Ally Bank Review
By Itai Varochik | Last updated February 1, 2026
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Our Verdict
Ally Bank is the gold standard for online banking. Its consistently high savings rates, no-fee structure, and excellent customer service make it a top choice for primary banking.
GetASearch Score: 9/10
Rating: 4.5/5 (1900 reviews)
Pros
- High-yield savings
- No monthly fees
- 24/7 customer service
- No minimum balance
Cons
- No physical branches
- No cash deposits
- Limited international features
- Savings rate fluctuates
Score Breakdown
| Criteria | Score |
|---|---|
| Features | 8.0/10 |
| Ease of Use | 9.0/10 |
| Value for Money | 10.0/10 |
| Customer Support | 9.0/10 |
| Overall | 9.0/10 |
What is Ally Bank?
Ally Bank is one of the most established online banks, offering high-yield savings accounts, no monthly fees, fee-free ATM access, and a comprehensive suite of banking products.
Ally Bank Features
| Feature | Available | Description |
|---|---|---|
| High-Yield Savings | Yes | Competitive APY |
| No Fees | Yes | No monthly maintenance |
| 24/7 Support | Yes | Phone and chat always available |
Ally Bank Pricing
Free (no monthly fees)
Best For
- Savers
- Fee-conscious consumers
- Online banking fans
- First-time bankers
Final Verdict
Ally Bank is the gold standard for online banking. Its consistently high savings rates, no-fee structure, and excellent customer service make it a top choice for primary banking.