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It’s not about finding a place for your money, it’s about finding the right place for your money.

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Don’t just store your money. Grow it.

We offer some of the most competitive rates around, and with interest compounded daily, your money grows even faster.

Now that’s banking in your best interest.

Featured CDs Savings Checking Money Market IRAs

High Yield CD

Best for: Earning a higher interest rate when you lock in your funds for a longer term.

AVAILABLE TERMS

Annual Percentage Yield

No minimum deposit required
Maximum savings with a fixed rate
Early withdrawal penalty will apply

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Online Savings

Best for: Earning interest at a variable rate with the ability to access your money at any time.

Annual Percentage Yield

^% on all balance tiers

Six withdrawals limit per statement cycle. See why
Rate is variable and may change after the account is opened
Fees may reduce earnings
Use buckets to organize your money and visualize what you’re saving for
Set up boosters to optimize and maximize your savings

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Open Account

IRA Online Savings

Best for: Building your IRA over time with unlimited deposits up to your annual contribution limits.

Annual Percentage Yield

^% on all balance tiers

Six withdrawals limit per statement cycle. See why
Available as Roth, SEP or Traditional IRA
Rate is variable and may change after the account is opened
Your deposits are insured by the FDIC up to the maximum allowed by law
Fees may reduce earnings

View Details

Open Account

High Yield CD

Best for: Earning a higher interest rate when you lock in your funds for a longer term.

AVAILABLE TERMS

Annual Percentage Yield

No minimum deposit required
Maximum savings with a fixed rate
Early withdrawal penalty will apply

View Details

Open Account

Raise Your Rate CD

Best for: Earning interest with the flexibility to raise your CD rate. If our CD rate goes up, yours can too.

AVAILABLE TERMS

Annual Percentage Yield

No minimum deposit required
Start with a great rate, plus have the opportunity to increase your rate once over the 2-year term or twice over the 4-year term, if our rate for your term and balance tier goes up
Early withdrawal penalty will apply

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No Penalty CD

Best for: An established fund you may need to access soon after opening.

Annual Percentage Yield

^%

No minimum deposit required
You can withdraw all your money any time after the first six days following the date you funded the account, and keep the interest earned with no penalties

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Online Savings

Best for: Earning interest at a variable rate with the ability to access your money at any time.

Annual Percentage Yield

^% on all balance tiers

Six withdrawals limit per statement cycle. See why
Rate is variable and may change after the account is opened
Fees may reduce earnings
Use buckets to organize your money and visualize what you’re saving for
Set up boosters to optimize and maximize your savings

View Details

Open Account

Interest Checking

Best for: Unlimited deposits and withdrawals as well as access to bill pay and Zelle®, checks, and debit cards.

Annual Percentage Yield

^% Minimum daily balance less than $15,000

Use any Allpoint® ATM in the U.S. for free, plus reimbursements of up to $10 per statement cycle for fees charged at other ATMs nationwide
Rate is variable and may change after the account is opened
Fees may reduce earnings

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Money Market

Best for: Unlimited deposits as well as access to Zelle®, checks, and debit cards. Limited withdrawals.

Annual Percentage Yield

^% on all balance tiers

Debit card and check access
Unlimited deposits and ATM withdrawals + 6 additional withdrawals per statement cycle. See why
Rate is variable and may change after the account is opened
Fees may reduce earnings

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IRA High Yield CD

Best for: Maximum savings at a fixed rate when you lock in funds for the term length.

AVAILABLE TERMS

Annual Percentage Yield

Maximum savings with a fixed rate
Available as Roth, SEP or Traditional IRA
Your deposits are insured by the FDIC up to the maximum allowed by law
Early withdrawal penalty may apply

View Details

Open Account

IRA Raise Your Rate CD

Best for: Retirement savings with the ability to raise your CD rate.

AVAILABLE TERMS

Annual Percentage Yield

Start with a great rate, plus have the opportunity to increase your rate once over the 2-year term or twice over the 4-year term, if our rate for your term and balance tier goes up
Available as Roth, SEP or Traditional IRA
Your deposits are insured by the FDIC up to the maximum allowed by law
Early withdrawal penalty may apply

View Details

Open Account

IRA Online Savings

Best for: Building your IRA over time with unlimited deposits up to your annual contribution limits.

Annual Percentage Yield

^% on all balance tiers

Six withdrawals limit per statement cycle. See why
Available as Roth, SEP or Traditional IRA
Rate is variable and may change after the account is opened
Your deposits are insured by the FDIC up to the maximum allowed by law
Fees may reduce earnings

View Details

Open Account

Annual Percentage Yields (APYs) displayed are accurate as of XX/XX/XX .

For IRAs, an additional IRS tax may also apply; please consult your tax professional.

You really can have it all.

Get great rates and an award-winning online banking experience.

Banking tools for the digital age.

Bank anywhere, anytime, on any device with the Ally Mobile app, and optimize your savings strategy with buckets and boosters —free with our Online Savings Account.

Explore how to bank with us

24/7 support.

We’re here when you need us. Call, chat, or email us any time. A real person is always available to help, day or night.

No sneaky fees or minimums for account opening.

When you bank with us, don’t expect any monthly maintenance fees or minimum balance requirements for account opening.

Experience better banking for yourself.

It only takes a 5 minutes to open an account.

1. Find the right account for you.

Tell us a little bit about your financial goals and we’ll recommend the best account options.

2. Open the account online.

Simply answer a few questions and we’ll get you set up with your new account.

3. Enjoy our award-winning experience.

Get online access right away and start exploring all we have to offer. It’s time to reach those goals.

Get Recommendations

We're not in it for the awards.

But we're pretty flattered.

Named best banks of 2021 by go banking rates

Named best high-yield savings account of 2020 by money favorites

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FAQs

We have answers.

No. We don't accept cash deposits. However, there are several ways you can make a deposit into your account.
- Remote check deposit with Ally eCheck Deposit℠
- Online transfers and direct deposit
- Wire transfers and mail
There are several ways you can add money to your accounts. You can transfer money from another bank or an Ally Bank account. We also offer Ally eCheck Deposit℠ to deposit checks. You can also send a wire transfer or mail checks to:

Ally Bank

P.O. Box 13625

Philadelphia, PA 19101-3625

Make sure checks are properly endorsed on the back with For Deposit Only and the signatures of all payees. Please don't send cash.

You can also set up direct deposit with your employer. Direct Deposit (PDF)
With Ally Mobile Banking, you can:
- Make deposits
- Pay your bills
- Transfer money within your Ally accounts, or between your Ally and non-Ally accounts
- Find nearby ATMs and cash back locations
- View your balances and search transaction history

Still have questions? Visit our Help Center.