Ally vs. SoFi: Comparison of Account Options and APYs
Ally and SoFi are online-only banks offering higher APYs than traditional banks, with no account fees or minimums.
SoFi leads with higher APYs, while Ally offers CD options, making them both viable choices for customers.
- Both banks offer APYs on savings and checking accounts.
- They provide access to thousands of fee-free ATMs nationwide.
- SoFi has higher rates and more deposit options.
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This article was fact-checked by professionals against primary sources and experts.
Author's summary: Ally and SoFi offer competitive APYs and services.