Ally vs. SoFi: Comparing Account Options and APYs
Ally and SoFi are online-only banks offering higher APYs than traditional banks, with no account fees or minimums.
SoFi leads with higher APYs, while Ally offers CD options, making them both strong contenders.
Key Features
- No account fees or minimums
- Above-average APYs on savings and checking accounts
- Access to thousands of fee-free ATMs nationwide
We’ve partnered with Allpoint to provide you with ATM access at any of the 55,000+ ATMs within the Allpoint network.
Our fact-checking process ensures the accuracy of the information provided, verified against primary sources and experts in the field.
This comparison helps you decide which bank is right for you, considering their unique features and benefits.
Author's summary: Ally and SoFi offer competitive APYs and services.
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