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 competitive choices.
Key Features
- No account fees or minimums
- Nationwide ATM access
- Above-average APYs on savings and checking accounts
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Ally and SoFi offer a range of additional products, making them both viable options for those seeking online banking solutions.
Author's summary: Ally and SoFi offer competitive APYs and account options.
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