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Your Savings Account
Your savings account helps you set aside money for short-term goals like vacations, or establishing an emergency fund in case you need it.
Plus, your money is set aside from your chequing account, earning interest, so you wonâ€™t have the temptation to spend it.
Earn. Save. Repeat. Make saving a habit and get rewarded.
The BMO difference
You can open a new BMO chequing account on your smartphone from wherever you are. As long as weâ€™re able to verify your ID with the info you provide, thereâ€™s no need to visit a branch!
Enjoy tailored banking advice that fits your unique life needs
Open multiple accounts for you and your spouse/partner for one monthly feeLink will open in new window1 with PlanShare
** The $1.00 service fee that may have applied when you use Interac e-Transfer has been eliminated for customers with an Everyday Bank Plan. The monthly Plan fee may still apply. Other transaction fees may apply if you have a Bank Plan that does not include unlimited everyday banking transactions. A cancellation fee may still apply when you cancel the transaction.