BMO TFSA Saving Account
Welcome to the BMO TFSA Savings Account, where your savings grow tax-free. Explore the features and FAQs below to discover how you can maximize your savings with competitive rates and tax benefits.
Key Features
- Competitive Interest Rates: Earn competitive interest rates on your tax-free savings balance.
- Tax-Free Savings: Benefit from tax-free growth on your investments.
- No Monthly Fees: Enjoy savings without worrying about monthly maintenance fees.
- Flexible Access: Access your funds anytime through online banking, mobile app, or at BMO branches.
- Automatic Savings: Set up automatic transfers to build your savings effortlessly.
- Security: Your deposits are protected by BMO’s robust security measures.
FAQs
Who can open a BMO TFSA Savings Account?
Canadian residents who have reached the age of majority in their province and have a valid Social Insurance Number (SIN) can open this account.
Is there a minimum balance requirement?
There may be a minimum balance requirement to open and maintain the account. Please refer to our current terms and conditions for specific details.
How can I deposit funds into my account?
You can deposit funds via electronic transfer, direct deposit, or by visiting a BMO branch.
Are there any fees for withdrawing funds?
There may be transaction fees for withdrawals that exceed the monthly limit. Please review our terms and conditions for specifics.
How can I contact BMO customer support?
You can contact BMO customer support through their website, mobile app, or by visiting a branch.
