• BMO Canada No Fee Savings Account Review

    BMO Bank of Montreal offers Canadians some very rewarding and easy to use savings accounts. BMO basically runs a pay as you go system. So instead of their being a monthly account fee, clients will only be charged fees if they go above the monthly transaction limits. BMO enables clients to perform a number of free transactions using their savings account in a given month absolutely free. Interest paid on BMO savings accounts is very competitive when compared to Canada's other big banks. BMO offers Canadians two solid savings options. The Premium Rate Savings Account for smaller balances, and the Smart Saver account for larger balances.

    BMO Premium Rate Savings Account Review (0.25% Interest No Min Balance)

    The BMO Premium Rate Savings Account is a great all purpose savings account for Canadians. Clients earn current 0.25% interest on all deposits calculated daily and paid directly to your savings account monthly. This plan does not charge a monthly fee when paired with one of BMO daily chequing account plans and pay no individual transaction fee's. Earn interest on your balances and have access to your funds at the same time.

    BMO Smart Saver No Fee Account Review (1.35% Interest $5K Min Balance)

    The BMO Smart Saver Account is for Canadians who want to earn a competitive rate of interest on their larger account balances. This Savings account does not carry any monthly fee's unless you go above the allowed limit of transactions in a given month. BMO allows clients one free transaction a month, whether that be ABM withdrawal or online or telephone outgoing money transfer. If your looking for a savings account where you earn high interest and would like access to your funds from time to time, the BMO Smart Saver account is a great option for you.

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