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Chase vs Ally Bank
Chase is a national bank with good promotions for new customers. How does it compare to Ally Bank? Read our comparison chart below.
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.
While 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.
Compare Chase with Ally Bank, side-by-side. Read on for an in-depth look, including ratings and reviews.
Chase Savings: 0.01% APY. $5 monthly service fee waived with either a $300 daily balance OR $25 automatic transfer every month from a linked Chase checking account, OR a linked Chase College Checking for Overdraft Protection, OR a linked qualifying 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.
3.50% APY
CD
Terms of 1 month to 10 years. $1,000 minimum opening deposit. No monthly service fee.
3.00% to 3.90% APY. Terms of 3 months to 5 years. 12-month CD APY of 3.85%
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 $150,000 on deposit with Chase.
0.10% APY for daily balances less than $15,000. 0.25% APY for daily balances over $15,000
Money Market
3.50% APY
Mobile App
iOS & Android
iOS & Android
ATMs
15,000+ Chase ATMs
75,000+ no-fee Allpoint and MoneyPass ATMs
Customer Service
Automated service available 24/7
24/7
Locations
Over 4,700
Online only
CreditDonkey® Reviews
Savings
CD
Checking
Mobile App
Customer Service
Pros & Cons
Pros:
More than 4,700 branches
New customer coupons
Full service banking
Cons:
Low savings rates
Not in all states
Bottom Line
National bank with good promotions for new customers... Read full review
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Chase: Pricing information and data points from published website as of 08/26/2025.
Ally Bank: Pricing information from published website as of 09/08/2025.
Which is Better: Chase or Ally Bank?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Chase or Bank of America.
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