Ally vs. SoFi: A Comparison of Account Options and APYs
Ally and SoFi are online-only banks that offer higher APYs than traditional banks, with no account fees or minimums.
SoFi leads with higher APYs, while Ally offers CD options, making them both strong contenders in the online banking market.
Key Features
- No account fees or minimums
- Nationwide ATM access
- Above-average APYs on savings and checking accounts
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This article has undergone a comprehensive fact-checking process to ensure accuracy and reliability.
Author's summary: Ally and SoFi offer competitive APYs and account options.
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