BMO Business Premium Rate Savings Account

Amount:

Interest on: Canadian dollar account balances up to $50,000,000 U.S. dollar account balances up to $50,000,000

Type:

Savings

Description:

BMO’s Business Premium Rate Savings Account is an ideal complement for individuals’ business chequing accounts, offering the advantage of earning interest without the constraint of locking in their funds.

Comments on Funding:

The account has $0 monthly fee, with easy access to funds and no minimum balance required. It also includes the following features and benefits:
– See your cash grow as you earn interest on CAD dollar account balances up to $50,000,000;
– Keep track of everything with free monthly eStatements.

Deadline:

Continuous Intake

Eligibility:

Businesses seeking to earn interests with CAD Dollar savings account.

Application Steps:

For details, applicants must call BMO at 1-877-262-5907 or book an online appointment.

Documentation Needed:

Specific documentations must be provided based on the type of business.

Other Things to Note:

Maurice

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Canada to identify and maximize funding to grow their business.

Sweet Success: How to Start a Home Baking Business in Ontario

Tips on How To Start A Bed And Breakfast In Ontario

Why Start Business in Toronto: A Guide to Canada’s Economic Hub

How To Start Immigration Business In Canada: An Overview

How to Start a Lending Business in Canada: Your Roadmap to Success

How to Get Money to Start a Business in Canada: Proven Ways

Bridging Borders: How to Start a Money Transfer Business in Canada

How To Start A Business In Toronto With No Money

How to Start a Business in Ontario: Your Guide to Winning Big

Breaking Down the Cost of Starting a Business in Toronto