Citibank vs Ally Invest

Citibank is a large national bank best for high balance customers. How does it compare to Ally Invest? Read our comparison chart below.

Citibank has over 700 branches across the United States. 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.

While Ally Invest (formerly TradeKing) offers stock trades at $0 per trade and options trading at $0 + $0.50 per contract. There is no minimum deposit.

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

	Citibank	Ally Invest

	Learn More	Learn More
	OFFER Citi Priority - Earn up to $2,000 Cash Bonus Read Citibank Review	SPECIAL OFFER Commission-Free Stock Trades - Learn More Read Ally Invest Review
	Benefits and Features
Savings	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.
Stock Trading		$0 per trade
Options Trading		$0 base + $0.50 per contract
CD
Checking	Citi Priority
Mutual Fund Trading		$0 to buy/sell load mutual funds $0 to buy/sell no load mutual funds
Money Market
Customer Service	24/7 Live Customer Service (Telephone)	(855) 880-2559
Banking		Integrated with banking on ally.com. Manage your Ally banking and investment accounts in one place.
Mobile App
Forex Trading
	CreditDonkey® Reviews

Savings
CD
Checking
Customer Service
Mobile App
Stock Trading
Options Trading
Mutual Fund Trading
Banking
Commissions and Fees
Ease of Use
Online Community
Research
Trading Platform
Pros & Cons	Pros: Perks for high balance customers Many fee-free ATMs Global presence Cons: No free checking option Higher balance requirements Low savings APY	Pros: Low commission for stock trades No account minimums Ally platform Cons: No physical locations
Bottom Line	Large national bank best for high balance customers... Read full review	Good low-price discount stock broker for savvy investors... Read full review
	Learn More	Learn More
		Commission-Free Stock Trades Open an Ally Invest account Automated Investing to Help Save Your Time
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Citibank: Pricing information from published website as of 09/20/2023. 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. Ally Invest: Pricing information from published website as of 04/01/2021. 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 - Earn up to $2,000 Cash Bonus

Learn More

Expires 1/9/2024

Earn up to $2,000 when you open a new eligible Citi checking account and enroll in the offer the same day
New to Relationship customers can choose their Relationship Tier.
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 Balance Level at any point during the maintenance period, the bonus changes.
Bonus will be paid within 30 days after you successfully complete all required activities.
Restrictions apply.

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

Learn More

Expires 1/9/2024

Earn up to $2,000 when you open a new eligible Citi checking account and enroll in the offer the same day. New To Relationship customers can choose their Relationship Tier. 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 Balance Level at any point during the maintenance period, the bonus changes. Bonus will be paid within 30 days after you successfully complete all required activities. Restrictions apply.

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

Citigold® - Earn up to $2,000 Bonus

Learn More

Expires 1/9/2024

Earn up to $2,000 when you open a new eligible Citi checking account and enroll in the offer the same day.
New to Relationship customers can choose their Relationship Tier.
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 Balance Level at any point during the maintenance period, the bonus changes.
Bonus will be paid within 30 days after you successfully complete all required activities.
Restrictions apply

Which is Better: Citibank or Ally Invest?

In short: Citibank's mobile app is noteworthy.

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Citibank vs Ally Bank

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.