Savings comparison
Ally vs Bloom
Updated
AllySavings account
BloomInvesting appPriceless Tay may earn a commission from some links on this page, and that never changes how we compare apps.
Full disclosure: Taylor Price, who runs Priceless Tay, owns Fifecta, so keep that in mind as you read this comparison.
Short answer
Ally is a savings account and Bloom is an investing app. Ally charges no monthly maintenance fees on its savings account, while Bloom offers a $15 monthly plan and a $99.99 annual plan, and its custodial plan costs $150 a year. We checked both on Oct 24, 2026, and the official sources differ on 5 of the 7 rows in the table below.
Ally vs Bloom at a glance
Ally is a savings account and Bloom is an investing app. This page puts what each company's official pages and app store listings say side by side, with the date we checked every fact. The sources differ on 5 of the 7 rows in the table below.
Price and fees
Ally charges no monthly maintenance fees on its savings account. Bloom offers a $15 monthly plan and a $99.99 annual plan, and its custodial plan costs $150 a year. We checked both on Oct 24, 2026.
APY or rate
Ally lists 3.20% APY, correct as of Oct 23, 2026. Ally says the rate is variable. Ally says the same APY applies across all balance tiers, with no minimum balance requirement. We haven't verified this for Bloom yet, so check the official site for Bloom before you decide. We checked Ally on Oct 24, 2026.
Opening and balance minimums
Ally requires a $0 minimum opening deposit and has no minimum balance requirement. Bloom has no minimum account balance, but deposits and stock orders must be at least $1. We checked both on Oct 24, 2026.
Protection
Ally Bank is a Member FDIC, and deposits are insured up to the maximum allowed by law. Bloom's brokerage accounts are held at Alpaca Securities, a SIPC member. SIPC protection is limited to $500,000, including a $250,000 limit for cash. We checked both on Oct 24, 2026.
Platforms
Bloom lists iOS and Android. We haven't verified this for Ally yet, so check the official site for Ally before you decide. We checked Bloom on Oct 24, 2026.
Features
Ally lists goals, which the sources we checked don't confirm for Bloom. Bloom lists AI features, which the sources we checked don't confirm for Ally. We checked both on Oct 24, 2026.
App store rating
Ally Bank Savings has 4.7 out of 5 on the App Store from 114,147 ratings. Bloom has 4.8 out of 5 on the App Store from 46,596 ratings. We checked both on Oct 24, 2026. Store ratings are a dated snapshot from each listing, not our score.
Ally Bank Savings and Bloom, side by side
Rows marked “Differs” are where the two official sources say different things, and 5 rows do here.
Swipe the table sideways to see both apps.
| Field | Ally Bank SavingsSavings accountAlly Bank's online savings account pays a variable rate and includes savings buckets, round ups and recurring transfers.Visit Ally Bank Savings's site | BloomInvesting appBloom is a subscription app for learning to invest, with lessons, games and an investing account for adults and teens.Visit Bloom's site |
|---|---|---|
| Price and feesDiffers | Ally charges no monthly maintenance fees on its savings account.As of Oct 24, 2026. Source: ally.com/bank/online-savings-account | Bloom offers a $15 monthly plan and a $99.99 annual plan, and its custodial plan costs $150 a year.As of Oct 24, 2026. Source: bloomapp.com/faq |
| APY or rate | Ally lists 3.20% APY, correct as of Oct 23, 2026. The rate is variable.Ally says the same APY applies across all balance tiers, with no minimum balance requirement.As of Oct 24, 2026. Source: ally.com/bank/online-savings-account | Not verified yet. |
| Opening and balance minimumsDiffers | Ally requires a $0 minimum opening deposit and has no minimum balance requirement.As of Oct 24, 2026. Source: ally.com/bank/online-savings-account | Bloom has no minimum account balance, but deposits and stock orders must be at least $1.As of Oct 24, 2026. Source: bloomapp.com/faq |
| ProtectionDiffers | Ally Bank is a Member FDIC, and deposits are insured up to the maximum allowed by law.As of Oct 24, 2026. Source: ally.com/bank/online-savings-account | Bloom's brokerage accounts are held at Alpaca Securities, a SIPC member. SIPC protection is limited to $500,000, including a $250,000 limit for cash.As of Oct 24, 2026. Source: sipc.org/for-investors/what-sipc-protects |
| Platforms | Not verified yet. | Bloom lists iOS and Android.As of Oct 24, 2026. Source: bloomapp.com |
| FeaturesDiffers |
|
|
| App store ratingDiffers | Ally Bank Savings has 4.7 out of 5 on the App Store from 114,147 ratings.As of Oct 24, 2026. Source: App Store listing | Bloom has 4.8 out of 5 on the App Store from 46,596 ratings.As of Oct 24, 2026. Source: App Store listing |
App store ratings are a dated snapshot from each store listing, not our score. “Not verified yet” means we don't have a current official source for that line. Spotted a change? Tell us if something changed.
What the apps look like
Ally Bank Savings
Bloom
Which fits your Money Type?
There are four Money Types: Strategist, Spender, Saver and Scrambler. Each card matches one type to what the sources say about these two apps.
StrategistNeither app's sources confirm a feature we match to this type yet, so the quiz is the better place to start.
First fix: Save the Raise.
SpenderAlly lists goals. A goal gives a Spender a reason to pause before buying, which is the Sleep on It fix.
First fix: Sleep on It.
SaverAlly lists an APY on deposits. That fits a Saver, whose first fix is putting saved money to work.
First fix: Put It to Work.
ScramblerNeither app's sources confirm a feature we match to this type yet, so the quiz is the better place to start.
First fix: Bills First.
Not sure which one you are? Take the free Money Types quiz. It takes about two minutes.
Full disclosure: Taylor Price, who runs Priceless Tay, owns Fifecta, so keep that in mind as you read this comparison.
Another option: Fifecta
If neither Ally nor Bloom feels right, here is one more option to look at. Fifecta gives every paycheck a plan with FUNDS, and it starts from your Money Type, so the plan matches how you already handle money.
What real users say
These are other people's opinions, not Priceless Tay's. We quote public reviews and posts word for word, link each one and show its date, but we haven't checked the claims in them. A post counts toward a theme when it uses one of that theme's keywords, so a mention can be praise or a complaint.
What Ally users say
Based on 500 App Store reviews and 3 Reddit posts dated May 2026 to Oct 2026, read Oct 2026. We collected the Reddit data with Apify, a scraping service, on Oct 24, 2026.
- Of the 503 reviews and posts we read, 116 mention how easy or hard the app is to use.
- Of the 503 reviews and posts we read, 102 mention deposits, transfers or getting paid.
- Of the 503 reviews and posts we read, 53 mention bugs, crashes or the app not working.
Positive
“Intuitive app, no fees at ATMs, free checks, & great rates on savings.”
Positive
“Very user friendly and the savings buckets are a game changer”
Critical
“Just horrendously slow. Constantly crashes. Never loads in the first attempt to open.”
Where these come from
- Ally reviews on the App Store, read Oct 24, 2026. The public feed returns the 500 most recent US reviews. We kept every one dated inside the window.
- Hacker News search for Ally, read Oct 24, 2026. Public search of comments and posts. 6 named the app; we kept 0 where the writer shares their own use of it.
- Reddit search for Ally, collected Oct 24, 2026. Collected with Apify (harshmaur/reddit-scraper) on Oct 24 2026: a keyword search for "Ally savings account", posts and comments from after Oct 24 2025. It returned 92, most of them about something else. We kept 3 where the writer shares their own use of the app or a clear opinion of it. We left out moderators, bots, company accounts, referral posts and people promoting their own apps.
- YouTube search for Ally, collected Oct 24, 2026. Collected with Apify (streamers/youtube-scraper) on Oct 24 2026: a search for "Ally savings account review" from the past year, up to 8 videos. It returned 8. We kept 0 and left out the app's own channel, sponsored videos, videos with affiliate or referral links and videos about a different product. We count themes from each video's title, description and captions, but we don't quote videos, because the captions we have carry no timestamps.
- u/plantsandramen in r/WaterCoolerWednesday on Reddit, Oct 23, 2026.
- u/yumi021 in r/personalfinance on Reddit, Oct 21, 2026.
- u/mbens in r/AllyBank on Reddit, Oct 19, 2026.
What Bloom users say
Based on 500 App Store reviews, 3 Reddit posts and 2 YouTube videos dated Nov 2025 to Oct 2026, read Oct 2026. We collected the Reddit and YouTube data with Apify, a scraping service, on Oct 24, 2026.
- Of the 505 reviews, posts and videos we read, 223 mention learning about investing.
- Of the 505 reviews, posts and videos we read, 71 mention how easy or hard the app is to use.
- Of the 505 reviews, posts and videos we read, 22 mention the price, fees or the subscription.
Positive
“...my favorite feature is the learning section of it. It has helped me understand so much that I wish I knew when I was younger!”
Mixed
“My kids are on bloom and it has been great so far. Only downside is you have to pay for it but worth it imo.”
Critical
“There is no way to avoid the $15 subscription with Bloom even if you are not using the "learning" platform.”
Where these come from
- Bloom reviews on the App Store, read Oct 24, 2026. The public feed returns the 500 most recent US reviews. We kept every one dated inside the window.
- Hacker News search for Bloom, read Oct 24, 2026. Public search of comments and posts. 0 named the app; we kept 0 where the writer shares their own use of it.
- Reddit search for Bloom, collected Oct 24, 2026. Collected with Apify (harshmaur/reddit-scraper) on Oct 24 2026: a keyword search for "Bloom investing app", posts and comments from after Oct 24 2025. It returned 79, most of them about something else. We kept 3 where the writer shares their own use of the app or a clear opinion of it. We left out moderators, bots, company accounts, referral posts and people promoting their own apps.
- YouTube search for Bloom, collected Oct 24, 2026. Collected with Apify (streamers/youtube-scraper) on Oct 24 2026: a search for "Bloom investing app review" from the past year, up to 8 videos. It returned 8. We kept 2 and left out the app's own channel, sponsored videos, videos with affiliate or referral links and videos about a different product. We count themes from each video's title, description and captions, but we don't quote videos, because the captions we have carry no timestamps.
- u/Mother-Mountain9299 in r/OracleStock on Reddit, Oct 15, 2026.
- u/ConditionSufficient7 in r/investingforbeginners on Reddit, Jul 14, 2026.
- "Investing For Beginners Is Now Accessible With Bloom | Bloom App Review" by SaaS Reviews on YouTube, Jul 7, 2026.
- u/itsyourboyjjjj in r/investing on Reddit, Mar 8, 2026.
- "How to Use Bloom Investment App for Teens App Properly Beginner Mistakes That Cost You" by Whodunnit Den on YouTube, Nov 12, 2025.
FAQ
How much does Ally cost?
Ally charges no monthly maintenance fees on its savings account. We checked this on Oct 24, 2026.
How much does Bloom cost?
Bloom offers a $15 monthly plan and a $99.99 annual plan, and its custodial plan costs $150 a year. We checked this on Oct 24, 2026.
What APY does Ally list?
Ally lists 3.20% APY, correct as of Oct 23, 2026. Ally says the rate is variable. Ally says the same APY applies across all balance tiers, with no minimum balance requirement. We checked this on Oct 24, 2026.
What is Bloom's app store rating?
Bloom has 4.8 out of 5 on the App Store from 46,596 ratings. That's a snapshot from the store listing on Oct 24, 2026, not our score.
Similar comparisons
AcornsInvesting appAllySavings accountAcorns vs Ally
See Acorns and Ally Bank Savings side by side, with every fact dated.
Data side by side- BloomInvesting appChimeBanking app
Bloom vs Chime
See Bloom and Chime side by side, with every fact dated.
Data side by side - BloomInvesting app
SoFiSavings accountBloom vs SoFi
See Bloom and SoFi Checking and Savings side by side, with every fact dated.
Data side by side - AcornsInvesting appChimeBanking app
Acorns vs Chime
See Acorns and Chime side by side, with every fact dated.
Data side by side - AcornsInvesting appSoFiSavings account
Acorns vs SoFi
See Acorns and SoFi Checking and Savings side by side, with every fact dated.
Data side by side - AllySavings account
Copilot MoneyBudgeting appAlly vs Copilot Money
See Ally Bank Savings and Copilot Money side by side, with every fact dated.
Data side by side - AllySavings account
EveryDollarBudgeting appAlly vs EveryDollar
See Ally Bank Savings and EveryDollar side by side, with every fact dated.
Data side by side - AllySavings accountSimplifiBudgeting app
Ally vs Simplifi
See Ally Bank Savings and Quicken Simplifi side by side, with every fact dated.
Data side by side - AllySavings account
YNABBudgeting appAlly vs YNAB
See Ally Bank Savings and YNAB side by side, with every fact dated.
Data side by side
Keep comparing
- Read our Ally Bank Savings review.
- See Ally alternatives, closest category first.
- See Bloom alternatives, closest category first.
- Browse our guide to the best high-yield savings accounts.
- Want the bigger picture? Compare more money apps.
Full disclosure: Taylor Price, who runs Priceless Tay, owns Fifecta, so keep that in mind as you read this comparison.
Want a plan built on your Money Type?
Fifecta gives every paycheck a plan with FUNDS, so you know where each dollar goes.
Sources and dates
- ally.com/bank/online-savings-account (2026), checked Oct 24, 2026.
- App Store listing (2026), checked Oct 24, 2026.
- bloomapp.com/faq (2026), checked Oct 24, 2026.
- sipc.org/for-investors/what-sipc-protects (2026), checked Oct 24, 2026.
- bloomapp.com (2026), checked Oct 24, 2026.
- App Store listing (2026), checked Oct 24, 2026.
- banks.data.fdic.gov/bankfind-suite/bankfind (2026), checked Oct 24, 2026.
This is education, not financial advice.
