GIC List
BMO Cashable RateRiser® GIC
BMO Cashable RateRiser® GIC
 
Item Details
Term(s) 3 years
Access to Funds · Purchased on or after August 18, 2019, cashable in full at any time (no partial redemptions permitted)
· Purchases before August 18, 2019, cashable in full on the 15th day of each month during the first year and on the first and second anniversary of the issue date (no partial redemptions permitted)
Interest Payment Option Non-registered: Interest paid annually or compounded annually and paid at maturity.

RSP: Interest compounded annually and paid at maturity.

TFSA/RESP: Interest paid annually to a Savings Account or compounded annually and paid at maturity.
Minimum Investment Amount $1,000
Plan Eligibility RSP / RESP / TFSA / RDSP
Automatic Reinvestment Yes, at current rate (unless other instructions provided)
Issued By Non-registered: Bank of Montreal Mortgage Corporation, Bank of Montreal or BMO Trust Company
RSP, TFSA, RESP & RDSP: Bank of Montreal Mortgage Corporation

GICs issued by Bank of Montreal Mortgage Corporation and BMO Trust Company are guaranteed by Bank of Montreal.
Transferability Yes, Non-registered only
Available to Business Banking Client Yes, Non-registered only
Statements Annual Statement (January/February)
Available to Non-Residents No
Continuous Savings Plan Option No
Guaranteed By Bank of Montreal (BMO)