Ally Bank Promotions
Read our in-depth review of Ally Bank to see why Ally Bank scored 4.4 stars out of 5. We like their cd options, no account minimums, and good customer service.
If you're looking for bank promotions, you must check out these offers.
Online Savings Account - 0.50% APY
$0 minimum opening deposit. No minimum balance requirement. No fees to open or maintain account.
Interest Checking
- 0.10% APY for daily balances less than $15,000
- 0.25% APY for daily balance over $15,000
- Be reimbursed $10/month for ATMs outside of Ally Network
- $0 Minimum Opening Deposit
- No Fees to Open or Maintain Account
- FDIC insured
- Daily Compounding Interest
Money Market
- 0.50% APY
- Unlimited deposits and ATM withdrawals, and up to 6 additional transaction
- Be reimbursed $10/month for ATMs outside of Ally Network
- $0 Minimum Opening Deposit
- No Fees to Open or Maintain Account
- FDIC insured
- Daily Compounding Interest
Term CDs
- Up to 0.85% APY
- $0 Minimum Opening Deposit
- Up to 5 years
- No monthly maintenance fee
- FDIC insured
- Daily Compounding Interest
Compare CD Promotions:
Raise Your Rate CDs
- 0.60% APY
- 2 or 4-Year Terms
- Opportunity to increase your rate once over the 2-year term or twice over the 4-year term
- $0 Minimum Opening Deposit
- No monthly maintenance fee
- FDIC insured
- Daily Compounding Interest
No Penalty CD
- Withdraw Full Balance and Interest After 6 Days of CD Funding Date Without Penalty
- 0.50% APY
- 11 Months
- No monthly maintenance fee
- FDIC insured
- Daily Compounding Interest
Compare Promotions
CIT Bank Savings Connect (Savings + Checking)
- Earn a competitive high yield savings rate with access and convenience features of an eChecking account.
- Earn up to 0.50% APY on Savings Connect and 0.25% APY on eChecking.
- Savings Connect is a tiered interest rate account dependent on the account holder opening a linked qualifying eChecking concurrently and makes periodic qualifying deposits.
- Base Tier: (0.40% APY, 0.399% Interest Rate) A minimum qualifying deposit of $200 is not deposited each month into the linked eChecking or the eChecking account is closed.
- Upper Tier: (0.50% APY, 0.499% Interest Rate) A qualifying deposit of $200 or more is deposited into the linked eChecking account each month.
- APY assumes a qualifying deposit of $200 or more is made to the linked eChecking account each month.
- Minimum of $100 for both the Savings Connect and eChecking to open ($200 total).
CIT Bank Money Market Account - 0.45% APY
- 0.45% APY
- $100 minimum opening deposit
- No monthly maintenance fee
- FDIC insured
HSBC Advance Checking - $200 Welcome Deposit
- Get a $200 Welcome Deposit for eligible new customers who open a new HSBC Advance checking account and complete the following qualifying activities.
- Open your new HSBC Advance checking account online by March 31, 2021; and
- Make recurring monthly Qualifying Direct Deposits totaling at least $500 from a third party to your HSBC Advance checking account(s) for 3 consecutive calendar months from the second full calendar month after account opening
- You will automatically receive the $200 Welcome Deposit in your new HSBC Advance checking account approximately eight weeks after completing all qualifying activities. It's that simple.
- Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC.
CIT Bank Term CDs
- Up to 0.50% APY
- $1,000 minimum opening deposit
- No monthly maintenance fee
- FDIC insured
| Term | CD Rates |
|---|---|
| 6 Month | 0.30% APY |
| 1 Year | 0.30% APY |
| 13 Month | 0.30% APY |
| 18 Month | 0.30% APY |
| 2 Year | 0.40% APY |
| 3 Year | 0.40% APY |
| 4 Year | 0.50% APY |
| 5 Year | 0.50% APY |
Online Savings Account - Earn 0.40% APY
- No fees
- No minimum opening deposit
- No minimum balance required
Ally Bank Offers You May Have Missed
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Ally Bank Payback: Earn Up to $1,000
Offer valid to new and existing customer. Deposit money to new or existing eligible Ally Bank account and get 1% back, up to $1,000. Eligible accounts are Online Savings, Money Market, Interest Checking, or CD account. Deposited amount must remain in account until 1/15/19. Get 1% cashback by 2/15/19.
Highlights
Savings
0.50% APY
0.50% APY
Compare: Ally Bank vs CIT Bank
CD
0.20% to 0.85% APY. Terms of 3 months to 5 years. 12-month CD APY of 0.60%
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
0.10% APY under $15,000; 0.25% APY $15,000 or more
Compare: Ally Bank vs Axos Bank
Money Market
0.50% APY
0.50% APY
Compare: Ally Bank vs Discover Bank
Customer Service
24/7
24/7
Compare: Ally Bank vs HSBC
ATMs
Over 43,000 no-fee Allpoint ATMs
Over 43,000 no-fee Allpoint ATMs
Locations
Online Only
Online Only
Compare: Ally Bank vs Chase
Pricing information from published website as of 2/25/2021.
| | |
 |  | |
Ally Bank | Discover Bank | |
|---|---|---|
Benefits and Features | ||
| Savings | ||
| CD | 0.20% to 0.85% APY. Terms of 3 months to 5 years. 12-month CD APY of 0.60% | 0.20% to 0.60% APY. Terms of 3 months to 10 years. 12-month CD APY of 0.50%. Minimum deposit of $2,500 to open. |
| Checking | 0.10% APY under $15,000; 0.25% APY $15,000 or more | Earn 1% cashback on up to $3,000 in debit card purchases each month |
| Money Market | 0.30% APY under $100,000; 0.35% APY $100,000 or more. $2,500 minimum deposit. | |
| Customer Service | ||
| ATMs | Over 43,000 no-fee Allpoint ATMs | |
| IRA CD | 12-month CD APY of 0.50%. 24-month CD APY of 0.50%. 5-year CD APY of 0.60%. | |
| Locations | ||
| | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Ally Bank: Pricing information from published website as of 2/25/2021. Discover Bank: Pricing information and data points from published website as of 01/28/2021 | ||
Ally Bank Alternatives
Online Savings Account - Earn 0.40% APY
- No fees
- No minimum opening deposit
- No minimum balance required
CIT Bank Money Market Account - 0.45% APY
- 0.45% APY
- $100 minimum opening deposit
- No monthly maintenance fee
- FDIC insured
Chase Total Checking® - $200 Bonus
- Enjoy a $200 bonus when you open a new Chase Total Checking® account and set up direct deposit
- Access to 16,000 Chase ATMs and more than 4,700 branches
- Chase Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device.
- Open your account online now
- Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.
Rewards Checking - Up to 1.25% APY
- Up to 1.25% APY
- No minimum balance requirements
- No fees to open or maintain account
- Overdraft Protection
HSBC Advance Checking - $200 Welcome Deposit
- Get a $200 Welcome Deposit for eligible new customers who open a new HSBC Advance checking account and complete the following qualifying activities.
- Open your new HSBC Advance checking account online by March 31, 2021; and
- Make recurring monthly Qualifying Direct Deposits totaling at least $500 from a third party to your HSBC Advance checking account(s) for 3 consecutive calendar months from the second full calendar month after account opening
- You will automatically receive the $200 Welcome Deposit in your new HSBC Advance checking account approximately eight weeks after completing all qualifying activities. It's that simple.
- Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC.
Articles on Ally Bank
Ally Bank Review
Ally Bank offers good interest rates and no account minimums. But is this popular online bank good for you? Learn the benefits (and drawbacks) here.
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.
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More Bank Promotions
Discover Bank
Online Savings Account - Earn 0.40% APY
CIT Bank Promo Code
CIT Bank Money Market Account - 0.45% APY
Marcus
Marcus Online Savings - Earn 0.50% APY
Capital One 360 Promo Code
360 Checking Account
Bank of America Promotions
Advantage Plus Banking Checking Account - $100 Bonus
Chase Coupon
Chase Bank $200 Bonus
Axos Bank
Rewards Checking - Up to 1.25% APY
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