Save money and be informed. CreditDonkey is a bank comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†

Ally Bank vs Chime

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

 Ally BankChime
 Learn MoreVisit Site
 

Ally Bank

Chime

SPECIAL OFFER
Online Savings Account - 0.50% APY - Learn More

Read Ally Bank Review

SPECIAL OFFER
Get Started - Learn More

Read Chime Review

 

Benefits and Features

Savings
0.50% APY
0.50% Annual Percentage Yield (APY). The Annual Percentage Yield ("APY") for the Chime Savings Account is variable and may change at any time. The disclosed APY is effective as of November 1, 2021. No minimum balance required. Must have $0.01 in savings to earn interest.
CD0.15% to 0.80% APY. Terms of 3 months to 5 years. 12-month CD APY of 0.55% 
Checking
  • 0.10% APY under $15,000
  • 0.25% APY $15,000 or more
 
Money Market
0.50% APY
 
Customer Service
24/7
 
Mobile App 
Yes
ATMsOver 43,000 no-fee Allpoint ATMs 
Locations
Online Only
 
 

CreditDonkey® Reviews

 Ally BankChime
SavingsStarStarStarStarEmpty StarStarStarStarStarStar
CheckingStarStarStarStarEmpty StarStarStarStarStarStar
Money MarketStarStarStarStarEmpty Star
Customer ServiceStarStarStarStarStarStarStarStarEmpty StarEmpty Star
Mobile AppStarStarStarStarStarStarStarStarStarStar
Pros & ConsPros:
  • CD options
  • No account minimums
  • Good customer service
Cons:
  • Low Checking APY for lower balance customers
Pros:
  • No account fees
  • Get paycheck 2 days early
  • Up to $200 overdraft coverage
Cons:
  • Hard to deposit cash
Bottom LineSolid online bank with a great user-friendly website and customer service... Read full review Read full review
 Learn MoreVisit Site

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 11/27/2021.

Chime: Chime is a financial technology company. Banking services provided by The Bancorp Bank or Stride Bank, N.A., Members FDIC.

Chime

Free Mobile Checking

  • $0 opening deposit
  • No monthly service fee
  • No balance requirements
  • 60,000+ fee-free ATMs
  • Get direct deposit 2 days early
  • No foreign transaction fees

Which is Better: Ally Bank or Chime?

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 Chase.

In short: Ally Bank's customer service is outstanding. Chime's savings and checking are excellent.


Articles on Ally Bank

Ally Bank Review

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 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 Chime

Chime

Chime has no monthly fees, so what's the catch with the app? Find out how you can get paid two days early and grow your savings.

Chime Alternatives

Chime offers a convenient and rewarding banking option. But can you earn better rewards and get more account options with one of Chime's top competitors?

Which Do You Think is Best?


You Might Also Like

Current Review
Current

Current Review

Current offers banking features like savings, and debit card options — but is it legit? Find out the pros, cons, and how it compares to Chime.

Capital One Bank Hours

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

Free Online Checking Account

Say goodbye to service fees. Many online banks offer free checking with no minimum balance requirements. Read on for the best free online checking accounts.
Best Free Checking Accounts

Best Free Checking Accounts

Banking doesn't have to be expensive. Here is a list of good free checking accounts without outrageous fees or high balance requirements.
Aspiration Review: Account Good for You?
Aspiration

Aspiration Review: Account Good for You?

Aspiration offers socially-responsible banking services and investment products with a unique "Pay What Is Fair" approach. Is it too good to be true? Read on.

Next Page:

About CreditDonkey
CreditDonkey is a bank comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

About Us | Reviews | Deals | Tips | Privacy | Do Not Sell My Info | Terms | Contact Us
(888) 483-4925 | 680 East Colorado Blvd, 2nd Floor | Pasadena, CA 91101
© 2021 CreditDonkey Inc. All Rights Reserved.