In the vast landscape of financial investments, BMO GIC rates emerge as a secure and lucrative option for individuals seeking stability and growth in their portfolios.
BMO’s Guaranteed Investment Certificates (GICs) stand out in the market for their reliability and competitive returns.
Table of Contents
In this article, we will discuss the BMO offers both Fixed Rate GICs, providing a set interest over a predetermined period, and Variable Rate GICs, offering flexibility with interest rates.
BMO GIC Interest Rates Special Offer
Assess your financial goals and choose a GIC term that aligns with your investment timeline. Optimize returns by reinvesting interest earned, compounding your wealth over time.
BMO Special Offer GIC Interest Rates
| GIC Term | Interest Rate |
|---|---|
| 18-Month | 4.750% |
| 2-Year | 4.00% |
BMO GIC Rates Non-Cashable Investments
| GIC Term | Investment | Annual / Annual Compound Interest Payment Option | Monthly / Semi-Annual Interest Payment Option |
|---|---|---|---|
| 1 year – under 18 months | $1,000+ | 4.750% | 4.650% |
| 18 months – under 19 months | $1,000+ | 4.750% | 4.650% |
| 19 months – under 2 years | $1,000+ | 4.750% | 4.650% |
| 2 years – under 3 years | $1,000+ | 4.000% | 3.900% |
| 3 years – under 4 years | $1,000+ | 4.500% | 4.400% |
| 4 years – under 5 years | $1,000+ | 4.000% | 3.900% |
| 5 years – under 6 years | $1,000+ | 4.000% | 3.900% |
| 6 years – under 7 years | $1,000+ | 4.250% | 4.150% |
| 7 years exactly | $1,000+ | 4.300% | 4.200% |
| 10 years exactly | $1,000+ | 4.350% | 4.250% |
BMO Cashable Rate Riser GIC Rates
| 3 Years of Investment | Interest Rates |
|---|---|
| 1st year | 3.000% |
| 2nd year | 4.000% |
| 3rd year | 5.000% |
| Annual Compound Equivalent for 3 years | 4.000% |
BMO Rate Riser GIC Rates
| GIC Years of Investment | 2 Years | 3 Years | 5 Years |
|---|---|---|---|
| 1st Year | 3.800% | 4.250% | 3.800% |
| 2nd Year | 4.000% | 4.400% | 3.850% |
| 3rd Year | – | 4.550% | 3.900% |
| 4th Year | – | – | 3.950% |
| 5th Year | – | – | 4.000% |
| Annual Compound Equivalent | 3.900% | 4.400% | 3.900% |
BMO Air Miles GIC Rates
| GIC Term | $5,000 – $24,999 | $25,000 – $99,999 | $100,000 – $249,999 | $250,000 – $499,999 | $500,000 – $999,999 |
|---|---|---|---|---|---|
| 364 days | 3.000% | 3.000% | 3.000% | 3.000% | 3.000% |
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Benefits of Investing in BMO GIC Rates
- Security and Stability: BMO GICs are known for their stability, making them an ideal choice for risk-averse investors.
2. Competitive Interest Rates: Enjoy attractive interest rates that outperform traditional savings accounts, ensuring your money works harder for you.
3. Flexibility in Terms: BMO GICs provide flexibility in choosing terms, allowing investors to align their investments with their financial goals.
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