Save money and be informed. 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†

Chase vs Ally Bank

Chase is a national bank with good promotions for new customers. How does it compare to Ally Bank? Read our comparison chart below.

Chase is one of the biggest banks in the nation with more than 4,700 branches and over 15,000 ATMs. They offer a variety of banking, loans and investing services.

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 Chase with Ally Bank, side-by-side. Read on for an in-depth look, including ratings and reviews.

 Chase
Member FDIC
 Visit SiteLearn More
 

Chase

Ally Bank

SPECIAL OFFER
Chase Bank $300 Bonus - Learn More

Read Chase Review

SPECIAL OFFER
Online Savings Account - 4.00% APY - Learn More

Read Ally Bank Review

 

Benefits and Features

Savings
  • Chase Savings: 0.01% APY. $5 monthly service fee waived with either a $300 daily balance OR $25 automatic transfer every month from a linked Chase checking account, OR a linked Chase College Checking for Overdraft Protection, OR a linked qualifying Chase checking account, OR for owners under 18. $0 to open.
  • Chase Premier Savings: Earn a higher interest rate when you have a bigger balance and meet certain relationship requirements when linked with a Chase Premier Plus Checking or Sapphire Checking account.
4.00% APY
CDTerms of 1 month to 10 years. $1,000 minimum opening deposit. No monthly service fee.3.00% to 4.60% APY. Terms of 3 months to 5 years. 12-month CD APY of 4.25%
Checking
  • Chase Total Checking®
  • Chase Premier Plus Checking: An interest-bearing account with some perks. $25 monthly service waived with an average beginning day balance of $15,000 OR a Chase mortgage with auto pay. $0 minimum balance to open.
  • Chase Sapphire Checking: A premium checking account for those with $75,000 or more on deposit with Chase. $0 minimum balance to open.
  • Chase College Checking: No monthly service fee for college students age 17-24 at account opening with proof of student status, for up to 5 years. $0 to open.
  • Chase Private Client Checking℠: For high net worth individuals who have $250,000 on deposit with Chase.
0.10% APY for daily balances less than $15,000. 0.25% APY for daily balances over $15,000
Money Market 
4.00% APY
Mobile App
iOS & Android
iOS & Android
ATMs
15,000+ Chase ATMs
43,000+ no-fee Allpoint ATMs
Customer ServiceAutomated service available 24/7
24/7
Locations
Over 4,700
Online only
 

CreditDonkey® Reviews

 Chase
SavingsStarStarEmpty StarEmpty StarEmpty Star
CDStarStarStarEmpty StarEmpty Star
CheckingStarStarStarStarEmpty Star
Mobile AppStarStarStarStarStar
Customer ServiceStarStarStarStarEmpty Star
Pros & ConsPros:
  • More than 4,700 branches
  • New customer coupons
  • Full service banking
Cons:
  • Low savings rates
  • Not in all states
Bottom LineNational bank with good promotions for new customers... Read full review Read full review
 Visit SiteLearn More

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Chase: Pricing information and data points from published website as of 09/27/2024.

Ally Bank: Pricing information from published website as of 09/28/2024.

Chase
Member FDIC

Chase Total Checking® - $300 Bonus

Expires 1/22/2025
  • New Chase checking customers enjoy a $300 bonus when you open a Chase Total Checking® account with qualifying activities
  • With over 4,700 branches, Chase has the largest branch network in the U.S. plus access to more than 15,000 ATMs.
  • Chase Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device.
  • JPMorgan Chase Bank, N.A. Member FDIC
  • Open your account online now
  • Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.
  • Chase Overdraft Assist℠ - no overdraft fees if you're overdrawn by $50 or less at the end of the business day or if you're overdrawn by more than $50 and bring your account balance to overdrawn by $50 or less at the end of the next business day*
Chase
Member FDIC

Chase Secure Banking℠ - $100 Bonus

Expires 1/22/2025
  • New Chase checking customers enjoy a $100 checking account bonus when you open a Chase Secure Banking℠ account with qualifying transactions. Open online or at any Chase branch.
  • Set up direct deposit and you may get your money up to two business days early-exclusively for Chase Secure Banking℠ customers.
  • No minimum deposit to open an account and get started plus no overdraft fees with a Chase debit card that helps you stay within your balance.
  • No need to worry about overdraft fees - Chase Secure Banking℠ allows you to spend only the money you have available.
  • Chase Secure Banking℠ customers told us they save an average of more than $40 per month on fees after opening their account.
  • Pay bills, cash checks and send or receive money with Zelle® with a Chase Secure Banking℠ account.
  • Bank from anywhere with access to more than 15,000 Chase ATMs, more than 4,700 Chase branches, the Chase Mobile® app and Chase.com.
  • JPMorgan Chase Bank, N.A. Member FDIC.
Chase Business Complete Banking® - $300 Bonus

Chase Business Complete Banking® - $300 Bonus

Expires 1/16/2025
  • Earn $300 when you open a new Chase Business Complete Checking® account. For new Chase business checking customers with qualifying activities.
  • Multiple ways to waive the $15 Monthly Service Fee, including maintaining a minimum daily balance or purchases on your Chase Ink® Business credit card.
  • Full-service business banking. Convenient access to all your business banking services in one place -- lending, checking, credit card and payment solutions.
  • Your choice of payment types. Choose from a full range of options for accepting payments and making deposits that include Zelle®, Online Bill Pay, wire transfers and ACH payments.
  • Convenient access to payment processing. Process all major debit and credit cards with QuickAccept®. It's a built-in feature with your Business Complete Checking account.
  • Get support you can rely on. Get access to our customer support team, plus a wide array of solutions that carter to every stage of your business
  • Full-featured banking online and on-the-go. Manage your business' finances on your terms with the latest online and mobile banking technology.
  • Associate Debit and Employee Deposit Cards available upon request

Which is Better: Chase 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 Chase or Bank of America.


Articles on Chase

Chase Bank Review

Chase has new customer bonuses and a strong nationwide presence. But there are drawbacks. Read this review to see if Chase is a good bank for you.

Open Chase Account

Opening an account with Chase Bank is simple. Take a look at what you'll need and check out your account options in our guide.

Chase Business Checking Promotion

Chase Business Complete Banking offers a $300 bonus for new customers with qualifying activities. Find out how to get this limited business checking promotion.

Chase Business Complete Banking Review

Is Chase Business Complete Banking the right choice for you? Here are the benefits and fees you need to know.

How to Open a Chase Business Bank Account

Opening a Chase business banking account is easy. Check out what you'll need and your business checking options in this guide.

Chase Routing Number

What is Chase Bank's routing number? It depends on the state. Find the correct routing number for your Chase account (even without a check).

Does Chase Have a High Yield Savings

Curious if Chase offers a high-yield savings account? Read on to find out.

Chase Savings Account Interest Rate

Looking to open a savings account with Chase? Check out the current rates being offered.

Chase CD Rates

Are Chase CD rates any good? You might find better options elsewhere. Find out more.

Articles on Ally Bank

Ally No Penalty CD

Ally Bank's No Penalty CD offers a competitive APY without early withdrawal penalties. Learn more about this CD here.

Ally Bank Locations

Ally is an excellent online bank with no physical locations. So, how can you access your funds? Read on to find out.

Ally High Yield Savings

Ally Savings offers a strong APY and various savings tools to help you boost your funds. Read on to find out more.

Ally Bank Problems

Ally Bank is well-known for having attractive APYs and practically no fees. But, what's the catch? Read on to know what nuisances you may encounter.

Ally Money Market vs Savings

Ally's Money Market and Savings accounts boast high APYs with no hidden fees. But, how do they differ? Read on to find out.

Ally Bank CD Rates

Ally Bank CD accounts offer high APYs and require no minimum deposit. But what is the catch? Learn more about Ally CD rates in this review.

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.

Which Do You Think is Best?





Which Bank Account is Right for You?


You Might Also Like

How Much Are ATM Fees

How Much Are ATM Fees

Felt robbed by ATM fees? Find out just how much cash they're taking from you.
How Long Does It Take to Open a Bank Account

How Long Does It Take to Open a Bank Account

Opening an account can be done in minutes at most banks. So, make sure your requirements are ready to avoid delays. Read on for more details.
Best Savings Accounts for College Students

Best Savings Accounts for College Students

Want to think ahead? Start preparing for your future using these student-friendly savings accounts with high APYs and no fees.
Largest Banks in the US

Largest Banks in the US

A list of the largest banks in the US was released. Which banks came out on top? Read on to find out, plus the benefits of working with a big bank.
Best Joint Checking Accounts

Best Joint Checking Accounts

Explore an expert review of the top joint checking accounts for your needs: married couples, unmarried couples, parents-teens, and businesses.
Best Banks in Colorado

Best Banks in Colorado

In Colorado and looking for a new bank? This useful guide to the best banks in Colorado will make finding one easy.
Best Banks in Florida

Best Banks in Florida

Are you a Floridian trying to find a new bank? It's easy with this helpful guide to the best banks in Florida. Read on to learn more.
Best Banks in Texas

Best Banks in Texas

Looking for the right bank in Texas? Don't miss this helpful guide to the best banks in the Lone Star State. Read on to see which is right for you.
Best Banks in California

Best Banks in California

Are you in California and searching for a new bank? Finding one is easy with this helpful guide to the best banks and credit unions in California.
Crypto Friendly Banks

Crypto Friendly Banks

Curious about which banks are crypto-friendly and which are not? Keep reading to learn which banks are open to a future on the blockchain.

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 | Do Not Sell My Info | Terms | Contact Us
(888) 483-4925 | 680 East Colorado Blvd, 2nd Floor | Pasadena, CA 91101
© 2024 CreditDonkey Inc. All Rights Reserved.