Grade: B+

Background:

Ally Bank was built on a simple premise: you should expect more from your bank. We are an online bank dedicated to helping our customers save more by offering CD’s, Money Market, Savings and Checking accounts with some of the most competitive rates in the country and no monthly fees to eat away at earnings. Plus, if you have questions, you can reach a live customer service representative in our North American call centers 24/7.

Consensus:

Ally Bank advertises its “fair practices” as its largest primary selling point. Ally Bank scores high for customer service, low fees and a user friendly website. However, their lack of phisical branches can cause trouble for many members. The bank’s policy for reimbursement of all ATM fees is a benefit that most national chains cannot compete with.

The Power of Credit

Before you open your account, learn your credit score and ensure you get the best rates possible. Totally free.

Leave a comment

11 Things You Should Know Before You Get Your First Credit Card

A credit card may seem like just another tool to help you make purchases, but it can be much more. When used responsibly, a credit card can help you build

What Is a Balance Transfer, and Should I Consider Doing One?

In a perfect world, no one would carry a balance on their credit card. We would all pay our bills in full each month and never have to worry about

How Is Credit Card Interest Calculated?

So your bank tells you that your credit card has a 15% APR. What does that actually mean? How does your bank calculate your interest rate, and how does that translate into how much you actually pay? …

What Is a Balance Transfer, and Should I Consider Doing One?

In a perfect world, no one would carry a balance on their credit card. We would all pay our bills in full each month and never have to worry about

Subscribe to our e-mail list and stay up-to-date with all our news.

The US Bank Review is an independent authority and bank watchdog group monitoring financial institutions operating the in United States. We have no affiliation with any banks featured, reviewed or profiled. All rights reserved. Terms of use and Privacy Policy