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BMO Alto High Yield Savings Account: Is It Worth It? - Review (2024)BMO Alto offers highly competitive CD and savings rates, and no fees. However, there's no mobile app and no mobile check deposit. Retirement accounts, such as IRAs. BMO Alto's online banking portal includes basic features for viewing your account balances, statements and documents. You can. Open an IRA Premium Savers with BMO Bank for a $ minimum opening deposit, with no monthly maintenance fee. Find more about the Premium Savers plan.