Customers can deposit checks remotely through their phones and computers. Each checking account comes with free checks and a debit card.
Money market accounts
The Ally Money Market account offers a competitive interest rate. Unlike the savings account, free checks and a debit card are provided with the money market account.
Those www.americashpaydayloan.com/payday-loans-ri individuals looking to access an account through ATMs and who want to write checks might want to choose the Ally’s Money Market Account over its savings account.
Bank experience
However, retail bank customers can speak with a representative over the phone 24/7. Customers can also tell how long the phone wait will be on Ally’s website. They can also use the live chat feature online.
The Ally Bank mobile app has a high rating of 4.7 on iOS and a 4.1 rating on Google Play. Among the more interesting features on Ally’s mobile app is one that helps you get into the habit of saving. The app will analyze customers’ checking accounts and automatically move money into their savings when its algorithms deem it safe to do so.
About Ally
Ally Bank is an online bank that grew out of the banking division of General Motors Acceptance Corporation (GMAC), which was originally an auto financing company. In 2009, GMAC Bank was converted into Ally Bank.
Today, the bank offers consumers nationwide a wide range of products, including credit cards, home loans, money market accounts, investment products, certificates of deposit, checking accounts and savings accounts. The bank’s holding company, Ally Financial, is a leading financial services provider with headquarters in Detroit, Michigan. It serves millions of retail customers and thousands of automotive dealers.
Matthew Goldberg is a consumer banking reporter at Bankrate. He uses his banking and financial services experience to help readers with personal finance. Nearly his entire career has either been as a reporter or working in financial services, in banking and insurance. He’s been in financial services for more than a decade. His banking career includes being a banker in New York City. His reporting career includes working as a staff reporter at two daily newspapers. He earned his first newspaper bylines in 1998. His writing has been honored by both the Illinois Associated Press Editors Association and the Illinois Press Association. His writing has also been featured online on MSN, the Miami Herald, the Houston Chronicle, the Omaha World-Herald, The Kansas City Star, the Arizona Daily Star, and appeared in Sports Illustrated On Campus, The Atlanta Journal-Constitution, The Buffalo News and other publications. Matthew’s radio experience includes being a weekly panelist on the SportsWriter’s show on WGEM AM ESPN 1440 in Quincy, Illinois. He was also an occasional co-host and call-in guest on WGEM SportsCenter. He’s also been a guest on other stations throughout the country. Matthew is currently a member of the Board of Governors at the Society for Advancing Business Editing and Writing (SABEW), which is the world’s largest and oldest organization of business and financial journalists. He chairs the organization’s training committee and is on the finance committee. He has previously served on conference planning committees and has been a Best in Business contest judge for the organization. Matthew earned a bachelor’s degree at Illinois State University and an MBA at William Paterson University. Media mentions CNBC CNBC Acorns + CNBC WGN Radio 720 in Chicago 1080 KRLD Dallas-Fort Worth
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Ally Bank is a part of the Allpoint Network. That gives Ally Bank checking account customers access to more than 43,000 in-network ATMs. Ally also will reimburse up to $10 at the end of each statement cycle for fees charged at out-of-network ATMs.
