Premium Rate Savings Account
A flexible everyday savings account that lets you access your money while still earning interest.
|Interest on all balances 3|
|$0||Monthly savings requirement|
Is this account right for me?
|A great option to help you reach your short-term savings goals.|
|Transaction fees based on plan limits|
|Add as many Premium Rate Savings Accounts as you need under your current chequing plan1|
Recognized for Excellence in Digital Banking for third year in a row
Live Agent & Automated Telephone Banking (Big Five Banks) award winner
BMO Named to the Global 100 Most Sustainable Corporations in the World for Third Straight Year
Ready to bank with us?
Open an account online
Flexible and accessible
At BMO, we believe that money is personal. That's why we bring a human touch to everything we do, from a friendly hello to an intuitive mobile app.
We're here to help in ways both big and small, expected and unexpected. Because we're people first—and bankers second—we know what it feels like to be understood, no matter how or where you bank with us.
That feeling you get when you get the help you need, when you need it? That's the BMO effect.
If you have a long-term savings goal, but also want to access your money at any time, you may want to try a Premium Rate Savings account.
The BMO difference
Learn more about switching to BMO