Keeping money safe is obviously a prudent financial practice. You likely don’t leave your wallet lying around or keep too much cash on hand, and you probably keep the bulk of your money in the bank. Though many people still think of traditional brick-and-mortar banks when they think of deposit accounts, online banks like Ally Bank are also great places for keeping money safe.

When you keep your money in online savings and checking accounts, you are able to keep it separate from your other spending money, and potentially avoid fees and earn interest. Additionally, at an FDIC-member bank like Ally Bank, your deposits are insured by the Federal Deposit Insurance Corporation (FDIC) for up to the maximum allowed by law.

There are several measures that virtually every bank takes to ensure that their customers have a safe, secure online banking experience, including firewalls and Secure Socket Layer (SSL) encryption. In addition to these common practices, we've also instituted several other security practices at Ally Bank to help ensure a secure online banking experience. We also automatically log you out of your secure session after a period of inactivity and monitor activities for potential fraud—and it's all backed by our Online Banking Security Guarantee for added peace of mind.

Keeping your money and identity safe is one of the most important features of bank websites. On Allybank.com, we provide a detailed explanation of how we keep your accounts secure online. And there are some simple steps you can take to make sure you're protected. If you'd like to learn more, Ally Bank provides a few tips for how to keep yourself protected online.

Both the Ally Bank Online Savings Account and Money Market Account have variable Annual Percentage Yields (APYs) that are some of the most competitive in the country. We don't charge monthly maintenance fees and you can open and fund an account with any amount.

Ally Bank is committed to making saving as easy, secure and rewarding as it can be. Learn more at Allybank.com or call live, 24/7 customer support at 877-247-ALLY (2559) today.

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