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Tax-Free Savings Account (TFSA) Rates
February 9, 2010
TFSA Savings Account
(minimum investment $50)
Amount |
Interest Rates |
Up to $5,000.00* |
1.000% |
Over $5,000.00* |
1.000% |
BMO Guaranteed Investment Certificate (GIC)
(minimum investment $1,000)
Annual / Annual Compound
Interest Payment Option |
$1,000 -
$99,999 |
$100,000 -
$249,999 |
$250,000 -
$999,999 |
1 year - under 18 months |
0.400% |
0.400% |
0.400% |
18 months - under 19 months |
0.750% |
0.750% |
0.750% |
19 months - under 2 years |
0.400% |
0.400% |
0.400% |
2 years - under 3 years |
1.150% |
1.150% |
1.150% |
3 years - under 4 years |
1.450% |
1.450% |
1.450% |
4 years - under 5 years |
1.600% |
1.600% |
1.600% |
5 years - under 6 years |
2.000% |
2.000% |
2.000% |
6 years - under 7 years |
2.000% |
2.000% |
2.000% |
7 years exactly |
2.100% |
2.100% |
2.100% |
10 years exactly |
2.300% |
2.300% |
2.300% |
BMO Cashable RateRiser® GIC
(minimum investment $1,000)
Years of Investment |
3 Year |
1st Year |
0.850% |
2nd Year |
1.000% |
3rd Year |
1.250% |
Annual Compound Equivalent |
1.033% |
BMO RateRiser® Plus GIC
(minimum investment $1,000)
Years of Investment |
2 Year |
3 Year |
5 Year |
1st Year |
1.000% |
1.000% |
1.000% |
2nd Year |
1.100% |
1.100% |
1.100% |
3rd Year |
- |
1.700% |
1.500% |
4th Year |
- |
- |
2.500% |
5th Year |
- |
- |
3.000% |
Annual Compound Equivalent |
1.050% |
1.266% |
1.817% |
BMO RateRiser® Max GIC
(minimum investment $1,000)
Years of Investment |
3 Year |
5 Year |
1st Year |
1.000% |
1.000% |
2nd Year |
1.250% |
1.250% |
3rd Year |
4.000% |
2.250% |
4th Year |
- |
3.100% |
5th Year |
- |
6.500% |
Annual Compound Equivalent |
2.074% |
2.801% |
BMO Short Term Investment Certificate
(minimum investment $1,000)
| Term |
$1,000 -
$24,999 |
$25,000 -
$99,999 |
$100,000 -
$249,999 |
$250,000 -
$499,999 |
$500,000 -
$999,999 |
30 - 59 days |
0.150% |
0.150% |
0.150% |
0.150% |
0.150% |
60 - 89 days |
0.150% |
0.150% |
0.150% |
0.150% |
0.150% |
90 - 119 days |
0.150% |
0.150% |
0.150% |
0.150% |
0.150% |
120 - 149 days |
0.150% |
0.150% |
0.150% |
0.150% |
0.150% |
150 - 179 days |
0.150% |
0.150% |
0.150% |
0.150% |
0.150% |
180 - 269 days |
0.200% |
0.200% |
0.200% |
0.200% |
0.200% |
270 - 359 days |
0.200% |
0.200% |
0.200% |
0.200% |
0.200% |
BMO Redeemable Short Term Investment Certificate
(minimum investment $1,000)
| Term |
$1,000 -
$24,999 |
$25,000 -
$99,999 |
$100,000 -
$249,999 |
$250,000 -
$499,999 |
$500,000 -
$999,999 |
364 days |
0.200% |
0.200% |
0.200% |
0.200% |
0.200% |
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