Offers are subject to change or withdrawal at any time.
1 $1,000 minimum investment is required, subject to the following exceptions: (i) $500 minimum investment required for GICs purchased within an Registered Education Savings Plan (RESP) and (ii) $5,000 minimum investment required if a monthly interest payment option is chosen (Note: this option is not available for registered investments such as RESPs, registered retirement savings plans etc.)
2 Interest is payable monthly, annually or may be compounded and paid at maturity
3 U.S. Dollar Term Deposits are not eligible for Canada Deposit Insurance Corporation (CDIC) insurance coverage.
4 BMO Growth GICs are issued by Bank of Montreal Mortgage Corporation and guaranteed by Bank of Montreal. The principal amount of a BMO Growth GIC is guaranteed and is repayable upon maturity, but there is no guarantee of earning any return linked to the performance of the underlying securities. The rate of return for the term payable, if any, will be the return on the portfolio of investments which are the basis for calculating the return on the BMO Growth GIC (the “Reference Portfolio”) subject to the following: the rate of return for the term will not be less than zero or more than the maximum rate of return for the 4 year term, which for the BMO Growth GIC series 129 is 30%. The return on the Reference Portfolio, if any, is determined without reference to any dividends or distributions paid on the securities and is the simple average of the percentage changes in the value of each underlying security in the Reference Portfolio over the term of the BMO Growth GIC. If market disruptions or other special circumstances affect the calculation of the return, the calculation agent may adjust or delay the calculation or payment of interest, estimate the value of an underlying security, replace a security and/or determine the amount of interest, if any, that may be payable in an alternate manner. The terms and conditions for BMO Growth GICs are available at your local BMO Bank of Montreal branch. BMO Growth GICs are not available in RRSPs if the BMO Growth GIC’s maturity date is after the date you are required to convert your RRSP to a RRIF.
5 This is the maximum rate of return. The rate of return for the term: (i) is not compounded; (ii) as set out in this advertisement is based on the BMO Growth GIC series 129 and the maximum rate of return for the term is subject to change between series; and (iii) is not an annual rate but is the rate of return over the entire term of the BMO Growth GIC.