Take advantage of the current Ally Bank promotions, bonuses, and offers here.
Update 8/7/24: Ally Bank is offering a $100 bonus when you open an eligible Ally Bank account (checking, savings or self-directed trading). Valid through 12/31/24.
Ally Bank $100 Checking Bonus
Ally Bank is currently offering a $100 bonus when you open a Spending account.
How to earn it:
- Enroll by 12/31/2024 and open a new, eligible Ally Bank Spending Account within 30 days of enrollment and fund within 30 days of opening your new account.
- Set up and receive a qualifying direct deposit within 60 days of account opening.
- Your $100 welcome bonus will be deposited within 30 days of receiving your qualifying direct deposit.
(Visit Ally Bank to learn more)
Truist Checking ($400 bonus) | Chase Total Checking ($300 Bonus) |
SoFi Checking and Savings Account ($325 Bonus) | KeyBank Checking ($300 bonus) |
Ally Bank $100 Savings Bonus
Ally Bank is currently offering a $100 bonus when you open an Savings account.
How to earn it:
- Enroll and open a new Ally Bank Savings Account by 12/31/2024.
- Open a new Ally Bank Savings Account within 30 days of enrollment.
- Set up (within your new account) and start a qualifying monthly automated recurring transfer within 30 days of account opening.
- Complete at least 3 back-to-back monthly automated recurring transfers.
- Your $100 welcome bonus will be deposited within 30 days of receiving your 3rd recurring transfer.
(Visit Ally Bank to learn more)
CIT Bank Platinum Savings ($225/$300 Bonus + 4.10% APY). | Live Oak Bank Savings ($300 Bonus + 4.20% APY) |
SoFi Checking & Savings ($325 Bonus + 3.80% APY) | Harborstone Credit Union Money Market (4.30% APY) |
Discover® Bank Savings (Up to $200 Bonus + 3.70% APY) |
Ally Bank $100 Self-Directed Trading Bonus
Ally Bank is currently offering a $100 bonus when you open an Self-Directed Trading account.
How to earn it:
- Enroll by 12/31/2024 and open a new Ally Invest Self-Directed Trading account within 30 days of enrollment.
- Transfer a minimum of $1,000 within 60 days of opening your account. Note: you can make multiple transfers to reach the minimum requirement of $1,000.
- Your $100 welcome bonus will be deposited within 30 days of your account reaching $1,000.
(Visit Ally Bank to learn more)
J.P. Morgan Self-Directed Investing (Up to $700 Cash) | TradeStation ($150 Cash) |
E*Trade (Up to $6,000 Cash) | Webull (Free Stocks) |
Ally Bank $250 Checking Bonus (Ally Auto Customers)
- What you’ll get: $250 bonus
- Where it’s available: Nationwide
- How to earn it:
- Open a new Ally Bank Spending Account or Savings Account by 12/31/23, with offer code ALLYAUTO1, and fund your new account within 30 days. You must be an Ally Auto customer at the time of account opening.
- Note: On the initial step of the application, be sure to select I’m not an existing Ally Bank customer.
- Set up and receive at least 1 qualifying direct deposit within 60 days of opening your new account.
- Keep your account open and in good standing and we’ll deposit your $250 within 30 days of receiving your first direct deposit.
- Open a new Ally Bank Spending Account or Savings Account by 12/31/23, with offer code ALLYAUTO1, and fund your new account within 30 days. You must be an Ally Auto customer at the time of account opening.
(Expires 12/31/2023)
Truist Checking ($400 bonus) | Chase Total Checking ($300 Bonus) |
SoFi Checking and Savings Account ($325 Bonus) | KeyBank Checking ($300 bonus) |
Ally Bank $200 Checking Bonus (Expired)
- What you’ll get: $200 bonus
- Where it’s available: Nationwide
- How to earn it:
- Open your first Spending Account. Use code GET200 by Oct. 13, 2023. Make sure to fund your account within 30 days of opening it.
- Set up one or more direct deposits. Make sure they total at least $1,500 within 90 days.
- Get your $200. Ally Bank will send your bonus within 30 days of your account receiving $1,500 in qualified direct deposits.
(Expires 10/13/2023)
Truist Checking ($400 bonus) | Chase Total Checking ($300 Bonus) |
SoFi Checking and Savings Account ($325 Bonus) | KeyBank Checking ($300 bonus) |
Ally Bank Customers: Get $100 or $250 Bonus w/ Ally Invest Account (Targeted)
- Direct Links:
- What you’ll get: $100 or $250 bonus
- Where it’s available: Nationwide
- How to earn it:
- Open a new Ally Invest Self-Directed Account or Robo Portfolio account.
- Deposit a minimum of $500 or more by 4/8/2022.
- Keep your new Ally Invest account open and in good standing for us to add your bonus to your account by 5/8/2022.
(Learn More on Ally Invest Self-Directed Trading)
[Expired] Ally Bank $250 Bonus for All Babies Born on New Year’s Eve
- What you’ll get: $250 in a custodial savings account
- Where it’s available: Nationwide
- How to earn it:
- If your baby is born on the last day of the year, you can start enrolling at 1/15/2021.
- After enrolling, you’ll be prompted to open an Ally Bank custodial Online Savings Account (that’s where we’ll deposit your baby’s money).
- You’ll need your baby’s social security number to apply and must upload a copy of your child’s birth certificate by 7/31/2021.
(Offer expired)
Up To $3000 Ally Invest Self-Directed Trading Cash Bonus (Expired)
- What you’ll get: Up to $3,000 bonus
- Where it’s available: Nationwide
- How to earn it:
- Open an account by the expiration date and fund within 60 days of account opening.
- Qualifying deposits must be from outside Ally Invest.
- You must fund the account with a minimum of $10,000 to receive the bonus.
- The minimum qualifying funds to receive a bonus offer must remain in the account (minus any trading losses) for a minimum of 90 days from the date of funding.
- Depending on your initial deposit amount (see below), you’ll receive the specified credit in your account within ten (10) days of meeting the qualifying requirements.
- Once the account is credited, you can’t withdraw the bonus and initial qualifying deposit for 300 days after requirements have been met.
- If you remove the qualifying deposit(s), the bonus may be revoked.
- Open an account by the expiration date and fund within 60 days of account opening.
(Learn More on Ally Invest Self-Directed Trading)
How to Avoid Monthly Fees
- No Monthly Service Fee
![]() |
![]() |
Author’s Verdict
All in all, Ally Bank offers a wide range of accounts and promotions for you to take advantage of.
For more current offers, check out our bank bonuses page. Compare Ally Bank rates for CDs and Savings with our best rates for Savings and CD accounts.
Furthermore, you can find a full list of the best bank promotions here. Finally, remember to bookmark this page because you will always find an updated list of Ally Bank promotions here.
Referral code for $100 when you open an eligible account. https://ally.com/referral?code=4V7S5B3J8D
Any word yet on whether Ally will offer 1% “Payback Time” bonus again this year? Last year (2018) it started on 10/15