Ally Bank’s Money Market Account comes with a competitive 4.00% APY, and that rate applies to all balance tiers. You’ll also be able to skip out on minimum account balances or monthly maintenance fees.
With this account, you won’t pay for standard or expedited ACH transfers, copies of online statements, incoming wire transfers, postage-paid deposit envelopes or cashier’s checks. You’ll only be charged for overdraft items, returned deposit items, excessive transactions fees, expedited delivery, outgoing domestic wires and account research fees.
If you decide to open Ally’s Money Market Account, you’ll also be able to make unlimited ATM withdrawals at any of Allpoint 43,000 ATMs for free. Ally will reimburse you for up to $10 per statement cycle for fees from other ATMs. And if you’ve got any questions, the bank offers 24/7 customer service support.