Can’t wait for payday? Early direct deposit is here to help

The countdown to payday can be fraught with emotion, both the good and the bad. Whether you’re eager to put some of your earnings toward fun weekend plans or making sure paying your bills doesn’t mean overdrawing your account, the wait can get stressful. So what if you could fast forward (just a bit)? Our […]


What is Overdraft Protection

Picture this: You recently made a commitment to yourself to exercise more. However, the closest gym to your house is 25 minutes away and you’re not really enthused about making that drive every day, so you decide to buy some workout equipment to burn those calories at home instead. You check an online marketplace and […]


What Are Overdraft Fees? And How Can You Avoid Them?

Let’s say you’re eyeing a $500 couch, but you only have $400 in your checking account. What happens when you swipe your debit card? You may still be able to make the purchase. But there’s a catch: You could incur an overdraft fee. What Is an Overdraft Fee? If you attempt to spend more money […]


6 Benefits of Online Checking Accounts

You can’t remember the last time you had actual cash in your wallet, let alone a paper checkbook. And digital wallet apps make sending and receiving money as easy as a swipe on your phone. So, do you still need a checking account these days? The answer is: yes. Checking accounts remain a personal banking […]


How Do Interest-Bearing Checking Accounts Work?

You know the trusty sidekick every superhero has? The one who does all the work and gets none of the glory? Chances are, that’s how your checking account functions in your personal banking strategy. But what if we told you there’s a way to earn interest without all the transaction limitations that come with savings […]


Explore Your Options: Compare Checking, Savings, and Money Market Accounts

You have a lot of options when it comes to managing your everyday banking needs. And while you likely know a bit about them, a side-by-side comparison of the most common types of accounts may help you choose which ones are best for you. Checking, savings, and money market accounts have some similarities, but their […]


Five Things to Know About Interest Checking Accounts

If you’re like most people, your checking account does the heavy lifting when it comes to everyday banking tasks. It’s the account you use to pay bills and conduct most of your transactions. As long as money’s going in and bills are going out, it’s easy to overlook this essential banking basic. But it may […]


Solidify Your Financial Strength

A well-balanced financial portfolio should include a mix of savings options across various “asset classes.” This not only allows you to benefit from rising values and be protected against market downturns, but by allocating your savings among different classes, you can substantially reduce the worry that comes with investing in only one type of asset. […]


The Impact of Checking Account Fees

In order to understand how interest-bearing checking really works to your advantage, you need to understand the fees involved. Even fairly modest checking account fees can significantly offset your interest earnings, or wipe them out altogether. "Everyone needs to watch out for fees," explains Andrew J. Feldman, president and founder of A.J. Financial in Chicago. […]


Choosing a Checking Account

Which interest-bearing checking account is right for you? At Ally Bank, we feel that opening a new online checking account should be an easy decision. But as with any financial decision, it's smart to do some homework before you make your final choice. You can start the process of choosing a checking account by asking […]

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