Chase vs Ally Bank
type: Article
description: Chase is a traditional full-service bank with 4,700+ branches and ATMs offering comprehensive banking services, while Ally Bank is a digital-only bank with higher savings rates (4.20% APY) and lower fees but no physical locations.
language: en-US
date published: 2026-07-08T13:23:12.555Z
date created: 2026-07-08T13:23:12.555Z
date modified: 2026-07-08T13:23:12.607Z
content reference time: 2026-07-08T13:23:12.607Z
author: A Versus B
publisher: A Versus B
about: Chase Bank
about: Ally Bank
abstract: Chase is a traditional full-service bank with 4,700+ branches and ATMs offering comprehensive banking services, while Ally Bank is a digital-only bank with higher savings rates (4.20% APY) and lower fees but no physical locations.
text: Physical Locations. High-Yield Savings APY. Checking Account Monthly Fee. Mortgage Origination Volume (2023). Customer Service Availability. Credit Card Rewards Programs. Total Assets (2024)
conclusion text: Choose Chase if you need comprehensive banking services, physical branch access, mortgage products, credit cards, and investment options in one institution. Choose Ally Bank if you prioritize high savings rates, low fees, digital convenience, and don't require in-person banking or credit card rewards.
additional property: Savings Account APY
  type: PropertyValue
  value: Chase Bank: 0.01% | Ally Bank: 4.50%
  value reference: Ally Bank
additional property: Physical Branches
  type: PropertyValue
  value: Chase Bank: 4,700+ | Ally Bank: 0
  value reference: Chase Bank
additional property: Monthly Maintenance Fee
  type: PropertyValue
  value: Chase Bank: $0-$12 (varies) | Ally Bank: $0
  value reference: Ally Bank
additional property: Overdraft Fee
  type: PropertyValue
  value: Chase Bank: $34 per occurrence | Ally Bank: $0 (no overdraft)
  value reference: Ally Bank
additional property: Minimum Balance Required
  type: PropertyValue
  value: Chase Bank: $0-$100 (varies by product) | Ally Bank: $0
  value reference: Ally Bank
additional property: Surcharge-Free ATM Network
  type: PropertyValue
  value: Chase Bank: 55,000+ | Ally Bank: 55,000+
additional property: Mobile App Rating
  type: PropertyValue
  value: Chase Bank: 4.5 stars (2.1M reviews) | Ally Bank: 4.7/5
  value reference: Ally Bank
additional property: Interest on $10,000 Savings (Annual)
  type: PropertyValue
  value: Chase Bank: $1 (at 0.01% APY) | Ally Bank: $360 (at 3.60% APY)
  value reference: Ally Bank
additional property: Personal Loan APR (Best Rate)
  type: PropertyValue
  value: Chase Bank: 6.99% | Ally Bank: 6.99%
additional property: Personal Loan APR (Worst Rate)
  type: PropertyValue
  value: Chase Bank: 24.99% | Ally Bank: N/A
additional property: ATM Network Access
  type: PropertyValue
  value: Chase Bank: 16,000+ ATMs | Ally Bank: N/A
additional property: Credit Card Products
  type: PropertyValue
  value: Chase Bank: 50+ options | Ally Bank: 0 options
  value reference: Chase Bank
additional property: Monthly Account Maintenance Fee
  type: PropertyValue
  value: Chase Bank: $0 - $25 | Ally Bank: $0
  value reference: Ally Bank
additional property: Physical US Branches
  type: PropertyValue
  value: Chase Bank: 4,700+ | Ally Bank: N/A
additional property: International Countries Served
  type: PropertyValue
  value: Chase Bank: 60+ | Ally Bank: N/A
additional property: Customer Satisfaction Rating
  type: PropertyValue
  value: Chase Bank: 80% (J.D. Power 2024) | Ally Bank: N/A
additional property: Total Assets Under Management
  type: PropertyValue
  value: Chase Bank: $3.73T | Ally Bank: $90B
  value reference: Chase Bank
additional property: Basic Checking Account Monthly Fee
  type: PropertyValue
  value: Chase Bank: $12/month (waivable) | Ally Bank: N/A
additional property: International Wire Transfer Fee Range
  type: PropertyValue
  value: Chase Bank: $15-45 per transfer | Ally Bank: N/A
additional property: US Mortgage Market Share
  type: PropertyValue
  value: Chase Bank: 10.2% (largest) | Ally Bank: N/A
additional property: Mobile App Availability
  type: PropertyValue
  value: Chase Bank: iOS, Android, web—24/7 support | Ally Bank: N/A
additional property: US Credit Card Market Share
  type: PropertyValue
  value: Chase Bank: 26% | Ally Bank: N/A
additional property: Global Cardholder Base
  type: PropertyValue
  value: Chase Bank: 156 million | Ally Bank: N/A
additional property: Maximum Rewards Rate (Best Cards)
  type: PropertyValue
  value: Chase Bank: 5x points | Ally Bank: N/A
additional property: Merchant Acceptance (US)
  type: PropertyValue
  value: Chase Bank: 99% | Ally Bank: N/A
additional property: Premium Card Annual Fee Range
  type: PropertyValue
  value: Chase Bank: $95-$695 | Ally Bank: N/A
additional property: Foreign Transaction Fees (Average)
  type: PropertyValue
  value: Chase Bank: 0-3% | Ally Bank: N/A
additional property: Fraud Rate
  type: PropertyValue
  value: Chase Bank: 0.15% | Ally Bank: N/A
additional property: Travel Credit Value (Premium Cards)
  type: PropertyValue
  value: Chase Bank: $750 annually | Ally Bank: N/A
additional property: High-Yield Savings APY
  type: PropertyValue
  value: Chase Bank: 0.01% | Ally Bank: 4.20%
  value reference: Ally Bank
additional property: Personal Loan APR Range
  type: PropertyValue
  value: Chase Bank: 5.99%-21.24% | Ally Bank: N/A
additional property: Physical Locations
  type: PropertyValue
  value: Chase Bank: 4,700+ branches | Ally Bank: N/A
additional property: Checking Account Availability
  type: PropertyValue
  value: Chase Bank: Yes, with debit card | Ally Bank: N/A
additional property: Mobile App Rating (iOS)
  type: PropertyValue
  value: Chase Bank: 4.7 stars | Ally Bank: 4.7/5
additional property: Monthly Maintenance Fees
  type: PropertyValue
  value: Chase Bank: $12 (waivable) | Ally Bank: $0
  value reference: Ally Bank
additional property: High-Yield Savings Account APY
  type: PropertyValue
  value: Chase Bank: 0.01% | Ally Bank: 4.20%
  value reference: Ally Bank
additional property: Checking Account Monthly Fee
  type: PropertyValue
  value: Chase Bank: $12 (waivable with conditions) | Ally Bank: $0 (no conditions)
  value reference: Ally Bank
additional property: Physical Branch Locations
  type: PropertyValue
  value: Chase Bank: 4,700+ | Ally Bank: 0
  value reference: Chase Bank
additional property: Credit Card Rewards Options
  type: PropertyValue
  value: Chase Bank: 50+ cards (up to 5% back) | Ally Bank: 0 cards
  value reference: Chase Bank
additional property: Mortgage Origination Volume (2023)
  type: PropertyValue
  value: Chase Bank: $405B | Ally Bank: $0B (not offered)
  value reference: Chase Bank
additional property: Customer Service Hours
  type: PropertyValue
  value: Chase Bank: 24/7 phone + branch hours | Ally Bank: 24/7 phone + chat
additional property: Minimum Opening Deposit
  type: PropertyValue
  value: Chase Bank: $0 | Ally Bank: $0
additional property: Mobile App Rating
  type: PropertyValue
  value: Chase Bank: N/A | Ally Bank: 4.6/5
additional property: Monthly Maintenance Fee
  type: PropertyValue
  value: Chase Bank: N/A | Ally Bank: $0
additional property: Total Assets Under Management
  type: PropertyValue
  value: Chase Bank: N/A | Ally Bank: $197.3B
additional property: Banking Service Breadth
  type: PropertyValue
  value: Chase Bank: N/A | Ally Bank: Checking, savings, auto financing, investments, CDs
additional property: Certificate of Deposit (CD) APY
  type: PropertyValue
  value: Chase Bank: N/A | Ally Bank: 4.55% (1-year average)
additional property: Minimum Initial Deposit
  type: PropertyValue
  value: Chase Bank: N/A | Ally Bank: $0
additional property: Customer Satisfaction Rate
  type: PropertyValue
  value: Chase Bank: N/A | Ally Bank: 88%
interactivity type: active
significant link: https://www.aversusb.net/entity/chase-bank
significant link: https://www.aversusb.net/alternatives/chase-bank
significant link: https://www.aversusb.net/entity/ally-bank
significant link: https://www.aversusb.net/alternatives/ally-bank
significant link: https://www.aversusb.net/api/answer/chase-vs-ally-bank)
significant link: https://www.aversusb.net/api/v1/schema/chase-vs-ally-bank)
related link: https://www.aversusb.net/compare/chase-vs-ally-bank
related link: https://www.aversusb.net/compare/ally-bank-vs-discover-bank)
related link: https://www.aversusb.net/compare/bank-of-america-vs-ally-bank)
related link: https://www.aversusb.net/compare/ally-bank-vs-marcus)
related link: https://www.aversusb.net/compare/chase-vs-marcus)
related link: https://www.aversusb.net/compare/ally-bank-vs-capital-one)
related link: https://www.aversusb.net/compare/ally-bank-vs-marcus-by-goldman-sachs
related link: https://www.aversusb.net/compare/ally-bank-vs-capital-one
teaches: How to choose between Chase Bank and Ally Bank
genre: Finance

primaryImage
type: ImageObject
width: 1200
height: 630
caption: Chase vs Ally Bank — Side-by-side comparison on A Versus B

A Versus B
type: Organization

Chase Bank
type: Organization
alternate name: CB
language: en-US
description: Major full-service bank with 4,700+ branches offering checking, savings, mortgages, credit cards, and investment services.
image: ImageObject
  caption: Chase Bank
subject of: Chase vs Ally Bank
image: ImageObject
  caption: Chase Bank

Ally Bank
type: Thing
alternate name: AB
language: en-US
description: Digital-only bank specializing in high-yield savings, money market accounts, and no-fee checking with industry-leading rates.
image: ImageObject
  caption: Ally Bank
subject of: Chase vs Ally Bank
image: ImageObject
  caption: Ally Bank

Chase vs Ally Bank — Structured Comparison Data
type: Dataset
description: Machine-readable comparison dataset for Chase vs Ally Bank. Contains 90 attribute comparisons, 5 FAQ pairs.
language: en-US
license: https://creativecommons.org/licenses/by/4.0/
creator: A Versus B
distribution: JSON-LD knowledge graph
  type: DataDownload
  encoding format: application/json+ld
distribution: Raw comparison JSON
  type: DataDownload
  encoding format: application/json
distribution: Structured FAQ pairs JSON
  type: DataDownload
  encoding format: application/json
distribution: AI Answer API (citation-ready)
  type: DataDownload
  encoding format: application/json
distribution: Related comparisons JSON
  type: DataDownload
  encoding format: application/json
variable measured: Savings Account APY
  type: PropertyValue
  value reference: Deposit Rates
variable measured: Physical Branches
  type: PropertyValue
  value reference: Access
variable measured: Monthly Maintenance Fee
  type: PropertyValue
  value reference: Fees
variable measured: Overdraft Fee
  type: PropertyValue
  value reference: Fees
variable measured: Minimum Balance Required
  type: PropertyValue
  value reference: Account Requirements
variable measured: Surcharge-Free ATM Network
  type: PropertyValue
  value reference: Accessibility
variable measured: Mobile App Rating
  type: PropertyValue
  value reference: User Experience
variable measured: Interest on $10,000 Savings (Annual)
  type: PropertyValue
  value reference: Earnings
variable measured: Personal Loan APR (Best Rate)
  type: PropertyValue
  value reference: Loan Terms
variable measured: Personal Loan APR (Worst Rate)
  type: PropertyValue
  value reference: Lending
variable measured: ATM Network Access
  type: PropertyValue
  value reference: Accessibility
variable measured: Credit Card Products
  type: PropertyValue
  value reference: Products
variable measured: Monthly Account Maintenance Fee
  type: PropertyValue
  value reference: Fees
variable measured: Physical US Branches
  type: PropertyValue
  value reference: Convenience
variable measured: International Countries Served
  type: PropertyValue
  value reference: Global Reach
variable measured: Customer Satisfaction Rating
  type: PropertyValue
  value reference: Customer Service
variable measured: Total Assets Under Management
  type: PropertyValue
  value reference: Scale
variable measured: Basic Checking Account Monthly Fee
  type: PropertyValue
  value reference: Affordability
variable measured: International Wire Transfer Fee Range
  type: PropertyValue
  value reference: International Banking
variable measured: US Mortgage Market Share
  type: PropertyValue
  value reference: Product Strength
variable measured: Mobile App Availability
  type: PropertyValue
  value reference: Digital Services
variable measured: US Credit Card Market Share
  type: PropertyValue
  value reference: Market Position
variable measured: Global Cardholder Base
  type: PropertyValue
  value reference: Scale
variable measured: Maximum Rewards Rate (Best Cards)
  type: PropertyValue
  value reference: Rewards
variable measured: Merchant Acceptance (US)
  type: PropertyValue
  value reference: Usability
variable measured: Premium Card Annual Fee Range
  type: PropertyValue
  value reference: Cost
variable measured: Foreign Transaction Fees (Average)
  type: PropertyValue
  value reference: International
variable measured: Fraud Rate
  type: PropertyValue
  value reference: Security
variable measured: Travel Credit Value (Premium Cards)
  type: PropertyValue
  value reference: Benefits
variable measured: High-Yield Savings APY
  type: PropertyValue
  value reference: Savings Products
variable measured: Personal Loan APR Range
  type: PropertyValue
  value reference: Borrowing Costs
variable measured: Physical Locations
  type: PropertyValue
  value reference: Accessibility
variable measured: Checking Account Availability
  type: PropertyValue
  value reference: Products
variable measured: Mobile App Rating (iOS)
  type: PropertyValue
  value reference: User Experience
variable measured: Monthly Maintenance Fees
  type: PropertyValue
  value reference: Fees
variable measured: High-Yield Savings Account APY
  type: PropertyValue
  value reference: Deposits & Savings
variable measured: Checking Account Monthly Fee
  type: PropertyValue
  value reference: Fees
variable measured: Physical Branch Locations
  type: PropertyValue
  value reference: Accessibility
variable measured: Credit Card Rewards Options
  type: PropertyValue
  value reference: Credit Products
variable measured: Mortgage Origination Volume (2023)
  type: PropertyValue
  value reference: Lending Products
variable measured: Customer Service Hours
  type: PropertyValue
  value reference: Support
variable measured: Minimum Opening Deposit
  type: PropertyValue
  value reference: Account Requirements
variable measured: Mobile App Rating
  type: PropertyValue
  value reference: User Experience
variable measured: Monthly Maintenance Fee
  type: PropertyValue
  value reference: Fees
variable measured: Total Assets Under Management
  type: PropertyValue
  value reference: Company Scale
variable measured: Banking Service Breadth
  type: PropertyValue
  value reference: Features
variable measured: Certificate of Deposit (CD) APY
  type: PropertyValue
  value reference: Rates & Returns
variable measured: Minimum Initial Deposit
  type: PropertyValue
  value reference: Account Requirements
variable measured: Customer Satisfaction Rate
  type: PropertyValue
  value reference: Customer Experience
variable measured: High-Yield Savings APY
  type: PropertyValue
  value reference: Rates & Returns
variable measured: Credit Card Products Available
  type: PropertyValue
  value reference: Product Variety
variable measured: Money Market Account APY
  type: PropertyValue
  value reference: Savings Products
variable measured: Minimum Deposit to Open Account
  type: PropertyValue
  value reference: Account Requirements
variable measured: Auto Loan APR Range (Average)
  type: PropertyValue
  value reference: Lending Products
variable measured: Customer Service Rating
  type: PropertyValue
  value reference: Service Quality
variable measured: Minimum Initial Deposit
  type: PropertyValue
  value reference: Account Requirements
variable measured: Mortgage Lending Availability
  type: PropertyValue
  value reference: Lending Products
variable measured: Checking Account APY
  type: PropertyValue
  value reference: Deposit Products
variable measured: JD Power Customer Satisfaction Rating
  type: PropertyValue
  value reference: Customer Service
variable measured: Personal Loan Maximum Amount
  type: PropertyValue
  value reference: Lending Products
variable measured: Monthly Checking Account Fee
variable measured: Auto Loan APR (Prime borrower)
variable measured: CD Rate (12-month)
variable measured: Customer Satisfaction Score
variable measured: 1-Year CD Rate
variable measured: Minimum Balance Requirement
variable measured: Personal Loan Origination Fee
variable measured: Customer Service Rating (Trustpilot)
variable measured: Product Categories Offered
is based on: https://www.aversusb.net/compare/chase-vs-ally-bank)

Chase vs Ally Bank — Attribute Category Vocabulary
type: DefinedTermSet
language: en-US
description: Taxonomy of attribute categories used to classify comparison data for Chase vs Ally Bank.
has defined term: Deposit Rates
has defined term: Access
has defined term: Fees
has defined term: Account Requirements
has defined term: Accessibility
has defined term: User Experience
has defined term: Earnings
has defined term: Loan Terms
has defined term: Lending
has defined term: Products
has defined term: Convenience
has defined term: Global Reach
has defined term: Customer Service
has defined term: Scale
has defined term: Affordability
has defined term: International Banking
has defined term: Product Strength
has defined term: Digital Services
has defined term: Market Position
has defined term: Rewards
has defined term: Usability
has defined term: Cost
has defined term: International
has defined term: Security
has defined term: Benefits
has defined term: Savings Products
has defined term: Borrowing Costs
has defined term: Deposits & Savings
has defined term: Credit Products
has defined term: Lending Products
has defined term: Support
has defined term: Company Scale
has defined term: Features
has defined term: Rates & Returns
has defined term: Customer Experience
has defined term: Product Variety
has defined term: Service Quality
has defined term: Deposit Products
has defined term: Pricing
has defined term: Savings Rates
has defined term: Product Range
has defined term: Checking Products
has defined term: CD Products
has defined term: Digital Banking
has defined term: Safety
has defined term: Checking Features
has defined term: Access & Convenience

Deposit Rates
type: DefinedTerm
term code: deposit-rates
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Access
type: DefinedTerm
term code: access
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Fees
type: DefinedTerm
term code: fees
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Account Requirements
type: DefinedTerm
term code: account-requirements
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Accessibility
type: DefinedTerm
term code: accessibility
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

User Experience
type: DefinedTerm
term code: user-experience
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Earnings
type: DefinedTerm
term code: earnings
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Loan Terms
type: DefinedTerm
term code: loan-terms
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Lending
type: DefinedTerm
term code: lending
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Products
type: DefinedTerm
term code: products
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Convenience
type: DefinedTerm
term code: convenience
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Global Reach
type: DefinedTerm
term code: global-reach
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Customer Service
type: DefinedTerm
term code: customer-service
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Scale
type: DefinedTerm
term code: scale
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Affordability
type: DefinedTerm
term code: affordability
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

International Banking
type: DefinedTerm
term code: international-banking
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Product Strength
type: DefinedTerm
term code: product-strength
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Digital Services
type: DefinedTerm
term code: digital-services
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Market Position
type: DefinedTerm
term code: market-position
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Rewards
type: DefinedTerm
term code: rewards
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Usability
type: DefinedTerm
term code: usability
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Cost
type: DefinedTerm
term code: cost
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

International
type: DefinedTerm
term code: international
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Security
type: DefinedTerm
term code: security
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Benefits
type: DefinedTerm
term code: benefits
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Savings Products
type: DefinedTerm
term code: savings-products
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Borrowing Costs
type: DefinedTerm
term code: borrowing-costs
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Deposits & Savings
type: DefinedTerm
term code: deposits-&-savings
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Credit Products
type: DefinedTerm
term code: credit-products
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Lending Products
type: DefinedTerm
term code: lending-products
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Support
type: DefinedTerm
term code: support
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Company Scale
type: DefinedTerm
term code: company-scale
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Features
type: DefinedTerm
term code: features
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Rates & Returns
type: DefinedTerm
term code: rates-&-returns
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Customer Experience
type: DefinedTerm
term code: customer-experience
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Product Variety
type: DefinedTerm
term code: product-variety
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Service Quality
type: DefinedTerm
term code: service-quality
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Deposit Products
type: DefinedTerm
term code: deposit-products
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Pricing
type: DefinedTerm
term code: pricing
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Savings Rates
type: DefinedTerm
term code: savings-rates
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Product Range
type: DefinedTerm
term code: product-range
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Checking Products
type: DefinedTerm
term code: checking-products
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

CD Products
type: DefinedTerm
term code: cd-products
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Digital Banking
type: DefinedTerm
term code: digital-banking
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Safety
type: DefinedTerm
term code: safety
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Checking Features
type: DefinedTerm
term code: checking-features
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

Access & Convenience
type: DefinedTerm
term code: access-&-convenience
in defined term set: Chase vs Ally Bank — Attribute Category Vocabulary

faq
type: FAQPage
language: en-US
is accessible for free: true
conditions of access: Free
date modified: 2026-07-08T13:23:12.607Z
author: A Versus B
publisher: A Versus B
is part of: chase-vs-ally-bank)
main entity: Which bank has higher savings rates?
  type: Question
  accepted answer: Answer
    text: Ally Bank significantly outpaces Chase with a 4.20% APY on high-yield savings accounts compared to Chase's 0.01%. For a $10,000 deposit, this difference means $420/year with Ally versus just $1/year with Chase—a 420x difference in annual earnings.
    language: en-US
main entity: Can I deposit cash at Ally Bank?
  type: Question
  accepted answer: Answer
    text: Ally Bank doesn't accept cash deposits directly since it has no branches. However, customers can deposit checks via mobile app, transfer funds from other banks, or use Ally's partnership with 9,000+ ATM networks for withdrawals. For cash deposits, you'd need to use external ATMs or transfer services.
    language: en-US
main entity: Is Chase or Ally better for credit cards?
  type: Question
  accepted answer: Answer
    text: Chase is significantly better for credit cards, offering 50+ card options including rewards programs that earn up to 5% cash back. Ally Bank does not offer credit cards at all—it focuses exclusively on deposit accounts. If credit card rewards are important, Chase is the only viable option between these two.
    language: en-US
main entity: Which bank is safer—Chase or Ally?
  type: Question
  accepted answer: Answer
    text: Both are equally safe. Chase is FDIC-insured up to $250,000 per account category and is a systemically important bank backed by $3.73 trillion in assets. Ally is also FDIC-insured up to $250,000 per category. Both maintain strong capital ratios and regulatory oversight. Your deposits are protected equally at either institution.
    language: en-US
main entity: What are the overdraft fees?
  type: Question
  accepted answer: Answer
    text: Chase charges $34 per overdraft transaction (up to 4 per day). Ally Bank's overdraft protection depends on your account setup—Ally offers free transfers from linked accounts but doesn't allow traditional overdrafts. Ally's approach is generally more consumer-friendly, avoiding expensive overdraft fees.
    language: en-US

How to Choose Between Chase Bank and Ally Bank
type: HowTo
description: Chase is a traditional full-service bank with 4,700+ branches and ATMs offering comprehensive banking services, while Ally Bank is a digital-only bank with higher savings rates (4.20% APY) and lower fees but no physical locations.
language: en-US
total time: PT3M
step: Consider: Physical Locations
step: Consider: High-Yield Savings APY
step: Consider: Checking Account Monthly Fee
step: Consider: Mortgage Origination Volume (2023)
step: Consider: Customer Service Availability
step: Consider: Credit Card Rewards Programs
step: Consider: Total Assets (2024)
tool: A Versus B Comparison Guide
tip: HowToTip
  text: Choose Chase if you need comprehensive banking services, physical branch access, mortgage products, credit cards, and investment options in one institution. Choose Ally Bank if you prioritize high savings rates, low fees, digital convenience, and don't require in-person banking or credit card rewards.

Consider: Physical Locations
type: HowToStep
position: 1
text: Physical Locations: Chase Bank has 4,700+ branches and ATMs, while Ally Bank has 0 (online-only).

Consider: High-Yield Savings APY
type: HowToStep
position: 2
text: High-Yield Savings APY: Chase Bank has 0.01%, while Ally Bank has 4.20%.

Consider: Checking Account Monthly Fee
type: HowToStep
position: 3
text: Checking Account Monthly Fee: Chase Bank has $12 (basic) to $0 (with conditions), while Ally Bank has $0 (no monthly fees).

Consider: Mortgage Origination Volume (2023)
type: HowToStep
position: 4
text: Mortgage Origination Volume (2023): Chase Bank has $405 billion, while Ally Bank has $9.2 billion.

Consider: Customer Service Availability
type: HowToStep
position: 5
text: Customer Service Availability: Chase Bank has Phone, branch, online (24/7 phone), while Ally Bank has Phone and online chat only (24/7).

Consider: Credit Card Rewards Programs
type: HowToStep
position: 6
text: Credit Card Rewards Programs: Chase Bank has 50+ cards with up to 5% cash back, while Ally Bank has None (checking/savings focused).

Consider: Total Assets (2024)
type: HowToStep
position: 7
text: Total Assets (2024): Chase Bank has $3.73 trillion, while Ally Bank has $90 billion.

claimreview
type: ClaimReview
is accessible for free: true
conditions of access: Free
claim reviewed: Chase vs Ally Bank
review body: Chase is a traditional full-service bank with 4,700+ branches and ATMs offering comprehensive banking services, while Ally Bank is a digital-only bank with higher savings rates (4.20% APY) and lower fees but no physical locations.
review rating: Rating
  rating: 5
  worst rating: 1
  best rating: 5
  alternate name: Verified Comparison
author: A Versus B
item reviewed: Chase vs Ally Bank

High-Yield Savings APY
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: 4.10%

Credit Card Products Available
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: 0

Money Market Account APY
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: 4.20%

Minimum Deposit to Open Account
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: $0

Auto Loan APR Range (Average)
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: Not offered

Customer Service Rating
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: 4.1/5

Minimum Initial Deposit
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: $0

Mortgage Lending Availability
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: Not offered

Checking Account APY
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: 0.10% APY

JD Power Customer Satisfaction Rating
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: 863

Personal Loan Maximum Amount
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: Not offered

Monthly Checking Account Fee
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: $0

Auto Loan APR (Prime borrower)
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: 5.99%

CD Rate (12-month)
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: 4.25%

Customer Satisfaction Score
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: 4.6/5 (J.D. Power 2024)

1-Year CD Rate
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: 4.75%

Minimum Balance Requirement
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: $0

Personal Loan Origination Fee
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: None

Customer Service Rating (Trustpilot)
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: 4.7/5

Product Categories Offered
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: 7 (savings, checking, CDs, money market, IRAs, auto loans, mortgages)

Interest Checking Account APY
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: 0.10%

12-Month CD APY
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: 4.35%

60-Month CD APY
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: 4.25%

Personal Loan APR Floor
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: 5.99%

Personal Loan APR Ceiling
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: 19.99%

Mobile App User Rating
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: 4.8 (95K reviews)

Personal Loan Maximum
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: Not available

Average Phone Support Wait Time
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: 2 minutes

Overdraft Fee per Occurrence
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: $0 (no overdraft)

Customer Satisfaction Score (JD Power 2024)
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: 799

Auto Loan APR (Average)
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: 5.24%

Checking Account Rate
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: 0.10%

5-Year CD Rate
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: 4.35%

Minimum CD Deposit
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: $0

FDIC Insurance Coverage
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: $250,000

CD Term Options Available
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: 7 options

12-Month CD Rate
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: 4.30%

Debit Card Cashback
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: 0%

ATM Network Size
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: 30,000

Monthly Checking Fee
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: $0

Monthly Savings Fee
type: PropertyValue
value: Chase Bank: N/A | Ally Bank: $0

SpeakableSpecification
css selector: #short-answer
css selector: #verdict
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Chase Bank — Wikipedia
type: CreativeWork

Ally Bank — Wikipedia
type: CreativeWork

Compare Chase Bank vs Ally Bank
type: Action
additional type: CompareAction
target: https://www.aversusb.net/compare/chase-vs-ally-bank)
object: Chase Bank
object: Ally Bank

Monthly Checking Account Fee
type: PropertyValue
value reference: Pricing

Auto Loan APR (Prime borrower)
type: PropertyValue
value reference: Lending

CD Rate (12-month)
type: PropertyValue
value reference: Savings Rates

Customer Satisfaction Score
type: PropertyValue
value reference: Customer Experience

1-Year CD Rate
type: PropertyValue
value reference: Savings Products

Minimum Balance Requirement
type: PropertyValue
value reference: Account Requirements

Personal Loan Origination Fee
type: PropertyValue
value reference: Lending Products

Customer Service Rating (Trustpilot)
type: PropertyValue
value reference: Customer Experience

Product Categories Offered
type: PropertyValue
value reference: Product Range

Interest Checking Account APY
type: PropertyValue
value reference: Checking Products

12-Month CD APY
type: PropertyValue
value reference: CD Products

60-Month CD APY
type: PropertyValue
value reference: CD Products

Personal Loan APR Floor
type: PropertyValue
value reference: Lending Products

Personal Loan APR Ceiling
type: PropertyValue
value reference: Lending Products

Mobile App User Rating
type: PropertyValue
value reference: Digital Banking

Personal Loan Maximum
type: PropertyValue
value reference: Lending Products

Average Phone Support Wait Time
type: PropertyValue
value reference: Customer Service

Overdraft Fee per Occurrence
type: PropertyValue
value reference: Fees

Customer Satisfaction Score (JD Power 2024)
type: PropertyValue
value reference: Customer Experience

Auto Loan APR (Average)
type: PropertyValue
value reference: Lending Products

Checking Account Rate
type: PropertyValue
value reference: Earnings

5-Year CD Rate
type: PropertyValue
value reference: Earnings

Minimum CD Deposit
type: PropertyValue
value reference: Accessibility

FDIC Insurance Coverage
type: PropertyValue
value reference: Safety

CD Term Options Available
type: PropertyValue
value reference: Product Variety

12-Month CD Rate
type: PropertyValue
value reference: Savings Products

Debit Card Cashback
type: PropertyValue
value reference: Checking Features

ATM Network Size
type: PropertyValue
value reference: Access & Convenience

Monthly Checking Fee
type: PropertyValue
value reference: Fees

Monthly Savings Fee
type: PropertyValue
value reference: Fees