Account Features
The BMO Premium Rate Savings account earns 0.01% on all deposits, regardless of the total balance.
Interest is calculated daily and paid monthly on the last business day of the month, directly to the BMO Premium Rate Savings account.
Fees
Monthly Fees
The BMO Premium Rate Savings account has no monthly fees.
Account holders will have the same access to the number of transactions that are available on their BMO chequing account plan.
I have a savings account at BMO and I’m being charged premium savings fee now I have a overdraft of $57.65 when there were funds in the account but when I do a history of transactions for past 4 years, it’s completely blank other than the fees.
Hi Marilyn,
You would want to speak to BMO directly about this matter.