Targeted on some Savings Amplifier Account | Page 2 | BMO | Discussion forum

Does anyone know what date in Aug base rate was dropped from 0.5 to 0.45? Thanks

No such offer for me.

For how long is this promo good for? Promo 5% until when?

Slybanking said
Just got a new offer on BMO site, no email, just a banner on main page when logging in. This time you have to click on the box and accept the term.

Earn 5.00% interest when you add New Money into your Savings Amplifier Account, up to a total balance of $1,000,000

Get started before November 30, 2026 so you can get closer to your savings goals.

Set your savings in motion.

You can see the offer also in the offer section of the site.  

I see the same offer but after I click on the box accept the term nothing happens so I just open up the term and read it, next time I login I go to the offer to check if it remembers that I already accepted the term but it shows exactly the same thing as i first time see it, still shows click on the box to accept term, is yours the same?

dhb said
I got the same problem: when I accepted the terms on my offer last month or so, it kept showing it on my accounts page (repeating accept terms; even with logout/login). Then under my Offers tab, it was finally there by clicking on its "Saved offers" subtab.  

I have tried multiple times to click on the box accept term, it still shows under browse offer subtab not saved offer subtab, logout and log back in it still shows under browse offer click the box to accept term, there is nothing on saved offer subtab, how did you solve it?

karenspring said

I have tried multiple times to click on the box accept term, it still shows under browse offer subtab not saved offer subtab, logout and log back in it still shows under browse offer click the box to accept term, there is nothing on saved offer subtab, how did you solve it?  

Same here but I just got an email about the offer from BMO so I am not worried.

cgouimet said
When one signs up for a TNG offer, the affected accounts show the rate in effect and for how long.

The problem with BMO offers is you don't really know the rate is actually in play until 3 days after the first month end when the promotional/bonus interest is paid. So, when one of these offers lands we place $10k in the appropriate acount. Then, if promo/bonus $ appear after the first month end, we plow more $ in. Otherwise, we drain the account because resolving such issues with the big 5 requires too much time and effort.  

It’s true but did you ever had an issue with these kind of promos at BMO?

cgouimet said

The 1st one went fine. The second didn't. Many hours on phone. A few in branch. Apparently I got an offer not meant for me. Now starting the third. Hopefully ok. If not I'll move the $15k out Oct 5 and never sign up for another.

Never liked bmo. Spouse is Montreal native and loves bmo cause they have branches even though she hasn't been in one for 15 years and she doesn't know where hers is. I agreed to consolidate at BMO last year for all our auto deposits and debits. Cause the odds are she'll outlive me... 🙂  

Hey, good luck to both of us!

Glad to report that my bonus also got paid as of Oct.2. BMO could have held out for another 58 days!

A nice contrast with Scotiabank, who cannot even post HISA interest until business day 7 of the next month (and then not have to pay interest on the interest for the first 9-13 days!).

Check the transaction dates against the transaction dates in the account's monthly statement.

The monthly statement usually has the effective dates and daily balances used to calculate interest.

Many banks use a hack for the date of the interest for a month so that the interest appears in that month's statement. For example, interest for Sept. 1 to Sept. 30 will show as paid Sept. 30 when it is actually paid/credited after the close of Sept. 30. Consequently, the interest for September doesn't earn interest until the next day, Oct. 1.