TORONTO, ONTARIO — (Marketwired) — 07/18/13 — As part of BMO Financial Group-s ongoing commitment to financial literacy and -Making Money Make Sense-, BMO is releasing a financial tip every day in the summer to help Canadians make the -BMOst of summer- in 2013.
BMOst of Summer Financial Tip of the Day: Grow your summer vacation fund faster in a high-interest savings account.
Whether you are contributing last-minute savings to your summer vacation fund for this year or getting a head start on saving for next summer, take advantage of a high-interest savings account to grow your savings faster.
“Saving funds in advance for summer vacations is one of the best ways to ensure you don-t overextend yourself financially,” said Christine Canning, Head of Everyday Banking Products, BMO Bank of Montreal. “Maximize your savings by using a high-interest savings account. For instance the allows for unlimited deposits and transfers into the account, unlimited transfers to other BMO accounts and free access to – an online personal financial management tool to help track everyday expenses.”
BMO offers a number of products and services that can help Canadians get more out of every dollar they spend this summer. For more details on how to make the -BMOst of Summer,- drop by a BMO branch or visit .
About BMO Financial Group
Established in 1817 as Bank of Montreal, BMO Financial Group is a highly-diversified North American financial services organization. With total assets of $555 billion as at April 30, 2013, and more than 46,000 employees, BMO Financial Group provides a broad range of personal and commercial banking, wealth management and investment banking products and solutions.
Contacts:
Media Contacts:
Jessica Park, Toronto
(416) 867-3996
Valerie Doucet, Montreal
(514) 877-8224
Laurie Grant, Vancouver
(604) 665-7596
Internet:
Twitter: @BMOmedia