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.
Key Features
- Nationwide ATM access
- Higher APYs than traditional banks
- No account fees or minimums
Comparison of Ally and SoFi
SoFi leads with higher APYs, while Ally offers CD options, making them both strong choices for different needs.
Our professional fact-checkers verify article information against primary sources, reputable publishers, and experts in the field.
Both Ally and SoFi offer access to thousands of fee-free ATMs nationwide, including over 55,000 ATMs within the Allpoint network.
Author's summary: Ally and SoFi offer competitive APYs and account options.
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