CreditDonkey is a bank comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†





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 BankChase
 Learn MoreVisit Site
 

Ally Bank

Chase

SPECIAL OFFER
Online Savings Account - Learn More

Read Ally Bank Review

SPECIAL OFFER
Chase Total Checking® + Chase Savings℠ - Learn More

Read Chase Review

 

Benefits and Features

Savings1.80% APY. No monthly service fee and no minimum deposit.Chase Savings: $5 monthly service fee waived with either a $300 daily balance OR $25 automatic transfer every month from a linked Chase checking account OR for owners under 18. $0 to open.
Chase Premier Savings: Earn a higher interest rate when you have a bigger balance and meet certain relationship requirements when linked with a Chase Premier Plus Checking or Sapphire Checking account.
CD0.75% to 2.30% APY. Terms of 3 months to 5 years. 12-month CD APY of 2.15%. No minimum deposit to open.Terms of 1 month to 10 years. $1,000 minimum opening deposit. No monthly service fee.
Checking0.10% APY under $15,000; 0.60% APY $15,000 or more. No monthly service fee and no minimum deposit. Ally will refund ATM fees for other banks up to $10 per statement cycle.Chase Total Checking: Basic checking account. $12 service fee waived with an average beginning day balance of $1,500 OR direct deposits of at least $500 each month. $0 minimum balance to open.
Chase Premier Plus Checking: An interest-bearing account with some perks. $25 monthly service waived with an average beginning day balance of $15,000 OR a Chase mortgage with auto pay. $0 minimum balance to open.
Chase Sapphire Checking: A premium checking account for those with $75,000 or more on deposit with Chase. $0 minimum balance to open.
Chase College Checking: No monthly service fee for college students age 17-24 at account opening with proof of student status, for up to 5 years. $0 to open.
Chase Private Client Checking: For high net worth individuals who have $250,000 on deposit with Chase.
Money Market0.90% APY under $25,000; 1.00% APY $25,000 or more. No monthly service fee and no minimum deposit. 
Customer Service
24/7
24/7 by phone
ATMsOver 43,000 no-fee Allpoint ATMsOver 16,000 Chase ATMs nationwide
Locations
Online Only
Nearly 5,000 branches
 

CreditDonkey® Reviews

 Ally BankChase
Savings
Checking
Money Market
Customer Service
Mobile App
Pros & ConsPros:
  • CD options
  • No account minimums
  • 24/7 customer service
Cons:
  • Low Checking APY for lower balance customers
Pros:
  • Nearly 5,000 branches
  • New customer promotions
  • Full service banking
Cons:
  • Low interest rates
  • Not in all states
Bottom LineSolid online bank with a great user-friendly website and customer service... Read full reviewNational bank with good promotions for new customers... Read full review
 Learn MoreVisit Site
What Others View

    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 10/19/2019.

    Chase: Pricing information from published website as of 7/17/2019

    Which is Better: Ally Bank or Chase?

    Still need help deciding which bank is better? Read the in-depth reviews below. You may also be interested in comparing Ally Bank or CIT Bank.

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


    Articles on Ally Bank


    Articles on Chase


    Which Do You Think is Best?

    Name
    Email (won't be published)


    You Might Also Like

      Aspiration

      Aspiration Review: Account Good for You?

      Aspiration offers socially-responsible banking services and investment products with a unique "Pay What Is Fair" approach. Is it too good to be true? Read on.

      How to Choose a Bank

      The right bank for you depends on your needs. Do you want easy access, low fees, or good interest rates? Here's how to choose the best bank for you.

      Top 5 Best Online Checking Accounts

      The best online checking accounts are free, have minimum fees, and even offer interest. Find the best high interest online checking accounts to consider.

    Compare Ally Bank to:


    You might also be interested in

    Union Bank Routing Number

    What is the routing number for Union Bank? Read on to find out.

    Compare Chase to:


    Next Page:

    About CreditDonkey®
    CreditDonkey is a bank comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

    Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

    †Advertiser Disclosure: Many of the card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

    *See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

    CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.