News Releases

BMO Bank of Montreal Boosts Premium Rate Savings Rate

BMO Bank of Montreal announced today it has increased the interest rate earned on its Premium Rate Savings Account and Business Premium Rate Savings Account on deposits of $60,000 or more.

Effective September 25, 2007 the new rate is:

Premium Rate Savings Account

Amount	Interest Rates	Change
up to $59,999.99 *	2.60%	0.00%
$60,000.00 and over *	4.25%	0.50%

Business Premium Rate Savings Account

Amount	Interest Rates	Change
up to $59,999.99 *	2.60%	0.00%
$60,000 to $500,000 *	4.25%	0.50%

*interest rate earned on this portion of balance

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