Ally Bank, Earn Up to $250 Bonus Nationwide - Miles to Memories

Ally Bank, Earn Up to $250 Bonus Nationwide

Ally Bank has an offer that will earn you 1% on your deposit within three months. It is available for new and existing customers and limited to a maximum of $250. Let's check the details.

The Offer

For a limited time, get a 1% cash bonus on new money moved to a new or existing account. Simply move at least Once you have signed up, move at least $1,000 from an account at another financial institution to a new or existing eligible Ally Bank account by 3/31/20, and you'll get a 1% cash bonus, up to $250. You can sign up for the cash bonus between 3/13/20 and 3/20/20.

The Online Savings Account is the best option probably. It earns a 1.50% APY on all balance tiers.

Key Terms

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• You must deposit or transfer at least $1,000 in net new funds from an account at another financial institution into your Online Savings Account, Money Market Account, or CD by 3/31/20.
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• You will then need to maintain the funds in your account through 6/30/20.
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• Make sure you sign up using an email address that is associated with your Ally Bank account, or that you plan on using when opening your new eligible account.
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• The offer is available nationwide for new and existing customers.

Conclusion

This is a pretty offer and it's available to new and existing customers alike. If you deposit the maximum allowed of $25K, you will get a bonus of 1% which amounts to $250. That is in addiiton of the interest rate you would normally earn with an Ally Bank Online Savings account that gives you 1.5% APY. Add this bonus and you can earn 5.5% APY for three months.

HT: Doctor of Credit

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