I’ve been looking for another high yield online savings account and found Ally Bank 2.00% APY to fit my needs. With their superior rate and no minimum balance or fees, their high customer services is second to none. The interest rate is compounded daily for maximum earnings.
Ally Bank saving accounts and CDs are all FDIC insured up to $250K. When you open the account, you can open multiple accounts all in one screen. This saves time for submitting multiple applications. The good interest rates is an easy decision for opening these type of products.
Check out their Ally Difference:
* We don’t have monthly fees. Ever. Some banks charge a monthly fee if your deposit doesn’t come directly from your employer.
* We don’t require minimum balances. Many others charge a fee if your balance dips too low.
* We work to keep our rates high. Other banks often tempt new customers with promotional rates.
* We grow your money faster by compounding interest daily. Many others compound monthly, quarterly, or even annually.