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.

	Capital One	Ally Bank


	SPECIAL OFFER Personal Checking Account - $100 Bonus - Learn More Read Capital One Review	SPECIAL OFFER Online Savings Account - 0.50% APY - Learn More Read Ally Bank Review
	Benefits and Features
Savings	0.40% APY	0.50% APY
CD	0.10% to 1.00% APY. Terms of 6 months to 5 years. 12-month CD APY of 0.20%	0.15% to 0.80% APY. Terms of 3 months to 5 years. 12-month CD APY of 0.55%
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
ATMs	Over 40,000 no-fee Capital One & Allpoint ATMs	Over 43,000 no-fee Allpoint ATMs
IRA CD	0.10% to 1.00% APY. Terms of 6 months to 5 years. 12-month CD APY of 0.20%.
Locations	Online Only	Online Only
	CreditDonkey® Reviews

Savings
Checking
Money Market
Customer Service
Mobile App
Pros & Cons	Pros: Overdraft protection options No account minimums 27 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 Line	Good online bank with access to in-person support... Read full review	Solid online bank with a great user-friendly website and customer service... Read full review
	Personal Checking Account - $100 Bonus 360 Performance Savings - 0.40% APY Basic Business Checking	Online Savings Account - 0.50% APY Interest Checking Money Market
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 11/26/2021. Ally Bank: Pricing information from published website as of 11/27/2021.

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Next Page: Capital One 360

Capital One vs Ally Bank

Benefits and Features

CreditDonkey® Reviews

Which is Better: Capital One or Ally Bank?

Articles on Capital One

Articles on Ally Bank

Which Do You Think is Best?

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