Business Premium Rate Savings Account

A Business Premium Rate Savings Account can be an integral part of your business' overall investment strategy. It is a traditonal savings account designed to complement a business operating account. It can provide your business with competitive rates of return while still preserving ready access to your funds. Find out how to switch your banking hassle free.

Benefits

Earn competitive interest rates without locking in your money.

Features

• Available in either Canadian or U.S. dollars¹.
• Deposits, withdrawals and transfers between accounts are allowed. Cheques, bill payments and debit card purchases are not permitted.
• Interest paid on balances up to $500,000.
• Interest on both Canadian and U.S. dollar accounts is earned daily and paid monthly.*
• Access to the account is available across all BMO Bank of Montreal® channels (branch, online, telephone and ABM).
• Monthly statement provided.
• Service fees

The Next Step

To discuss further, contact us at
1 877 262-5907
or visit your BMO Bank of Montreal branch.

¹USD deposits are not eligible for CDIC deposit insurance.
*On Canadian dollar accounts, interest is calculated on daily closing balances and paid monthly. On U.S. dollar accounts, where value for any cheques deposited to the Account is generally delayed 1 to 3 business days to allow for clearing and international settlement, interest is calculated on the daily closing "collected" balance and paid monthly.