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, and the savings leg of the $900 bundle.

Interest rate

5% promotional (4 months)

0.50% regular rate

Key features

Promotional rate for the first 120 days
No monthly fee
1 free transfer per month to another BMO account
CDIC insured

Interest Rate

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.

Fees

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

The account includes one free transfer per month to another BMO account.

Account Features

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.

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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