Ally Bank vs Wealthfront

Ally Bank is a solid online bank with a great user-friendly website and customer service. How does it compare to Wealthfront? Read our comparison chart below.

Ally Bank offers high interest on their Savings account. It also offers interest checking and multiple CD options, including No Penalty and Raise Your Rate CDs. There is no minimum deposits or service fees for any of their banking products.

While Wealthfront has a low fee of 0.25% and a minimum of $500 to open an account. Wealthfront offers advanced planning tools to help provide a complete picture of your financial health and track your goals. However, there are no human advisors.

Compare Ally Bank with Wealthfront, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	Ally Bank	Wealthfront
	SPECIAL OFFER Online Savings Account - 4.20% APY - Learn More Read Ally Bank Review	SPECIAL OFFER Wealthfront Cash Account - Learn More Read Wealthfront Review
	Benefits and Features
Savings	4.20% APY
CD	3.00% to 4.50% APY. Terms of 3 months to 5 years. 12-month CD APY of 4.50%
Checking	0.10% APY for daily balances less than $15,000. 0.25% APY for daily balances over $15,000
Money Market	4.20% APY
Mobile App	iOS & Android	Yes
	CreditDonkey® Reviews
Savings
Checking
Money Market
Mobile App
Customer Service
Annual Fee
Minimum Deposit
Investment Types
Pros & Cons	Pros: CD options No account minimums Good customer service Cons: Low Checking APY for lower balance customers	Pros: Minimal opening deposit & fees Advanced goal tracker Tax loss harvesting Cons: No human advisors No fractional shares
Bottom Line	Solid online bank with a great user-friendly website and customer service... Read full review	Good robo-advisor for hands-off investor. Fees are low, but lack human advisors... Read full review
	Online Savings Account - 4.20% APY Money Market - 4.20% APY Interest Checking	Wealthfront Cash Account
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Ally Bank: Pricing information from published website as of 04/20/2024. Wealthfront: Pricing information from published website as of 04/20/2024.

Which is Better: Ally Bank or Wealthfront?

In short: Ally Bank's customer service is outstanding.

Articles on Ally Bank

Ally Bank Review

Ally Bank offers good interest rates and no account minimums. But is this popular online bank good for you? Learn the benefits (and drawbacks) here.

Ally High Yield Savings

Ally Savings offers a strong APY and various savings tools to help you boost your funds. Read on to find out more.

Ally Bank Problems

Ally Bank is well-known for having attractive APYs and practically no fees. But, what's the catch? Read on to know what nuisances you may encounter.

Ally Money Market vs Savings

Ally's Money Market and Savings accounts boast high APYs with no hidden fees. But, how do they differ? Read on to find out.

Ally Bank CD Rates

Ally Bank CD accounts offer high APYs and require no minimum deposit. But what is the catch? Learn more about Ally CD rates in this review.

Ally Bank Routing Number

Looking to transfer money in or out of your Ally account? You'll need the right routing number. Find your Ally routing number and learn more about money transfers in our guide.