What is your savings account doing for you?
If it’s simply a place to stash your cash and your balance is earning little to nothing, it might be time to reconsider your options.
At Ally Bank, we believe the right savings account is more than just an online piggy bank. It goes beyond great rates and immediate account access. The right savings account helps you make saving a way of life and helps your balance grow. Here is a list of things you can expect as an Ally Bank Online Savings Account customer.
A great rate is just the beginning.
The rate you earn on your savings balance ultimately depends on three things: the terms of your account, what bank you choose, and your balance.
At Ally Bank we realized almost a decade ago that if we eliminated physical branches from our service model, we could pass savings on to you in the form of great rates—and we have been helping savers save with rates several times the national average ever since.
So kick back, relax, and know we are committed to providing you with a savings account you can depend on.
Saving is a way of life.
We know the little things in life can make a big difference. As an Ally Bank Online Savings Account customer, you can have access to all the features you’ve come to expect: a quality mobile app, remote check deposit, seamless transfer options, bill pay, and direct deposit. But you also have access to these lifestyle-driven account features and tools to help you make banking and saving a part of your everyday life:
- Activity alerts keep you in the loop with your account transactions.
- Use Ally’s Online Savings Account buckets to organize your money and visualize what you’re saving for. Set up boosters to optimize and maximize your savings, even if the rate changes after you open the account.
- Zelle®—send or receive money quickly and securely to almost anyone with a U.S. bank account.
We take your security seriously.
We know the safety of your financial information is serious business. We use world-class technology and industry best practices to protect your personal and financial information. These include SSL encryption, firewalls, anti-virus protection, and multi-factor authentication, to name a few. We feel so strongly about providing a safe online banking experience that we have our own Online and Mobile Security Guarantee.
Access money and move it your way.
You can open an Ally Bank Online Savings Account in just a few minutes online or over the phone from virtually anywhere. In addition, you can make regular deposits and withdrawals (within federal permitted limits) anytime you want. You also can link your Online Savings Account to other accounts, like checking accounts and money market accounts, which can make transfers convenient.
No mumbo jumbo.
We don’t believe in hidden fees or complicated balance requirements. With the Ally Bank Online Savings Account, you can open and fund your account with any amount. There are no balance requirements and no monthly maintenance fees. And, your deposits are insured by the Federal Deposit Insurance Corporation (FDIC) up to the maximum amount allowed by law.
Quick access to information is great, but sometimes you just need help from a human. We have a team of specialists available to answer your questions and give you guidance—all at your convenience.
You can get help with new accounts, check balances, transfer money, deposit checks, and more—from anywhere you have internet access, anytime you want at Ally.com or call live, 24/7 customer care at 877-247-ALLY (2559). We’ve even won several industry awards for customer satisfaction.
Tirelessly innovating—how can we make savings better for you?
As an Ally Bank customer, you can rest knowing you have some of the most competitive saving account rates in the market and lifestyle-driven account features. But we’re always striving to make things better. Tell us how we can make saving better for you in the comments below.