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BMO Bank of Montreal Boosts Premium Rate Savings Rate
TORONTO, September 24, 2007
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BMO Bank of Montreal 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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Contacts: Paul Gammal, Toronto, paul.gammal@bmo.com ,
Lucie Gosselin, Montreal, lucie.gosselin@bmo.com ,
Laurie Grant, Vancouver, laurie.grant@bmo.com ,
