Earn more money on your money with the Smart Saver Account.

Compare the Smart Saver Account to our other bank accounts.

• A high interest rate starting with a balance of just $5,000.¹
• Deposits and transfers into the account are free.
• One free online, ABM or telephone banking debit transfer from your account per month.²
• No monthly fee when you combine your Smart Saver account and your other BMO Personal Banking accounts into one detailed and consolidated statement.³

Start turning your banking into AIR MILES reward miles. Find out how fast your reward miles can add up.

Fees
See what fees are associated with this account.

Get Started

Open an account online today.

Find out how to setup and/or switch your banking.

For additional long-term investment needs, speak to a qualified BMO Bank of Montreal representatives about mutual funds and term investments. Visit your local branch for more details.

¹ Interest is calculated and paid based on the daily account closing balance whenever the balance is $5,000 or more. There will be no interest paid when the daily account closing balance is under $5000. Interest is paid monthly on the last business day of the month.
² All other withdrawals and transfers are $5.00 each and self-service account history inquiries are $0.85. Branch and Direct Banking assisted account history inquires are $5.00. Bill payments, pre-authorized debits, debit card purchases, Interac®* online purchases, and cheques are not permitted on this account.
³ The Smart Saver Account can only be opened online. This account is only available in Canadian dollars and cannot be included as part of an Everyday Banking Plan. It can only be opened in a single name online. After the account has been opened, you may visit your BMO branch to make the account a joint account. The Smart Saver Account is not available in branches.