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More Services from Ally Bank

Posted: Thu Jul 10, 2025 6:55 am
by rumiseoexpate16
Ally Bank provides other services, so you have other options and financial freedom.

bank service
Online Savings Account
This online savings account has no monthly maintenance fees nor minimum opening deposit. It earns an Annual Percentage Yield (APY) of 0.50%, which may remain the same across all balance tiers or may change gambling database based on your account’s daily balance. The APY is based on the tier in which your end-of-day balance falls.

Online Savings Account balance tiers

Less than $5,000
Between $5,000 and $24,999.99
$25,000+
You may put money into your account by transferring from another account, mailing checks for deposit, wiring funds, or through mobile check deposit. Take note that there are no fees every month, and you may get your money by transferring funds from your online account to whichever bank account you linked to it. You may also transfer to other Ally Bank accounts.

If you want an ATM card and have access to your cash, it is best to open a Money Market Account or an Interest Checking Account since the savings account does not offer such a feature.