Ally Bank has made a name for itself over the years because of its high interest rates and wide range of products. As one of the largest online banks, you won’t have access to any physical branch locations, but you will have access to great banking and financial products and 24/7 customer support.

Keep reading as we walk through some of the current Ally Bonus opportunities. While these aren’t going to pop up on our list of the best bank promotions, they’re perfect if you’re looking specifically for an Ally Bank account.

Current Ally Bank Promotions and Bonus Offers

Account
Bonus Amount

Expiration

Ally Checking Account

$100

April 30, 2025

Ally Savings Account

$100

April 30, 2025

Ally Invest

$100

April 30, 2025


Ally Checking Account Bonus

If you want to open a new Ally checking account, you can earn a $100 bonus. The only stipulation is that you need to be referred by a current Ally Bank customer.

Here’s how you can earn your Ally checking bonus.

  1. Have a current Ally customer refer you to open a new Ally Bank checking account. Unlike some previous offers, no Ally Bank offer code is required.
  2. Fund your new account within 30 days of account opening. Funding can be any amount you choose.
  3. Set up a qualifying direct deposit within 30 days of account opening.

Once the requirements have been met, your bonus will be deposited into your account within 30 days.

Who is Eligible?

This Ally bonus is available to anyone who does not have a current Ally Bank checking account and hasn’t had an account since January 1, 2023.


Ally Bank Savings Account Bonus

Similar to the Ally promotion on their checking account, you can earn a $100 cash bonus when you’re referred by a current customer and sign up for an Ally Bank savings account. Here are the requirements:

  1. Sign up for a new Ally Bank savings account using a current customers referral link.
  2. Set up a monthly automated recurring transfer from an external account into your new Ally Bank savings account.
  3. Complete three automated transfers in three consecutive months.

Once the requirements have been completed, your bonus will be added to your new account within 30 days.

Who is Eligible?

The Ally Bank savings bonus is available to anyone who does not have a current Ally Bank savings account and hasn’t had an account since January 1, 2023.


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Ally Invest Promo

You can also earn a $100 bonus when you open a new Ally Invest self-directed trading account. Similar to the other accounts, you’ll need to be referred by a current Ally Bank customer to take advantage.

  1. Sign up for a new Ally Invest Self-Directed Investing account using the referral link of a current customer.
  2. Fund your new account with at least $1,000 within 60 days of account opening.

Once you’ve funded your account, your $100 Ally Invest bonus will be added to your account within 60 days.

Who is Eligible?

The Ally Invest promo is available to anyone who does not have a current Ally Invest account and hasn’t had an account since January 1, 2023.

How Do These Ally Bank Promotions Stack Up?

Want to compare these Ally Bank bonus offers to what else is available? Here are some other promotions to consider.

SoFi Logo

SoFi Checking and Savings

Earn up to a $300 bonus when you open a SoFi Checking and Savings Account and make qualifying direct deposits.

U.S. Bank Smartly® Checking Account

Earn up to a $450 cash bonus when you sign up for a U.S. Bank Smartly® account and make qualifying direct deposits.

Chase logo

Chase Total Checking

Earn up to a $300 bonus when you sign up for a Chase Total Checking account and complete qualifying activities.


Questions? We Have Answers.

Get answers to a list of the most Frequently Asked Questions.

Ally Bank used to offer a $250 cash bonus when you signed up for a new Ally checking account. However, this Ally bonus is no longer available.

Ally Bank is currently offering 4.00% APY on their 9-month CD.

In the past, Ally Bank has offered a $200 bonus when you signed up for an Ally spending account and used offer code GET200. However, this bonus is no longer available.

Ally Bank is considered financially secure with limited risk of going out of business. If you’re worried about your money, it’s important to know that Ally Bank accounts are covered by FDIC insurance, up to $250,000 per depositor, per account type.

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