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
First National Bank of America4.30% APY5 years$1,000Learn more
Connexus Credit Union4.30% APY17 months$5,000Learn more
NASA Federal Credit Union4.20% APY49 months$10,000Learn more
Climate First Bank4.07% APY6 months$500Learn more
Popular Direct4.05% APY1 year$10,000Learn more
OMB Bank4.05% APY3 months$1,000Learn more
Sallie Mae Bank4.00% APY5 years$2,500Learn more
Newtek Bank4.00% APY6 months$2,500Learn more
LendingClub3.40% APY5 years$500Learn more
Wells Fargo1.50% APY1 year$2,500Learn more
Bank of America0.03% APY1 year$1,000Learn more

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