Western Alliance Bank vs Ally Bank
Western Alliance Bank is a solid bank that offers high APY savings products with a fully digital experience. How does it compare to Ally Bank? Read our comparison chart below.
Western Alliance Bank offers high-yield savings products and CD accounts.
While 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.
Compare Western Alliance Bank with Ally Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Visit Site | Learn More | |
Western Alliance Bank | Ally Bank | |
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High-Yield Savings Premier - 5.36% APY | Online Savings Account - 4.20% APY - | |
Benefits and Features | ||
Savings | ||
CD | Up to 5.30%; 3-12 month term CDs. $1 minimum deposit. | 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 | ||
Mobile App | ||
ATMs | Over 43,000 no-fee Allpoint ATMs | |
Customer Service | ||
Locations | ||
CreditDonkey® Reviews | ||
Savings | ||
CD | ||
Fees | ||
Mobile App | ||
Customer Service | ||
Checking | ||
Money Market | ||
Pros & Cons | Pros:
| Pros:
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Bottom Line | Solid bank that offers high APY savings products with a fully digital experience... | Solid online bank with a great user-friendly website and customer service... |
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Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Western Alliance Bank: Information sourced from the published website as of 04/30/2024. Ally Bank: Pricing information from published website as of 05/08/2024. |
High-Yield Savings Premier - 5.36% APY
- No account activity or maintenance fees
- $500 minimum opening deposit
- FDIC insured
Which is Better: Western Alliance Bank or Ally Bank?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Western Alliance Bank or Chase.
In short: Western Alliance Bank's savings is outstanding. Ally Bank's mobile app and customer service are outstanding.