The Ally high-yield savings account offers a competitive APY with no minimum opening deposit

  Ally’s online high-yield savings account is known for its competitive APY, ease of use, and affordability. The account is ideal for people who don’t mind doing all their banking online and who want to open their savings and checking accounts at the same institution. Ally doesn’t charge monthly service fees, and it doesn’t require an opening deposit or a minimum account balance. You may find a higher APY with another bank, but Ally is known for consistently providing competitive rates even when the federal funds rate decreases. See Business Insider’s picks for the best high-yield savings

Leave a Reply