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BMO Alto High Yield Savings Account: Is It Worth It? - Review (2024)BMO's student bank account options include chequing and savings accounts with low or no fees. Here's how to decide if a BMO account is right for you. Fees: 50% � Branch and ATM access: 15% � Customer experience: 10% � Digital experience: 10% � Minimums: 10% � Balance to avoid monthly fee: 5%. The ATM operator or network may also charge you a surcharge fee for a transaction or balance inquiry. Account closing fee $50 If closed within 90 days of.