Ally Online Savings Account
Quick Card Summary
- No minimum opening balance, Open with $0!
- Interest compounded daily so you earn interest every single day
- FDIC-insured
Creditnet's Full Review
Ally Bank offers a high-yield savings account to online customers. Customers will earn a better rate than traditional savings and enjoy the freedom of online access. New accounts can be opened with $0! And you don't have to worry about maintaining a minimum balance because there is no such requirement. The money in your account is yours to use in its entirety.
Because interest is compounded daily, you'll earn interest on the interest you earned the day before (basically, your money is going to grow fast!). Whereas other banks may offer different rates based on how much you have in your account, Ally Bank gives you a high rate regardless of your bank balance. If you have $1 or $100,000 in your account, you'll still benefit from the highest rate of interest.
With no monthly fees and no minimum balance requirements, why not sign up today so you can start growing your money!
Offer details may have changed since the last update of the information on this page. Please see Fees, Terms & Conditions for updated and complete information.
