ally bank

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This topic contains 5 replies, has 0 voices, and was last updated by  jissy 3 years, 9 months ago.

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  • #605854

    jissy
    Participant

    Does anyone have an account or experience with ally Bank? After just reviewing my money market and savings accounts and the insanely low interest rates, I need to do something different. ally bank seems to have the best rates but with things mainly being online only I need some more information, makes me a little nervous.

    THANK YOU!

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    #779409

    Sonoma
    Participant

    I just have CDs with Ally, but I’ve been very happy with them. I can call them anytime if I need to, and they’re always friendly and helpful. CD rates are lousy everywhere (while bankers continue to rake in $$$$$), but Ally usually ranks near or at the top for rates.

    #779410

    DBP
    Member

    I have an account with Ally and they’re at least as good as regular banks in terms of phone service. Their rates are slightly better than others because they don’t have to maintain bank branches. Seems like they do send out a lot of unnecessary mail, though. Stuff like privacy policy updates . . .

    They were once owned by GMAC and received some $17 billion in federal bailout money. As of 2011, the US Treasury was a majority owner. Don’t know if that’s still true.

    #779411

    dobro
    Participant

    4 letters-BECU

    #779412

    jissy
    Participant

    No thanks, Dobro – ally’s rates WAY beat BECU…. the 6.17% interest rate on the home page is only for your first $500, then it drops to 0.10%.

    #779413

    jissy
    Participant

    BUMP — anyone else??

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