Change Language | Region*
American flag

*Products and services featured on our websites are only available to residents of the selected country.

Set your homepage
    Set your homepage

HomePersonal BankingWealth ManagementSmall BusinessCommercialCorporate & InstitutionalAbout BMO

Tax-Free Savings Account (TFSA) Rates

TFSA Savings Account

(minimum investment $50)

Limited-time bonus: Earn 2.00% interest on new deposits until March 31, 20162

Amount Interest Rates
Up to $5,500.00* %
Over $5,500.00* %

* = Paid on the portion of the balance within each tier.

Rates are calculated on a per annum basis. Rates are subject to change without notice.

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 % % %

View our Auto-Renewal Bonus Rates

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 - - %
5thrd 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 - %
5thrd Year - %
Annual Compound Equivalent % %

BMO Short Term Investment Certificate

(minimum investment $1,000)

Term $1,000 -
$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

(minimum investment $1,000)

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

Rates and conditions subject to change without notice.

2 The interest rate of 2.00% is comprised of the posted interest rate of 0.50% plus a bonus interest rate of 1.50%. The interest rate (both posted and bonus rates) may be changed at any time without notice. Current interest rates are available in BMO branches where TFSA Savings Accounts are available, at bmo.com/rates and by calling 1-877-225-5266. The posted interest rate applies to the entire balance in your TFSA Savings Account. The bonus interest rate only applies to the portion of the balance in your TFSA Savings Account that exceeds the closing balance as of January 5, 2016. The posted interest and the bonus interest are each calculated on the daily closing balance and payable monthly as of the last day of the month. Interest rates are per-annum. Offer may be changed or withdrawn at any time without notice.

Book your own appointment. Get Started.