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HomePersonal BankingWealth ManagementSmall BusinessCommercialCorporate & InstitutionalAbout BMO

Bank Account Interest Rates1

Personal Accounts - Canadian dollars

Smart Saver Account1

Amount Interest Rates
On the balance up to $4,999.99 %
On the entire balance when the balance is $5,000.00 and over %

Premium Rate Savings Account1

Amount Interest Rates
Up to $59,999.992 %
$60,000.00 and over2 %

Primary Chequing Account

No interest is payable on the Primary Chequing Account.

Personal Accounts – U.S. dollars

Premium Rate Savings Account1

Amount Interest Rates
Up to $59,999.992 %
$60,000.00 and over2 %

Primary Chequing Account

No interest is payable on the Primary Chequing Accounts.

Personal Accounts no longer offered3 - Canadian dollars

Interest Chequing Account1

Amount Interest Rates
Up to $4,999.994 %
$5,000.00 - $24,999.994 %
$25,000.00 - $59,999.992 %
$60,000 and over2 %

Business Accounts - Canadian dollars

AgriInvest Account1

Amount Interest Rates
Paid on the entire balance %

Business Premium Rate Savings Account

Amount Interest Rates
Up to $9,999.992 %
$10,000 up to $59,999.992 %
$60,000 up to $249,999.992 %
$250,000 up to $499,999.992 %
$500,000 up to $4,999,999.992 %
$5,000,000 up to $50,000,0002 1.20%
$50,000,000.01+2 No interest is paid

Business Accounts – U.S. dollars

Business Premium Rate Savings Account1

Amount Interest Rates
Up to $59,999.992 %
$60,000.00 up to $500,0002 %
$500,000.01 up to $5,000,0002 %
$5,000,000.01+2 No interest is paid


  1. Interest is calculated on the daily account closing balance, and paid monthly on the last business day of the month. Interest is paid in the same currency as the account. Interest rates shown are calculated on a per annum basis. Interest rates and balance tiers are subject to change without notice. Interest rates are available online at bmo.com/rates, on display at all BMO Bank of Montreal branches where deposit accounts are kept and by calling 1-877-225-5266
  2. Paid on the portion of the balance within this tier
  3. Account no longer offered. This information is for existing account holders only
  4. Paid on the entire balance once the minimum balance is reached
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