Ally Bank vs Chime
Ally Bank is a solid online bank with a great user-friendly website and customer service. How does it compare to Chime? Read our comparison chart below.
Ally Bank | Chime | |
|---|---|---|
Online Savings Account - 3.75% APY - | Get Started - | |
Benefits and Features | ||
| Savings | 2.00% Annual Percentage Yield (APY). The Annual Percentage Yield ("APY") for the Chime Savings Account is variable and may change at any time. The disclosed APY is effective as of November 17, 2022. No minimum balance required. Must have $0.01 in savings to earn interest. | |
| CD | 2.00% to 5.00% 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 | No monthly service fee; no minimum balance; no overdraft fees; no foreign transaction fees |
| Money Market | ||
| Customer Service | ||
| Minimum Deposit to Open | ||
| Mobile App | ||
| ATMs | Over 43,000 no-fee Allpoint ATMs | Over 60,000 fee-free MoneyPass, Allpoint, and Visa Plus Alliance ATMs |
| Locations | ||
| Monthly Fee | ||
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... | |
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 03/18/2023. Chime: Chime is a financial technology company, not a bank. Banking services provided by, and debit card issued by, The Bancorp Bank or Stride Bank, N.A.; Members FDIC. | ||
Which is Better: Ally Bank or Chime?
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: Ally Bank's customer service is outstanding. Chime's savings and checking are excellent.
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 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 Chime
Chime
Chime has no monthly fees, so what's the catch with the app? Find out how you can get paid two days early and grow your savings.
Chime Alternatives
Chime offers a convenient and rewarding mobile app. But can you earn better rewards and get more account options with one of Chime's top competitors?
Which Do You Think is Best?
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