Ally Bank – Online Savings Account

Minimum deposit to open: $0

Product Info:

  • Open with $0
  • No minimum balance
  • No monthly fees
  • Check card and first 50 checks are free
  • No ATM fees – if another bank's ATM charges you a fee, we will refund the first four, up to $6 per month
  • Daily compounded interest for maximum earnings
  • FDIC insured Maximize your coverage
  • Six withdrawals and transfers per statement cycle
  • Your actual variable rate will go into effect when you make your opening deposit
To find out more, visit Ally Bank's website.
Current Rates
Min Deposit Max Deposit APY
$1 — 0.84 %
Rates last updated: 2/8/2012

Online Savings Account Rate History

Savings Rates ($1 and up)

Product Fees

Fees
Each withdrawal or transfer exceeding six per statement cycle: $10.00
Returned deposit item: $7.50
Non-sufficient funds: $20.00

Services
Cashier's check: $10.00
Check printing – first 50 are free: (Varies by style)
Domestic outgoing wire: $20.00
International outgoing wire: $45.00
Paper check copy, front and back: $5.00
Additional copies of your paper statement: $2.00/page
(Remember, it's free to see your statement online)
Stop payment: $15.00

Latest Rate Updates

Online Savings Account ($1 and up)
0.89% ⇒ 0.84%
1/12/12
Online Savings Account ($1 and up)
0.84% ⇒ 0.89%
11/19/11
Online Savings Account ($1 and up)
0.89% ⇒ 0.84%
11/18/11