An Ally Bank Interest Checking Account can be an effective part of your overall short-term financial planning strategy, especially if you need to access your funds with some regularity. For example, an interest checking account might be an effective way to pay for a major home renovation project in increments as the work progresses, or to handle quarterly federal and state estimated tax payments if you are self-employed.
Interest checking accounts are handy any time you want to set money aside on a consistent basis so you have it available when it’s time to pay regular periodic expenses. You may be able to use an interest checking account to put money away for semi-annual property tax payments rather than go through an escrow account with a bank. Whatever your strategy, the average balance in your interest checking account has the potential to earn a substantial amount of interest while still remaining accessible.
The Ally Bank Interest Checking Account has a number of benefits, and it's easy to get started. Learn more by visiting Allybank.com or call live, 24/7 customer care at 877-247-ALLY (2559) today.
Ally Bank, Member FDIC