Latest BMO Bank USA Interest Rates - September 2026

BMO Bank USA Interest Rates & Loan Products Overview

Quick Summary: Key reference lending rates, consumer deposit yields, and financing options offered by BMO Bank USA (BMO_US):

Featured Rates & Products:

• Deposit Accounts & CDs: Standard retail savings accounts earn a baseline of 0.01% APY, while BMO Alto / fixed CD products yield 2.50% APY on 6- to 12-month terms and up to 2.80% APY on 36-month terms (with standard in-branch standard terms yielding 0.05% to 0.75% APY).
• Mortgage Loans: 30-Year Fixed purchase mortgage interest rates start around 6.875% (approx. 7.05% APR), offering low-down-payment conventional financing up to 97% LTV with closing cost assistance programs available for qualifying home buyers.
• Unsecured & Auto Lending: Direct unsecured consumer personal installment loans and direct retail auto loans are not offered for standard online origination (consumer borrowing is oriented towards Home Equity Loans/HELOCs and indirect dealership financing).
• Credit Cards: Consumer credit cards (such as the BMO Platinum Mastercard) offer introductory 0% APR windows followed by ongoing variable purchase APRs starting from 16.49% to 26.49%.
• Benchmark Index: The reference Wall Street Journal / BMO Prime Lending Rate stands at 6.75%.

💡 Financial Tip: Homebuyers can qualify for an ongoing 0.125% mortgage interest rate reduction by enrolling in automatic payments linked to an active BMO checking account.