BMO Harris Savings Builder Account: Key Features

 BMO Harris Bank did offer a savings account called the "BMO Harris Savings Builder Account." However, please keep in mind that banks can change their product offerings, including savings accounts, over time. Therefore, it's essential to verify the current availability and features of the Savings Builder Account with BMO Harris Bank by visiting their official website or contacting them directly.

1. Tiered Interest Rates: The account typically offered tiered interest rates, meaning the interest rate could increase as your account balance grows. This can provide an incentive for customers to save more.

2. Monthly Qualification: To earn the higher interest rate, account holders might be required to meet certain monthly qualification criteria, such as maintaining a minimum balance or making regular deposits.

3. No Monthly Maintenance Fee: The account may have had no monthly maintenance fees, making it more cost-effective for savers.

4. Online and Mobile Access: Account holders could access their Savings Builder Account online and through mobile banking, allowing for easy account management.

5. Automatic Transfers: The account might have allowed for automatic transfers from a BMO Harris checking account to help customers save more consistently.

6. Overdraft Protection: Some customers may have had the option to link their savings account to a BMO Harris checking account for overdraft protection.

Since account features and availability can change, it's essential to check with BMO Harris Bank or visit their official website for the most up-to-date information on the Savings Builder Account or any other savings account options they offer. You can also inquire about any new savings account products or promotions they may have introduced since my last update.