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BMO ALTO High Yield Savings Account Review - Is It Worth It? (2024)BMO Alto offers a high-yield savings account and above-the-national-average CDs, but there's no physical branch or mobile access to funds. BMO Alto, the online-only arm of BMO, is a relative newcomer in the online banking space, launching nationwide in BMO, one of the largest. The Alto site is % legit. I spoke to BMO agents who confirmed. It's a wholly separate site from BMO by design, on different banking platforms.