with BMO Bank of Montreal before opening the account.