Whether you're just starting out or about to retire, figuring out the best place to save money is an important question to face at any age. Is it with a regular savings account? A CD? For many, a money market account can be a smart option.
Sometimes a money market account can offer a more competitive interest rate than a regular savings account. Earning the best interest rate you can while keeping your money safe is generally a sound financial strategy. But being able to access your cash when you need it is important, too.
The Ally Bank Money Market Account includes a debit card as well as check-writing privileges. Plus, there's no minimum deposit to open and no monthly maintenance fees. So if, for example, you want to use the cash in this account as an emergency fund, having that flexibility could be beneficial. Keep in mind that federal law limits checks and certain types of withdrawals and transfers from money market accounts to six per statement cycle. Some transactions are unlimited. You can make as many deposits as you wish. If you need access to the money in your money market account, you can make unlimited ATM withdrawals or request a check made payable to you.
According to rates published by Bankrate.com, the Ally Bank Money Market Account earns a variable rate of interest that's consistently among the most competitive in the country. Plus, Ally Bank doesn't charge monthly maintenance fees or ATM fees nationwide. We even reimburse ATM fees charged by other banks nationwide. Take a look at the many benefits of our Money Market Account by visiting Allybank.com or call live, 24/7 customer care at 877-247-ALLY (2559) today.
Ally Bank, Member FDIC