I use Ally’s MMA to pay my rent since the landlord takes forever to cash the check. Plus I can collect some interest on the rent money while he piddles around. Answer from 681jimwv on reddit.com
Ally
ally.com › bank › money-market-account
Money Market Account: View Rates & Features | Ally Bank®
November 5, 2025 - Money market accounts vs. savings accounts ... Compare the cost of banking somewhere else. ... Our Annual Percentage Yields (APYs) are accurate as of XX/XX/XX . No minimum balance required to earn APY. Keep in mind, these rates are variable and may change after the account is open.
Ally
ally.com › bank › view-rates
Ally Bank Rates - Compare Our Deposit Account Rates | Ally
2 weeks 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.
Money Market account worth it?
I use Ally’s MMA to pay my rent since the landlord takes forever to cash the check. Plus I can collect some interest on the rent money while he piddles around. More on reddit.com
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February 2, 2024Do y’all trust Ally Bank? I’m looking to build my Emergency Fund in their money market account. Is there a better suggestion?
I’ve used ally for 10 years. Love them More on reddit.com
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September 24, 2022Ally: Money Market vs Savings
Ally specifically has some things to note, all the savings tools, buckets, round ups, boosters, those sort of thing, aren’t available in money market accounts. I have both and use the money market as sort of it’s own bucket for saving for a home down payment but my emergency fund, vehicle purchase savings and vacation savings are all in buckets in a regular savings account. More on reddit.com
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August 30, 2023Ally Money Market Account - What's the catch?
You could open an Ally savings and checking account. Transfers from savings to checking are instant, and you get checks and a debit/ATM card, so you can get the money essentially instantly. No fees, no minimum balance. More on reddit.com
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April 11, 2016What's a good rate for a money market account?
Money market accounts have variable interest rates, which means they can fluctuate. Currently, however, competitive MMA rates fluctuate around 4.0% to 4.25% APY.
If you want to increase your chances of a greater return, you can move your money into the market.
cnbc.com
cnbc.com › cnbc select › banking › 12 best money market accounts of january 2026: earn up to 4.25% apy
12 best money market accounts of January 2026: Earn up to 4.25% APY
How much do you need to open a money market account?
Minimum deposit and balance requirements vary by institution. Some have no minimums, while others require account balances of $100, $1,000, $5,000 or far more to secure better rates and avoid monthly fees.
cnbc.com
cnbc.com › cnbc select › banking › 12 best money market accounts of january 2026: earn up to 4.25% apy
12 best money market accounts of January 2026: Earn up to 4.25% APY
Do you pay taxes on money market accounts?
As with other savings accounts, you generally have to pay federal income tax (and sometimes state and local tax) on the interest you earn with a money market account.
cnbc.com
cnbc.com › cnbc select › banking › 12 best money market accounts of january 2026: earn up to 4.25% apy
12 best money market accounts of January 2026: Earn up to 4.25% APY
Ally
secure.ally.com › explore › money-market-account
Money Market 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 › 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.
Bankrate
bankrate.com › mma
Ally Money Market Account Rates | Bankrate
September 2, 2025 - Ally’s money market account offers a high APY, no minimum deposit or monthly fee. What’s more, you can start earning interest with as little as a penny.
Forbes Advisor
forbes.com › advisor › banking › savings › history-of-savings-account-interest-rates
History of Savings Account Interest Rate – Forbes Advisor
2 days ago - For instance, Ally Bank offers a much higher savings account yield than Chase Bank. But Chase is much bigger, thereby pulling down the national average. Another problem is that the data only goes back to 2009, thereby limiting the chance to offer comparisons. To provide a fuller picture, we’ll show the FDIC national deposit rate data and the average annual return for cash as an investment asset. In this context, cash typically refers to money an investor can access quickly, such as the 3-month Treasury Bill.
Ally
ally.com › stories › save › what-is-a-money-market-account
What is a Money Market Account and How Does it Work? | Ally
July 11, 2025 - Unlimited ATM withdrawals for free at 75,000+ Allpoint® and MoneyPass® ATMs · Reimburse up to $10 per statement cycle for fees charged at other ATMs nationwide ... If you want a savings account with the flexibility of a checking account (while ...
CNBC
cnbc.com › cnbc select › banking › 12 best money market accounts of january 2026: earn up to 4.25% apy
12 best money market accounts of January 2026: Earn up to 4.25% APY
5 days ago - ... The CFG Bank High Yield Money Market Account is great for those chasing higher returns. It does require a $1,000 balance to earn an above-average APY and waive the $10 monthly fee. In addition, there are no check-writing or debit card privileges.
Reddit
reddit.com › r/allybank › money market account worth it?
r/AllyBank on Reddit: Money Market account worth it?
February 2, 2024 -
I’m wondering if there’s any downsides to the ally Money Market account since it sounds too good to be true. I saw there’s unlimited atm withdrawals but 10 transaction limit on transfers, so am I able to use the debit card normally or do purchases(online and in person) count toward the 10 transaction limit?
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I use Ally’s MMA to pay my rent since the landlord takes forever to cash the check. Plus I can collect some interest on the rent money while he piddles around.
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Using the card for purchasing transactions will.count toward the 10. The MM account has limits … if you want a spending account for regular use then a spending account should be used. They aren’t going to give the HYSA rate with unlimited transactions.
Ally
ally.com › bank › cd-rates
Compare CD Interest Rates | Ally Bank®
Start with a great rate, plus have the opportunity to increase your rate once over the 2-year term or twice over the 4-year term, if our rate for your term and balance tier goes up ... You can withdraw all your money any time after the first six days following the date you funded the account, and keep the interest earned with no penalties
Yahoo! Finance
finance.yahoo.com › personal finance › banking
4 money market accounts with interest rates of 4% APY and higher (updated weekly)
5 days ago - Ally prides itself on its no-fee model, and its money market account is no exception. This account boasts 3.3% APY, and doesn’t come with any minimum balance requirements or monthly fees. Interest is compounded daily.
Ally
ally.com › stories › save › money-market-account-vs-savings-account
Money Market Account vs. Savings Account: What’s the Difference? | Ally
December 2, 2025 - Research competitive rates for either type of account and compare the · annual percentage yield (APY), which represents the total amount of interest you can earn in a year. Ultimately, it's a personal decision. If you need a safe place to grow your balance while continuing to save, a savings account could be right for you. But, if you want a little more flexibility in how you access your funds, a money market account could be the way to go.
NerdWallet
nerdwallet.com › home › banking › best › best money market accounts for 2026: up to 4.10%
6 Best Money Market Accounts for 2026: Up to 4.10% - NerdWallet
15 hours ago - The main reason to open a money market account is to have a higher interest rate compared to a traditional savings or checking account, while also having the ability to write a few checks. Check out NerdWallet's primer on types of savings accounts for more information. Yes, all the money market accounts on our list come from a bank or credit union that is federally insured.
Ally
ally.com › stories › save › how-does-a-money-market-account-work
How Does a Money Market Account Work? | Ally
May 14, 2025 - An MMA may offer higher interest rates than a traditional savings account while providing the added convenience of check-writing and debit card access. Opening a money market account is simple. In most cases, you provide your personal information, make an initial deposit, and the account is ready to use. Keep in mind, some banks have minimum deposit amounts or balance requirements, but at Ally ...
Ally
ally.com › help › bank › savings-money-market
Ally Bank Help Center: Savings & Money Market Accounts FAQs
Will an Ally Bank Money Market Account put my money in the stock market? No. It’s not an investment account like a money market fund. The only thing variable about a Money Market Account is the interest rate.
Ally
ally.com › content › dam › pdf › bank › ally-bank-straight-talk-mma-guide.pdf pdf
Straight Talk Product Guide: Money Market Account
As part of our mission to be your relentless financial ally, we don’t charge certain fees many other · banks charge. Here are a few of the things we offer at no charge: ... Call us to order a new or additional debit card. ... When you deposit checks or receive certain other deposit items to your account, you’ll find that the · money isn’t immediately available for you to use.
MyBankTracker
mybanktracker.com › home › savings › the best money market accounts of january 2026
The best money market accounts of January 2026
September 1, 2025 - This account has no monthly maintenance fee and delivers a high interest rate without a minimum balance requirement. You also get a free debit card that lets you withdraw cash at any ATM – up to $10 in ATM fees is refunded per statement cycle. ... Read a full Ally Bank Money Market Account editor’s review.
Ally
ally.com
Banking, Investing & Auto Finance | Ally
SpendingSavingsMoney Market · High Yield CDRaise Your Rate CDNo Penalty CD · Ally Invest · Self-Directed TradingRobo PortfoliosPersonal Advice · Ally + Ladder · Life Insurance · Save4 ways Ally Bank's Spending and Savings Accounts optimize your finances ·
Deposit Accounts
depositaccounts.com › home › banks › ally bank
Ally Bank Reviews | Rates, Tips & Ratings | Everything Ally
Both the savings and the money market accounts offer competitive annual percentage yields (APYs). Certificates of deposit (CDs): Ally Bank offers multiple CDs with short- and long-term options, including high-yield CDs, CDs with gradually increasing rates, and CDs with no early withdrawal penalties.
Address 200 W. Civic Center Dr., 84070, Sandy
Ally
ally.com › stories › invest › money-market-account-vs-money-market-fund
Money Market Account vs. Money Market Fund | Ally
August 28, 2024 - Ally Bank’s Money Market Account offers a competitive interest rate, no monthly maintenance fee and access to your money at any time. Note that there's generally a limit to the number of transactions per statement cycle (for Ally Bank, that limit is ten).