BMO Alto vs. UFB Direct
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | BMO AltoSavings Account Jan 7, 2026 | UFB DirectUFB Checking and Savings Bundle Jan 7, 2026 |
|---|---|---|
| APY | 3.25% | 3.26% - 3.46% |
Est. Earnings | $5,000+$163 $10,000+$325 $25,000+$813 | $5,000+$163 $10,000+$346 $25,000+$865 |
Min Deposit | $0 | $5000 |
Snapshot view. Rates subject to change. | ||
Terms | - | The regular savings or money market APY may be boosted up to 3.46% by direct deposits, minimum balance of $10,000 and making 10 approved debit card transactions per statement cycle. The checking account earns 2% APY. See bank for full details. |
| Features | FDIC InsuredNo Minimums | FDIC InsuredHigh MinimumGreat iOS AppGreat Android AppDirect Deposit ReqChecking Bundle |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.21% APY.
Comparison Analysis
Comparing BMO Alto vs. UFB Direct
As of BMO Alto offers an APY of 3.25% for its Savings Account, with a minimum balance of $0, compared to UFB Direct's 3.46% APY for its UFB Checking and Savings Bundle account, with a minimum balance of $10,000.
UFB Direct pays $21 more than BMO Alto on a $10,000 balance after one year. BMO Alto pays $325, while UFB Direct pays $346 - an APY advantage for UFB Direct.
In addition, UFB Direct also offers 3.26% APY for the UFB Portfolio Savings account, with a minimum balance of $0.
Why BMO Alto?
No distinct advantages found vs UFB Direct.
Why UFB Direct?
- ✓Offers 2.00% APY on Checking Account in addition to the savings APY
- ✓Access to over 90,000 fee-free ATMs
- ✓Higher potential APY (3.26%-3.46% vs 3.25%) (requires checking bundle & direct deposit)
- ✓Higher rated iOS app (4.8 vs 0.0)
- ✓Higher rated Android app (4.3 vs 0.0)
- ✓Offers 2 different high-yield savings options
— Key Feature Differences —
Better Returns at $10,000
UFB DirectUFB Direct's UFB Checking and Savings Bundle earns more on smaller deposits (approx. $346 vs $325/yr).
Better Returns at $25,000
UFB DirectUFB Direct's UFB Checking and Savings Bundle pulls ahead with larger amounts (approx. $865 vs $813/yr).
Best for All-in-One Banking
UFB DirectUFB Direct's UFB Checking and Savings Bundle pays a superior APY for customers who also open a checking account.
Best Mobile App Experience
UFB DirectUFB Direct offers an iOS app rated 4.8 (vs. 0.0) and Android app rated 4.3 (vs. 0.0)
Shared Benefits
Over a 1-year period, UFB Direct's UFB Checking and Savings Bundle pays $21 more interest on a $10,000 balance than BMO Alto's Savings Account.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
BMO Alto offers a competitive online-only Savings Account with an APY of 3.25%, requiring no minimum deposit or balance and no maintenance fees. In contrast, UFB Direct's UFB Portfolio Savings yields a slightly higher APY of 3.26%, also with no minimum deposit or balance requirements. However, UFB Direct's standout product is the UFB Checking and Savings Bundle, which can earn up to 3.46% APY with conditions like a minimum balance of $10,000 and direct deposits. This bundle is ideal for customers seeking an all-in-one banking solution, especially those who frequently utilize a checking account. Both banks provide FDIC insurance and are accessible online.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
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BMO Alto vs. UFB Direct Savings Calculator
You earn $21 more with UFB Direct than BMO Alto on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
BMO Alto
Savings Account
Savings Breakdown
- Interest Earned+$325.00(3.1%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,325.00
UFB Direct
UFB Checking and Savings Bundle
Savings Breakdown
- Interest Earned+$346.00(3.3%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,346.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | BMO Alto | UFB Direct |
|---|---|---|
| APY | 3.25% Verified: 1/7/2026 Stable (90d) | 3.46% Range: 3.26% - 3.46% Verified: 1/7/2026 ↘︎ 0.50%90d Change |
| Product Name | Savings Account | UFB Checking and Savings Bundle |
| Minimum Deposit | $0 | $5000 |
| Min. Balance for APY | $0 | $10,000 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | Required |
| Checking Bundle | No | Yes |
| Mobile Apps | iOS- Android- | iOS4.8 Android4.3 |
| Zelle® Support | Not Supported | Not Supported |
| BBB Rating | A+ | A+ |
| Important Notes | - | The regular savings or money market APY may be boosted up to 3.46% by direct deposits, minimum balance of $10,000 and making 10 approved debit card transactions per statement cycle. The checking account earns 2% APY. See bank for full details. |
| Next Steps | Visit SiteVerify at BMO Alto Non-sponsored link to official site | Visit SiteGo to UFB Direct * Secure link to our partner |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | BMO Alto | UFB Direct | |
|---|---|---|---|
| Savings Account | UFB Checking and Savings Bundle | UFB Portfolio Savings | |
Current APY | 3.25% | 3.46% | 3.26% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -6.6 | -6.3 | -5.7 |
Days Since Change | 110 | 1 | 1 |
11-Month High | 4.10% | 4.21% | 4.01% |
11-Month Low | 3.25% | 3.46% | 3.26% |
Adjustments / Mo | 0.43 | 0.43 | 0.43 |
Volatility Score | 0.069 | 0.060 | 0.062 |
How to read these metrics(Click to expand)
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