Open a New Savings Account

Because Ally Bank is strictly an online institution, it does not pay for overhead like brick-and-mortar banks, and it passes those savings on to its customers. It offers competitive rates on its savings accounts and 24/7 live support.
All Ally deposits are FDIC-insured up to $250,000 and come with free security software — Webroot Secure Anywhere — that you can use for up to three devices. Through this service, Ally guarantees you won’t be liable for any mobile or online transaction you didn’t make — as long as you report it no later than 60 days from when you get your statement.