Bmo Alto vs. Marcus By Goldman Sachs
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of BMO Alto vs. Marcus by Goldman Sachs
Key Metrics at a Glance
| Feature | BMO Alto | Marcus by Goldman Sachs |
|---|---|---|
| Top Savings APY | 3.25% Savings Account | 3.65% Marcus Online Savings Account |
| Minimum to Open | $0 | $0 |
| Minimum Balance for Top APY | $0 | $0 |
BMO Alto
Strengths
- BMO Alto has an A+ BBB rating and is BBB Accredited.
- BMO Alto has no maintenance fees or minimum balance requirements.
Potential Drawbacks
- BMO Alto's APY is lower at 3.25% compared to competitors.
- BMO Alto has no branch locations.
Marcus by Goldman Sachs
Strengths
- Marcus by Goldman Sachs offers a higher APY of 3.65%.
- Marcus by Goldman Sachs has a strong App Store rating of 4.8.
Potential Drawbacks
- Marcus by Goldman Sachs has no branch locations.
- Marcus by Goldman Sachs has a lower Google Play rating of 4.1.
→ 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 Marcus by Goldman Sachs's 3.65% APY for its Marcus Online Savings Account, with a minimum balance of $0.
→ Marcus by Goldman Sachs yields $40 more than BMO Alto on a $10,000 balance after one year. BMO Alto pays $325, while Marcus by Goldman Sachs pays $365 - an APY advantage for Marcus by Goldman Sachs.
Calculate Savings Growth for BMO Alto vs Marcus by Goldman Sachs
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 OverviewMarcus by Goldman Sachs - Marcus Online Savings Account
Total savings breakdown:
- Interest earned: $2,209.7 (10.93%)
- Total contributions: $13,000 (64.33%)
- Initial deposit: $5,000 (24.74%)
Your total balance
$20,209.70
Total balance: $20,209.7
Earnings: $2,209.7
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, BMO Alto's total earnings would be $254.2 lower than Marcus by Goldman Sachs's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare BMO Alto's vs Marcus by Goldman Sachs' Savings Accounts
| BMO Alto | Marcus by Goldman Sachs | ||
|---|---|---|---|
| Product | Savings Account | vs | Marcus Online Savings Account |
| APY | 3.25% (as of 11/12/2025) | 3.65% (as of 11/12/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | Daily | |
| Minimum Deposit | $0 | $0 | |
| Minimum Balance for APY | $0 | $0 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| App Store Rating | No | 4.8/5 | |
| Google Play Rating | No | 4.1/5 | |
| BBB Rating | A+ | A+ |
Comparative Historical APY Insights (Last 9 Months)
| BMO Alto | Marcus by Goldman Sachs | ||
|---|---|---|---|
| Product | Savings Account | vs | Marcus Online Savings Account |
| Latest APY | 3.25 % | 3.65 % | |
| Trend | Falling | Sideways | |
| Slope (bps/mo) | -7.2 | -2.9 | |
| Rate Changes / Mo | 0.52 | 0.21 | |
| Days Since Last Change | 55 | 169 | |
| High (-9 m) | 4.10 % | 3.90 % | |
| Low (-9 m) | 3.25 % | 3.65 % | |
| Draw-down from High | -20.7 % | -6.4 % | |
| Volatility (CV) | 0.062 | 0.026 |
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.