BMO Bank of Montreal - GICs and Term Deposits


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Home > Rates > GICs and Term Deposits

Prime Rate 2.250%
as of
November 21, 2009.

Guaranteed Investment Certificate (GIC) and Term Deposit Rates

November 21, 2009

BMO Guaranteed Investment Certificate (GIC)

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	1.300%	1.300%	1.300%
3 years - under 4 years	1.600%	1.600%	1.600%
4 years - under 5 years	1.700%	1.700%	1.700%
5 years - under 6 years	2.100%	2.100%	2.100%
6 years - under 7 years	2.100%	2.100%	2.100%
7 years exactly	2.100%	2.100%	2.100%
10 years exactly	2.300%	2.300%	2.300%

Monthly / Semi - Annual Interest Payment Option	$1,000 - $99,999	$100,000 - $249,999	$250,000 - $999,999
1 year - under 18 months	0.275%	0.275%	0.275%
18 months - under 19 months	0.625%	0.625%	0.625%
19 months - under 2 years	0.275%	0.275%	0.275%
2 years - under 3 years	1.175%	1.175%	1.175%
3 years - under 4 years	1.475%	1.475%	1.475%
4 years - under 5 years	1.575%	1.575%	1.575%
5 years - under 6 years	1.975%	1.975%	1.975%
6 years - under 7 years	1.975%	1.975%	1.975%
7 years exactly	1.975%	1.975%	1.975%
10 years exactly	2.175%	2.175%	2.175%

If monthly interest payment options chosen, then minimum investment amount required is $5,000.

BMO Cashable RateRiser® GIC
(Minimum investment $1,000)

Years of Investment	3 Year
1^st Year	1.000%
2^nd Year	1.100%
3^rd Year	1.250%
Annual Compound Equivalent	1.117%

BMO RateRiser® Plus GIC
(Minimum investment $1,000)

Years of Investment	2 Year	3 Year	5 Year
1^st Year	1.000%	1.000%	1.000%
2^nd Year	1.400%	1.400%	1.400%
3^rd Year	-	1.800%	1.800%
4^th Year	-	-	2.000%
5^th Year	-	-	3.750%
Annual Compound Equivalent	1.200%	1.399%	1.986%

BMO RateRiser® Max GIC
(Minimum investment $1,000)

Years of Investment	3 Year	5 Year
1^st Year	1.100%	1.100%
2^nd Year	1.500%	1.500%
3^rd Year	4.000%	2.250%
4^th Year	-	3.500%
5^th Year	-	6.500%
Annual Compound Equivalent	2.192%	2.952%

BMO Short Term Investment Certificate

Term	$5,000 - $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 Short Term Investment Certificate (STIC) held in combination with Progressive GICs

Term	$1,000+
30 - 89 days	0.200%

BMO Redeemable Short Term Investment Certificate

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%

BMO RateOptimizer® Plus GIC
(Minimum investment $1,000)

Interest Payment Option	Years of Investment	Initial Rate	Renewal Rate
Annual Compound	5 years	2.650%	2.650%
Annual Pay	5 years	2.650%	2.650%
Monthly Pay	5 years	2.650%	2.650%

During the first year of the investment, the return is based on the “Initial Rate”.
In each subsequent year, the return on the investment is based on a “Blended Rate” . The Blended rate is derived from blending the five-year “Renewal Rate” in effect at the anniversary date with the existing rate of the investment.

BMO RateOptimizer® Max GIC
(Minimum investment $1,000)

Interest Payment Option	Years of Investment	Initial Rate	Renewal Rate
Annual Compound	5 years	2.750%	2.750%
Annual Pay	5 years	2.750%	2.750%
Monthly Pay	5 years	2.750%	2.750%

BMO AIR MILES®† GIC

Term	$5,000 - $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%

BMO Variable Rate GIC

Term	$5,000 - $49,999	$50,000 - $99,999	$100,000 - $249,999	$250,000 - $999,999	$1,000,000 - $10,000,000
364 days	0.400%	0.400%	0.400%	0.450%	0.500%

BMO Term Deposit Receipt

Term	$1,000 - $4,999	$5,000 - $99,999	$100,000 - $249,999	$250,000 - $499,999	$500,000 - $999,999
1 - 7 days	-	-	0.050%	0.050%	0.050%
8 - 15 days	-	-	0.050%	0.050%	0.050%
16 - 22 days	-	-	0.050%	0.050%	0.050%
23 - 29 days	-	-	0.050%	0.050%	0.050%
30 - 59 days	-	0.050%	0.050%	0.050%	0.050%
60 - 89 days	-	0.050%	0.050%	0.050%	0.050%
90 - 119 days	-	0.050%	0.050%	0.050%	0.050%
120 - 179 days	-	0.050%	0.050%	0.050%	0.050%
180 - 269 days	-	0.050%	0.050%	0.050%	0.050%
270 days - under 1 year	-	0.050%	0.050%	0.050%	0.050%
1 year - under 2 years	0.200%	0.200%	0.200%	0.200%	0.200%
2 years - under 3 years	1.050%	1.050%	1.050%	1.050%	1.050%
3 years - under 4 years	1.350%	1.350%	1.350%	1.350%	1.350%
4 years - under 5 years	1.450%	1.450%	1.450%	1.450%	1.450%
5 years exactly	1.850%	1.850%	1.850%	1.850%	1.850%

Redemptions permitted anytime with interest paid after 30 days at predetermined rates.

BMO US Dollar Term Deposit Receipt

Term	$1,000 - $24,999	$25,000 - $99,999	$100,000 - $499,999
30 - 59 days	0.050%	0.050%	0.050%
60 - 89 days	0.050%	0.050%	0.050%
90 - 119 days	0.100%	0.100%	0.100%
120 - 179 days	0.150%	0.150%	0.150%
180 - 269 days	0.300%	0.300%	0.300%
270 days - under 1 year	0.350%	0.350%	0.350%
1 year - under 2 years	0.500%	0.500%	0.500%
2 years - under 3 years	0.850%	0.850%	0.850%
3 years - under 4 years	1.300%	1.300%	1.300%
4 years - under 5 years	1.750%	1.750%	1.750%
5 years exactly	2.250%	2.250%	2.250%

US Dollar Fixed Term Deposits for amounts $100,000 to $499,999 are not eligible for early redemption.

BMO US Dollar Redeemable Short Term Investment
(Minimum investment $5,000)

Term	Interest Rate
364 days	0.200%

Rates and conditions subject to change without notice.


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