Detailed information, reviews and ratings for the BMO TFSA Savings Account.
Useful when comparison shopping for a new canadian tfsa savings account.
Information about the BMO TFSA Savings Account
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|Product Name||BMO TFSA Savings Account|
|Available In||Canada (All Provinces)|
|Offered By||Bank of Montreal|
|Product Page||BMO TFSA Savings Account|
|Interest Rate||Up to $5000: 0.05 % Interest Rate Decreased from 0.2 % to 0.05 % on April 8, 2020|
$5,000 and over: 0.05 % Interest Rate Decreased from 0.2 % to 0.05 % on April 8, 2020
- 1 Year
- 3 Years
- 5 Years
- 10 Years
- All Data
|Other Fees||Account closure (within 90 days of opening): $20.00
Dormant account after 2 years: $20.00
Dormant account after 5 years: $30.00
Dormant account after 10 years: $40.00 and account closure
|Fund Transfers||To and from another account at Bank of Montreal.|
|Account Transfer Out Fee||$0|
|Additional Notes||No debit card access is provided with this account.
Account statements are mailed either quarterly or semi-annually.
Always visit the financial institutions product page and carefully review the information there before making a final decision.
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