BMO's online brand, Alto, pays 3.15% APY on its Online Savings account, with no monthly fee and no minimum balance. The rate is variable, so check the last-checked date before you rely on it.
Eligibility
Available nationwide
No state restrictions on this offer.
No hard credit pull
Opening this account does not post a hard inquiry.
How to get the BMO Alto Online Savings rate
- Open a BMO Alto Online Savings account (no minimum to open).
- Move money in; there is no fee and no minimum balance.
- Interest compounds daily and is credited monthly.
The fine print that matters
- The APY is variable and can change before or after you open the account.
- Alto is BMO's online-only brand; it is a separate application from a standard BMO account.
Verification and reports
Confirmed against bmo.com on Jul 17, 2026. Based on 0 field reports. Status Limited reports is computed from those reports, never hand-set.
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Sources: alto.bmo.com Online Savings (checked Jul 17, 2026)
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