How To Buy Gic In Bmo Investorline
How to buy GIC in BMO InvestorLine: A Comprehensive Guide
As an investor, diversifying your portfolio is paramount to mitigating risks and maximizing returns, which is where Guaranteed Investment Certificates (GICs) come in. They offer a reliable investment solution that produces consistent interest over a fixed period. This guide explores how you can buy GICs in BMO InvestorLine through three avenues: online banking, the mobile app, and calling customer service.
Option 1: Buying GICs through BMO InvestorLine Online Banking
The first option you have is the BMO InvestorLine online banking platform. This user-friendly platform empowers you to conduct your transactions with ease, and the following steps will guide you through buying GICs:
- Create an account with BMO InvestorLine if you haven't done so already, or simply log in to your existing account.
- From your dashboard, select 'Purchase Investments.' This opens a new window where you can select your preferred investment type, in this case, 'GIC'.
- Fill in the required details, including the type of GIC, amount, and term.
- Confirm the details, read through the presented terms and conditions, and upon agreement, proceed to checkout to complete your purchase.
Option 2: Buying GICs through BMO InvestorLine Mobile App
Mobile banking is one of the remarkable advancements in the digital age, and BMO InvestorLine has not been left behind. You can buy GICs directly from your mobile device. Here is how to go about it:
- Download BMO InvestorLine mobile app from Google Play Store or Apple App Store on your smartphone. Ensure your device is compatible with the app for optimal performance.
- Once installed, open the app and log in to your account. If you don't have an account, the app provides an easy and dynamic step-by-step guide to help you create one.
- Navigate to the 'Purchase Investments' section, select 'GIC', fill in the necessary details and complete your purchase.
Option 3: Buying GICs by Calling BMO InvestorLine Customer Service
If you wish to receive further assistance or personalized service, contacting BMO InvestorLine customer service may be a suitable option.
- Get the BMO InvestorLine customer service contact from the BMO InvestorLine website or your banking documents.
- Prepare your account details and your GIC specifications like the type, amount, and term of the GIC you want to purchase.
- Call BMO InvestorLine customer service, provide your account details, and inform them of your intention to buy a GIC.
- Follow the directions of the customer service representative to complete your GIC purchase.
BMO InvestorLine is one of Canada's leading digital banking services, offering a range of services, including the purchase of GICs. It provides digital banking convenience with its online and mobile platforms, but if you prefer a human touch to your transactions or require further assistance, its customer service is always prepared to help. Choose the option that best suits your needs, and start maximizing your investment returns with GICs.