Ally Bank 2% APY Online Savings Account

Ally Bank, which is the rebranded GMAC Bank, is offering a 2% APY online savings account with no minimum balances and no monthly fees. You may have seen some of their commercials on television recently as they’re making a big push to rebrand themselves.

One feature that Ally Bank is offering over other online savings accounts is 24/7 phone support and they even show you the wait time online. This is a pretty great feature if it works correctly.

I posted earlier on Ally Bank’s 1.85% no penalty 9 month CD. They’re also offering a 2.30% APY 1 year certificate of deposit. There’s no minimum deposit on their certificates of deposit which is unheard of for CDs. Although I don’t see the point in getting a CD with less than $1,000.

Ally Bank has a 3 out of 5 star soundness rating from bankrate and is FDIC insured.

Related posts:

1. American Express Bank 2% APY Online Savings Account
2. Discover Bank 2% Online Savings Account
3. First Trade Union Bank 3.25% Online Savings Account
4. Redneck Bank 3.1% Online Savings Account
5. Bank of American Fork 2.20% Online Savings Account
6. Newtown Savings Bank 2.30% APY Online Savings Account
7. Provident NJ Direct 3.25% Online Savings Account

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