Setting Up Online Checking Accounts is Smart, Easy

Open Your Checking Account on Your Terms

September 2012

Moving your money to an interest-bearing checking account can be a smart financial choice, and if you choose the right bank, it can be easy.

Today's banking environment is far different from the one that existed just a few years ago, when opening a checking account almost always meant walking into a bank and waiting to sit down with a bank employee to fill out paperwork.

An interest checking account can now be set up at an online bank as quickly as you sit in front of your computer at home — at any time that's convenient for you.

At Ally Bank, you'll simply need the name, contact information, date of birth and the tax identification number of each account holder. After enrolling, payroll checks and other deposits usually can be set up for electronic deposit. We also make it easy to pay your bills online for free, saving postage and time.

According to the experts we've interviewed, convenience is also an important part of choosing the right checking account. "The easier you can get things set up [from] day one not choosing the right bank, choosing the right accounts — the more you make sure you won't have to worry about your accounts later," said Bill Pratt, a financial instructor at East Carolina University and the author of The Graduate's Guide to Life and Money, when he spoke with us recently.

The Ally Bank Interest Checking account offers the added advantage of earning a return on your average monthly balance. There are also no monthly maintenance fees.

"You always want to avoid any unnecessary fees," noted Pratt.

Plus, the our Interest Checking account offers free ATM usage nationwide, Ally Bank will even reimburse you for the ATM fees other banks charge.

Learn more at or call live, 24/7 customer service at 877-247-ALLY (2559) today.

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