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.
Both banks provide nationwide ATM access, with SoFi having higher APYs and Ally offering CD options.
- Higher APYs: SoFi leads in terms of APY rates.
- CD options: Ally offers more options for CDs.
- ATM access: Both banks offer access to thousands of fee-free ATMs nationwide.
We’ve partnered with Allpoint to provide you with ATM access at any of the 55,000+ ATMs within the Allpoint network.
This article has undergone a comprehensive fact-checking process to ensure accuracy and reliability.
Author's summary: Ally and SoFi offer competitive APYs and services.