at Ally Bank,

Member, FDIC

Pros

No monthly maintenance fees or minimum balances
Access to over 43,000 free ATMs via checking or money market accounts
2.00% APY on savings, among the best you'll find

Cons

No way to deposit cash
For its savings account, Ally charges $10 for every outbound transfer after the sixth one

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Overall

4.5

An online-only bank, Ally Bank has become popular among people seeking strong rates and robust customer service. Because it doesn’t have to put money into physical branches, Ally is able to offer better rates and fees than brick-and-mortar institutions and can invest more in its products.

 

Ratings methodology | Updated Oct. 9, 2018

Checking

4.5

Ally offers an interest-bearing checking account with good rates, low fees and free access to over 43,000 ATMs nationwide. Ally will also reimburse you up to $10 per statement cycle for any fees you’re charged using an out-of-network ATM in the U.S. Although there is only one checking account to choose from, its rates are competitive, starting at 0.10% APY.

 

Note that Ally doesn't accept cash deposits. Your options include mobile check deposit, setting up direct deposit, setting up a wire transfer or sending a check by mail.

Online Savings Account
APY
2.00%
Min. balance for APY
$1

at Ally Bank,

Member, FDIC

Raise Your Rate CD
APY
2.60%
Min. balance for APY
$5,000
Length of term
4 years

at Ally Bank,

Member, FDIC

Interest Checking Account
APY
0.10%
Monthly fee
$0
Balance to waive monthly fee
$0

at Ally Bank,

Member, FDIC

Raise Your Rate CD
APY
2.60%
Min. balance for APY
$5,000
Length of term
2 years

at Ally Bank,

Member, FDIC

How does Ally Bank compare?

Ally Bank

Online Savings Account

cheatgame.info Rating

at Ally Bank,

Member, FDIC

APY

2.00%

Monthly Fees

$0

Bonus features

No Monthly Fee

Competitive APY

Live help 24/7

Goldman Sachs Bank USA

Online Savings

cheatgame.info Rating

at Goldman Sachs Bank USA,

Member, FDIC

APY

2.05%

Monthly Fees

$0

Bonus features

No Monthly Fee

Competitive APY

American Express National Bank

High Yield Savings Account

cheatgame.info Rating

at American Express National Bank,

Member, FDIC

APY

2.00%

Monthly Fees

$0

Bonus features

No Monthly Fee

Competitive APY

Not for you? Read more bank reviews
cheatgame.info reviews are the result of independent research by our editorial team while accountholder reviews are contributions from independent users not affiliated with cheatgame.info. Banks, issuers and credit card companies are not responsible for any content posted on the cheatgame.info site, nor do they endorse or guarantee any posted comments or reviews.
Overall
Customer service
Poor
Website / app
Fair
Rates
Good
Fees
High
Be Very careful taking their promotion offers
I like their English speaking Representatives, their rates are good... but don't trust the promotional offers. I opened a savings account meeting all the deadline requirements and was told by the agent (recorded) I was enrolled and would receive their 1% promotion. I asked for confirmation in writing and was told the agent couldn't do that. Finally, after many attempts to get someone to confirm my enrollment, I discovered another login was required to obtain the offer. These people on at least two levels knew they were using a bait and switch scam and purposely disguised it.
Overall
Customer service
Poor
Website / app
Poor
Rates
Poor
Fees
High
Extensión por payment
Yo pedí una extensión de emergencia porque mi mamá se murió y nunca me pudieron ayudar con el pagaré del carro me dijeron que lo tenían que lamentar pero tenía que hacer el pago bien desepcionada con el banco
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