[BMO] Savings Builder Account Earn 2.5% interest until June 30
Savings Builder Account
Save $200 or more each month. Earn a great bonus rate. Repeat monthly.
The BMO Savings Builder Account gets you:
0.30%
Base interest rate
+
1.00%
Bonus interest rate (with a monthly balance increase of $ 200 or more each month)
+
1.20%
Limited time
Bonus interest rate offer until June 30th, 2015 (with a monthly balance increase of $200 or more each month)
= 2.50% interest
TERMS AND CONDITIONS:
1. The base interest rate applies to the entire balance in a Savings Builder Account (“Account”). You will earn bonus interest on your Account balance up to $250,000.00, each month in which you increase your monthly Account balance by $200.00 or more. To determine if you are eligible for bonus interest in a month, we will calculate the difference between the closing balance on the last business day of the previous month and the closing balance on the last business day of the current month (excluding base interest from the current month, bonus interest credited from the previous month and any withdrawal or transfer fees); that difference must be at least $200.00. The base interest is calculated on the daily closing balance and paid monthly on the last business day of the month. The bonus interest is calculated on the daily closing balance and paid monthly on the second business day of the following month.
The bonus interest is calculated from the first business day of the month, regardless of which day you qualified for bonus interest. The base interest rate and bonus interest rate each may be changed at any time without notice. Current interest rates are available at BMO branches where accounts are serviced, at bmo.com/rates and by calling 1-877-225-5266.
2. We may change the monthly Account balance increase amount required to earn Bonus Interest at any time.
3. Interest is calculated on the daily account closing balance and paid monthly on the last business day of the month. Interest is paid in the same currency as the account. Interest rates are calculated on a per annum basis. Interest rates and balance tiers are subject to change without advance notice. Interest rates are available online at bmo.com/rates, on display at all BMO branches where personal accounts are serviced and by calling 1-877-225-5266.
4. You are only allowed one Savings Builder Account in your name, regardless of whether the Account is single, ‘in trust’ or held jointly.
5. When comparing the BMO Savings Builder Account with other savings accounts available on the public websites of CIBC, TD Canada Trust, RBC Royal Bank, Scotiabank,Tangerine, PC Financial as of March 1, 2015.
Save $200 or more each month. Earn a great bonus rate. Repeat monthly.
The BMO Savings Builder Account gets you:
0.30%
Base interest rate
+
1.00%
Bonus interest rate (with a monthly balance increase of $ 200 or more each month)
+
1.20%
Limited time
Bonus interest rate offer until June 30th, 2015 (with a monthly balance increase of $200 or more each month)
= 2.50% interest
TERMS AND CONDITIONS:
1. The base interest rate applies to the entire balance in a Savings Builder Account (“Account”). You will earn bonus interest on your Account balance up to $250,000.00, each month in which you increase your monthly Account balance by $200.00 or more. To determine if you are eligible for bonus interest in a month, we will calculate the difference between the closing balance on the last business day of the previous month and the closing balance on the last business day of the current month (excluding base interest from the current month, bonus interest credited from the previous month and any withdrawal or transfer fees); that difference must be at least $200.00. The base interest is calculated on the daily closing balance and paid monthly on the last business day of the month. The bonus interest is calculated on the daily closing balance and paid monthly on the second business day of the following month.
The bonus interest is calculated from the first business day of the month, regardless of which day you qualified for bonus interest. The base interest rate and bonus interest rate each may be changed at any time without notice. Current interest rates are available at BMO branches where accounts are serviced, at bmo.com/rates and by calling 1-877-225-5266.
2. We may change the monthly Account balance increase amount required to earn Bonus Interest at any time.
3. Interest is calculated on the daily account closing balance and paid monthly on the last business day of the month. Interest is paid in the same currency as the account. Interest rates are calculated on a per annum basis. Interest rates and balance tiers are subject to change without advance notice. Interest rates are available online at bmo.com/rates, on display at all BMO branches where personal accounts are serviced and by calling 1-877-225-5266.
4. You are only allowed one Savings Builder Account in your name, regardless of whether the Account is single, ‘in trust’ or held jointly.
5. When comparing the BMO Savings Builder Account with other savings accounts available on the public websites of CIBC, TD Canada Trust, RBC Royal Bank, Scotiabank,Tangerine, PC Financial as of March 1, 2015.