I heard about Ally in numerous other subreddits before finally pulling the plug and opening an account back in 2020. I also was weary in the beginning and was letting analysis paralysis set in. Anyway, as far as the savings account goes, I have had nothing but good experiences. But I also don't do weird banking things like some of my peers in this sub, that tends to lead to trouble. I zelle money in and then zelle money out, or transfer if I need a larger amount. I try to keep my finances boring, I don't play around with my money. My savings account is only an emergency fund that sits there earning interest, until I need to use it, which isn't often. tl;dr: Their savings account is FDIC insured, can't go wrong with simply storing your money there and earning interest. Answer from Deleted User on reddit.com
Ally
ally.com › bank › online-savings-account
Open a High Yield Savings Account Online | Ally Bank®
December 13, 2025 - Grow your money with a high yield Savings Account. Our online savings account features savings buckets and no overdraft fees. Ally Bank, Member FDIC
Ally
ally.com › bank › checking-and-savings-accounts
Open a Spending and Savings Account Together | Ally Bank
Turn everyday spending into savings with Ally Bank’s buckets and boosters. ... We watch your linked checking accounts for safe-to-save money, then transfer it to your savings.
What is the catch with Ally's 2% APY savings account? : personalfinance
I am currently getting 0.30% APY on my savings account. Looking at CDs, I also see the option to lock away some of my cash for interest rates... More on old.reddit.com
How do y’all feel about Ally for savings?
I heard about Ally in numerous other subreddits before finally pulling the plug and opening an account back in 2020. I also was weary in the beginning and was letting analysis paralysis set in. Anyway, as far as the savings account goes, I have had nothing but good experiences. But I also don't do weird banking things like some of my peers in this sub, that tends to lead to trouble. I zelle money in and then zelle money out, or transfer if I need a larger amount. I try to keep my finances boring, I don't play around with my money. My savings account is only an emergency fund that sits there earning interest, until I need to use it, which isn't often. tl;dr: Their savings account is FDIC insured, can't go wrong with simply storing your money there and earning interest. More on reddit.com
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January 31, 2024Experience with Ally bank 2025
I've been using them as primary for 11 years now. Very happy, with no complaints. Have a checking, money market and multiple savings accounts. I usually never need support, but I have noticed longer wait times for support issues (you can see the wait time at the top of the screen when logging in). Back in the beginning waits were always under 5 mins. Right now, as an example, the wait is 19 minutes. More on reddit.com
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July 16, 2025Thoughts on their savings account?
It's fine, literally just a savings account with growth tools and buckets for savings goals. More on reddit.com
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March 27, 2025Is Ally a good bank for savings?
Yes, Ally can be a suitable bank for saving your money. Like many of the best savings accounts, Ally’s savings account has no fees or minimum deposit requirements and earns a high interest rate.
forbes.com
forbes.com › advisor › banking › savings › ally-savings-rates
Ally Bank Savings Rates – Forbes Advisor
Is Ally a high-yield savings account?
Ally is an online bank that offers a high-yield savings account with no monthly fees or minimum deposit requirements.
forbes.com
forbes.com › advisor › banking › savings › ally-savings-rates
Ally Bank Savings Rates – Forbes Advisor
Which bank has the highest savings account rates?
The highest-earning savings accounts currently offer rates well over 4.00% APY. For example, the Axos ONE savings account earns up to 4.31% APY, and the LendingClub LevelUp Savings account earns 4.20% APY.
Axos ONE savings account rates and details as of 12/01/2025. LendingClub LevelUp Savings Account rates and details as of 09/15/2025.
forbes.com
forbes.com › advisor › banking › savings › ally-savings-rates
Ally Bank Savings Rates – Forbes Advisor
Videos
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Ally Bank Review: Pros, Cons and Competitors - YouTube
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Ally Bank Beginner's Guide 2026 - YouTube
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Should You Open an Account with Ally Bank? | NerdWallet - YouTube
Reddit
reddit.com › r/allybank › how do y’all feel about ally for savings?
r/AllyBank on Reddit: How do y’all feel about Ally for savings?
January 31, 2024 -
I found out about it on tiktok and I’m interested but weary. Any good or bad experiences?
Edit: thank you all so much, y’all are wonderful and I appreciate all of y’all’s help! 🥰
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I heard about Ally in numerous other subreddits before finally pulling the plug and opening an account back in 2020. I also was weary in the beginning and was letting analysis paralysis set in. Anyway, as far as the savings account goes, I have had nothing but good experiences. But I also don't do weird banking things like some of my peers in this sub, that tends to lead to trouble. I zelle money in and then zelle money out, or transfer if I need a larger amount. I try to keep my finances boring, I don't play around with my money. My savings account is only an emergency fund that sits there earning interest, until I need to use it, which isn't often. tl;dr: Their savings account is FDIC insured, can't go wrong with simply storing your money there and earning interest.
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Wary? What are you concerned about? We can be more specific in our answers to address your hesitations. Also, when you say "for savings" are you asking about all the ways to save at Ally (Online Savings, Money Market Account, and CDs) or only specifically about the Online Savings Account?
Ally
secure.ally.com › explore › savings-account
Savings Account
Sign in or enroll to access Ally Online for bank or invest products - accessible on desktop, tablet or mobile devices with your Username and Password.
Ally
ally.com › stories › save › how-does-a-savings-account-work
How Does an Ally Bank Savings Account Work? | Ally
March 28, 2025 - Federal Deposit Insurance Corporation (FDIC) insured: As an FDIC member, deposits at Ally Bank are insured by the FDIC up to $250,000 per depositor, per qualifying account ownership category, so you can rest assured that your savings are safe. Annual percentage yield (APY): An account’s APY is the interest rate earned over a year. In-account tools: Within your account, savings buckets and boosters are customizable tools to help you · visualize your savings goals and even motivate you to save more.
Ally
ally.com › bank › view-rates
Ally Bank Rates - Compare Our Deposit Account Rates | Ally
1 week ago - Compare our savings, CD, money market, checking and IRA rates and features all in one place. Straightforward with no hidden fees. Ally Bank Member FDIC.
Ally
secure.ally.com › open-account
Open Account
Sign in or enroll to access Ally Online for bank or invest products - accessible on desktop, tablet or mobile devices with your Username and Password.
Ally
secure.ally.com
Ally Online Services | Ally
Sign in or enroll to access Ally Online for bank or invest products - accessible on desktop, tablet or mobile devices with your Username and Password.
Forbes Advisor
forbes.com › advisor › banking › savings › ally-savings-rates
Ally Bank Savings Rates – Forbes Advisor
July 30, 2025 - The Ally Bank Savings Account is a suitable option for individuals seeking an account that earns a competitive yield and comes with added budgeting features. Plus, since no minimum deposit is required, the account can be used by both established ...
Bankrate
bankrate.com › banking › savings
Ally Bank Savings Account Interest Rates | Bankrate
July 9, 2024 - Ally Bank is a well-known online bank that offers competitive interest rates. Here's everything you need to know about its high-yield savings account.
Ally
ally.com › bank › savings-account-rates
Online Money Market & Savings Account Rates | Ally Bank®
Compare Ally Bank's Money Market & Savings Account rates. Competitive rates with savings buckets and no overdraft fees. Ally Bank, Member FDIC.
Ally
ally.com › reviews › bank › savings-account
Savings Account Reviews | Ally Bank Customer Reviews
Read real reviews from verified account owners. See what customers are saying about the Ally Bank Savings Account. Ally Bank, Member FDIC.
Ally
ally.com › invest
Ally Invest®: Investing Services, Online Trading - Invest With Us
With an Ally Bank Savings Account and Ally Invest, access your money story in one view.
Ally
ally.com › stories › save › high-yield-savings-account
High-Yield Savings Accounts: How Do They Work? | Ally
April 17, 2025 - Read more: Make your interest earnings work even harder with Ally Bank Savings Account’s buckets and boosters. High-yield savings accounts can help you get one step closer to accomplishing your savings goals. Experts recommend stashing away three to six months' worth of expenses in an emergency fund. A high-yield account will keep your money liquid and easily accessible if you need it. If you have a short-term savings goal, such as an upcoming vacation, a high-yield account can help you save up faster.
Ally
ally.com › stories › save › how-to-open-a-savings-account
How to Open an Ally Bank Savings Account: 6 Steps to Take | Ally
March 16, 2023 - Next, you’ll see options for deposit accounts: CDs, Savings, Checking and Money Market and IRAs. Click on “Savings,” then select “Open Account” and indicate whether you’re an existing Ally Bank customer.
Investopedia
investopedia.com › ally-bank-savings-account-interest-rates-7505865
Ally Savings Account Interest Rates: January 2026
2 weeks ago - Ally Bank's Savings Account interest rate is fairly competitive, with no monthly fee or minimum required deposit. Learn about how its rate compares to other accounts.
Business Insider
businessinsider.com › personal finance › banking › savings › ally bank review 2025: features, pros, and cons
Ally Bank Review 2025: Is It the Right Bank for You?
May 6, 2025 - The Ally High Yield Savings Account is a great option for anyone who wants savings tools to help save for specific financial goals, or prioritizes an account that doesn't charge standard bank fees.
CNBC
cnbc.com › cnbc select › banking › here's the best high-yield savings account for doing all your banking in one place
Here's the best high-yield savings account for doing all your banking in one place
May 28, 2025 - The Ally Online Savings Account is a great option for savers who also want to open a checking account in tandem.
Ally
ally.com › stories › save › open-checking-and-savings-accounts
Checking vs. Savings: Maximize Both Accounts | Ally
September 22, 2025 - Checking and savings accounts are essential tools of everyday banking, so you want the experience to be as seamless and effortless as possible. So why not streamline your personal banking experience by combining them at the same bank? By opening both Ally Bank Spending and Savings Accounts, you can unlock more features and save precious time when managing your money.
Facebook
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I currently have a ally high yield savings account with 3.5% ...
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