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†

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.

 Ally Bank
 Learn MoreLearn More
 

Capital One

Ally Bank

SPECIAL OFFER
Current Promotion - Learn More

Read Capital One Review

SPECIAL OFFER
Online Savings Account - 0.60% APY - Learn More

Read Ally Bank Review

 

Benefits and Features

Savings
0.50% APY
0.60% APY
CD0.20% to 0.40% APY. Terms of 6 months to 5 years. 12-month CD APY of 0.20%0.20% to 1.00% APY. Terms of 3 months to 5 years. 12-month CD APY of 0.65%
Checking
0.10% APY
0.10% APY under $15,000; 0.25% APY $15,000 or more
Money Market 
0.50% APY
Customer Service
Mon-Sun: 8am - 11pm (ET)
24/7
ATMsOver 40,000 no-fee Capital One & Allpoint ATMsOver 43,000 no-fee Allpoint ATMs
IRA CD0.20% to 0.40% APY. Terms of 6 months to 5 years. 12-month CD APY of 0.20%. 
Locations
Online Only
Online Only
 

CreditDonkey® Reviews

 Ally Bank
Savings
Checking
Money Market
Customer Service
Mobile App
Pros & ConsPros:
  • Overdraft protection options
  • No account minimums
  • 27 Capital One cafes for in-person support
Cons:
  • Lower savings APY compared to other online banks
Pros:
  • CD options
  • No account minimums
  • Good customer service
Cons:
  • Low Checking APY for lower balance customers
Bottom LineGood online bank with access to in-person support... Read full reviewSolid online bank with a great user-friendly website and customer service... Read full review

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 10/17/2020.

Ally Bank: Pricing information from published website as of 10/17/2020.

Which is Better: Capital One or Ally Bank?

Still need help deciding which bank 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


Articles on Ally Bank


Which Do You Think is Best?

Name
Email (won't be published)


You Might Also Like


Compare Capital One to:


You might also be interested in

Banking for International Students

If you've traveled thousands of miles to study in the U.S., you may be feeling a little bit of culture shock.

Compare Ally Bank 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 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.

About Us | Reviews | Deals | Tips | Privacy | Terms | Contact Us
© 2020 CreditDonkey