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The bank or credit union is a type of savings you a better deal, but funds compared to regular savings.

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?? BMO Alto High Yield Savings Account Review: Attractive Returns with User Friendly Features
The BMO Alto Online Savings Account has a higher interest rate at % APY, and you won't have to meet any requirements to get that rate. It. Maximize your money with our high-yield online savings account that offers great interest rates, no fees and no required balance or minimum deposit. Grow your savings with our high-yield online-only CD s. No minimum balance. $0 minimum opening deposit. 6 available fixed terms (6 months to 60 months).

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It can be added to any existing bank plan. Advertiser Disclosure. That may influence which products we write about, but it does not affect what we write about them. Click the Open Now button on the account page and have your SIN number ready to complete the application. You can choose whether you want a lower joint monthly fee and fewer transactions or a higher joint monthly fee and unlimited transactions.