Should You Open an Account with Ally Bank? | NerdWallet

Best Savings Accounts: https://www.nerdwallet.com/m/banking/... Tempted by Ally Bank’s APY and trying to decide if it is worth the hype? Tired of navigating the various new online savings accounts that seem to be popping up overnight? We have you covered. In this video, Ryan Scribner walks through Ally Bank, breaking down the Savings Tools, CD options, and more to help you decide whether that APY is really worth the hype. Disclaimer: The speaker shown in this video is a NerdWallet employee and is a part of the Editorial team. Opinions expressed here are NerdWallet's alone, not those of any bank, credit card issuer, airline, or hotel chain. Chapters: 0:00 - Intro 1:31 - Ally options 2:51 - Smart savings tools 4:38 - CDs 5:51 - Checking account 7:05 - Deposit options 8:03 - Pros of Ally Bank 8:19 - Cons of Ally Bank 9:15 - Wrap up Recommended Resources: Ally Bank Review: https://www.nerdwallet.com/reviews/ba... SoFi Review: https://www.nerdwallet.com/reviews/ba... Capital One Bank Review: https://www.nerdwallet.com/reviews/ba... #NerdWallet #onlinebanking #Savings #bankingapp #finance #banking Subscribe to NerdWallet - https://bit.ly/3wGvVf3 About NerdWallet: We’re NerdWallet. And we’re not your typical finance company. We believe that everyone should be able to make financial decisions with confidence. We’ve built a team of Nerds with the knowledge, passion, and skills to make that happen. Thanks to our Nerdy experts, see side-by-side comparisons and objective reviews of the best credit cards, bank accounts, and so much more — so you can get even more financial clarity. It’s the smartest decision for all your financial decisions. Disclaimer: This video is for informational and educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks or securities. Any comments posted under NerdWallet's official account videos are not reviewed or endorsed by NerdWallet or representatives of financial institutions affiliated with the reviewed products unless explicitly stated otherwise. Avoid disclosing personal or sensitive information such as bank accounts or phone numbers. NerdWallet employees do not offer personalized financial advice and will not respond to posts here. Connect with NerdWallet: Follow NerdWallet on TikTok:   / nerdwallet   Follow NerdWallet on Instagram:   / nerdwallet   Follow NerdWallet on Twitter:   / nerdwallet   Follow NerdWallet on Facebook:   / nerdwallet   NerdWallet Website: https://nerdwallet.com