High-Yield Savings Account Comparison

BMO Alto vs. Capital One

Compare rates, requirements, and features side-by-side to find the best option for you.

Analysis by Aviel Fahl
Updated January 7, 2026
Comparison of BMO Alto vs Capital One savings accounts
Metric

BMO Alto

Savings Account

Jan 7, 2026

Capital One

360 Performance Savings

Jan 7, 2026
APY3.25%3.40%
Est. Earnings
$5,000+$163
$10,000+$325
$25,000+$813
$5,000+$170
$10,000+$340
$25,000+$850
Min Deposit
$0$0

Snapshot view. Rates subject to change.

Features
FDIC InsuredNo Minimums
FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppIn-Person AccessZelle® Supported

Market Reality Check

Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.21% APY.

See Top Rates

Comparison Analysis

Comparing BMO Alto vs. Capital One

Updated: Jan 7, 2026

As of BMO Alto offers an APY of 3.25% for its Savings Account, with a minimum balance of $0, compared to Capital One's 3.40% APY for its 360 Performance Savings account, with a minimum balance of $0.

Capital One pays $15 more than BMO Alto on a $10,000 balance after one year. BMO Alto pays $325, while Capital One pays $340 - an APY advantage for Capital One.

Why BMO Alto?

No distinct advantages found vs Capital One.

Why Capital One?

  • Higher potential APY (3.40% vs 3.25%) on all balances
  • Physical branch access (Over 200 branches in Louisiana, Maryland, New Jersey, New York, Texas, Virginia and Washington, D.C.)
  • Higher rated iOS app (4.9 vs 0.0)
  • Higher rated Android app (4.5 vs 0.0)
  • Fast transfers via Zelle® (up to $2,500 a day)

— Key Feature Differences —

Better Returns at $10,000
Capital One

Capital One's 360 Performance Savings earns more on smaller deposits (approx. $340 vs $325/yr).

Better Returns at $25,000
Capital One

Capital One's 360 Performance Savings pulls ahead with larger amounts (approx. $850 vs $813/yr).

Best Mobile App Experience
Capital One

Capital One offers an iOS app rated 4.9 (vs. 0.0) and Android app rated 4.5 (vs. 0.0)

Shared Benefits

Both offer monthly maintenance-free account options Both banks have options with $0 opening deposit Available Nationwide Available to New & Existing Customers
The Bottom Line on APY (Interest Only)

Over a 1-year period, Capital One's 360 Performance Savings pays $15 more interest on a $10,000 balance than BMO Alto's Savings Account.

*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.

BMO AltoCapital One

Executive Summary as of

Capital One offers a competitive 360 Performance Savings account with an APY of 3.40%, making it the winner in this comparison. This account allows for monthly compounding and has no minimum deposit or maintenance fees. In contrast, BMO Alto's Savings Account provides a slightly lower APY of 3.25% with daily compounding. Both accounts are online-only and do not require direct deposit, making them accessible for anyone looking to save. Capital One also boasts a better mobile app experience, enhancing user convenience.

The analysis is based on current Banksparency database records

* This content is provided for informational purposes only; always verify details with the provider.

Verify At
BMO Alto

Non-sponsored link to official site

Verify At
Capital One

Non-sponsored link to official site

Top Market Contenders

American Express
3.30% APY
Discover Bank
3.40% APY

BMO Alto vs. Capital One Savings Calculator

Calculations based on current APY for Savings Account and 360 Performance Savings
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$

You earn $15 more with Capital One than BMO Alto on a $10,000 initial deposit for 1 year*.

*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.

BMO Alto

Savings Account

3.25% APY

Savings Breakdown

  • Interest Earned
    +$325.00(3.1%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,325.00

Effective APY
3.25%

Capital One

360 Performance Savings

3.40% APY

Savings Breakdown

  • Interest Earned
    +$340.00(3.3%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,340.00

Effective APY
3.40%

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

FeatureBMO AltoCapital One
APY
3.25%
Verified: 1/7/2026
Stable (90d)
3.40%
Verified: 1/7/2026
Stable (90d)
Product NameSavings Account360 Performance Savings
Minimum Deposit$0$0
Min. Balance for APY$0$0
Monthly Fee$0$0
Branch AccessNoneYes
Account Type
Online Only
Online & Branches
Direct Deposit Req.NoneNone
Checking BundleNoNo
Mobile Apps
iOS-
Android-
iOS4.9
Android4.5
Zelle® Support
Not Supported
Available
Limit: $2,500/dayAvailable for 360 Checking accounts.
BBB RatingA+A+
Next Steps
Visit Site

Non-sponsored link to official site

Visit Site

Non-sponsored link to official site

📈 Compare Savings Rates Over Time

Historical Performance

Last 11 Months Analysis
MetricBMO AltoCapital One
Savings Account360 Performance Savings
Current APY
3.25%3.40%
Trend
Stable Stable
Velocity (bps/mo)
-6.6-3.3
Days Since Change
11098
11-Month High
4.10%3.80%
11-Month Low
3.25%3.40%
Adjustments / Mo
0.430.34
Volatility Score
0.0700.034
How to read these metrics(Click to expand)

Trends & Velocity

  • Trend: The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
  • Velocity (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
  • Adjustments/Mo: "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.

Risk & Range

  • High/Low: The absolute ceiling and floor of the rate during the 350-day window.
  • Volatility Score: Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
  • Days Since Change: If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

More Comparisons

Compare BMO Alto's APY of 3.25% with other banks
Bank PairCompetitor APYMin Deposit
BMO Alto vs Affirm3.20%$0
BMO Alto vs Ally Bank3.30%$0
BMO Alto vs American Express3.30%$0
BMO Alto vs Axos Bank4.31%$0
BMO Alto vs Bank of America0.01%$100
BMO Alto vs Barclays4.00%$0
BMO Alto vs Bask Bank3.75%$0
BMO Alto vs Betterment3.25%$10
BMO Alto vs Bread Savings4.05%$100
BMO Alto vs BrioDirect3.75%$5,000
BMO Alto vs Carver Bank4.00%$5,000
BMO Alto vs Charles Schwab Bank0.15%$0
BMO Alto vs Chase Bank0.01%$0
BMO Alto vs Chime3.50%$0
BMO Alto vs CIT Bank3.75%$100
BMO Alto vs Citibank3.30%$0
BMO Alto vs Citizens Access™3.15%$0.01
BMO Alto vs Climate First Bank4.21%$50
BMO Alto vs Colorado Federal Savings Bank4.05%$50,000
BMO Alto vs Discover Bank3.40%$0
BMO Alto vs E*TRADE from Morgan Stanley3.50%$0
BMO Alto vs Elevault3.82%$0
BMO Alto vs EverBank3.90%$0
BMO Alto vs Fitness Bank4.75%$100
BMO Alto vs FNBO Direct3.00%$1
BMO Alto vs Forbright Bank4.00%$0
BMO Alto vs FVCbank3.85%$500
BMO Alto vs GO2bank4.50%$0
BMO Alto vs Ivy Bank4.10%$2,500
BMO Alto vs Jenius Bank4.05%$0
BMO Alto vs LendingClub4.00%$0
BMO Alto vs Marcus by Goldman Sachs3.65%$0
BMO Alto vs MutualOne Bank4.07%$20,000
BMO Alto vs My Banking Direct4.02%$500
BMO Alto vs Neighbors Bank4.30%$0
BMO Alto vs Newtek Bank4.35%$0.01
BMO Alto vs Openbank4.20%$500
BMO Alto vs Peak Bank3.99%$100
BMO Alto vs Pibank4.60%$0
BMO Alto vs PNC3.30%$0
BMO Alto vs Popular Direct3.90%$100
BMO Alto vs Presidential Bank3.75%$5,000
BMO Alto vs Quontic Bank3.50%$100
BMO Alto vs Salem Five Direct3.61%$10
BMO Alto vs Sallie Mae Bank3.90%$0
BMO Alto vs Santander Bank0.01%$25
BMO Alto vs SoFi Bank4.00%$0
BMO Alto vs Synchrony Bank3.65%$0
BMO Alto vs TD Bank2.60%$0
BMO Alto vs TIMBR4.40%$1,000
BMO Alto vs UFB Direct3.46%$5000
BMO Alto vs Upgrade3.05%$0
BMO Alto vs Valley Direct4.00%$1,000
BMO Alto vs Varo Bank5.00%$0
BMO Alto vs Vio Bank4.09%$100
BMO Alto vs Wealthfront3.90%$0
BMO Alto vs Wells Fargo0.05%$25
BMO Alto vs Zynlo Bank3.85%$10
Compare Capital One's APY of 3.40% with other banks
Bank PairCompetitor APYMin Deposit
Capital One vs Affirm3.20%$0
Capital One vs Ally Bank3.30%$0
Capital One vs American Express3.30%$0
Capital One vs Axos Bank4.31%$0
Capital One vs Bank of America0.01%$100
Capital One vs Barclays4.00%$0
Capital One vs Bask Bank3.75%$0
Capital One vs Betterment3.25%$10
Capital One vs Bread Savings4.05%$100
Capital One vs BrioDirect3.75%$5,000
Capital One vs Carver Bank4.00%$5,000
Capital One vs Charles Schwab Bank0.15%$0
Capital One vs Chase Bank0.01%$0
Capital One vs Chime3.50%$0
Capital One vs CIT Bank3.75%$100
Capital One vs Citibank3.30%$0
Capital One vs Citizens Access™3.15%$0.01
Capital One vs Climate First Bank4.21%$50
Capital One vs Colorado Federal Savings Bank4.05%$50,000
Capital One vs Discover Bank3.40%$0
Capital One vs E*TRADE from Morgan Stanley3.50%$0
Capital One vs Elevault3.82%$0
Capital One vs EverBank3.90%$0
Capital One vs Fitness Bank4.75%$100
Capital One vs FNBO Direct3.00%$1
Capital One vs Forbright Bank4.00%$0
Capital One vs FVCbank3.85%$500
Capital One vs GO2bank4.50%$0
Capital One vs Ivy Bank4.10%$2,500
Capital One vs Jenius Bank4.05%$0
Capital One vs LendingClub4.00%$0
Capital One vs Marcus by Goldman Sachs3.65%$0
Capital One vs MutualOne Bank4.07%$20,000
Capital One vs My Banking Direct4.02%$500
Capital One vs Neighbors Bank4.30%$0
Capital One vs Newtek Bank4.35%$0.01
Capital One vs Openbank4.20%$500
Capital One vs Peak Bank3.99%$100
Capital One vs Pibank4.60%$0
Capital One vs PNC3.30%$0
Capital One vs Popular Direct3.90%$100
Capital One vs Presidential Bank3.75%$5,000
Capital One vs Quontic Bank3.50%$100
Capital One vs Salem Five Direct3.61%$10
Capital One vs Sallie Mae Bank3.90%$0
Capital One vs Santander Bank0.01%$25
Capital One vs SoFi Bank4.00%$0
Capital One vs Synchrony Bank3.65%$0
Capital One vs TD Bank2.60%$0
Capital One vs TIMBR4.40%$1,000
Capital One vs UFB Direct3.46%$5000
Capital One vs Upgrade3.05%$0
Capital One vs Valley Direct4.00%$1,000
Capital One vs Varo Bank5.00%$0
Capital One vs Vio Bank4.09%$100
Capital One vs Wealthfront3.90%$0
Capital One vs Wells Fargo0.05%$25
Capital One vs Zynlo Bank3.85%$10