Ally vs. SoFi: More Account Options or Higher APYs
Ally and SoFi are online-only banks offering higher APYs than traditional banks, with no account fees or minimums.
Key Features
- Higher APYs with SoFi
- CD options with Ally
- Nationwide ATM access
- No account fees or minimums
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Both Ally and SoFi offer APYs on savings and checking accounts, with access to thousands of fee-free ATMs nationwide, including over 55,000 ATMs within the Allpoint network.
Author's summary: Ally and SoFi offer competitive APYs and services.