Student reviews of Bank of Montreal (BMO) GICs highlight mixed experiences. Many appreciate the competitive interest rates and low-risk investment option, ideal for short-term savings. The ease of opening an account online and flexible terms are frequently praised.
However, some students criticize limited liquidity, as funds are locked until maturity. Others note that higher returns may be available elsewhere. Customer service experiences vary, with some reporting helpful assistance while others mention delays. Overall, BMO GICs are considered reliable but may not suit all students’ financial goals.
