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BMO ALTO High Yield Savings Account Review - Is It Worth It? (2024)The BMO Alto Online Savings Account, the bank's high-yield savings option, allows you to earn % APY. There is a $0 minimum deposit and no fees. Launched in , BMO Alto focuses on providing high-yield savings accounts and certificates of deposit (CDs) with competitive interest rates and no monthly. The account is pretty low maintenance -- no monthly service fees, no account minimums, no opening deposits -- but offers no branch access at BMO.