Online Savings Account that's all about Saving Money

A Frugal Savings Plan Makes Sense To You

These days, we're all making more intelligent choices when it comes to our household budgets — and being frugal (or at least more frugal than we used to be) is a part of that. Not only are we saving money on our $3 cups of coffee by making them at home — and giving up our 200+ premium movie channels in favor of Friday night DVD rentals — but we're also making more intelligent choices about our savings plans and looking for higher-yield accounts that will grow our savings faster.

That's where Ally comes in. With our Online Savings Account, you can earn a higher interest rate than many other banks offer — which means that the money you've put aside by being frugal can actually grow faster than you might expect. Some highlights of our Online Savings Account include:

  • Open with $0
  • No minimum balance
  • No monthly fees
  • Daily compounded interest for maximum earnings
  • FDIC insured up to the maximum allowed by law

Sign up for Ally's Online Savings Account and embrace your frugal nature.