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 - 0.60% APY

Get Deal

$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

Get Deal

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

Get Deal

Term CDs

Up to 1.00% APY
$0 Minimum Opening Deposit
Up to 5 years
No monthly maintenance fee
FDIC insured
Daily Compounding Interest

Get Deal

Raise Your Rate CDs

0.70% 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

Get Deal

No Penalty CD

Withdraw Full Balance and Interest After 6 Days of CD Funding Date Without Penalty
0.60% APY
11 Months
No monthly maintenance fee
FDIC insured
Daily Compounding Interest

Get Deal

Compare Promotions

CIT Savings Builder - Earn 0.45% APY

Learn More

Earn up to 0.45% APY. Here's how it works: Maintain a minimum balance of $25k OR make at least a $100 minimum deposit every month. Member FDIC

CIT Bank Money Market Account - 0.50% APY

Get Deal

0.50% APY
$100 minimum opening deposit
No monthly maintenance fee
FDIC insured

HSBC Advance Checking - Up to $240 Cash Bonus

Get Up to $240 Cash Bonus

Expires 1/7/2021

Get up to $240 with a 3% Cash Bonus Checking Offer when you open a new HSBC Advance checking account and complete the following qualifying activities.
Open your new HSBC Advance checking account online by January 7, 2021; and
Set up Qualifying Direct Deposits into your new HSBC Advance checking account; and then
Enjoy 3% Cash Bonus, up to $240, on Qualifying Direct Deposits up to $40 per month, during the first 6 calendar months after account opening
You will automatically receive the 3% Cash Bonus in your new HSBC Advance checking account approximately eight weeks after completing that month's qualifying activities.
Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC.

CIT Bank Term CDs

Get Deal

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 0.50% APY

Get Deal

No fees
No minimum opening deposit
No minimum balance required

Ally Bank Offers You May Have Missed

Don't miss another hot deal. Check back often at CreditDonkey.

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.

Go to Ally Bank Website

Expired 10/21/2018

In-Depth Review

Highlights

Savings
0.60% APY

Compare: Ally Bank vs CIT Bank

CD
0.20% to 1.00% APY. Terms of 3 months to 5 years. 12-month CD APY of 0.65%

Checking
0.10% APY under $15,000; 0.25% APY $15,000 or more

Compare: Ally Bank vs Axos Bank

Money Market
0.50% APY

Compare: Ally Bank vs Discover Bank

Customer Service
24/7

Compare: Ally Bank vs HSBC

ATMs
Over 43,000 no-fee Allpoint ATMs

Locations
Online Only

Pricing information from published website as of 11/24/2020.

	Ally Bank	Discover Bank


	Benefits and Features
Savings	0.60% APY	0.50% APY
CD	0.20% to 1.00% APY. Terms of 3 months to 5 years. 12-month CD APY of 0.65%	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	0.50% APY	0.35% APY under $100,000; 0.40% APY $100,000 or more. $2,500 minimum deposit.
Customer Service	24/7	24/7
ATMs	Over 43,000 no-fee Allpoint ATMs	Over 60,000 no-fee 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	Online Only	Online Only

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 11/24/2020. Discover Bank: Pricing information from published website as of 11/6/2020

Ally Bank Alternatives

Online Savings Account - Earn 0.50% APY

Get Deal

No fees
No minimum opening deposit
No minimum balance required

CIT Bank Money Market Account - 0.50% APY

Get Deal

0.50% APY
$100 minimum opening deposit
No monthly maintenance fee
FDIC insured

Open a New Checking Account

Get Coupon

Rewards Checking

Up to 1.25% APY
No minimum balance requirements
No fees to open or maintain account
Overdraft Protection

Get Deal

HSBC Advance Checking - Up to $240 Cash Bonus

Get Up to $240 Cash Bonus

Expires 1/7/2021

Get up to $240 with a 3% Cash Bonus Checking Offer when you open a new HSBC Advance checking account and complete the following qualifying activities.
Open your new HSBC Advance checking account online by January 7, 2021; and
Set up Qualifying Direct Deposits into your new HSBC Advance checking account; and then
Enjoy 3% Cash Bonus, up to $240, on Qualifying Direct Deposits up to $40 per month, during the first 6 calendar months after account opening
You will automatically receive the 3% Cash Bonus in your new HSBC Advance checking account approximately eight weeks after completing that month's qualifying activities.
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.

Recent Mentions

Banks With Free Checking and No Minimum Balance

Monthly service fees stink. Take a look at which banks offer totally free checking accounts. (Even with no opening deposit.)

Best Free Checking Accounts

Many banks offer free checking accounts. But are there really no fees? Here is a list of the best banks to open a free bank account.

Best High Yield Savings Accounts

Make your money work harder for you in a high-yield savings account. Here are the top savings accounts to grow your money.

Best Online Bank

Online banks are convenient, pay higher interest rates, and have less fees. Find out which accounts are best (#1 surprised us).

Ally Invest

Ally Invest offers some of the lowest fees among online brokerages. It has a wide product variety, a great trading platform, and great research tools. Before you go with Ally, though, find out how Ally Invest works to find out if it's the best discount broker for you.