BMO Harris Bank is known for its high interest rates, but the bank has recently beaten their own record by offering a new promotion.

BMO Harris Bank is now offering the highest CD rates in the industry. The bank has recently increased their rates to 2.80% APY on a 30-month certificate of deposit. Read more in detail here: highest cd rates.

BMO Harris CD Rates – Now up to 2.80% APY


BMO Harris Bank, situated in Chicago, Illinois, now provides 10 standard term CDs (certificates of deposit) with terms ranging from three months to five years to customers worldwide.

There are also five “CD Specials” with unusual maturities such as 13, 25, 35, 45, and 59 months. These CDs have greater interest rates and annual percentage yields (APYs) than conventional term CDs.

Despite the fact that BMO Harris Bank has branches in just nine states (Arizona, California, Florida, Illinois, Indiana, Kansas, Missouri, Minnesota, and Wisconsin), anybody 18 years or older may create a CD online.

BMO Harris is a member of the Federal Deposit Insurance Corporation (FDIC), and all deposit accounts are federally insured up to the appropriate limitations.

Important: CD rates at BMO Harris Bank vary a lot depending on where you live. We’ve included BMO Harris Bank’s CD rates for customers in California and Missouri to give you a sense of the variety. See the table below for further information.

This article will teach you how to: is the source of this photograph.

BMO Harris offers attractive or not-so-competitive rates on certificates of deposit, depending on which state you reside in.

Their CD Specials are listed below. There are five terms to pick from, each with a $5,000 minimum deposit.

The first set of rates came from a location in Los Angeles, California, while the second set came from a site in St. Louis, Missouri.

Special CDs (California rates)

Term APY
13 months 1.75%
25 months 2.25%
35 months 2.35%
45 months 2.45%
59 months 2.70%

CD rates are based on zip code 90001 in Los Angeles.

To put these deals in perspective, the current national average for a 12 month CD and a 60 month CD, according to recent FDIC statistics, is only 0.21 percent and 0.39 percent, respectively.

Special CDs (Missouri rates)

Term APY
13 months 0.50%
25 months 1.00%
35 months 1.25%
45 months 1.50%
59 months 1.75%

CD rates are based on the zip code 63101 in St. Louis.

As of May 2022, the rates are correct. You may test your own zip code on their CD page to see where your charges will settle. Their website also allows you to open CDs.

CD Rates at a Glance (California Rates)

BMO Harris Bank’s typical CD rates, like their CD specials, vary significantly per state. Standard CDs, on the other hand, simply demand a $1,000 deposit regardless of your location.

Term APY
3 months 0.05%
6 months 1.10%
9 months 1.40%
12 months 1.75%
18 months 2.00%
24 months 2.25%
30 months 2.30%
36 months 2.35%
48 months 2.55%
60 months 2.80%

CD Rates at a Glance (Missouri Rates)

BMO Harris Bank’s typical CD rates, like their CD specials, vary significantly per state. Standard CDs, on the other hand, simply demand a $1,000 deposit regardless of your location.

Term APY
3 months 0.05%
6 months 0.05%
9 months 0.05%
12 months 0.05%
18 months 0.05%
24 months 0.05%
30 months 0.05%
36 months 0.10%
48 months 0.15%
60 months 0.25%

CD-ROM Add-Ons

As of May 2022, there are none available, however this is a product that they often have.

With CD-ROM Add-Ons, additional deposits may be made into your BMO Harris CD during the term of the CD and during the There is a grace period..

These extra deposits may be made via another BMO Harris deposit account, mobile banking, telephone banking, a branch transfer request, or when you log into your online banking account. The maximum deposit amount is $100,000. (excluding interest).

There is a grace period.

BMO Harris Bank has a 10 calendar day There is a grace period. after maturity for both CD specials and standard term CDs. During this time you may add or withdraw any or all funds without facing a penalty. If you need to withdraw funds prior to your CD’s maturity, you will face early withdrawal fees.

If nothing is done during this 10 day There is a grace period., your CD will renew into a new deposit with the going rate and APY at that time.

Penalties for Early Withdrawal

Penalties for Early Withdrawal are fairly straight forward and will not affect your principal, just interest accrued. They are as follows:

CD Term Fee
364 days – 3 months Interest for 90 days
365 or more days Interest for 180 days

The “wintrust cd rates” is a bank that offers CD rates. On their website, they offer a 2.80% APY.

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