Bmo Alto vs. Timbr
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of BMO Alto vs. TIMBR
Key Metrics at a Glance
| Feature | BMO Alto | TIMBR |
|---|---|---|
| Top Savings APY | 3.25% Savings Account | 4.40% Premium Savings Account |
| Minimum to Open | $0 | $1,000 |
| Minimum Balance for Top APY | $0 | $0 |
BMO Alto
Strengths
- BMO Alto offers a $0 minimum deposit and balance requirement for its Savings Account.
- BMO Alto has an A+ BBB rating and is BBB Accredited.
Potential Drawbacks
- BMO Alto's current APY is 3.25%, which is lower than TIMBR's 4.40%.
- BMO Alto does not offer any branches for in-person banking.
TIMBR
Strengths
- TIMBR provides a higher APY of 4.40% for its Premium Savings Account.
- TIMBR has no maintenance fees associated with its account.
Potential Drawbacks
- TIMBR requires a $1,000 minimum deposit to open its Premium Savings Account.
- TIMBR is rated A+ by the BBB but is not BBB Accredited.
→ 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 TIMBR's 4.40% APY for its Premium Savings Account, with a minimum balance of $0.
→ TIMBR yields $115 more than BMO Alto on a $10,000 balance after one year. BMO Alto pays $325, while TIMBR pays $440 - an APY advantage for TIMBR.
Calculate Savings Growth for BMO Alto vs TIMBR
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 OverviewTIMBR - Premium Savings Account
Total savings breakdown:
- Interest earned: $2,694.7 (13.02%)
- Total contributions: $13,000 (62.82%)
- Initial deposit: $5,000 (24.16%)
Your total balance
$20,694.70
Total balance: $20,694.7
Earnings: $2,694.7
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, BMO Alto's total earnings would be $739.2 lower than TIMBR's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare BMO Alto's vs TIMBR's Savings Accounts
| BMO Alto | TIMBR | ||
|---|---|---|---|
| Product | Savings Account | vs | Premium Savings Account |
| APY | 3.25% (as of 11/12/2025) | 4.40% (as of 11/12/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | Daily | |
| Minimum Deposit | $0 | $1,000 | |
| Minimum Balance for APY | $0 | $0 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| BBB Rating | A+ | A+ |
Comparative Historical APY Insights (Last 9 Months)
| BMO Alto | TIMBR | ||
|---|---|---|---|
| Product | Savings Account | vs | Premium Savings Account |
| Latest APY | 3.25 % | 4.40 % | |
| Trend | Falling | Sideways | |
| Slope (bps/mo) | -6.5 | -1.6 | |
| Rate Changes / Mo | 0.45 | 0.11 | |
| Days Since Last Change | 55 | 212 | |
| High (-9 m) | 4.00 % | 4.55 % | |
| Low (-9 m) | 3.25 % | 4.40 % | |
| Draw-down from High | -18.8 % | -3.3 % | |
| Volatility (CV) | 0.052 | 0.013 |
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 267 days.
- Low (-9 m)
- Lowest APY in the last 267 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.