Many people like to set aside money in case of emergencies or to save for a major purchase, so finding the best savings account is important. Only you can determine what kind of savings account is right for you. It could mean one that offers a higher interest rate or requires no monthly minimum balance.

Whatever your needs, it's a good idea to consider the accounts offered by online banks like Ally Bank. Online banks typically offer more competitive interest rates than traditional banks according to rates published by Bankrate.com. In addition, you want to be sure your deposits are insured by the Federal Deposit Insurance Corporation (FDIC) up to the maximum amount allowed by law. Online banks that are FDIC members like Ally Bank offer the same FDIC coverage that traditional brick-and-mortar banks do.

The best savings account gives you great rates, peace of mind and great customer service. At Ally Bank, we are committed to making saving as easy, secure, and rewarding as it can be. Learn more by visiting Allybank.com or call live, 24/7 customer care at 877-247-ALLY (2559) today.

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