BMO Savings Amplifier Account 2026 Review

Interest Rate
4.65%
Monthly Fee
CA$0
Welcome Bonus
$150 cash bonus
Apply Now →on BMO's website
Transaction limit:Unlimited self-serve transfers
Minimum Deposit:CA$0

Annual Percentage Yield (APY):

4.65%

Welcome Bonus: $150 cash bonus

Earn $150 when you open a Savings Amplifier Account and deposit $10,000 or more within 30 days.

Monthly Fee:

CA$0

Minimum Deposit:

CA$0

Transaction Limits:

Unlimited self-serve transfers

What sets the BMO Savings Amplifier Account apart is its high promotional interest rate of 4.65% for the first 120 days, which is particularly beneficial for new customers. Additionally, it has no monthly fees and allows unlimited self-serve transfers, making it a flexible choice for savers.

Pros:

  • High promotional interest rate
  • No monthly fees

Cons:

  • Requires eligible chequing account for promotional rate
learn more about this bank account on BMO's website →

Overall, the BMO Savings Amplifier Account is an excellent option for new savers looking to maximize their returns with a competitive introductory interest rate and no monthly fees. Its flexibility and attractive welcome bonus make it especially suited for those seeking a straightforward savings solution without added costs.

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