Up to 4.65%
Interest rate
$0
Monthly fee
BMO's high-interest savings account with a 120-day promo rate, and the savings leg of the $900 bundle.
The BMO Savings Amplifier Account is currently paying a total of 4.650% for the first 120 days on new accounts opened online. That figure combines a 0.500% posted rate with a 4.150% promotional boost.
The promotional rate applies to balances up to $1 million.
Once the 120 days are up, the account reverts to the posted rate of around 0.500%.
Keep in mind that BMO refreshes this promotion monthly, so the headline rate can shift from one month to the next.
There's no monthly fee on the BMO Savings Amplifier Account.
The account includes one free transfer per month to another BMO account.
The Savings Amplifier is BMO's high-interest savings account, and the promotional rate is its main draw.
It also plays a supporting role in BMO's Summer 2026 chequing offer, as opening a Savings Amplifier with a savings goal is one of the requirements for the full bonus of up to $900.
You'll pay no monthly fee, and you get one free transfer per month to another BMO account.
Deposits are eligible for CDIC coverage.
Terms and conditions apply. The information for the BMO Savings Amplifier Account has been collected independently by Prince of Travel and is not provided or reviewed by BMO. Offers, rates, and fees are subject to change — always confirm details on the financial institution's website before applying.
Last updated: July 8, 2026
Savings