Benchmark Money

BMO Premium Rate Savings Account

BMOSavings

BMO · Savings

No monthly fee, 0.01% interest.

Monthly feeNone
Transactions includedNot published
Interest rate0.01%
Deposit insuranceNot stated
View at BMOCompare on your own banking

Fees and rates verified 2026-08-19We earn nothing from any institution hereHow we research

What it costs

Monthly fee
None

Interest

Posted rate
0.01%
What the rate depends on
Transaction limits are shared with the linked chequing account under the customer's Bank Plan; per-item fees apply when the plan's transaction count is exceeded.

Who can open it

Can be registered (TFSA, RRSP)
No
US dollar account
No

Deposit protection

Insured by
Not published by the institution

Where these figures come from

Figures checked on
August 19, 2026
Source page
www.bmo.com

Notes

0.010% appeared as literal text on BMO's savings overview page but BMO's dedicated interest-rates page did not render, so this value is single-sourced and unconfirmed against the rate schedule.

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Where this came from. Every figure on this page is taken from the institution’s own page or its published fee schedule, never from another comparison site, and a field is left blank rather than guessed at. Rates and fees change without notice, so confirm with the institution before opening anything. We receive no payment from any institution listed here.