How do I deposit stock certificates?

To deposit stock certificates in your Ally Invest account, please complete a stock power form (PDF) and submit along with the stock certificate. There is no need to sign the back of the stock certificate. For your security, we recommend sending certificates by overnight delivery or with a return receipt requested.Regular Mail:Ally InvestP.O. Box 49050Charlotte, NC 28277-3432Stock certificates may not be used for an initial deposit for a new account. All stock certificates must be in negotiable form. The stock certificate must be titled the same as your Ally Invest account. Ally Invest reserves the right to return any stock certificate if it is determined to be non-negotiable. For this reason, please do not sign the back of the certificate. Stock certificates incur a $300 processing charge per certificate. In addition, commission on stock certificates deposited into Ally Invest will be equal to 5% of the principal amount of the trade. Be sure to include a personal or bank check made payable to Ally Invest along with each certificate for processing.

How long will it take for my personal check to clear?

Personal checks take 3 business days to clear for trading from the day of posting. Cashier checks are available for trading as soon as we receive and post them. Keep in mind, the name on the check must match the registration on the Ally Invest account. We don't accept third party deposits (checks payable to Ally Invest from non-account holders or checks where a recipient makes an endorsement over to Ally Invest). We also don't accept money orders or starter checks. Mail your deposits to: Ally InvestP.O. Box 49050Charlotte, NC 28277-3432

Do you offer a Cash Sweep Product?

Yes. Ally Invest allows your free cash balances to be automatically swept into an FDIC-insured account for non-IRAs that maintain a credit cash balance of $250,000 or more. Learn about our Cash Sweep Program

Do you offer check writing and debit cards for your invest accounts?

Yes. You must have an account balance of $10,000 to apply for check writing. Keep in mind, there is a $20 annual fee for check writing and an annual fee of $35 for debit cards. Other restrictions, such as account standing and other account activity, may apply.Once you've completed the Check Writing Debit Card Form (PDF), you can send it to us.Fax: 1-866-699-0563Mail: Ally InvestPO Box 49050Charlotte, NC 28277-3432 It will take about four weeks for us to process your request and mail your checkbooks.

Do you offer dividend reinvestment (DRIP)?

Yes. All marginable U.S. equities and selected American Depository Receipts (ADRs) priced at $4 or more that trade either on an exchange or quotes on NASDAQ are eligible for DRIP. Dividends are reinvested on your behalf on the dividend payable date by our clearing firm. The reinvested position will reflect in whole and fractional shares. The reinvestment price will be the prevailing market price at the time the order is entered on the payable date.We can set up your entire account so that any eligible security that you currently hold will be subject to DRIP. Any eligible securities that you purchase thereafter will be automatically enrolled in DRIP. A security will need to be enrolled for DRIP prior to the ex-dividend date in order for the dividend to be reinvested.You can also always request individual positions in your account to be enrolled for DRIP at no charge.

Does Ally.com support my browser?

We actively test changes to the site with 4 major browsers: Mozilla Firefox. Apple Safari. Google Chrome. Microsoft Internet Explorer. We recommend using the most up-to-date version of each browser.

How much do DRIPs cost?

Dividend reinvestment is a free Ally Invest service.

Can I track my DRIP online?

Yes, you will be able to see dividend reinvestment (DRIP) transactions in real time on your Activity page. You can also view DRIP purchases on the Maxit Tax Manager page. In addition to viewing your DRIP activity online, you will see your transactions in your monthly or quarterly account statements.

Will I get a monthly DRIP statement?

Yes, dividend investment purchases will be included in your monthly account statements.

Can I transfer existing DRIPs to Ally Invest?

Yes, you can transfer stocks held in a DRIP at another firm to Ally Invest. Keep in mind, transferring the stock would terminate the other firm's DRIP and partial shares would be liquidated during the transfer process and moved as cash.Contact us by phone at 855-880-2559, via our Live Chat, or by email at support@invest.ally.com in order to enroll those holdings in the Ally Invest DRIP.

Reinvested dividends are taxed as income. The same tax rate applies to both dividends paid as cash and reinvested dividends.

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Deposits

To deposit stock certificates in your Ally Invest account, please complete a stock power form (PDF) and submit along with the stock certificate. There is no need to sign the back of the stock certificate. For your security, we recommend sending certificates by overnight delivery or with a return receipt requested.

Regular Mail:

Ally Invest
P.O. Box 49050
Charlotte, NC 28277-3432

Stock certificates may not be used for an initial deposit for a new account. All stock certificates must be in negotiable form. The stock certificate must be titled the same as your Ally Invest account. Ally Invest reserves the right to return any stock certificate if it is determined to be non-negotiable. For this reason, please do not sign the back of the certificate. Stock certificates incur a $300 processing charge per certificate. In addition, commission on stock certificates deposited into Ally Invest will be equal to 5% of the principal amount of the trade. Be sure to include a personal or bank check made payable to Ally Invest along with each certificate for processing.
Was this helpful?
How could we improve this answer?
Personal checks take 3 business days to clear for trading from the day of posting. Cashier checks are available for trading as soon as we receive and post them.

Keep in mind, the name on the check must match the registration on the Ally Invest account. We don’t accept third party deposits (checks payable to Ally Invest from non-account holders or checks where a recipient makes an endorsement over to Ally Invest). We also don’t accept money orders or starter checks.

Mail your deposits to:

Ally Invest
P.O. Box 49050
Charlotte, NC 28277-3432
Was this helpful?
How could we improve this answer?
Yes. Ally Invest allows your free cash balances to be automatically swept into an FDIC-insured account for non-IRAs that maintain a credit cash balance of $250,000 or more. Learn about our Cash Sweep Program
Was this helpful?
How could we improve this answer?
Yes. You must have an account balance of $10,000 to apply for check writing. Keep in mind, there is a $20 annual fee for check writing and an annual fee of $35 for debit cards. Other restrictions, such as account standing and other account activity, may apply.

Once you’ve completed the Check Writing Debit Card Form (PDF), you can send it to us.

Fax: 1-866-699-0563
Mail: Ally Invest
PO Box 49050
Charlotte, NC 28277-3432

It will take about four weeks for us to process your request and mail your checkbooks.
Was this helpful?
How could we improve this answer?
Yes. All marginable U.S. equities and selected American Depository Receipts (ADRs) priced at $4 or more that trade either on an exchange or quotes on NASDAQ are eligible for DRIP. Dividends are reinvested on your behalf on the dividend payable date by our clearing firm. The reinvested position will reflect in whole and fractional shares. The reinvestment price will be the prevailing market price at the time the order is entered on the payable date.

We can set up your entire account so that any eligible security that you currently hold will be subject to DRIP. Any eligible securities that you purchase thereafter will be automatically enrolled in DRIP. A security will need to be enrolled for DRIP prior to the ex-dividend date in order for the dividend to be reinvested.

You can also always request individual positions in your account to be enrolled for DRIP at no charge.
Was this helpful?
How could we improve this answer?
We actively test changes to the site with 4 major browsers:
- Mozilla Firefox
- Apple Safari
- Google Chrome
- Microsoft Internet Explorer
We recommend using the most up-to-date version of each browser.
Was this helpful?
How could we improve this answer?
Dividend reinvestment is a free Ally Invest service.
Was this helpful?
How could we improve this answer?
Yes, you will be able to see dividend reinvestment (DRIP) transactions in real time on your Activity page. You can also view DRIP purchases on the Maxit Tax Manager page. In addition to viewing your DRIP activity online, you will see your transactions in your monthly or quarterly account statements.
Was this helpful?
How could we improve this answer?
Yes, dividend investment purchases will be included in your monthly account statements.
Was this helpful?
How could we improve this answer?
Yes, you can transfer stocks held in a DRIP at another firm to Ally Invest. Keep in mind, transferring the stock would terminate the other firm’s DRIP and partial shares would be liquidated during the transfer process and moved as cash.

Contact us by phone at 855-880-2559, via our Live Chat, or by email at support@invest.ally.com in order to enroll those holdings in the Ally Invest DRIP.
Was this helpful?
How could we improve this answer?
Reinvested dividends are taxed as income. The same tax rate applies to both dividends paid as cash and reinvested dividends.
Was this helpful?
How could we improve this answer?

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