Bmo Alto vs. Briodirect

High-Yield Savings Account Comparison

By Aviel Fahl|Last Updated: November 12, 2025

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Summary of BMO Alto vs. BrioDirect

Key Metrics at a Glance

FeatureBMO AltoBrioDirect
Top Savings APY

3.25%

Savings Account

4.00%

High-Yield Savings Account

Minimum to Open$0$5,000
Minimum Balance for Top APY$0$25

BMO Alto

Strengths

  • BMO Alto offers a competitive APY of 3.25%, unchanged from 30 days ago.
  • BMO Alto has an A+ BBB rating and is BBB Accredited.

Potential Drawbacks

  • BMO Alto has no branches, limiting in-person banking options.

BrioDirect

Strengths

  • BrioDirect provides a higher APY of 4.00%, down from 4.20% last month.
  • BrioDirect has a strong App Store rating of 4.7.

Potential Drawbacks

  • BrioDirect's BBB rating is B- and it is not BBB Accredited.
  • BrioDirect requires a minimum deposit of $5,000 to open an account.
Summary: BMO Alto offers a stable APY of 3.25% with an A+ BBB rating, while BrioDirect provides a higher APY of 4.00% but with a lower BBB rating of B-. BrioDirect also requires a significant minimum deposit of $5,000, which may deter some customers. Both banks operate online only, lacking branch access.

→ As of November 12, 2025 BMO Alto offers an APY of 3.25% for its Savings Account, with a minimum balance of $0, compared to BrioDirect's 4.00% APY for its High-Yield Savings Account, with a minimum balance of $25.

BrioDirect yields $75 more than BMO Alto on a $10,000 balance after one year. BMO Alto pays $325, while BrioDirect pays $400 - an APY advantage for BrioDirect.

Calculate Savings Growth for BMO Alto vs BrioDirect

All calculations are based on APY.

BMO Alto - Savings Account

Top APY: 3.25%

Total savings breakdown:

  • Interest earned: $1,955.5 (9.80%)
  • Total contributions: $13,000 (65.14%)
  • Initial deposit: $5,000 (25.06%)

Your total balance

$19,955.50

Effective APY: 3.25% (based on your deposit and contributions)

Total balance: $19,955.5

Earnings: $1,955.5

Bank Overview

BrioDirect - High-Yield Savings Account

Top APY: 4.00%

Total savings breakdown:

  • Interest earned: $2,434.7 (11.91%)
  • Total contributions: $13,000 (63.62%)
  • Initial deposit: $5,000 (24.47%)

Your total balance

$20,434.70

Effective APY: 4.00% (based on your deposit and contributions)

Total balance: $20,434.7

Earnings: $2,434.7

Bank Overview

With a $5,000 initial deposit and $13,000 in total contributions over 5 years, BMO Alto's total earnings would be $479.2 lower than BrioDirect's total earnings.

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

Compare BMO Alto's vs BrioDirect's Savings Accounts

BMO AltoBrioDirect
ProductSavings AccountvsHigh-Yield Savings Account
APY
3.25% (as of 11/12/2025)4.00% (as of 11/12/2025)
Bundled Account
NoNo
FDIC-insured
YesYes
Online OnlyYesYes
Compound Frequency
DailyDaily
Minimum Deposit$0$5,000
Minimum Balance for APY$0$25
Maintenance Fee$0$0
Direct Deposit Required
NoNo
App Store RatingNo4.7/5
Google Play RatingNo4.3/5
BBB RatingA+B-

Comparative Historical APY Insights (Last 10 Months)

BMO AltoBrioDirect
ProductSavings AccountvsHigh-Yield Savings Account
Latest APY3.25 %4.00 %
TrendFallingSideways
Slope (bps/mo)-7.4-4.5
Rate Changes / Mo0.510.61
Days Since Last Change5513
High (-10 m)4.10 %4.55 %
Low (-10 m)3.25 %4.00 %
Draw-down from High-20.7 %-12.1 %
Volatility (CV)0.0650.033
APY Insights Glossary
Latest APY
Most recent advertised annual-percentage yield.
Trend
Direction over the last 10 months (regression slope).
Slope (bps/mo)
Average monthly change; 10 bps = 0.10 pp.
Rate Changes / Mo
Typical number of APY moves per month.
Days Since Last Change
Recency of the latest APY adjustment.
High (-10 m)
Highest APY in the last 295 days.
Low (-10 m)
Lowest APY in the last 295 days.
Draw-down from High
How far today sits below the 10-month peak.
Volatility (CV)
Coefficient of variation = stdev ÷ mean.
Why Track Savings-Account APYs?
  • See how quickly a bank reacts to Fed moves or competition.
  • Gauge “twitchiness” - frequent moves can annoy savers.
  • Spot if you're buying near a peak (draw-down) or riding a rise.
  • Slope (bps/mo) shows speed of change.
  • Volatility (CV) scales jumps by average level.

More Comparisons

Compare BMO Alto's APY of 3.25% with other banks
Compare BrioDirect's APY of 4.00% with other banks