Invest in a BMO Tax-Free Savings Account.
With no tax on the interest you earn1, it just makes sense to have a TFSA.
And because we’re offering a special rate on our TFSA Savings Account, now is the perfect time to invest in one.
A TFSA is a smart way to save:
- Contribute up to $5,500 per year
- Any unused portion from a prior year is carried forward
- Funds are not locked in
From now until March 31, 2014, earn 1.80%* interest on new money deposited in a TFSA Savings Account.
*This interest rate is comprised of the regular posted interest rate of 1.00% plus a bonus interest rate of 0.8%. The posted and/or bonus rates may be changed at any time without notice. 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 1, 2014. The bonus interest is calculated on the daily closing balance and payable monthly as of the last day of the month. Offer may be changed or withdrawn at any time without notice. Other terms and conditions apply.
1Subject to TFSA contribution limits. Please speak to your tax advisor for tax advice regarding the TFSA.