What APY Does Ally Bank Pay on Savings in 2026?
Updated July 3, 2026. Reviewed July 3, 2026. Rates verified from each bank.
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| Feature | Details |
|---|---|
| Savings APY | 3.80% |
| Monthly Fee | $0 |
| Minimum Deposit | $0 |
| Compound Frequency | daily |
| FDIC Insured | Yes — Certificate #57803 |
| Withdrawal Limit | Unlimited |
| BanksYouPick Score | 9.2/10 |
Who is Ally Bank best for?
Ally Bank is best for savers who want a full-service online banking relationship with checking, savings, CDs, investing, and mortgage — all in one platform. Ally's savings buckets feature allows organizing funds by goal (emergency fund, vacation, car) within a single account. Ally offers unlimited withdrawals with no Regulation D cap, which gives it a liquidity advantage over banks that limit withdrawals to 6 per month. BanksYouPick rates Ally at 9.2/10 for its combination of competitive APY, zero fees, and comprehensive banking features.
How has this bank's savings APY changed over time?
| Month | APY | Change |
|---|---|---|
| Dec 2025 | 4.25% | — |
| Jan 2026 | 4.20% | -5 bps |
| Feb 2026 | 4.10% | -10 bps |
| Mar 2026 | 4.00% | -10 bps |
| Apr 2026 | 3.90% | -10 bps |
| May 2026 | 3.85% | -5 bps |
| Jun 2026 | 3.80% | -5 bps |
Source: BanksYouPick proprietary daily rate tracking. Data verified from bank product pages.