Ally Bank vs Chase

Ally Bank is a solid online bank with a great user-friendly website and customer service. How does it compare to Chase? Read our comparison chart below.

Ally Bank offers high interest on their Savings account. It also offers interest checking and multiple CD options, including No Penalty and Raise Your Rate CDs. There is no minimum deposits or service fees for any of their banking products.

While Chase is one of the biggest banks in the nation with more than 4,700 branches and over 15,000 ATMs. They offer a variety of banking, loans and investing services.

Compare Ally Bank with Chase, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	Ally BankDiscover BankBank of AmericaCIT BankAxos BankCitibankUS BankFifth Third BankTD Bank	Member FDIC
	Learn More	Visit Site
	Ally Bank	Chase
	SPECIAL OFFER Online Savings Account - 4.25% APY - Learn More Read Ally Bank Review	SPECIAL OFFER Chase Bank $200 Bonus - Learn More Read Chase Review
	Benefits and Features
Savings	4.25% APY	Chase Savings: $5 monthly service fee waived with either a $300 daily balance OR $25 automatic transfer every month from a linked Chase checking account OR for owners under 18. $0 to open. Chase Premier Savings: Earn a higher interest rate when you have a bigger balance and meet certain relationship requirements when linked with a Chase Premier Plus Checking or Sapphire Checking account.
CD	3.00% to 5.15% APY. Terms of 3 months to 5 years. 12-month CD APY of 5.10%	Terms of 1 month to 10 years. $1,000 minimum opening deposit. No monthly service fee.
Checking	0.10% APY for daily balances less than $15,000. 0.25% APY for daily balances over $15,000	Chase Total Checking® Chase Premier Plus Checking: An interest-bearing account with some perks. $25 monthly service waived with an average beginning day balance of $15,000 OR a Chase mortgage with auto pay. $0 minimum balance to open. Chase Sapphire Checking: A premium checking account for those with $75,000 or more on deposit with Chase. $0 minimum balance to open. Chase College Checking: No monthly service fee for college students age 17-24 at account opening with proof of student status, for up to 5 years. $0 to open. Chase Private Client Checking: For high net worth individuals who have $250,000 on deposit with Chase.
Money Market	4.40% APY
Customer Service	24/7
Mobile App	iOS & Android
ATMs	Over 43,000 no-fee Allpoint ATMs	15,000+ Chase ATMs
Locations	Online Only	Over 4,700
	CreditDonkey® Reviews
Savings
Checking
Money Market
Customer Service
Mobile App
CD
Pros & Cons	Pros: CD options No account minimums Good customer service Cons: Low Checking APY for lower balance customers	Pros: More than 4,700 branches New customer coupons Full service banking Cons: Low interest rates Not in all states
Bottom Line	Solid online bank with a great user-friendly website and customer service... Read full review	National bank with good promotions for new customers... Read full review
	Learn More	Visit Site
	Online Savings Account - 4.25% APY Money Market - 4.40% APY Interest Checking	Chase Bank $200 Bonus Chase Bank $100 Bonus Chase Business $300 Bonus
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Ally Bank: Pricing information from published website as of 11/25/2023. Chase: Pricing information and data points from published website as of 12/05/2023.

Member FDIC

Chase Total Checking® - $200 Bonus

Open an Account

Expires 1/24/2024

• New Chase checking customers enjoy a $200 bonus when you open a Chase Total Checking^® account with qualifying activities
• Access to more than 15,000 Chase ATMs and more than 4,700 branches
• Chase Mobile^® app - Manage your accounts, deposit checks, transfer money and more -- all from your device.
• JPMorgan Chase Bank, N.A. Member FDIC
• Open your account online now
• Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.
• Chase Overdraft Assist℠ - no overdraft fees if you're overdrawn by $50 or less at the end of the business day or if you're overdrawn by more than $50 and bring your account balance to overdrawn by $50 or less at the end of the next business day*

Member FDIC

Chase Secure Banking℠ - $100 Bonus

Get $100 Coupon

Expires 1/24/2024

• New Chase checking customers enjoy a $100 checking account bonus when you open a Chase Secure Banking℠ account with qualifying transactions. Open online or at any Chase branch.
• Set up direct deposit and you may get your money up to two business days early-exclusively for Chase Secure Banking℠ customers.
• No minimum deposit to open an account and get started plus no overdraft fees with a Chase debit card that helps you stay within your balance.
• Track your credit score, get a personalized action plan provided by Experian™ to help improve your score and receive identity monitoring for free through Chase Credit Journey^®.
• Chase Secure Banking℠ customers told us they save an average of $50 a month on fees after opening their account.
• JPMorgan Chase Bank, N.A. Member FDIC.
• Pay bills, cash checks and send or receive money with Zelle^® all for a $4.95 monthly service fee.
• Bank from anywhere with access to more than 15,000 Chase ATMs, more than 4,700 Chase branches, the Chase Mobile^® app and Chase.com.

Member FDIC

Chase Business Complete Banking® - $300 Bonus

Get Coupon

Expires 1/18/2024

• Earn $300 when you open a new Chase Business Complete Checking^® account. For new Chase business checking customers with qualifying activities.
• Multiple ways to waive the Monthly Service Fee, including maintaining a minimum daily balance or purchases on your Chase Ink^® Business credit card.
• Full-service business banking. Convenient access to all your business banking services in one place -- lending, checking, credit card and payment solutions.
• Your choice of payment types. Choose from a full range of options for accepting payments and making deposits that include Zelle^®, Online Bill Pay, wire transfers and ACH payments.
• Convenient access to payment processing. Process all major debit and credit cards with QuickAccept^®. It's a built-in feature with your Business Complete Checking account.
• Helping you save money. Multiple ways to waive service fees and unlimited digital transactions helps you keep more of your money.
• Full-featured banking online and on-the-go. Manage your business' finances on your terms with the latest online and mobile banking technology.
• Trusted and secure financial partner. We're committed to helping you grow and protect your business.

Which is Better: Ally Bank or Chase?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Ally Bank or Bank of America.

In short: Ally Bank's savings and customer service are worth mentioning. In particular, the customer service is outstanding.

Articles on Ally Bank

Ally Bank

Ally Bank offers good interest rates and no account minimums. But is this popular online bank good for you? Learn the benefits (and drawbacks) here.

• Ally Bank vs Discover Bank
• Ally Bank vs Bank of America
• Ally Bank vs CIT Bank

Ally High Yield Savings

Ally Savings offers a strong APY and various savings tools to help you boost your funds. Read on to find out more.

• Ally Bank vs Axos Bank

Ally Bank Problems

Ally Bank is well-known for having attractive APYs and practically no fees. But, what's the catch? Read on to know what nuisances you may encounter.

Ally Money Market vs Savings

Ally's Money Market and Savings accounts boast high APYs with no hidden fees. But, how do they differ? Read on to find out.

Ally Bank CD Rates

Ally Bank CD accounts offer high APYs and require no minimum deposit. But what is the catch? Learn more about Ally CD rates in this review.

Ally Bank Routing Number

Looking to transfer money in or out of your Ally account? You'll need the right routing number. Find your Ally routing number and learn more about money transfers in our guide.

Articles on Chase

Chase Bank Review

Chase has new customer bonuses and a strong nationwide presence. But there are drawbacks. Read this review to see if Chase is a good bank for you.

• Chase vs Wells Fargo
• Chase vs Citibank
• Chase vs US Bank

Open Chase Account

Opening an account with Chase Bank is simple. Take a look at what you'll need and check out your account options in our guide.

• Chase vs PNC Bank
• Chase vs USAA Bank
• Chase vs Fifth Third Bank

Chase Bank Offers

What promotions does Chase have right now? Find out how much you can earn and how to qualify for the latest Chase bank promotions.

• Chase vs TD Bank
• Chase vs Capital One

Chase Total Checking Bonus

Chase Total Checking is offering $200 for opening a new account. Find out how to qualify for the bonus below.

Chase Business Checking Promotion

Chase Business Complete Banking offers a $300 bonus for new customers with qualifying activities. Find out how to get this limited business checking promotion.

Chase Business Complete Banking Review

Is Chase Business Complete Banking the right choice for you? Here are the benefits and fees you need to know.

Chase Secure Banking Coupon

Earn $100 when you open a Chase Secure Banking℠ with qualifying activities. Here's how to grab the special offer.

How to Open a Chase Business Bank Account

Opening a Chase business banking account is easy. Check out what you'll need and your business checking options in this guide.

Chase Routing Number

What is Chase Bank's routing number? It depends on the state. Find the correct routing number for your Chase account (even without a check).

Which Do You Think is Best?

You Might Also Like

How Long Does It Take to Open a Bank Account

Opening an account can be done in minutes at most banks. So, make sure your requirements are ready to avoid delays. Read on for more details.

Best Savings Accounts for College Students

Kickstart your savings journey as a student. Discover the best savings accounts with high APYs to give your savings a boost.

Largest Banks in the US

A list of the largest banks in the US was released. Which banks came out on top? Read on to find out, plus the benefits of working with a big bank.

Best Joint Checking Accounts

Explore an expert review of the top joint checking accounts for your needs: married couples, unmarried couples, parents-teens, and businesses.

Best Banks in Texas

Looking for the right bank in Texas? Don't miss this helpful guide to the best banks in the Lone Star State. Read on to see which is right for you.

Crypto Friendly Banks

Curious about which banks are crypto-friendly and which are not? Keep reading to learn which banks are open to a future on the blockchain.

Capital One Bank Hours

Capital One Bank is open 6 days a week. Take a look at their operating hours.

Best National Bank

There are over 5,000 FDIC-insured banks in America. How do you choose a good national bank to keep your money safe?

4 Types of Checking Accounts

The right checking account can help you manage your money better. But there are many options. Find out which checking account is best for you.

Best Student Checking Accounts

A student checking account allows you to manage your money with fewer fees and requirements. Find the best student checking accounts offered by the top banks.