Capital One vs Ally Bank
Capital One is a good online bank with access to in-person support. How does it compare to Ally Bank? Read our comparison chart below.
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.
While 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.
Compare Capital One with Ally Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
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Capital One | Ally Bank | |
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Personal Checking Account - $400 Bonus - | Online Savings Account - 0.50% APY - | |
Benefits and Features | ||
Savings | ||
CD | 0.20% to 0.40% APY. Terms of 6 months to 5 years. 12-month CD APY of 0.20% | 0.20% to 0.85% APY. Terms of 3 months to 5 years. 12-month CD APY of 0.60% |
Checking | 0.10% APY under $15,000; 0.25% APY $15,000 or more | |
Money Market | ||
Customer Service | ||
ATMs | Over 40,000 no-fee Capital One & Allpoint ATMs | Over 43,000 no-fee Allpoint ATMs |
IRA CD | 0.20% to 0.40% APY. Terms of 6 months to 5 years. 12-month CD APY of 0.20%. | |
Locations | ||
CreditDonkey® Reviews | ||
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Savings | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Checking | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Money Market | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Customer Service | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Mobile App | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Pros & Cons | Pros:
| Pros:
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Bottom Line | Good online bank with access to in-person support... | 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. Capital One: Pricing information from published website as of 1/16/2021. Ally Bank: Pricing information from published website as of 1/16/2021. |
Which is Better: Capital One or Ally Bank?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Capital One or Chase.
In short: Capital One's checking is outstanding.
Articles on Capital One
Capital One 360 Review
Capital One Routing Number
Articles on Ally Bank
Ally Bank
Ally Bank Routing Number
Which Do You Think is Best?
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