Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I'm looking into an online savings account with a high interest rate. I'm looking into Capital One 360 and they have a .75% interest rate and Ally which has a .84% interest. I want to go with Ally because of the higher interest, but I've never heard of them before.
Ally Bank is the former GMAC Bank. I've been toying moving my ING Direct (now Capital One) checking account (0.85%) to them (because they used to offer 0.90%), but held back because their financial safety rating is poor (not that I'd lose money, but just would have to deal with the inconvenience if they really did go down, and then would be stuck having to move again), and now their interest rates have gone down so it really isn't worth it anymore.
I'm looking into an online savings account with a high interest rate. I'm looking into Capital One 360 and they have a .75% interest rate and Ally which has a .84% interest. I want to go with Ally because of the higher interest, but I've never heard of them before.
I've banked with Ally (was GMAC Bank) for years, with no problems. You can also look at Deposit Accounts to see what kind of rates are offered currently.
We use ING (now Capital One) and like them fine. We have brokerage accounts there, too, so we shuffle money back and forth between brokerage, savings, and checking accounts..............just like magic
hi guys so what's the latest with Ally online savings bank? it's healthy or it might go down?
in here Ally Bank Reviews and Rates they got good ratings, but seems like every online savings bank there got at least 3 stars overall. how reliable are those ratings?
also for reviews it got 2.5 stars out of 5....anyways as long as it's FDIC insured we don't need to worry about our money right? after that we worry about how good the bank's services are etc etc
Been with Ally bank for 3 years now. NO PROBLEMS! Love it.. have added a savings account to my checking this year. I was initially very hesitant to go with them as 3 years ago it was still fairly new, especially to me. But they have been great- I get direct deposit with them for work. Great! Interest is some of the highest for checking and savings right now...
Have Ally for over 3 years now...been pretty good so far. They're backed by FDIC so no worries about losing the $$, however if they did tank, it would be an inconvenience to reclaim your $$, as someone else mentioned.
We use ING (now Capital One) and like them fine. We have brokerage accounts there, too, so we shuffle money back and forth between brokerage, savings, and checking accounts..............just like magic
Good advice...have minimal cash in your bank account and keep what you want to be liquid in something like a muni bond portfolio. You will get a better return than you ever would in a savings account and can easily liquidate a few shares to raise cash when you need it.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
