Ally Bank vs Capital One
Ally Bank is a solid online bank with a great user-friendly website and customer service. How does it compare to Capital One? 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 Capital One offers competitive rates on their savings account. Their interest checking has several overdraft options in cases of accidental overdraw. There are no minimum deposits or service fees.
Compare Ally Bank with Capital One, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
Ally Bank | Capital One | |
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Online Savings Account - 3.85% APY - | 360 Checking Account - | |
Benefits and Features | ||
Savings | ||
CD | 2.50% to 4.80% APY. Terms of 3 months to 5 years. 12-month CD APY of 4.50% | 3.30% to 4.30% APY. Terms of 6 months to 5 years. 12-month CD APY of 4.15% |
Checking | 0.10% APY for daily balances less than $15,000. 0.25% APY for daily balances over $15,000 | |
Money Market | ||
Customer Service | ||
Mobile App | ||
ATMs | Over 43,000 no-fee Allpoint ATMs | Over 70,000 no-fee Capital One & Allpoint ATMs |
Locations | ||
CreditDonkey® Reviews | ||
Savings | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Checking | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Money Market | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Customer Service | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Mobile App | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Pros & Cons | Pros:
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Bottom Line | Solid online bank with a great user-friendly website and customer service... | Good online bank with access to in-person support... |
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 5/24/2023. Capital One: Pricing information from published website as of 5/9/2023. |
Which is Better: Ally Bank or Capital One?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Ally Bank or Chase.
In short: Capital One's checking is outstanding.