BMO Savings Amplifier Account

Savings

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BMO Savings Amplifier Account

BMO · Savings

Up to 5%

Interest rate

Monthly fee

BMO's high-interest savings account with a 120-day promo rate.

Interest rate

5% promotional (120 days)

0.45% regular rate

Key features

Promotional rate for the first 120 days
No monthly fee
Free self-serve transfers to your other BMO accounts
CDIC insured

Interest Rate

The BMO Savings Amplifier Account is currently paying a total of 5.000% for the first 120 days on new accounts opened online. That figure combines a 0.450% posted rate with a 4.550% 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, now 0.450%.

Keep in mind that BMO refreshes this promotion monthly, so the headline rate can shift from one month to the next.

Fees

There's no monthly fee on the BMO Savings Amplifier Account.

Self-serve transfers to your other BMO accounts are free.

Account Features

The Savings Amplifier is BMO's high-interest savings account, and the promotional rate is its main draw.

You'll pay no monthly fee, and self-serve transfers to your other BMO accounts are free.

Deposits are eligible for CDIC coverage.

Legal Disclaimers

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.

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