Sentences with phrase «ally bank money market»

Not exact matches

Ally Bank offers online savings, money market accounts, high - yield certificates of deposit, and interest checking.

Ally is also a great option if you prefer to have all your bank accounts in one location, since it offers savings accounts, CDs and money market accounts to expand your interest options.

Ally Bank, the company's direct banking subsidiary and member FDIC, offers an array of deposit products, including certificates of deposit, savings accounts, money market accounts, IRA deposit products and interest checking.

Ally's extensive list of other bank products makes it easy to link your money market account to an Ally checking account for automatic transfers or overdraft protection.

Just two days ago, I praised Ally Bank for offering very attractive rates for its products, including savings account, money market account, and CD, when the trend for interest rates is down in general.

Ally is a well - known online bank and besides savings accounts, it also offer a high - yield money market account.

Interest - bearing checking accounts, like money market and simple savings accounts, can be a way to earn interest on your money, but there are some key differences.In general, money market accounts like the one offered by Ally Bank pay a somewhat higher rate of interest than interest - bearing checking accounts.

Also remember that the Ally Bank CD early withdrawal penalty is only 2 months of interest, so if you break a 2.4 % CD at 4 months, you still will earn about 1.2 % APY, which is better than most savings or money market accounts.

You can set up direct deposit, get a debit card and checks with the money market account, pay your bills (no charge) and transfer money between Ally and your local bank.

Formally, GMAC Bank — Ally Banks «CD Rates, saving accounts, money market accounts and Jumbo CDs are all FDIC insured so our money is safe.

Still, Ally Bank's Money Market Account has some useful features.

Rates on Ally's checking, savings, CD and money market accounts are relatively high, but the bank is facing stiff competition from a growing list of rivals.

While Ally Bank's money market account has some useful features, you can easily find higher rates at other banks.

Ally Bank's money market account rate isn't the greatest rate you'll find out there by a long shot — you can easily find money market rates as high as 1.60 % APY elsewhere.