Terms and Conditions

Earn 5.04% interest rate (“Special GIC Rate”) on deposits made into the 12-Month Guaranteed Investment Certificate (GIC) - Terms and Conditions:

1. This offer is available to eligible customers who apply for a BMO Fixed or Variable Rate Closed Term mortgage or Homeowner ReadiLine^® (instalment) application AND open a new 12-Month GIC between January 11 and February 29, 2024 (“Offer Period”).
2. The Special GIC Rate is only available in-branch when a customer purchases the new 12-Month GIC.
3. Interest on the 12-Month GIC is calculated daily. At the time of purchasing the 12-Month GIC, the customer can choose to have the interest paid monthly, semi-annually, or annually; or compounded annually and paid at maturity. The interest rate is subject to change at any time.
4. This offer is non-transferable.
5. The Special GIC Rate cannot be combined with any other GIC interest rate offer.
6. We reserve the right, at our sole discretion, to suspend, disqualify, limit, or revoke the offer to any customer found to have manipulated or abused this offer, its fairness, integrity, or operation.
7. This offer, including the Offer Period, are subject to change at any time without notice.