Boost Your Financial Future with BMO Harris Bank’s High-Yield CDs—Act Now!

Imagine your savings growing at an exceptional pace with BMO Harris Bank's high-yield Certificates of Deposit (CDs). With enticing rates—such as a 13-month CD at 4.50%, a 25-month CD also at 4.50%, 35-month CD, 45-month CD and a 59-month CD all at 4.30%—you can accelerate your financial journey like never before. These CDs come with fixed annual percentage yields (APYs) and terms, enabling you to predict your earnings accurately. What's more? BMO Harris only requires a $1,000 minimum opening deposit.

BMO Harris stands distinctively by not imposing monthly maintenance fees on CD accounts—an uncommon practice in today's banking landscape. However, while the funds are designed to remain untouched until maturity, early withdrawal is an option. But keep in mind, an early withdrawal penalty, which can be up to 545 days' worth of interest for a CD term of 48 months or longer, applies.

BMO Harris CDs offer a range of terms to accommodate varied savings needs, coupled with appealing APYs and reasonably low minimum requirements. Even when compared to high-yield CDs with no minimum deposit requirements, BMO Harris CD rates stand competitively, outshining many top online banks and significantly surpassing the national average, as per recent FDIC data.

Here's a glimpse of the Early Withdrawal Penalties:

  • 1 month (7 – 59 days): All earned interest charged
  • 2 months –11 months (60 days –364 days): 90 days' interest charged
  • 12 – 23 months: 180 days' interest charged
  • 24– 35 months: 270 days' interest charged
  • 36–47 months: 365 days' interest charged
  • 48 months or longer: 545 days' interest charged
  • Open a BMO Harris CD Account

    Once your CD reaches maturity, it will automatically renew, giving you a 10-day grace period to add, withdraw funds, or close the account—flexibility designed with your convenience in mind.

    Joining BMO Harris, you become part of a full-service banking institution that serves over 12 million customers across North America. As the eighth-largest bank by assets, BMO Harris carries a rich legacy tracing back to the early 1800s, when it was known as Montreal Bank, Canada's first bank.

    Don't let this lucrative opportunity slip away! Begin your journey towards amplified savings and financial growth today. Opt for BMO Harris CDs and witness your savings soar. Your future self will thank you for taking action today! Certificate of Deposit Accounts (CDs) and Rates – BMO

    Author: Brian McKay
    May 12th, 2023

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