Bmo Alto, A Division Of Bank Of Montreal Harris
Online Savings Account - 5.10% APY

Fee and Feature Guide

Savings Account
Interest Rate
APY 5.10%
Minimum deposit amount $0.00
Maximum deposit amount N/A
Balance Requirements
Minimum Opening Deposit $0.00
Minimum Balance to Avoid Fees $0.00
Minimum Required Balance $0.00
Monthly Maintenance Fee N/A
Foreign ATM Fees N/A
Insufficient Funds Fee N/A
Incoming Wires N/A
Paper Statements ×
Online Statements Yes
Online and Telephone Banking
Online Banking Yes
Telephone Banking ×
Mobile Banking ×
Deposit Checks with Mobile Device ×
Free Bill Pay ×
Online Bill Payments Required ×
Account Opening
Open Online Yes
Insured by F.D.I.C.

Customer Reviews for BMO Alto, a division of Bank of Montreal Harris

  • June 10, 2024 |

    Online Savings Rates

    I guess customer service is in the US (not sure). I'd rather that someone in the Philippines answered though. These people are so poorly trained and ill informed that I do not trust them with my personal info. #1 worst customer service of any online bank.

  • April 20, 2024 |

    Online CDs 60 Month Rates

    You really cannot prepare for how bad the customer service is on this one until you try to try to open and account and then need to call to find out why it wasn't funded promptly with your ACh bank instructions. I spoke to two people and neither was trained to answer the most simple questions.

  • March 2, 2024 |

    Online Savings Rates

    I opened a CD here. They withdrew the money and the account didn't show up for days. In the meantime, they lowered the rate. I called to be sure that I got the higher rate and the CSR said "you'll have to wait and see - this can go either way, sometimes you win, sometimes you lose." I ended up getting the rate on the day that I signed up. As far as I am concerned, this is a contract, and if the CSR is so poorly informed that they will make statements like this, then I will not be opening any further accounts.

  • February 15, 2024 |

    Online Savings Rates

    If a 4.60% rate is the best 5-year CD rate, then you are better off with a 5-year US Treasury at 4.30% if you live in a higher tax state like IL, NY, MA or me in CA. That having been said, BMO is worth keeping an eye on as they were offering 5.25% on the 5-year a couple months ago.

  • November 15, 2023

    Online CDs 12 Month Rates

    The 5-year is very tempting @5.25% with 5 year Treasurys under 4.50% now. I am in a high tax bracket and this is the first time in 18 months that CDs have become interesting. Too bad that this bank's reviews are just so damn bad.

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