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BMO Savings Builder Account Review Pros and ConsOpen a new Savings Builder account today with BMO and enjoy a no-fee savings banking account. See how we'll reward you for saving in the first year. Free. For deposits, withdrawals, transfers or balance inquiries. All transactions may not be available at all BMO. ATMs or at Participating ATMs. Non-BMO ATM. Minimum opening deposit of $25 is required for BMO Savings Builder accounts. Savings Builder is a variable rate account. Interest rates and Annual Percentage.