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Guaranteed Investment Certificate (GIC) and Term Deposit Rates

BMO Guaranteed Investment Certificate (GIC)

(minimum investment $1,000)

Annual / Annual Compound
Interest Payment Option
$1,000 -
$99,999
$100,000 -
$249,999
$250,000 -
$999,999
1 year - under 18 months % % %
18 months - under 19 months % % %
19 months - under 2 years % % %
2 years - under 3 years % % %
3 years - under 4 years % % %
4 years - under 5 years % % %
5 years - under 6 years % % %
6 years - under 7 years % % %
7 years exactly % % %
10 years exactly % % %

Monthly / Semi - Annual Interest
Payment Option
$1,000 -
$99,999
$100,000 -
$249,999
$250,000 -
$999,999
1 year - under 18 months % % %
18 months - under 19 months % % %
19 months - under 2 years % % %
2 years - under 3 years % % %
3 years - under 4 years % % %
4 years - under 5 years % % %
5 years - under 6 years % % %
6 years - under 7 years % % %
7 years exactly % % %
10 years exactly % % %

If monthly interest payment options chosen, then minimum investment amount required is $5,000.

BMO Cashable RateRiser® GIC

(minimum investment $1,000)

Years of Investment 3 Year
1st Year %
2nd Year %
3rd Year %
Annual Compound Equivalent %

BMO RateRiser® Plus GIC

(minimum investment $1,000)

Years of Investment 2 Year 3 Year 5 Year
1st Year % % %
2nd Year % % %
3rd Year - % %
4th Year - - %
5th Year - - %
Annual Compound Equivalent % % %

BMO RateRiser® Max GIC

(minimum investment $1,000)

Years of Investment 3 Year 5 Year
1st Year % %
2nd Year % %
3rd Year % %
4th Year - %
5th Year - %
Annual Compound Equivalent % %

BMO Short Term Investment Certificate


Term $5,000 -
$24,999
$25,000 -
$99,999
$100,000 -
$249,999
$250,000 -
$499,999
$500,000 -
$999,999
30 - 59 days % % % % %
60 - 89 days % % % % %
90 - 119 days % % % % %
120 - 149 days % % % % %
150 - 179 days % % % % %
180 - 269 days % % % % %
270 - 359 days % % % % %

BMO Redeemable Short Term Investment Certificate


Term $1,000 -
$24,999
$25,000 -
$99,999
$100,000 -
$249,999
$250,000 -
$499,999
$500,000 -
$999,999
364 days % % % % %

BMO RateOptimizer® Plus GIC

(Minimum investment $1,000)

Interest Payment Option Years of Investment Initial Rate Renewal Rate
Annual Compound 5 years % %
Annual Pay 5 years % %
Monthly Pay 5 years % %

During the first year of the investment, the return is based on the “Initial Rate”. In each subsequent year, the return on the investment is based on a “Blended Rate” . The Blended rate is derived from blending the five-year “Renewal Rate” in effect at the anniversary date with the existing rate of the investment.

BMO RateOptimizer® Max GIC

(Minimum investment $1,000)

Interest Payment Option Years of Investment Initial Rate Renewal Rate
Annual Compound 5 years % %
Annual Pay 5 years % %
Monthly Pay 5 years % %

During the first year of the investment, the return is based on the “Initial Rate”. In each subsequent year, the return on the investment is based on a “Blended Rate” . The Blended rate is derived from blending the five-year “Renewal Rate” in effect at the anniversary date with the existing rate of the investment.

BMO AIR MILES®† GIC


Term $5,000 -
$24,999
$25,000 -
$99,999
$100,000 -
$249,999
$250,000 -
$499,999
$500,000 -
$999,999
364 days % % % % %

BMO Variable Rate GIC


Term $5,000 -
$49,999
$50,000 -
$99,999
$100,000 -
$249,999
$250,000 -
$999,999
$1,000,000 -
$10,000,999
364 days % % % % %

BMO Term Deposit Receipt

(minimum investment $1,000)

Term $1,000 -
$10,000
$10,001-
$20,000
$20,001 -
$30,000
$30,001 -
$100,000
$100,001 -
$999,999
1 - 7 days - - - - %
8 - 15 days - - - - %
16 - 22 days - - - - %
23 - 29 days - - - - %
30 - 59 days - % % % %
60 - 89 days - % % % %
90 - 119 days - % % % %
120 - 179 days - % % % %
180 - 269 days - % % % %
270 days - under 1 year - % % % %
1 year - under 2 years % % % % %
2 years - under 3 years % % % % %
3 years - under 4 years % % % % %
4 years - under 5 years % % % % %
5 years exactly % % % % %

Redemptions before maturity are permitted any time with reduced interest paid. If funds are redeemed before maturity, the following interest will be paid:

0.00%, on amounts withdrawn within the first 30 days
0.00%, on amounts withdrawn after 30 days and before the first anniversary of the Issue Date
0.25%, on amounts withdrawn on or after the first anniversary and before the second anniversary of the Issue Date
0.40%, on amounts withdrawn on or after the second anniversary and before the third anniversary of the Issue Date
0.60 %, on amounts withdrawn on or after the third anniversary and before the fourth anniversary of the Issue Date
0.85 %, on amounts withdrawn on or after the fourth anniversary of the Issue Date and before the Maturity Date

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BMO Progressive GICs*

BMO Progressive GICs are market-linked GICs that provide peace of mind through security and higher return potential. Your GIC is designed to earn returns based on the performance of the equity markets.

BMO Short Term Investment Certificate (STIC) held in combination with Progressive GICs


Term $1,000+
30 - 89 days %

GIC Term Returns linked to: Minimum Return Maximum Return1
BMO Blue Chip GIC Basket of 10 stocks
BMO Return Enhancing GIC %2 %
BMO Smart Return GIC S&P/TSX Banks Index and S&P/TSX Capped Utilities Index %3 %

GIC Term Returns linked to: Maximum Return1
BMO Fund Linked GIC BMO Exchange Traded Funds
BMO Select GIC S&P/TSX Banks Index
BMO Growth GIC Basket of 15 stocks

GIC Term Returns linked to: Participation Rate
BMO Canadian Market GIC S&P/TSX 60 %
BMO Top Performing Portfolio GIC US indices %

* Rates in effect from

1 Maximum Return is equivalent to the total return over the term of the investment (i.e. not an annualized rate).

2 Minimum Return is % per annum, payable at maturity (equivalent to % total return).

3 Minimum Return is % per annum, payable at maturity (equivalent to % total return).

Participation rate is the rate that the GIC participates in the return of the reference portfolio.

“S&P” is a trademark of The McGraw-Hill Companies, Inc. “TSX” is a trade-mark of TSX, Inc. These marks have been licensed for use by Bank of Montreal. The BMO Select GIC and BMO Canadian Market GIC are not sponsored, endorsed, sold or promoted by Standard & Poor’s or the Toronto Stock Exchange and neither party makes any representation regarding the advisability of investing in the BMO Select GIC or BMO Canadian Market GIC.

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U.S. Dollar Investments

BMO US Dollar Term Deposit Receipt


Term $1,000 -
$24,999
$25,000 -
$99,999
$100,000 -
$499,999
30 - 59 days % % %
60 - 89 days % % %
90 - 119 days % % %
120 - 179 days % % %
180 - 269 days % % %
270 days - under 1 year % % %
1 year - under 2 years % % %
2 years - under 3 years % % %
3 years - under 4 years % % %
4 years - under 5 years % % %
5 years exactly % % %

US Dollar Fixed Term Deposits for amounts $100,000 to $499,999 are not eligible for early redemption.

BMO US Dollar Redeemable Short Term Investment

(Minimum investment $5,000)

Term Interest Rate
364 days %

Rates and conditions subject to change without notice.

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