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Compare high-yield savings accounts

Ally Bank

Best for: Organizing savings by goal

3.10%

APY

$310

$10K earns / yr

As of · sources in Details

A family having a picnic on the grass under cherry trees in full blossom.

Pros

  • No fees or minimum
  • Savings buckets for goals
  • Checking and CDs at the same bank

Cons

  • No branches
  • Not the highest APY on this page

Who it fits

You like separating savings by goal

What reviewers say

Reviewers rate Ally's rates as competitive, with no monthly fees, no minimum deposit, a large ATM network and 24/7 support. The trade-off: online only, no branches.

Paraphrased from Bankrate, Ally Bank review.

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Details: full breakdown and sources

The numbers

APY
3.10%On all balance tiers. Ally lists its APY as accurate as of 10/14/2026.As of · source
Minimum
$0No minimum balance requirement.As of · source
Monthly fees
$0No monthly maintenance fees.As of · source

The breakdown

An online bank with savings, checking and CDs in one place, and savings "buckets" for separate goals.

Ally's savings account pays 3.10% APY on all balances, with no monthly maintenance fee and no minimum balance.

Ally is an online bank with checking, savings and CDs, so everything can live under one login. Its savings tools let you split money into buckets for different goals.

Review themes, point by point

  • Reviewers rate Ally's savings rates as competitive across its savings, money market and CD accounts.
  • No monthly fees and no minimum opening deposit.
  • Access to a large ATM network and 24/7 customer service.
  • It's online only, with no branches.

Reviews reflect each publisher's view on the day they wrote it.

All pros

  • No fees or minimum
  • Savings buckets for goals
  • Checking and CDs at the same bank
  • 24/7 support

All cons

  • No branches
  • Not the highest APY on this page

Might fit if

  • You like separating savings by goal
  • You want checking and savings at one online bank

Maybe look elsewhere if:

  • You want the highest rate above all else