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BMO ALTO High Yield Savings Account Review - Is It Worth It? (2024)Competitive deposit interest rates: All of BMO Alto's products offer competitive annual percentage yields (APYs), which reach as high as %. Their CD rate was really competitive among all the other banks that I checked; the new saving account has an amazing % rate and the direct deposit came in 5. Pros � BMO Alto's savings APY is very competitive and the account doesn't charge any monthly fees. � BMO Alto is available nationwide. � Both BMO Alto's savings.