Ongoing market volatility can be unnerving to even the most seasoned of investors. That's why putting your hard earned savings into a safe and secure account makes sense in the current market conditions.
With a
BMO Premium Rate Savings Account or
Smart Saver Account, you can enjoy a market-competitive
rate – without having to lock in your money. What's more, you invest with the confidence of knowing your money is secure with one of Canada's largest banks and eligible for protection by the Canada Deposit Insurance Corporation (
CDIC)*. BMO also offers a
TFSA Savings Account that allows you to earn a competitive rate of interest tax-free.
Short-term investors should also consider
BMO Short-Term Investment Certificates with terms varying from 30 to 359 days with a minimum balance requirement of only $5,000. Longer-term investors can choose the
BMO RateRiser® Max GIC with a high, locked-in rate of interest that is guaranteed to increase each year.