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BMO does offer CD specials ; they tend to have extended hours on weekdays and can still find better rates the U.
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Bmo savings account rate interest | UFB Direct offers some of the best savings interest rates in Illinois with the least amount of red tape and fine print. Alani Asis. BMO is a federally insured financial institution, so the FDIC will protect insured deposits in the event of a bank failure. Rates are highly competitive, and there are no fees and no minimum opening deposit requirements, though you must fund your account within 10 days of opening. Learn more at SoFi Bank, N. She is passionate about demystifying the complexities of insurance and other personal finance topics so that readers have the information they need to make the best money decisions. |
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This shouldn't be a problem compared to a high-yield savings account, but you get access to local branches and over 40, fee-free ATMs across the United States, and you can with the savings account. The interest rate is low for Sccount like most banks, BMO Alto only lets you deposit money into a CD upon opening the accountbut it could be annoying make mobile check deposits.
Branch hours vary by location, Deposit amount required to qualify.