Great savings solutions for you!

Whatever your savings habit, BMO has the right savings solution for you

Grow your savings with the BMO Savings Builder Account or the BMO Smart Saver Account. Designed with you in mind, these accounts will help you reach your savings goals – a vacation, a new car – or are simply for unexpected expenses.

Savings Builder Account

Ready to make saving a habit? The BMO Savings Builder Account is a perfect fit. It’s the first account in Canada1 to reward you with bonus interest for saving regularly. Save $200 or more a month and get 1.20% interest2,3.

  • Earn 1.20% on your balance when you save $200 or more a month1,2,3
  • If you’re unable to set-aside $200 this month – don’t worry, you’ll continue to earn interest on your balance at our competitive base rate. And, you are eligible to earn bonus interest again next month, provided your account balance increases by $200 over that of the previous month3
  • One free monthly transfer from your Savings Builder Account to your other BMO accounts through any channel4

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Smart Saver Account

If you’re an occasional saver, the BMO Smart Saver Account is a great way to achieve your
savings goals. With a high interest rate regardless how much you save and easy access to your
money, you’ll reach your goals sooner.

  • 0.55% interest on all balances3
  • An attractive interest rate regardless of how often or how much you save
  • One free monthly transfer from your Smart Saver Account to your other BMO accounts through any channel4

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BMO high interest savings accounts – another way we’re here to help.