BMO Bank of Montreal 2.5% Savings Builder Account through June 30, 2015 | Page 2 | BMO | Discussion forum

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BMO Bank of Montreal 2.5% Savings Builder Account through June 30, 2015
August 27, 2015
6:04 am
Loonie
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Rate on this account is now down to 1.3%, if you continue to add net $200/mo.

August 27, 2015
7:48 am
AltaRed
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Loonie said

Rate on this account is now down to 1.3%, if you continue to add net $200/mo.

That has been the case since the end of the 2.5% promo on June 30th.

October 11, 2015
7:18 pm
dentgal
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Calan said

Seems like this Savings Builder account w/ 1.3% interest is a better deal now than many others. I'm eligible for no-fee banking at BMO (as a "recent graduate"), making this a no-brainer for as long as that lasts. I plan to add $200/month until Tangerine's 3% on new deposits runs out and then likely move everything over to BMO until Tangerine's next promo. A rare thing to have one of the Big 5 offer a better deal than Tangerine etc.

Scotia has a momemtum account at 1.5%.
I pulled out of tangarine 3% (and ready to shoot myself)!! i don't know when they do the "snapshot" to qualify for the next special. In the meantime, i moved everything toPC--but the special is only on NEW FUNDS and only up to $500K (i know this is a big problem!!). But having excess of $500K gives you the piddly 0.8%. Getting tired of bouncing between banks:(

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