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This account offers you security and flexibility while earning you a competitive rate of interest. Eligible for the Continuous Savings Plan that spreads your contribution over the year.
0.500% on cash savings
- Earn interest on every dollar
- Interest is calculated daily on the closing balance and paid monthly
- Eligible for CDIC deposit insurance up to applicable limits
- Transfer funds to invest in GICs and Mutual Funds at any time1
- Invest regularly by setting up a Continuous Savings Plan
- Rates are calculated on a per annum basis. Rates shown are subject to change without notice.
BMO Target Education Portfolios
The BMO Target Education Portfolios are specifically designed to meet the needs of individuals saving for their childâ€™s post-secondary education. Simply match your childâ€™s year of birth to the portfolio date closest to when you think they will head off to school and we will take care of the rest.
BMO Mutual Funds
BMO Mutual Funds let you choose from a wide range of professionally-managed, diversified funds for an RESP. We have funds to meet any education investment objective.
BMO Term Investments
Looking for security and stable guaranteed returns in an RESP? Then consider BMO Guaranteed Investment Certificates (GICs).