Bmo Alto vs. Citibank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of BMO Alto vs. Citibank
Key Metrics at a Glance
| Feature | BMO Alto | Citibank |
|---|---|---|
| Top Savings APY | 3.25% Savings Account | 3.35% Citi Accelerate Savings |
| Minimum to Open | $0 | $0 |
| Minimum Balance for Top APY | $0 | $0.01 |
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.
- No maintenance fees or minimum balance requirements at BMO Alto.
Potential Drawbacks
- BMO Alto has no physical branches.
Citibank
Strengths
- Citibank's Citi Accelerate Savings offers a slightly higher APY of 3.35%, down from 3.40% last month.
- Citibank has a high App Store rating of 4.9 and Google Play rating of 4.8.
Potential Drawbacks
- Citibank has a poor BBB rating of D- and is not BBB Accredited.
- Citibank charges a maintenance fee of $4.50 unless balance requirements are met.
→ 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 Citibank's 3.35% APY for its Citi Accelerate Savings account, with a minimum balance of $0.01.
→ Citibank yields $10 more than BMO Alto on a $10,000 balance after one year. BMO Alto pays $325, while Citibank pays $335 - an APY advantage for Citibank.
→ In addition, Citibank also offers 0.03% APY for the Citi® Savings Account account.
Calculate Savings Growth for BMO Alto vs Citibank
BMO Alto - Savings Account
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
Total balance: $19,955.5
Earnings: $1,955.5
Bank OverviewCitibank - Citi Accelerate Savings
Total savings breakdown:
- Interest earned: $2,018.8 (10.08%)
- Total contributions: $13,000 (64.94%)
- Initial deposit: $5,000 (24.98%)
Your total balance
$20,018.80
Total balance: $20,018.8
Earnings: $2,018.8
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, BMO Alto's total earnings would be $63.3 lower than Citibank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare BMO Alto's vs Citibank's Savings Accounts
| BMO Alto | Citibank | |||
|---|---|---|---|---|
| Product | Savings Account | vs | Citi Accelerate Savings | Citi® Savings Account |
| APY | 3.25% (as of 11/12/2025) | 3.35% (as of 11/12/2025) | 0.03% (as of 11/12/2025) | |
| Bundled Account | No | No | No | |
| FDIC-insured | Yes | Yes | Yes | |
| Online Only | Yes | Yes | No | |
| Compound Frequency | Daily | Daily | Daily | |
| Minimum Deposit | $0 | $0 | $0 | |
| Minimum Balance for APY | $0 | $0.01 | $0.01 | |
| Maintenance Fee | $0 | $4.50. Waived for average monthly balances > $500 | $4.50. Waived for average monthly balances > $500 | |
| Direct Deposit Required | No | No | No | |
| Eligibility | United States | Alaska, Alabama, Arkansas, Arizona, Colorado, Delaware, Florida (select parts), Georgia, Hawaii, Iowa, Idaho, Illinois (select parts), Indiana, Kansas, Kentucky, Louisiana, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Mexico, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia (partial), Washington (partial), Wisconsin, West Virginia, Wyoming. | California, Connecticut, Maryland, Nevada, New Jersey, New York, Virginia (partial), Washington D.C., and select parts of Florida and Illinois. In addition, promotional rates may be available if requirements are met. | |
| App Store Rating | No | 4.9/5 | ||
| Google Play Rating | No | 4.8/5 | ||
| BBB Rating | A+ | D- | ||
Comparative Historical APY Insights (Last 9 Months)
| BMO Alto | Citibank | |||
|---|---|---|---|---|
| Product | Savings Account | vs | Citi® Savings Account | Citi Accelerate Savings |
| Latest APY | 3.25 % | 0.03 % | 3.35 % | |
| Trend | Falling | Sideways | Sideways | |
| Slope (bps/mo) | -7.2 | 0.0 | -4.8 | |
| Rate Changes / Mo | 0.52 | 0.00 | 0.52 | |
| Days Since Last Change | 55 | 289 | 9 | |
| High (-9 m) | 4.10 % | 0.03 % | 3.80 % | |
| Low (-9 m) | 3.25 % | 0.03 % | 3.35 % | |
| Draw-down from High | -20.7 % | 0.0 % | -11.8 % | |
| Volatility (CV) | 0.062 | 0.000 | 0.039 | |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 9 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 (-9 m)
- Highest APY in the last 289 days.
- Low (-9 m)
- Lowest APY in the last 289 days.
- Draw-down from High
- How far today sits below the 9-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.