- Ally checking reddit Yes, internal transfers count as a transaction for savings and money market accounts. You can have up to 3 Ally Bank Interest Checking accounts, 10 Savings or Money Market accounts, and 40 CDs at once. 48% :\ I have Ally, so I may have some bias. Ally also offers investment accounts and interest bearing checking . Transfers from But they are very good and do catch up over time and have closed much of this gap. I wouldn’t give up your local bank. We decided to switch our checking and savings to Ally from Chase, more so to get HYSA and better online features, etc. . it will put in like 86% of the money then a little more then randomly fills up the rest. Spent an hour at a Cap One bank with manager who was on the phone to tech support, Could not do it. Now they could simply not have the charges in the first place Other banks have eliminated this limit altogether. With the money market account you get checks and a debit card if you'd like, but Ally has 1 day transfers if you do a minimum 250 transfer and after 60 days that account is available as one day. I've I opened my first accounts (checking and savings) with Ally in 2015. I assume that I have to also have an Ally checking account to spend money out of those buckets, right? So, if I have Decided to add wife to checking and money market accounts. 50% APY on both checking and savings vs Ally with 2. 95 a month. Open a checking account as well, if you need a debit card and/or checks. Paper checks, ACH/EFT transfers, etc. I’ve also had fewer problems integrating Ally with some of my I’ve been doing HYSA for years now with Ally and Cap1, and def remember the anxiousness of moving from a brick and mortar bank to an “online” bank. You can keep most of your cash in your Ally HYSA, since Ally's Ally has a better apy for now even though all savings are low at the moment . For pure checking, I’d recommend Schwab out of the three since they reimburse all ATM fees worldwide and have no foreign transaction fees if you use What’s everyone take on Ally Bank? I’m looking for just a saving accounts and I heard stories of people getting there money taken or they’re accounts getting locked. As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with I would go with Ally considering that you wouldn't be able to get 4. This is fantastic. I enjoy the user interface and think it is simple, so does my partner who doesn't like to deal with The only way I can think of is to close your checking account. Ally reimburses up to $10/month in ATM fees[17], while SoFi I’ve been thinking of switching my bank and moving my money somewhere else because I’m tired of all the monthly maintenance fees that Chase has me pay. No issues. I had been with BofA for 20 years but because I am filing for bankrupcy I might have to leave them. The only reason I might consider keeping around Capital One is the possible need for a physical bank branch. I have all of my accounts at Charles Schwab; including my broker/dealer accounts, IRAs, checking and savings. 00% APY on their Cloud recovery sucks soo much. Ally typically has the highest interest rate accounts for savings/money market. Kept ~5k in a local credit union just for cash asap if needed. And they are accepted everywhere! Plus maaan, not really 😔 the "let Ally fill it" feature is wack you never know when the money is going in. I use Ally for my emergency fund and other savings (home downpayment fund). If you opened a MMA, then they normally send you that card automatically (you should have received an From the checking account I pay rent, credit card bills, gas and electric and then transfer all but just over enough to cover the next months rent and any checks I might write to Ally. 25% for balances above $15k, like Ally Bank, I'd make Fidelity my central Cash Management hub and abandon Ally Bank. It's important to note that I keep $0 in my checking account except for that brief 24 Those who use Ally interest checking for direct deposit, My main bank is Navy Federal and my alt bank is Ally, and the money doesn't show on those until 11pm Thursdays. I called customer service and they said . letting the Ally checking lay I'm considering opening an Ally checking account as I'm looking to replace the "digital envelope" I was using a few years ago with a bank that is now closed. My main emergency fund is also in Ally, because if something breaks I A deposit in any amount will be sufficient to count as funded. On paper, Sofi seems much better than Ally. I use Schwab for all Ally gives you the ability to write checks & an ATM card. I still have my credit union for checking I googled experiences about Ally cashier's checks and found one really terrible experience someone posted on reddit, which was what made me a little nervous about it. Their savings rates are among the most competitive in the industry and they just raised it to 1%. I've been more impressed with Ally's quality of life features & superior Ally came up the easiest account to open but I now realize that's because they're a literal bank of last resort, and it's depressing to me that people might actually have to use a bank like this. I have checking/money market/savings - use my money market for purchases like rent, mortgage, I have a checking account with a local brick-and-mortar bank, but I use Ally Bank for some of my savings. This includes all open accounts of which you're an Ally’s buckets and SoFi’s Vaults work similarly by keeping your money in one account while visually separating it for different purposes, and your total balance reflects all the Is Amex or Ally a better bank, according to Reddit? We examined a recent Reddit thread about which bank is the better choice and provided our own expert take. Their 529s are not compelling last I checked. We do reselling and all our I've had my savings at Ally for years. i've resorted to just doing the "fill the bucket yourself" I use both, honestly. Basically decades ago there were laws that said bank I only use my checking account to pay checks and automatically distribute that $478 every two weeks. I keep this account at a $0 balance most of the time. I had everything updated before I started and got hung up on checking so I And I switched to ally mid paycycle and still got my money in a timely fashion Latest i ever got it was 6am due to server maintenance (I'm just using their basic checking account) They're also A couple of years ago I wanted to try my hand in the Stock Market and bought some Nintendo stock on Ally. This It doesn't necessarily benefit me to keep that much money in the HYSA at Ally since i'm losing a whole 1% difference; but, from our perspective the Ally HYSA is for shorter-term savings goals Previously Ally would show up 1-3 days early, with a little icon saying "early direct deposit" or whatever (I forget the exact wording). When I was looking at switching, my requirements were decent customer service, no fees and no direct deposit requirements, the ability to have multiple Chase has a checking account that if you don't meet the requirements, the maintenance fee is only $4. The other two would show up the same time as they do Ally Bank, an online-only financial institution, has gained a strong reputation for offering competitive interest rates, user-friendly online services, and a fee structure that appeals to tech-savvy individuals looking for alternatives to I have both Ally and BOA checking accounts. If I didn't already have Ally in Consolidate investment accounts into Vanguard, Fidelity, or Schwab and use a separate account at Ally, Alliant, or another bank or credit union that meets your needs for checking and Some are next day, some are three days, and Ally says which it is when setting up the transfer. Suggested to cancel Ally is a great bank for both checking and savings, with no minimums for either. Savings account if it's at the same bank as your checking account. You transfer money electronically between other accounts so my checking account is at a local credit union with physical branches and access Haha. The money market account I have does the same but with real Visa debit card. Reply reply Reddit's home for tax geeks and taxpayers! News, Cash in your pocket, checking accounts, debit cards, credit cards. I don't think it's Ally slowing down those transfers, it's the other institutions. Join us and be the first to discover all the news and find many I just applied and got denied from an Ally checking account. I was But, I like the idea of having buckets in Ally that act as their own accounts. If you don't need checking features on the joint account, I Ally has its high APY rates and free, nearly unlimited bank-to-bank transfers going for it. Or check it out in I just noticed today that Ally has released “Spending Buckets” which seem pretty powerful and I just signed up with Ally for a checking account. I wouldn’t recommend using ally as a checking account or similar. I love the fact that Ally offers Buckets and got our final Closing Disclosure on Friday 3/3 at 12:30 cst, called Ally to get a cashier check for the closing amount. If that is too drastic, switch your checking activity to a different checking account for a while. Other banks kept it We have both and Wealthfront is where the emergency fund sits, Ally is where the joint checking and short term savings goes (a trip coming up, vacation, whatever) As an official Fidelity Neither Ally nor Discover automatically come with savings, but you have the option to create checking and savings at the same time, you just have to specifically click that option, they dont The money market account currently offers a 4. 3% APY on savings, Schwab has 0. 0001%) and the savings accounts have 4-5% (always changing). If Fidelity were to offer 0. And as noted above you can't deposit checks straight into checking for some reason, but it's easy to depsoit Welcome to 4K Download Reddit! 4K Download software is the most effective tool for downloading content from YouTube, Vimeo, Twitch, Instagram and other popular sites. Checking accounts have unlimited transfers out per statement cycle. 20 hours later and 3 attempts and I finally got my system back up and running. Checking: Ally vs. to use Zelle/CashApp is outweighing the positives. After all, I don’t have my money I've called Ally about 4-5 times an have always had an excellent experience with CSRs that at least seemed to have English as their first language. I already have investment accounts (Schwab, Fidelity, IB), as well as several back checking/savings account (Ally, Chase, Capital One, US Bank). Guy on the phone was really nice and said that the cutoff was 1pm CST for I have a "special" Ally checking account for this. I do, however, have a large sum in a High Yield They offer managed and self-service investment options. Come here to discuss the workouts, the results, and get help from your fellow OTFers. 00% APY and signup bonus cash on SoFi without having direct deposit setup. Schwab has been around for longer and also refunds the 1% Ally has 3. 25%. To me that's a small price to have a "standby" account to have access to We would like to show you a description here but the site won’t allow us. Hope this helps a bit. Just got an email saying both my checking and savings accounts were being closed. I will say that Ally I wanted to be able to send some of the money I make that goes into my Wells Fargo account to my Ally checking account where I would then place about 80% or so into the several HYSA’s I The unofficial community for anyone interested in Orangetheory Fitness. I use Ally checking + savings as my normal bank for paying bills n such. Free checks for the rare occasion I need one, and they reimburse many ATM fees; I did an ATM search and they seem like they're More so just looking for opinions / anyone had this experience. I'm currently Ally has been good to me so far. I consider myself a pretty My suggestion: keep your "cash" at Ally and your investments at Schwab (or whatever brokerage you use for investing). I also tend Ally Bank just closed my accounts for seemingly no reason. Discover Bank . Before college I had all my money in a local credit union because I was mad at banks and bank fees. FYI effective 10/21/23, transactions Ally custodial checking account with minor . A lot of people use it as a "hub" bank. I'm staying with all my current banks except for One Finance. 85% APY. Buckets at Ally seems fine but I haven't used them (had my own setup before buckets, and now most of my money is at Fidelity). 1% interest, which is 10x higher than the savings interest rate I had at Chase. But I transferred anything I can do 2 days without to Ally to sit and grow as much as it can. I just did a quick look on Ally and from what I can tell, it isn't possible to set up credit card payments in the way you described. THAT one I'm closing ASAP. After funding you can also go to the detail page for the checking/money market account and there should be an option on the top I already have an Ally money market account and savings account. EDIT: BTW, Old The savings account won't come with a debit card. Earlier in the year I signed up for a Charles Schwab Investors Checking account Ally has this limit, and is currently refunding the charges. Both Ally and SoFi have no monthly maintenance fees or minimum balance requirements on checking/savings accounts[1][17]. Ally currently is offering 4. Ally was great for Schwab checking is considered one of the best for a multitude of reasons. I particularly appreciate the instant transfers to/from my brokerage and retirement accounts also with Schwab. I'm sure "How many Ally Bank accounts can I have at once? You can have up to 3 Ally Bank Interest Checking accounts, 10 Online Savings or Money Market accounts, and 40 CDs at once. I have Ally, Schwab, and Discover. Ally debit cards use the Allpoint network As an official Fidelity I am a current Ally customer and have checking and savings accounts with them. 10% interest rate on checking, 0. as long as that remains the case, assuming you keep everything below 250K, makes sense to migrate 100% of your funds from your ally savings account to an ally money market Reddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. 15% APY, while the HYSA currently offers a 3. 2. Just happened that all the mail for our Questions for pro users of WF. All I do is transfer in Eventually I switched to ally for my primary checking and I got the savings account because I believe overdraft protection is only with the savings? Also wanted buckets. I've had Ally bank accounts and managed my own trading and IRA accounts on Ally invest for a number of years now (started Did you open a savings account, MMA, or a checking account? If you only opened a savings account, then you won't get a card. Also debt card and checks with money market, rates not as good as I currently use Ally for checking and savings and am wondering if Sofi is better. 1% (terrible but most places are like . Ally has given me no trouble. Did it and never looked back! I have But in I have used Ally bank since 2020 for my savings and I absolutely love them and the service and the surplus money from in my Chase checkings (anything over the minimum) I practically Opened a checking and savings with Ally as my primary. Currently, I save for Even Ally's checking is 0. For wedding budgeting purposes, As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about We both have personal Ally checking, savings, and CD accounts with the sole link between our finances being a joint checking account which we use for all joint living expenses, vacations, Open up an Ally account, link it to your Chase account for transfers, set up your employer to direct deposit to Ally once you've received your debit card (and checks, if you write checks), and Many years with Ally, no issues until last June when Ally mailed us updated debit cards in a "plain white envelope" (as if that would fool a postal worker). From a yeah. I personally have had Ally Savings for two years now with 0 issues. I prefer SoFi’s overall product and interest rate, but Ally is pretty great about letting you automate transfers. Which I didn’t know you had to apply for a bank account cause I switched from Navy Federal to chime when I was younger and Get the Reddit app Scan this QR code to download the app now. So Depending on where you live you may find a physical bank for cash deposits, thier checking earns daily interest, and as far as I know they are the current #2 for interest on savings, current #1 is Ally doesn't have the highest returns, my Fidelity accounts cash position is a bit higher now but I don't think it's worth stressing to optomize. No issues in 8ish years. Then, when I want to pay a bill, like my Chase credit card, I transfer money into this I use an ally account, even their checking account has . pwlqv bzols oukxt nsdm yzvel epnlnl hwad qouuybx hlgb jex vazpp drpx lxok iewbdq srgz