Ally Bank vs Chase
Ally Bank is a solid online bank with a great user-friendly website and customer service. How does it compare to Chase? 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 Chase is one of the biggest banks in the nation with more than 4,700 branches and over 16,000 ATMs. They offer a variety of banking, loans and investing services.
Compare Ally Bank with Chase, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
 | ||
 |  | |
Ally Bank | Chase | |
|---|---|---|
Online Savings Account - 0.75% APY - | Chase Bank $200 Bonus - | |
Benefits and Features | ||
| Savings |
| |
| CD | 0.30% to 2.25% APY. Terms of 3 months to 5 years. 12-month CD APY of 1.25% | Terms of 1 month to 10 years. $1,000 minimum opening deposit. No monthly service fee. |
| Checking | 0.10% APY for daily balances less than $15,000. 0.25% APY for daily balances over $15,000 |
|
| Money Market | ||
| Customer Service | ||
| ATMs | Over 43,000 no-fee Allpoint ATMs | |
| Locations | ||
CreditDonkey® Reviews | ||
| ||
| Savings |   |  |
| Checking | | |
| Money Market | | |
| Customer Service | | |
| Mobile App | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Solid online bank with a great user-friendly website and customer service... | National bank with good promotions for new customers... |
| | |
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 05/27/2022. Chase: Pricing information and data points from published website as of 12/17/2020 | ||
Chase Total Checking® - $200 Bonus
- New Chase checking customers enjoy a $200 bonus when you open a Chase Total Checking® account and set up direct deposit
- Access to 16,000 Chase ATMs and more than 4,700 branches
- Chase Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device.
- Open your account online now
- Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.
- Chase Overdraft Assist℠: $0 overdraft fee when you overdraw your account $50 or less*
*We won't charge an overdraft fee if you are overdrawn $50 or less at the end of the business day. Chase may pay, for a $34 fee, overdraft transactions at our discretion based on your account history, deposits and transaction amount. If you've enrolled in Debit Card Coverage, everyday debit card purchases like groceries, may be approved at our discretion when you don't have enough money in your account.
Chase Business Complete Banking℠ - $300 Bonus
- Earn $300 when you open a new Chase Business Complete Checking account. For new Chase business checking customers with qualifying activities.
- Multiple ways to waive the Monthly Service Fee, including maintaining a minimum daily balance or purchases on your Chase Ink® Business credit card.
- Built-in card acceptance. Accept card payments anytime, anywhere in the U.S., and get transparent pricing with Chase QuickAccept℠
- Same-day deposits with QuickAccept℠. Free up the cash you need to keep your business moving forward with same-day deposits at no additional cost.
- Alerts to help you stay on top of your account activity.
- Easy account management through Chase Business Online and the Chase Mobile® app.
- Unlimited electronic deposits, ACH and Chase QuickDeposit℠.
- Convenient access to 16,000 ATMs and more than 4,700 branches.
Chase Secure Banking℠ - $100 Bonus
- New Chase checking customers enjoy $100 when you open a Chase Secure Banking℠ account with qualifying activities.
- No minimum deposit to open.
- No paper checks to track and no Chase fees on money orders or cashier's checks.
- Pay bills, cash checks and send money with Zelle® all for a $4.95 monthly service fee.
- Use the Chase debit card to help you spend only the money you have available, without worrying about overdraft fees.
- Bank from virtually anywhere with access to 16,000 Chase ATMs, more than 4,700 Chase branches, the Chase Mobile® app and Chase Online℠.
- Secure Banking customers told us they save an average of $50 a month on fees after opening their account.
- No need to worry about unauthorized card transactions when reported promptly with Zero Liability Protection.
Which is Better: Ally Bank or Chase?
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 Citibank.
In short: Ally Bank's customer service is outstanding.
Articles on Ally Bank
Ally Bank
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 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.
Articles on Chase
Chase Bank Review
Chase has new customer bonuses and a strong nationwide presence. But there are drawbacks. Read this review to see if Chase is a good bank for you.
Open Chase Account
Opening an account with Chase Bank is simple. Take a look at what you'll need and check out your account options in our guide.
Chase Business Checking Promotion
Right now, Chase Business Complete Checking is offering a $300 bonus for new customers.
Chase Routing Number
What is Chase Bank's routing number? It depends on the state. Find the correct routing number for your Chase account (even without a check).
Is Chase Business Checking Good for Small Business
Chase offers 3 business checking accounts. Take a look at their current promotions, requirements, and fees in this guide.
How to Close a Chase Account
If you're ready to say goodbye to your Chase monthly service fees, follow the steps outlined in this guide to close it online, via phone, and more.
Chase Bank Offers
What promotions does Chase have right now? Find out how much you can earn and how to qualify for the latest Chase bank promotions.
Chase Investment Account Bonus
Right now, when you sign up for a J.P. Morgan Self-Directed Investing account and fund it with qualifying new money, you can earn up to $625.
Chase Total Checking Bonus
Chase Total Checking is offering $200 for opening a new account. Find out how to qualify for the bonus below.
Which Do You Think is Best?
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