BMO TFSA Savings Account Info & Reviews

Financial Products > TFSA Savings Accounts > BMO TFSA Savings Account
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

Product NameBMO TFSA Savings Account
Available InCanada (All Provinces)
Offered ByBank of Montreal
Product PageBMO TFSA Savings Account
Interest RateUp 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

Chart of historical values for the BMO TFSA Savings Account Tier 1
  • 1 Year
  • 3 Years
  • 5 Years
  • 10 Years
  • All Data
Minimum Balance$50
Withdrawal Fee$0
Other FeesAccount 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 TransfersTo and from another account at Bank of Montreal.
Account Transfer Out Fee$0
Deposit InsuranceCDIC
Additional NotesNo debit card access is provided with this account.
Account statements are mailed either quarterly or semi-annually.
Please Note: This database is intended to help you explore your options when looking for a financial product. Product features and information can change faster than we can update our database and we cannot guarantee the accuracy of the information in the above table.
Always visit the financial institutions product page and carefully review the information there before making a final decision.

Reviews and Comments for the BMO TFSA Savings Account

 Add a Review / Comment (No sign-up required) 
Ratings (Optional) Customer Service: Cost/Rates/Value: Convenience: Features:
Reload Image
Enter the code here:
 Reviews & Comments about the BMO TFSA Savings Account
There are currently no reviews or comments for this financial product.

Didn't find what you were looking for on this page?
Browse all TFSA Savings Accounts
Browse all Financial Products in the Index of Financial Products
Copyright 2012-2015 SiliconPharm Corporation, All Rights Reserved