Ally Bank Online Savings account review

Online savings account that offers an interest rate of 3.40% APY, well above average, and with no commissions or minimum balances. It is also free of any requirements or other products with the bank.


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Commissions
Account management: $ 0
Check deposit: $ 0
Check writing: $ 0
Transfers: $ 0
Profitability
APY: 3.40%
Rate of interest: Fixed
Interest settlement: Monthly
Advantage
Checkbook: No checkbook

Additional information of Online Savings account

Ally Bank's online savings accountAlly Bank's Online Savings account allows you to obtain a return up to 15 times higher than the market average, without commissions and with your money always available.

You won't have to maintain a minimum balance or meet any minimum requirements in order to get the high yield and security for your money that this remunerated account provides.

What profitability does the Ally savings account offer?

Currently, the interest rate provided by this instrument is 3.40% APY, which, as we have already indicated, is several times the market average for this type of product.

What requirements do I have to meet to apply for it?

In order to have access to this interest-bearing account it is not necessary to meet income or other requirements, but you will have to provide a series of documents, such as official identification and proof of address.

How do I sign up for the Ally Bank Online Savings account?

Ally Bank is a 100% online financial institution, so you can apply online to sign up for this savings account. To do so you will need to provide the following information:

  • Name, date of birth and address of your usual residence.
  • A Social Security or tax payment number such as ITIN.

Español: Cuenta Online Savings de Ally Bank