BMO Bank Savings Builder bonus: is $60 worth it?
What it adds over what your cash earns now, tier by tier. Change the rate to yours.
+$59: more than leaving it at 4.15%
With the bonus240%
Leave it where it is4.15%
Yearly rate on $25 while it's there, bonus included.
The math
Compared with leaving $25 at 4.15%
Bonus
+$60
Interest while it's there
0.01% for 365 days
$0
What it'd earn at home
$25 at 4.15% for 365 days
−$1
Extra
+$59
Works out to 240% a year on that cash, vs 4.15% at home.
Deposit $200 in new money within 365 days. Verified on the bank's page Oct 9, 2026.
About this bonus
What it takes
- 1Deposit $200 in new money within 365 days
- Ends
- No end date listed
- Where
- Nationwide
- Pays while it's there
- 0.01% a year
- Monthly fee
- None
- Cash stays
- About 365 days
- Bonus paid
- Usually within 5 days of finishing
- Credit check
- A ChexSystems inquiry (not your credit score)
Similar bonuses
The same kind of account, ranked by what each adds at 4.15%.
Questions
Is the BMO Bank Savings Builder bonus worth it?
At 4.15%, about what T-bills or a money market fund pay (as of Oct 12, 2026), the $25 tier adds +$59: the $60 bonus, minus the $1 that cash would have earned in 365 days. At a different rate the answer changes; the calculator on this page works it out for yours.
What are the requirements?
Deposit $200 in new money within 365 days. Open nationwide.
When does it end?
No end date is listed. The terms were last checked Oct 9, 2026.