Ally Bank, Get 1% Bonus on New Deposits of up to $25K
Ally Bank has a sweet offer that will earn you 1% on your deposit within three months. This new Ally bank bonus is available for new and existing customers and limited to a maximum of $250.
Offer
For a limited time, get a 1% cash bonus on new money moved to a new or existing account. Simply move at least  Once you have signed up, move at least $1,000 from an account at another financial institution to a new or existing eligible Ally Bank account by 3/31/20, and you’ll get a 1% cash bonus, up to $250. You can sign up for the cash bonus between 3/13/20 and 3/20/20.
The Online Savings Account earn a 1.50% APY on all balance tiers.
Offer Terms
- You must deposit or transfer at least $1,000 in net new funds from an account at another financial institution into your Online Savings Account, Money Market Account, or CD by 3/31/20.
- You will then need to maintain the funds in your account through 6/30/20.
- Make sure you sign up using an email address that is associated with your Ally Bank account, or that you plan on using when opening your new eligible account.
Eligibility
The offer is available nationwide for new and existing customers.
Guru’s Wrap-Up
This Ally Bank bonus is a great offer and it’s open to new and existing customers alike. If you deposit the maximum allowed of $25K, you will get a bonus of 1% which amounts to $250. You’re earning that in just 3 months, which is a 4% APY. That’s on top of the interest rate you would normally earn from their accounts. An Ally Bank Online Savings account already earns 1.5%, which is a solid offer nowadays. Add this bonus and you can earn 5.5% APY for three months.
If this bonus is not for you, then you can check our full list of available bank bonuses. And, if you’re new to bank account bonuses, you can learn more about churning bank accounts here. Also check the best high yield accounts.
HT: DoC
