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Ally Bank Money Market Review: 4.00% APY (Nationwide)

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Ally Bank
If you’re looking for a savings account with competitive rates, check out Ally Bank Money Market Account which features 4.00% APY for all balances. As with many Ally accounts, there are no monthly fees, earn a higher rate than most banks.

Update 10/4/24: Rate has decreased to 4.00% APY from 4.20% APY. For more competitive rates, we highly recommend our top choice savings account at Western Alliance Bank.

About Ally Bank Money Market

You can also relax, knowing that your money is FDIC insured. Grow your money faster with interest compounded daily. So don’t wait, sign up for this account now and enjoy the convenience of online and mobile Banking as well!

Balance Requirement APY Rate
$0.01+ 4.00% APY

Ally Bank Money Market Rate

  • Account Type: Money Market Account
  • Interest Rate: 4.00% APY
  • Availability: Nationwide
  • Minimum Balance: None
  • Maximum Balance: None
  • Credit Inquiry: Soft Pull
  • Opening Deposit: $0
  • Monthly Fee: No monthly maintenance fees.
  • Early Account Termination Fee: None
Learn More at Ally Bank

(FDIC Insured)

FEATURED BANK RATES
PROMOTIONAL LINKOFFERREVIEW
Western Alliance Bank High-Yield Savings Premier 5.11% APYReview
Valley Direct Online Savings 5.05% APYReview
Quontic Bank Money Market 5.00% APYReview
SkyOne Federal Credit Union Money Market4.87% APYReview
Nelnet Bank High Yield Savings4.71% APYReview
Blue Federal Credit Union Money Market 4.70% APYReview
CIT Bank Platinum Savings4.70% APYReview
Mission Valley Bank High Yield Savings4.70% APYReview
Upgrade Premier Savings4.69% APYReview
CloudBank 24/7 High Yield Savings 4.65% APYReview
Grand Bank Money Market 4.57% APYReview
Harborstone Credit Union Money Market 4.55% APYReview
Customers Bank High Yield Savings4.51% APYReview
SoFi Checking and Savings Account4.50% APY + $325 Bonus
Review
Liberty Savings Bank Savings4.50% APYReview
mph.bank Money Market4.50% APYReview
Betterment Cash Reserve4.50% APYReview
Quontic Bank High Yield Savings 4.50% APYReview
Rising Bank High Yield Savings4.50% APYReview
Continental Bank High Yield Savings 4.41% APYReview
CIT Bank Savings Connect4.35% APYReview
Live Oak Bank Savings 4.30% APYReview
RBMAX High Yield Savings4.15% APYReview
American Express® High Yield Savings account
Member FDIC		4.10% Annual Percentage Yield
as of 10/2/24		Review
Discover Bank Online Savings 4.10% APY
Review
Discover Money MarketUp to 3.95% APYReview

How To Earn Ally Bank Rate

  1. Open a new Ally Bank Money Market account
  2. Deposit your money into your new account
  3. Earn a high rate of 4.00% APY on all balances

Why You Should Sign Up for this Account:

  • No monthly maintenance fees
  • Unlimited deposits and ATM withdrawals, and up to 6 additional transactions
  • Earn a higher rate than most money market accounts
  • Deposit checks remotely with Ally eCheck Deposit?
  • Your deposits are insured by the FDIC up to the maximum allowed by law.
  • Protect your legacy. Open this account for a Trust. Learn more
  • EMV chip technology

Bottom Line

Sign up for Ally Bank’s Money Market Account today to earn this high rate APY. There is no monthly or other hidden fees to worry about.

Ally Bank prides itself on convenience and excellent customer service, so you can be sure that you will always be treated with respect. If you want to compare accounts, take a look at our complete table of the best bank rates from our complete list!

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Ally Bank Online Savings Review: $100 Bonus + 4.00% APY (Nationwide)

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Available nationwide, Ally Bank Online Savings is offering a $100 bonus + 4.00% APY Rate. Continue reading below to learn everything you need to know about Ally Bank. Update 10/4/24: The rate has decreased to 4.00% APY from 4.20%. There is currently a $100 bonus available through 12/31/24. For more competitive rates, we highly recommend our top choice savings ... Keep Reading↠

Ally Bank $100 Self-Directed Trading Bonus (Nationwide) – Ends 12/31/24

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Earn a $100 bonus when you open a new Ally Invest Self-Directed Trading account and complete qualifying activities. How to earn it: Enroll by 12/31/2024 and open a new Ally Invest Self-Directed Trading account within 30 days of enrollment. Transfer a minimum of $1,000 within 60 days of opening your account. Note: you can make multiple transfers to reach the ... Keep Reading↠

Ally Bank $100 Checking Bonus (Nationwide) – Ends 12/31/24

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Earn a $100 bonus when you open a new Ally Bank Spending account and complete qualifying activities. How to earn it: Enroll by 12/31/2024 and open a new, eligible Ally Bank Spending Account within 30 days of enrollment and fund within 30 days of opening your new account. Set up and receive a qualifying direct deposit within 60 days of account opening. ... Keep Reading↠

MyPoints: Earn 22,000 Points w/ Ally Bank Spending Account Sign-Up

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Find the latest Ally Bank promotions at MyPoints here. Update 5/17/24: Offer still available. If you're looking to open an account with Ally, here's an opportunity to earn 22,000 bonus points! Open an Ally Bank® Spending Account and enjoy the simplicity you expect from a checking account, along with more benefits like earning interest on your money! Save even ... Keep Reading↠

Ally Bank Credit Card Bonuses 2024

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We have put together a summarized list of the latest promotions and offers for the current Ally Bank credit card bonuses and promotions. Update 5/6/24: We've updated our list with the latest Ally Bank credit card offers for both personal and business. For more, see our list of the latest promotions from Ally Bank. Ally Bank Credit Card ... Keep Reading↠

Ally Bank CD Rates: 4.55% APY 14-Month Term (Nationwide)

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Find the latest Ally Bank CD Rates, Offers, and Promotions here. Update 4/17/24: The 14 month term rate has decreased to 4.55% APY (from 4.65%). While it is a decent rate, you can earn a much higher rate from institutions like Rising Bank, Western Alliance Bank, and Ponce Bank. Best CD Rates: 4.55% APY 14-Month Term, No Minimum Availability: ... Keep Reading↠

Swagbucks: Earn 15,000 Bonus SB w/ Ally Bank Spending Account Sign Up

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Find Ally Bank promotions & offers on Swagbucks. Whether it's banking, investing, home loans or auto finance, nothing stops Ally Bank from doing right by you. Ally. Do It Right. Editor's Note:  If you don't have a SwagBucks account, sign up today with our referral link and earn a $10 bonus! Earn 15,000 Bonus SB w/ Ally Bank Spending Account Sign ... Keep Reading↠

Ally Bank $500 Home Loan Bonus (Targeted) – Ends 4/17/23

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You can earn a $500 cash bonus when you buy or refi with Ally Home Loans. To qualify for the bonus, simply Enroll by submitting your email address and unique offer code. Submit a new home purchase or refinance application or obtain a purchase preapproval between 2/23/2023 and 4/17/2023 using the email address you submit. Close a new or refinance loan ... Keep Reading↠

Ally Bank Review: Best Account For You

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Ally Bank is an online bank with competitive interest rates compared to other online banks and higher rates than most brick and mortar ones. The products they offer have no minimum balance requirements or service fees. Because it doesn't have to put money into physical branches, Ally is able to offer better rates and fees than traditional brick-and-mortar banks and ... Keep Reading↠

What Are Ally Bank’s Hours?

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As technology improves, it trickles down to everything we do in our daily lives. That includes banking and all things related to it. Ally Bank is one of those banks that an entirely online bank and auto finance company. Today they have nearly 8,700 employees throughout the U.S. with no branch locations. For more information on Ally Bank's hours, continue reading ... Keep Reading↠

Ally Bank CD Promotion: 2.35% APY 12-Month CD Rate Increased (Nationwide)

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Available to all residents across the nation, Ally Bank has wide array of products to meet your individual needs. They currently offer standard CD rates from 3-months to 60-months with 0.75% to 2.50% APY Rates. By joining Ally Bank and opening a CD account, you get to enjoy earning higher interest rate than regular savings account. All you need is $5,000 to ... Keep Reading↠

Ally Bank No Penalty CD Promotion: 2.25% APY 11-Month CD Rate Increased (Nationwide)

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If you are a resident nationwide and currently looking for great savings rates, then make sure you keep reading. Ally Bank has wide array of products to meet your individual needs. They are proud to be a financial institution that is big enough to serve all your financial needs, yet small enough to care about how those needs are met. They currently offer a wide ... Keep Reading↠

Ally Bank Online Savings Promotion: Up To $1,000 Deposit Bonus (Nationwide)

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Ally Bank is offering residents across the nation a $1,000 bonus when you open a Online Savings account by October 21, 2018. To get started, fund your account with up to $100,000 by October 31, 2018 and maintain it until January 15, 2019. Once you have maintained the balance, you will receive a 1% Back Bonus by February 15, 2019 with bonuses up to $1,000. Once ... Keep Reading↠

Ally Bank CD Accounts Review: 11 Month Term Up to 1.75% APY Rate

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Ever heard of Ally Bank? It's one of the largest internet banks and features a load of benefits for its members such as competitive rates, grow your money faster with interest compounded daily, Ally Ten Day Best Rate Guarantee, deposits insured by the FDIC, and trust accounts. Right now you can sign up for their no penalty CD with up to 1.75% APY. The 11 month CD ... Keep Reading↠

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Editorial Disclosure: Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.