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Okay, I've been thinking about the Bmo Alto savings account again. It would seem like a decent rate, but actually, it nevertheless feels a bit complex to fully understand all the features and how they impact my savings. What are your thoughts on how easy it is to navigate the distinct tiers of interest?
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I was studying on the 'bonus' possibilities - how commonly do those actually materialize? It would seem like a lot of consumers are relying on them, but I'm not sure if they're consistently rewarding. Is there a system for tracking those bonus opportunities?
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I'm curious about the minimum deposit requirements for each tier. Are there any secret fees or restrictions that could deter somebody from opening an account, even with a good interest rate?
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What's the procedure for installing automatic transfers to contribute to my savings goals? How robust is the mobile app in terms of facilitating these transfers, and are there any limitations on the amount I can transfer regularly?
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I've note some consumers mentioning challenges with acquiring their account balance updated accurately across distinct products. Is that a consistent problem, or do you practice equivalent difficulties?
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Pondering about long-term savings, how does Bmo's tiered interest rate structure compare to other banks giving similar levels of flexibility and potential growth?