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Savings · USA

Ally Bank

High Yield Savings Account

3.80% AER · fixed rate
Min. Deposit
No minimum
Term
1 year
Protection
FDIC & NCUA

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What $25,000.00 Earns You

At 3.80% AER over 1 year. Take the interest once a year, or leave it in to compound.

You Deposit $25,000.00
Paid Once a Year $950.00
Total Interest $950.00
Balance at the End $25,950.00

Each $950.00 interest payment is paid to you directly, and $950.00 is what they add up to over the term. The figure at the end is your initial investment of $25,000.00 paid back plus your final interest payment.

Where You Stand

FDIC & NCUA

Covered up to $250,000.00 per person if Ally Bank fails.

Product Details

Type
Savings
Term
1 year
How Interest Is Paid
Once a year Left to compound
Min. Deposit
No minimum
Protection
FDIC & NCUA
Coverage
$250,000.00
Region
USA

Eligibility & Details

  • FDIC-insured.
  • No minimum balance.
  • No fees.
  • 24/7 customer support.
  • Bucket savings tools included.

Happy Saver is a comparison site, not a financial adviser. Figures use a $25,000.00 example at 3.80% over 1 year, compounded annually where shown. Confirm all terms with Ally Bank before you commit.