How do I access my BMO savings account online?

You can access your savings account online using BMO's secure web portal, Online Banking.

Are there monthly account fees for BMO savings accounts?

No, there are no monthly account fees with BMO savings accounts.

How much money do I need to keep in my account to earn interest?

There's generally no minimum balance required in your account to begin earning interest. You can have as little or as much in your BMO savings account as you want. However, for the BMO Savings Builder Account, you'll need to add a minimum of $200 per month to earn the bonus interest rate.

When do I get paid the money I earn from the interest rate in my savings account?

Interest is paid monthly on the last business day of the month and is paid in the currency which your savings account uses.

How many transactions can I make per month with a BMO savings account?

You can make as many transfers as you like per month using your BMO savings account. Just be mindful that some accounts will charge you a transaction fee if you go above a limit. It's important to check the details of the BMO savings account you're signing up for to see how many free transactions you can make before you have to start paying.

What BMO chequing accounts exist?

To learn more about BMO chequing accounts, read our comparison guide here .

Can I add a BMO savings account to a BMO Family Bundle?

Both the Canadian and U.S dollar Premium Rate Savings accounts are eligible to be added to a BMO Family Bundle, allowing you to save on fees.

James Wan

Writer

James Wan was a writer for Finder. James graduated with a Communications Degree with a Minor in Journalism from Simon Fraser University and also received his Marketing Management Diploma from the British Columbia Institute of Technology shortly after.