News Releases

TORONTO, ONTARIO--(Marketwired - July 18, 2013) - As part of BMO Financial Group's ongoing commitment to financial literacy and 'Making Money Make Sense', BMO is releasing a financial tip every day in the summer to help Canadians make the 'BMOst of summer' in 2013.

BMOst of Summer Financial Tip of the Day: Grow your summer vacation fund faster in a high-interest savings account.

Whether you are contributing last-minute savings to your summer vacation fund for this year or getting a head start on saving for next summer, take advantage of a high-interest savings account to grow your savings faster.

"Saving funds in advance for summer vacations is one of the best ways to ensure you don't overextend yourself financially," said Christine Canning, Head of Everyday Banking Products, BMO Bank of Montreal. "Maximize your savings by using a high-interest savings account. For instance the BMO Smart Saver Account allows for unlimited deposits and transfers into the account, unlimited transfers to other BMO accounts and free access to BMO MoneyLogic - an online personal financial management tool to help track everyday expenses."

BMO offers a number of products and services that can help Canadians get more out of every dollar they spend this summer. For more details on how to make the 'BMOst of Summer,' drop by a BMO branch or visit www.bmo.com.

About BMO Financial Group

Established in 1817 as Bank of Montreal, BMO Financial Group is a highly-diversified North American financial services organization. With total assets of $555 billion as at April 30, 2013, and more than 46,000 employees, BMO Financial Group provides a broad range of personal and commercial banking, wealth management and investment banking products and solutions.