Best Bank of Montreal Savings Accounts in Canada - November 2026
Compare the top savings accounts from Bank of Montreal.
Our account selection
| Bank account | Monthly fee | Offer and rates | |
|---|---|---|---|
| $0 | |||
| — | |||
| — | |||
| $0 |
BMO Savings Amplifier Account
Total annual rate of 5.00% (0.45% regular plus 4.55% bonus) for the first 120 days on up to $1 million. Open your first Savings Amplifier Account online from November 2 to 30, 2026, within 30 days of opening an eligible primary chequing account.
Available to Canadian residents of the age of majority. Performance, Premium, Blue Rewards, Plus and Practical plans qualify. The regular rate applies after the promotion and to the portion of the balance above the cap. Official offer terms.
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 0.45% on every dollar, calculated daily and paid monthly.
To earn the $200 savings bonus, qualify for the Performance or Premium chequing bonus and open the Savings Amplifier Account by March 1, 2027. Deposit at least $10,000 within 30 days of opening, then maintain a daily balance of at least $10,000 for 180 more days following that initial period. Keep the accounts open until March 1, 2028. BMO cash bonus terms.
- Monthly fee
- $0
- No monthly fee
- Promotional interestPromotional interest : 5%120 daysTotal annual rate of 5.00% (0.45% regular plus 4.55% bonus) for the first 120 days on up to $1 million. Open your first Savings Amplifier Account online from November 2 to 30, 2026, within 30 days of opening an eligible primary chequing account.Rate as of · Checked · Institution source
- 5%
- 120 days
- Regular interestRegular interest : 0.45%Annual rate on the balance.Rate as of · Checked · Institution source
- 0.45%
- Account highlights
- $200 cash
- Ends Mar 1, 2027
on BMO's website
- Monthly fee
- $0
- ATM — other networks in Canada
- $5
- Insufficient funds
- $5
- Regular interest
- 0.45%Annual rate on the balance.Rate as of · Checked · Institution source
- Promotional interest
- 5% · 120 daysTotal annual rate of 5.00% (0.45% regular plus 4.55% bonus) for the first 120 days on up to $1 million. Open your first Savings Amplifier Account online from November 2 to 30, 2026, within 30 days of opening an eligible primary chequing account.Rate as of · Checked · Institution source
Account highlights
$200 cash
Ends Mar 1, 2027
Account details & conditions
- To earn the $200 savings bonus, qualify for the Performance or Premium chequing bonus and open the Savings Amplifier Account by March 1, 2027. Deposit at least $10,000 within 30 days of opening, then maintain a daily balance of at least $10,000 for 180 more days following that initial period. Keep the accounts open until March 1, 2028. BMO cash bonus terms.
- Total annual rate of 5.00% (0.45% regular plus 4.55% bonus) for the first 120 days on up to $1 million. Open your first Savings Amplifier Account online from November 2 to 30, 2026, within 30 days of opening an eligible primary chequing account.
- Regular rate of 0.45% on every dollar
- No monthly fees
- No minimum balance required
- Unlimited self-serve transfers between your BMO accounts
- CDIC protected up to $100,000
BMO U.S. Dollar Premium Rate Savings Account
- Regular interestRegular interest : 0.05%Annual rate on the U.S.-dollar balance.Rate as of · Checked · Institution source
- 0.05%
on BMO's website
- Regular interest
- 0.05%Annual rate on the U.S.-dollar balance.Rate as of · Checked · Institution source
BMO Premium Rate Savings Account
- Regular interestRegular interest : 0.01%Annual rate on the Canadian-dollar balance.Rate as of · Checked · Institution source
- 0.01%
on BMO's website
- Regular interest
- 0.01%Annual rate on the Canadian-dollar balance.Rate as of · Checked · Institution source
BMO Savings Builder Account
- Monthly fee
- $0
- Included transactions
- 1/mo
- Interac e-Transfers
- 1 Interac/mo
See the full account details for services and conditions.
Find the right account for you
Compare the best savings accounts in Canada or explore other segments.