RateAPY

Ally Bank Money Market Account at 1.39% APY

Posted by: RateAPY Bank Rates News
February 18th, 2010

As hard as individuals try to save money, there are times when they need to spend a little of those savings for unexpected expenses. Rather than locking up cash in an inaccessible account, some savers prefer a money market account that allows them to earn interest and keep savings in a separate account, yet also allows six free withdrawals during each statement cycle.

Ally Bank’s money market account offers consumers several benefits, including the ability to open an account with zero dollars. This money market account, currently earning customers 1.39% APY, is FDIC-insured and has the following features:

• No minimum balance required
• No monthly fees
• No ATM fees at any ATM
• Check card and first 50 checks free
• Interest compounded daily

Compare money market accounts online to match the best rate with the account terms you need.