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BMO Alto High Yield Savings Review: Is It Worth It? (2024)The Bank of Montreal (BMO) savings interest rate is remarkably low at a % annual percentage yield (APY). This is comparable to rates at other big banks. The best savings account rate at BMO is offered through the BMO Alto Online Savings Account. It offers an interest rate of % APY, higher. BMO's Everyday Savings Account interest rates range from % to % or % bonus interest. Other savings accounts on the market can reach up to the 5%.