Earn 1.9% and up to a $1K Bonus with an Ally Bank Savings Account
Ally Bank has a great offer for new and existing customers that could earn you a solid rate and also a bonus of up to $1K.
The Offer
It’s payback time. Move your money to Ally Bank and get 1% back, up to $1,000 (with $100K deposit). Must move at least $1,000 to participate in offer.
You will receive a one time cash bonus by 2/15/19.
Key Terms
- Offer Available for new and existing customers.
- Move money from your bank to a new or existing eligible Ally Bank account by 10/31/18.
- The amount you deposited needs to remain in an eligible Ally Bank account through 1/15/2019.
Conclusion
A very good offer from Ally Bank. If you deposit the maximum allowed of $100K, you will get a bonus of 1% which amounts to $1K. You’re earning that in just 3 months, which is a 4% return. And that’s on top of the interest rate you would normally earn from their accounts. They offer 1.9% APY for Savings accounts, which is already a solid offer.
Both new and existing customers are eligible.
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I’m going to move funds over and deposit it in a CD at 2.10% ($25k+).
Given how consumer friendly Ally is I’m definitely jumping into a 6%+ opportunity even if it’s only for 4 months.
Good point. CDs are also an option for even better rates.
Thx – just added to an existing acct.
Can you open a checking account owned by a trust at Ally?
I’m not sure.
nice find – thanks!