BMO Alto 2026 Review

Mika L.
Written by Mika L.
Financial Content Writer

BMO Alto4.0/5

Rate (APY)
3.60% APY
Term
5 years
Minimum Deposit
$0
Promotion
N/A
Apply Now →on BMO Alto's website

BMO Alto offers a unique advantage with no minimum deposit requirement, making it accessible for all savers, although its 3.60% APY is lower than some competitors.

Pros:

  • No minimum deposit
  • Online-only convenience

Cons:

  • Lower APY compared to others

In conclusion, BMO Alto's no minimum deposit requirement and steady 3.60% APY make it an attractive option for new savers or those looking to diversify their investment portfolio, though it may not be the best choice for those seeking the highest rates available. Overall, it suits individuals prioritizing accessibility and consistency over maximum returns.

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Summary of all rates from our cd rate pages. Click column headers to sort.

Provider ↕Rate ↓Term ↕Min Deposit
Bread Savings4.75% APY5 years$1,500Learn more
America First Federal Credit Union4.10% APY5 years$500Learn more
Vibrant Credit Union4.10% APY6 months$5Learn more
CommunityWide Federal Credit Union4.10% APY6 months$1,000Learn more
Popular Direct4.10% APY6 months$10,000Learn more
Newtek Bank4.10% APY6 months$2,500Learn more
Live Oak Bank Personal4.10% APY12 months$2,500Learn more
Limelight Bank4.03% APY1 year$1,000Learn more
Marcus by Goldman Sachs4.00% APY1 year$500Learn more
Sallie Mae4.00% APY5 years$2,500Learn more
Marcus by Goldman Sachs High-Yield4.00% APY12 months$500Learn more
TAB Bank3.90% APY12 months$1,000Learn more
My Banking Direct3.80% APY6 months$2,500Learn more
Synchrony Bank3.75% APY5 years$0Learn more
BMO Alto3.60% APY5 years$0Learn more
LendingClub3.50% APY1 year$500Learn more

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