Bmo Alto vs. Capital One

High-Yield Savings Account Comparison

By Aviel Fahl|Last Updated: November 12, 2025

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Summary of BMO Alto vs. Capital One

Key Metrics at a Glance

FeatureBMO AltoCapital One
Top Savings APY

3.25%

Savings Account

3.40%

360 Performance Savings

Minimum to Open$0$0
Minimum Balance for Top APY$0$0

BMO Alto

Strengths

  • BMO Alto has no maintenance fees for its savings account.
  • BMO Alto offers a competitive APY of 3.25%, unchanged from 30 days ago.

Potential Drawbacks

  • BMO Alto has no physical branches for in-person banking.
  • BMO Alto's App Store and Google Play ratings are not available.

Capital One

Strengths

  • Capital One offers a higher APY of 3.40%, stable over the last 30 days.
  • Capital One has over 200 branches for customer convenience.
  • Capital One boasts strong App Store (4.9) and Google Play (4.5) ratings.

Potential Drawbacks

  • Capital One's savings account also has no direct deposit requirement.
Summary: BMO Alto offers a 3.25% APY with no fees but lacks branches and app ratings. In contrast, Capital One provides a slightly higher 3.40% APY, extensive branch access, and excellent app ratings, making it more appealing for those valuing in-person service and digital experience.

→ 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 Capital One's 3.40% APY for its 360 Performance Savings account, with a minimum balance of $0.

Capital One yields $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.

Calculate Savings Growth for BMO Alto vs Capital One

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

Capital One - 360 Performance Savings

Top APY: 3.40%

Total savings breakdown:

  • Interest earned: $2,050.5 (10.23%)
  • Total contributions: $13,000 (64.84%)
  • Initial deposit: $5,000 (24.94%)

Your total balance

$20,050.50

Effective APY: 3.40% (based on your deposit and contributions)

Total balance: $20,050.5

Earnings: $2,050.5

Bank Overview

With a $5,000 initial deposit and $13,000 in total contributions over 5 years, BMO Alto's total earnings would be $95 lower than Capital One's total earnings.

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

Compare BMO Alto's vs Capital One's Savings Accounts

BMO AltoCapital One
ProductSavings Accountvs360 Performance Savings
APY
3.25% (as of 11/12/2025)3.40% (as of 11/12/2025)
Bundled Account
NoNo
FDIC-insured
YesYes
Online OnlyYesNo
Compound Frequency
DailyMonthly
Minimum Deposit$0$0
Minimum Balance for APY$0$0
Maintenance Fee$0$0
Direct Deposit Required
NoNo
App Store RatingNo4.9/5
Google Play RatingNo4.5/5
BBB RatingA+A+

Comparative Historical APY Insights (Last 10 Months)

BMO AltoCapital One
ProductSavings Accountvs360 Performance Savings
Latest APY3.25 %3.40 %
TrendFallingSideways
Slope (bps/mo)-7.4-3.7
Rate Changes / Mo0.510.41
Days Since Last Change5543
High (-10 m)4.10 %3.80 %
Low (-10 m)3.25 %3.40 %
Draw-down from High-20.7 %-10.5 %
Volatility (CV)0.0650.032
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 Capital One's APY of 3.40% with other banks