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Ally’s Online Savings program currently offers a 0.50% APY that compounds daily; that APY is 8x higher than the national average and is much better than what most traditional banks will offer.
Ally is an online-only bank that offers all of the amenities and services of a big, brick-and-mortar bank. Ally Bank Review September 2024: CD rates, checking, savings, and more Skip to main content
A 5 percent APY money market account is still out there. ... For instance, prior to 2022, Ally Bank’s highest savings yield was 2.25 percent APY. That was on June 4, 2009.
My traditional savings account paid 0.01% APY, so how could other savings accounts pay 4.00% APY — 400 times the interest I was getting? ... the Ally Savings Account limits withdrawals and ...
Best account for multiple savings goals: Ally Bank Savings Account. ... and it can also help you establish and track your savings goals. APY: 4.60 percent, when deposit requirements are met
Today’s highest savings rates are at FDIC-insured digital banks and online accounts paying out rates of up to 4.75% APY with no minimums at Openbank by Santander, CIT Bank and other trusted ...
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