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Ally Bank Enroll | Open a No-Fee Ally Bank Account Online

How to open an Ally Bank account and set up online banking. No monthly fees, no minimum balance — apply online in minutes and earn competitive interest rates.

How to — Ally Bank Enroll

  1. Go to ally.com
  2. Click Open an Account and select your account type
  3. Complete the application with your personal information
  4. Fund your account via transfer from another bank
  5. Log in with your new username and password immediately

📋 What You Need

Your SSN and personal information. No minimum deposit required.

⏱️ How Long

Opening an Ally account typically takes about 5 minutes.

💰 No Fees

No monthly fees, no minimum balance on any Ally account.

📈 High Yield Savings

Ally's savings accounts earn competitive APY — one of the highest in the US.

💿 CDs Available

High Yield, No Penalty, and Raise Your Rate CDs with no minimum deposit.

📱 Mobile Friendly

You can apply for any Ally account from your phone or tablet.

Ally Bank Enroll — Frequently Asked Questions

Visit ally.com and click 'Open an Account'. Select the account type — savings, checking, CD, or money market. The application takes about 5 minutes and there is no minimum deposit.

No. Ally Bank has no minimum balance requirements and no monthly maintenance fees on any of its accounts.

Ally Bank offers high-yield savings accounts, interest checking (Spending Account), CDs (High Yield, No Penalty, Raise Your Rate), Money Market, and IRA accounts.

Opening an Ally Bank account online typically takes about 5 minutes. You can fund your account immediately via transfer from another bank.

Ally Bank periodically offers referral bonuses. Check ally.com for current promotions and bonus offers for new accounts.