Ally Bank vs Citibank

Ally Bank is a solid online bank with a great user-friendly website and customer service. How does it compare to Citibank? 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 Citibank has over 700 branches across the U.S. Accounts must be opened as a checking & savings package. Service fees and ways to waive are on the high side. Best for high-balance customers who can open one of the elite accounts to earn reward points, get preferred rates, and other perks.

Compare Ally Bank with Citibank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	Ally Bank	Citibank


	SPECIAL OFFER Online Savings Account - 3.60% APY - Learn More Read Ally Bank Review	OFFER Citi Priority Account - Earn up to $2,000 Cash Bonus Read Citibank Review
	Benefits and Features
Savings	3.60% APY	Citi® Accelerate High-Yield Savings available in AA, AE, AK, AL, AP, AR, AS, AZ, CO, DE, GA, GU, HI, IA, ID, IN, KS, KY, LA, MA, ME, MI, MN, MO, MP, MS, MT, NC, ND, NE, NH, NM, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VI, VT, WA, WI, WV, WY and select markets in Florida and Illinois.
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	Citi Priority Account
Money Market	3.80% APY
Customer Service	24/7	24/7 Live Customer Service (Telephone)
ATMs	Over 43,000 no-fee Allpoint ATMs	More than 70,000 fee-free ATMs at Citi branches and participating retail locations nationwide, including Target, CVS Pharmacy, Rite aid, Walgreens, Duane Reade and ATMs displaying Allpoint or MoneyPass logo.
IRA CD
IRA Money Market
Locations	Online Only	More than 700 Citibank branches (concentrated in New York, Chicago, Los Angeles, San Francisco, Washington DC and Miami)
	CreditDonkey® Reviews

Savings
Checking
Money Market
Customer Service
Mobile App
CD
Pros & Cons	Pros: CD options No account minimums Good customer service Cons: Low Checking APY for lower balance customers	Pros: Perks for high balance customers Many fee-free ATMs Global presence Cons: No free checking option Higher balance requirements Low savings APY
Bottom Line	Solid online bank with a great user-friendly website and customer service... Read full review	Large national bank best for high balance customers... Read full review

	Online Savings Account - 3.60% APY Interest Checking Money Market - 3.80% APY
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. Citibank: Pricing information from published website as of 01/31/2023. This content is not provided by Citi. Any opinions expressed are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by Citi. Citibank: This content is not provided by Citi. Any opinions expressed are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by Citi.

Citi Priority Account - Earn up to $2,000 Cash Bonus

Learn More

Expires 4/4/2023

Earn up to $2,000 cash bonus when you open a new eligible Citi Priority Checking Account with required activities
Within 20 days of opening, deposit the minimum amount of new-to-Citibank funds.
Maintain a minimum balance for 60 consecutive calendar days from the 21st day.
If your balance falls to a lower tier at any point during the maintenance period, the bonus changes.
Bonus will be paid within 30 days after you successfully complete all required activities.

Citi Priority Account - Earn up to $2,000 Cash Bonus

Learn More

Expires 4/4/2023

Earn up to $2,000 cash bonus when you open a new eligible Citi Priority Checking Account with required activities. Within 20 days of opening, deposit the minimum amount of new-to-Citibank funds. Maintain a minimum balance for 60 consecutive calendar days from the 21st day. If your balance falls to a lower tier at any point during the maintenance period, the bonus changes. Bonus will be paid within 30 days after you successfully complete all required activities.

Balance Levels	Maximum Bonus
$10,000 - $29,999	$200
$30,000 - $74,999	$500
$75,000 - $199,999	$1,000
$200,000 - $299,999	$1,500
$300,000 and above	$2,000

Which is Better: Ally Bank or Citibank?

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 savings, checking, and customer service are worth mentioning. In particular, the customer service is outstanding.

Articles on Ally Bank

Ally Bank Review

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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.

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Citibank

Citibank, a CreditDonkey partner, offers banking services and credit cards. But service fees and balance requirements are on the high side. Is it the right bank for you?

Citibank Open Account

Opening a Citi bank account is easy. Take a look at what you'll need, plus find out how to earn up to $2,000 bonus

Citi Priority

Earn up to $2,000 for opening a Citi Priority Account with required activities. Find out how to take advantage of the huge cash bonus.

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Citi now offers high-yield savings with one of the best interest rate. But it's only available in select markets. Read this review to see if it's good for you.

Citibank Routing Number

Looking to transfer money in or out of your Citibank checking or savings account? Find your Citibank routing number and learn about money transfers below.