Bank · FDIC insured
BMO CD Rates
BMO’s best CD rate is 3.00% APY on a 59-month CD. Terms run from 13 months to 59 months. Rates checked October 16, 2026.
How BMO’s CD rates compare
Compared with banks and credit unions near Chicago, IL-IN, where BMO has the most branches. $10,000, best rate first.
This bank’s best
BMO
3.00%APY
- Term
- 59 months
- Minimum
- $1,000
- Earns on $10,000
- $1,564
CD Specials
Top rate
Vicinity Credit Union
5.15%APY
- Term
- 13 months
- Minimum
- $1,000
- Earns on $10,000
- $559
2nd-highest rate
Whiting Refinery Federal Credit Union
5.12%APY
- Term
- 60 months
- Minimum
- $1,000
- Earns on $10,000
- $2,836
BMO CD score
66
CD score
Higher than 17% of U.S. banks and credit unions
- 9–15 months9–15 mo2.50%
- 16–30 months16–30 mo2.75%
- 31–60 months31–60 mo3.00%
- QualifiedQualified3.00%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where BMO ranks
By CD score, in each area where it has branches
Every rate
Current CD rates
Rates from the bank’s website. Earnings assume the rate doesn’t change.
CD Specials
Up to 3.00%APY · 5 terms
Rates for ZIP code 60606. Early withdrawal penalties may apply. Account must be opened online, by phone, or at a financial center. For CDs opened online, funds may not be withdrawn for 15 calendar days after funding; for CDs opened by phone, accounts must be funded within 10 business days of application and funds may not be withdrawn for 15 calendar days after funding. CDs opened online cannot be for an IRA.
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 13 months | 2.50% | $271 |
| 25 months | 2.75% | $581 |
| 35 months | 2.80% | $839 |
| 45 months | 2.90% | $1,132 |
| 59 months | 3.00% | $1,564 |
Sources (1)
- bmo.com/en-us/main/personal/sa…/certificates-of-deposit · captured Sep 17, 2026
Special-purpose accounts
IRA Certificates of Deposit (CDs)
Up to 0.75%APY · 10 terms
Available as Traditional, Roth or SEP IRA. Interest compounded daily and paid at maturity on 3-, 6- and 9-month CDs; paid quarterly on CDs of one year or longer. Early withdrawal penalty applies except to Qualified IRA Distributions. 1 and 2 month CDs are Jumbo CDs and not available for IRA accounts.
| Term | APY · $1,000 and up | APY · $5,000 and up | APY · $100,000 and up | APY | Earns on $10,000Earns |
|---|---|---|---|---|---|
| 3 monthsRates for ZIP code 60603 | 0.05% | 0.05% | 0.05% | 0.05%0.05% from $5k0.05% from $100k | $1 |
| 6 monthsRates for ZIP code 60603 | 0.05% | 0.05% | 0.05% | 0.05%0.05% from $5k0.05% from $100k | $2 |
| 9 monthsRates for ZIP code 60603 | 0.05% | 0.05% | 0.05% | 0.05%0.05% from $5k0.05% from $100k | $4 |
| 12 monthsRates for ZIP code 60603 | 0.75% | 0.75% | 0.75% | 0.75%0.75% from $5k0.75% from $100k | $75 |
| 18 monthsRates for ZIP code 60603 | 0.75% | 0.75% | 0.75% | 0.75%0.75% from $5k0.75% from $100k | $113 |
| 24 monthsRates for ZIP code 60603 | 0.75% | 0.75% | 0.75% | 0.75%0.75% from $5k0.75% from $100k | $151 |
| 30 monthsRates for ZIP code 60603 | 0.75% | 0.75% | 0.75% | 0.75%0.75% from $5k0.75% from $100k | $189 |
| 36 monthsRates for ZIP code 60603 | 0.75% | 0.75% | 0.75% | 0.75%0.75% from $5k0.75% from $100k | $227 |
| 48 monthsRates for ZIP code 60603 | 0.75% | 0.75% | 0.75% | 0.75%0.75% from $5k0.75% from $100k | $303 |
| 60 monthsRates for ZIP code 60603 | 0.75% | 0.75% | 0.75% | 0.75%0.75% from $5k0.75% from $100k | $381 |
Sources (1)
- bmo.com/en-us/main/personal/in…s-and-retirement/ira-cds · captured Oct 16, 2026
Opening an account
Confirm the bank’s opening requirements and whether the account is available where you live. A nearby branch does not establish eligibility for every rate.