BMO Alto vs. TD Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
BMO Alto
Savings Account
3.25%APYDec 10, 2025FDIC InsuredNo MinimumsShow Fine Print & Trends Hide Details
BMO Alto
Savings Account
TD Bank
TD Signature Savings
Up to2.75%APYDec 10, 2025FDIC InsuredHigh MinimumChecking BundleGreat iOS AppGreat Android AppIn-Person AccessRange: 0.05% – 2.75%Show Fine Print & Trends Hide Details
TD Bank
TD Signature Savings
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.25% APY.
BMO Alto vs. TD Bank Savings Calculator
BMO Alto earns $1,926.9 more than TD Bank.
BMO Alto
Savings Account
Savings Breakdown
- Interest Earned+$1,955.50(9.8%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$19,955.50
TD Bank
TD Signature Savings
Higher APY requires $100,000
Savings Breakdown
- Interest Earned+$28.60(0.2%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$18,028.60
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing BMO Alto vs. TD Bank
Why BMO Alto?
- ✓Higher potential APY (3.25% vs 2.75%) on all balances
- ✓No checking account or direct deposit required
Why TD Bank?
- ✓Physical branch access (Multiple branches in CT, DE, FL, ME, MD, MA, NH, NJ, NY, NC, PA, RI, SC, VT, VA, DC)
- ✓Higher rated iOS app (4.8 vs 0.0)
- ✓Higher rated Android app (4.0 vs 0.0)
— Key Feature Differences —
Better Returns at $10,000
BMO AltoBMO Alto's Savings Account earns more on smaller deposits (approx. $325 vs $0/yr).
Better Returns at $25,000
BMO AltoBMO Alto's Savings Account pulls ahead with larger amounts (approx. $813 vs $0/yr).
Best for Simplicity
BMO AltoBMO Alto's Savings Account offers 3.25% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
TD BankTD Bank offers an iOS app rated 4.8 (vs. 0.0) and Android app rated 4.0 (vs. 0.0)
Shared Benefits
Over a 1-year period, BMO Alto's Savings Account pays $320 more interest on a $10,000 balance than TD Bank's TD Signature Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary
BMO Alto offers a competitive Savings Account with a notable APY of 3.25%, which is significantly higher than TD Bank's TD Signature Savings, which has an APY of 2.75% but requires a minimum balance of $100,000 to achieve this rate. BMO Alto's account has no direct deposit requirement, no maintenance fees, and allows for deposits as low as $0, making it a straightforward option for savers. In contrast, TD Bank's account may incur a $10 maintenance fee unless waived, and it is not online-only. Overall, BMO Alto stands out for its higher yield and simplicity.
Analysis generated based on current Banksparency database records
* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.
Stop Losing Interest
See who beats both BMO Alto and TD Bank.
| Feature | BMO Alto | TD Bank |
|---|---|---|
| APY | 3.25% Verified: 12/10/2025 ↘︎ 0.25%90d Change | 2.75% Range: 0.05% - 2.75% Verified: 12/10/2025 ↘︎ 0.25%90d Change |
| Product Name | Savings Account | TD Signature Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $100,000 |
| Monthly Fee | $0 | $10. Waived under some circumstances. |
| Branch Access | None | Yes |
| Account Type | Online Only | Online & Branches |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | Yes |
| Mobile Apps | iOS- Android- | iOS4.8 Android4.0 |
| BBB Rating | A+ | Not Rated |
| Important Notes | - | This is a tiered savings account where rates may vary on location and whether you're eligible for the Bump Rate. 2.75% is available when you link an eligible TD account and have a minimum balance of $100,000. Otherwise 0.05% is the maximum APY. |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | BMO Alto | TD Bank |
|---|---|---|
| Savings Account | TD Signature Savings | |
Current APY | 3.25% | 2.75% |
Trend | Stable | Stable |
Velocity (bps/mo) | -6.8 | -8.3 |
Days Since Change | 82 | 68 |
10-Month High | 4.10% | 3.70% |
10-Month Low | 3.25% | 2.75% |
Adjustments / Mo | 0.48 | 0.38 |
Volatility Score | 0.064 | 0.085 |
How to read these metrics(Click to expand)
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