Not that long ago, when it came to bank interest rates, savings options and more, you essentially had to take whatever your local bank handed out. In today's world, the Internet and online banking have made it easier than ever to find the best rates and bank products out there. If you think you can do better than the interest rate you're receiving on your current savings account, you can shop around easily and from the convenience of your own device.
Websites like Bankrate.com, MyBankTracker, Bankaholic® and Money Rates.com all gather rates from around the country for you to compare side by side. At AllyBank.com you can see the rates of other major banks alongside Ally Bank annual percentage yields (APYs), savings account choices and more.
But rate shopping is only the first step. Before moving your money, you may also want to take the time to visit the websites of the financial institutions you're considering, or call a customer-service representative for additional information. Fees, minimum balance and opening deposit requirements, transaction limits and other account terms all can make a difference in whether an account fits your personal needs.
At Ally Bank, we offer some of the most competitive rates in the country, as published by Bankrate.com. There’s no minimum balance to open and we charge no monthly maintenance fees. Learn more at Allybank.com or call live, 24/7 customer care at 877-247-ALLY (2559) today.