The bank has strong offerings across all types of accounts, unlike some of its competitors that lack checking accounts or certificates of deposit. In 2025, NerdWallet selected Ally as the best ...

Read our Ally Bank review. Charging a monthly fee for a checking account and requiring a minimum deposit used to be standard practice for most banks, and many large banks still do. But an ...

the Ally Bank Spending Account. Functioning like a typical checking account, this online account makes it easy to track and manage deposits and spending without fees or complicated account features.

Ally Bank is a Member FDIC. *New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at ...

That’s the case with the Ally Bank Spending Account account, the only checking product offered by this bank. Customers pay $0 in monthly fees, and there’s no minimum deposit to open the account.