Ally Bank:
  • 1-877-247-2559
  • Open 24/7


Annual Percentage Yield of


on all balance tiers

Save big now. Retire how you want later.

We can’t give you the private island, but we can help you save for it.

Earn more with competitive rates.

Our Online Savings Account interest rate is 10x the national average, and with interest compounded daily, your money grows faster.

Make unlimited deposits.

You can make deposits anywhere using Ally eCheck DepositSM. Plus, you can make up to 6 additional transactions per statement cycle. Why only 6?

Manage your IRA online.

Keep your retirement savings right where you can see it. Log in anytime to manage your account. Plus, we don’t charge any monthly maintenance fees.

Why choose this type of retirement account?

Why choose this type of retirement account?

If you don’t want your retirement funds riding the waves of the market, an Ally Bank IRA is a great option. You’ll still get the tax benefits of an IRA and it’s FDIC insured.

Come for the features. Stay for the experience.

Digital banking tools.

It’s easy to bank anytime, anywhere with the Ally Mobile app.

Your money, FDIC-insured.

Deposits are insured by the FDIC up to the maximum allowed by law.

Learn more

No monthly maintenance fees.

Don’t expect any sneaky monthly maintenance fees with us.

You have options.

Available for Roth, SEP and Traditional IRAs.

Find the IRA for you

Up your saving strategy with a CD ladder

See how combining short-term and long-term CDs can help you maximize your earning potential and save smarter. 

Up your saving strategy with a CD ladder

See how combining short-term and long-term CDs can help you maximize your earning potential and save smarter. 

Get more for your money.

Compare the cost of banking somewhere else.

What you should know.

Our Annual Percentage Yields (APYs) are accurate as of XX/XX/XXXX. Keep in mind, these rates are variable and may change after the account is open. Fees may reduce earnings. The APYs for other banks are provided by and are accurate as of XX/XX/XXXX. The APYs in this table are for the state of California.

A tier is a range of account balances.

Our balance tiers are:

  • Less than $5,000
  • Between $5,000 and $24,999.99
  • $25,000 or more 
The APY we pay is based on the tier in which your end-of-day balance falls. APYs are variable and subject to change.
The rate of our Online Savings Account is 10x the national average of 0.04% APY, based on the national average of savings accounts rates published in the FDIC Weekly National Rates and Rate Caps accurate as of 2/22/2021.


If you make an early withdrawal from your IRA account, the IRS may impose a penalty. Please consult a tax professional.

Fees, a short story.

You shouldn’t be nickel and dimed for using your own money. 

We don't charge for the things you use most

…and won't hide the fees we do have.

Get to know every aspect of this account before you sign up.

Check out our Straight Talk Product Guide (PDF).

Bank better, starting now.

It only takes a few minutes to open an account.

1. Tell us about yourself.

We'll need some personal details like your address, contact information and social security number.

2. Fund your account.

There’s no minimum amount to open an account, but the faster you fund, the sooner you’ll earn interest.

3. Enjoy our award-winning experience.

Get online access right away and explore everything we offer as well as other ways we can help you reach your goals.

Build a better financial future.

Whether you’re just starting out or nearing retirement, we’ve got resources and tools to help you at any life stage.


We have answers.

You can make six withdrawals and transfers per statement cycle.

Federal law permits limiting certain types of withdrawals and transfers from savings and money market accounts. There’s a $10 excessive transaction fee for each transaction that exceeds this limit. However, we’re temporarily refunding this fee to help those of you impacted by COVID-19.

Consult your tax professional for details on IRA distributions or withdrawals.

Still have questions? Visit our Help Center.

Which username did you forget?

Forgot your bank or invest username?

Call us 24/7 for help.

Bank 1-877-247-2559

Invest 1-855-880-2559