Skip to content

Coaching waitlist is open. Join the waitlist

Priceless Tay
Find My Money Type

Savings comparison

Ally vs Chime

Updated

Ally checked Chime checked

Ally Bank Savings logo

Ally

Savings account

Visit site for Ally Bank Savings (opens in a new tab)
App Store marketing images, as of Oct 24, 2026
Ally App Store image of the home screen
Ally App Store image of a spending account
Ally App Store image of savings buckets
Chime logo

Chime

Banking app

Visit site for Chime (opens in a new tab)
App Store marketing images, as of Oct 24, 2026
Chime App Store image of the home screen
Chime App Store image of savings goals
Chime App Store image of a credit score gauge

Ally is a bank, and Chime is a financial technology company that works through partner banks. Both offer savings with no minimum balance, but they pay interest very differently.

Full disclosure: Taylor Price, who runs Priceless Tay, owns Fifecta, so keep that in mind as you read this comparison.

Our take

Pick Ally if you want one savings rate on every balance and buckets to organize your goals, and pick Chime if your paycheck already lands there and you qualify for its higher Chime Plus or Chime Prime rates.

Priceless Tay

Short answer

Ally pays one variable rate on every balance and holds your deposits itself. Chime pays a rate that depends on your membership tier, and its higher tiers tie to qualifying direct deposits. Chime savings also requires a Chime checking account. Choose Ally for simplicity, and Chime if you already bank there and qualify.

Ally vs Chime at a glance

  • Ally Bank Savings logoAlly

    Top rate
    3.20%APY
    Rating
    4.7 of 5App Store, 114,147 ratings
    Platforms
    3Web, iOS, Android

  • Chime logoChime

    Top rate
    1.00% to 4.00%APY
    Rating
    4.8 of 5App Store, 1,629,130 ratings
    Platforms
    2iOS, Android

What it costs

Bars show only when every app here lists a yearly price, so these prices sit side by side without them. Prices are list prices from each app's own page, before tax and any offer.

Features

Features each app's official source states, yes or no.
FeatureAllyChime
Savings goals Yes Yes

Ally also lists data export. Chime also lists AI features.

Sources for these features

Yes means the official site lists it. No means the official site says the app doesn't have it.

Ally Bank Savings and Chime, side by side

Ally and Chime compared. Each value's source and the date we checked it open from its Source link.
APY or rateDiffers
AllyAlly 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.
Sourceally.com/bank/online-savings-account, checked .
ChimeChime lists 1.00% APY for standard members, 3.00% APY for Chime Plus and 4.00% APY for Chime Prime, in rates effective Oct 6, 2026. The rate is variable.Chime says there is no minimum balance, but you need $0.01 in savings to earn interest. The higher rates depend on Chime Plus or Chime Prime status, which ties to qualifying direct deposits.
Sourcehelp.chime.com/what-is-annual-percentage-yield-apy-dfafd381, checked .
Opening and balance minimumsDiffers
AllyAlly requires a $0 minimum opening deposit and has no minimum balance requirement.
Sourceally.com/bank/online-savings-account, checked .
ChimeChime says its savings account has no minimum balance requirement.
Sourcehelp.chime.com/what-is-the-chime-savings-account-f189355c, checked .
ProtectionDiffers
AllyAlly Bank is a Member FDIC, and deposits are insured up to the maximum allowed by law.
Sourceally.com/bank/online-savings-account, checked .
ChimeChime is not a bank. Banking services come from The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC, and pass-through deposit insurance applies only when certain conditions are met.
Sourcehelp.chime.com/what-is-the-chime-savings-account-f189355c, checked .
PlatformsDiffers
AllyAlly Bank Savings lists Web, iOS and Android.
Sourceally.com/bank/online-banking, checked .
ChimeChime lists iOS and Android.
Sourcechime.com, checked .
App store ratingDiffers
AllyAlly Bank Savings has 4.7 out of 5 on the App Store from 114,147 ratings.
SourceApp Store listing, checked .
ChimeChime has 4.8 out of 5 on the App Store from 1,629,130 ratings.
SourceApp Store listing, checked .

Store ratings are a dated snapshot from each listing, not our score. A row shows only when both apps have a current official source for it. How we source and date this data. Spotted a change? Tell us if something changed.

Weighing a third option? Add up to two more apps and compare up to four side by side.

Summary of how Ally and Chime compare on category, platforms and features, from Priceless Tay.
A summary graphic of the table above, without prices or rates.

Screen by screen

Pick a task to see what each app shows for it. App Store and Google Play images are the apps' own marketing, so they can show sample data and staged layouts. Help center images come from the app's support articles. See every app's screens.

Home

Ally Bank Savings logoAlly Bank Savings

  • Ally App Store image of the home screen
    App Store marketing imageApp Store image with the headline "Your app for all things ally." showing a home screen with a total balance, vehicle financing and bank accounts.App Store listing, as of
  • Ally home screen with total balance, vehicle and bank accounts
    App Store marketing imageThe home screen: Good Morning, Alex with a $8,431.78 total, a Vehicles section with Alex's SUV at $358.00 due and a Make a Payment button, then Bank Accounts at $5,421.48 with a Spending account.App Store listing, as of
  • Ally iPad App Store image of the home screen
    App Store marketing imageiPad App Store image with the headline "Your app for all things ally." showing the home screen on a tablet.App Store listing, as of
  • Ally iPad home screen
    App Store marketing imageThe iPad home screen: Good Morning, Alex with What's New and Status Tracker chips, $11,300.00 total, then Vehicles, Bank Accounts and Invest Accounts sections.App Store listing, as of
  • Ally greeting with total balance
    App Store marketing imageGood Morning, Alex above a $8,431.78 Total.App Store listing, as of

Chime logoChime

  • Chime App Store image of the home screen
    App Store marketing imageApp Store image with the headline "America's #1 Choice for Banking" showing an Available balance with Savings, Cash back, MyPay and Direct Deposit tiles.App Store listing, as of
  • Chime savings, cash back, MyPay and direct deposit tiles
    App Store marketing imageTiles for Savings at $5,821.45, Cash back at $115.00, MyPay at $275, Direct Deposit in 3 days, FICO Score and Chime Deals.App Store listing, as of

Accounts

Ally Bank Savings logoAlly Bank Savings

  • Ally App Store image of a spending account
    App Store marketing imageApp Store image with the headline "Our Spending Account has your cash covered." showing a spending account with Transfer and Menu buttons.App Store listing, as of
  • Ally App Store image of vehicle financing
    App Store marketing imageApp Store image with the headline "Put yourself in the driver's seat." showing vehicle financing amounts due.App Store listing, as of
  • Ally Spending account screen with Transfer button
    App Store marketing imageAlex's Spending account ending 5668: available balance $991.56, current balance $1,991.56, a Transfer button, a Menu button and Deposit checks, Zelle and Manage card chips.App Store listing, as of
  • Ally vehicle financing accounts
    App Store marketing imageVehicles with Vehicle Financing: a 2023 vehicle with $450.00 due and a 2019 Tacoma with $270.00 due shown in a callout, a Make a Payment button and Bank Accounts at $16,400.00.App Store listing, as of

Chime logoChime

  • Chime available balance
    App Store marketing imageAvailable $2,346.91 with a $200 SpotMe link below.App Store listing, as of

Goals

Ally Bank Savings logoAlly Bank Savings

  • Ally App Store image of savings buckets
    App Store marketing imageApp Store image with the headline "Stash cash in our savings buckets." showing savings buckets and a 60% complete card.App Store listing, as of
  • Ally savings buckets screen
    App Store marketing imageSavings tools with Buckets and Boosters tabs, buckets for Vacations $3,985.11, Tax Payments $1,255.00 and Auto Insurance $898.25, and a "Goin' places" bucket at 60% Complete shown in a large callout.App Store listing, as of
  • Ally savings buckets list
    App Store marketing imageBuckets and Boosters tabs with three buckets: Vacations $3,985.11, Tax Payments $1,255.00 and Auto Insurance $898.25.App Store listing, as of

Chime logoChime

  • Chime App Store image of savings goals
    App Store marketing imageApp Store image with a savings APY headline showing a Savings screen with goals like Wedding and Emergency fund.App Store listing, as of
  • Savings goals list
    App Store marketing imageA Goals list with My savings at $5,017.45, Wedding at $1,094 and Emergency fund at $2,099.App Store listing, as of

Reports and insights

Ally Bank Savings logoAlly Bank Savings

No official screen found yet

Chime logoChime

  • Chime App Store image of a credit score gauge
    App Store marketing imageApp Store image with the headline "Increase your credit score up to 70 pts" showing a credit score gauge at 720.App Store listing, as of
  • Chime credit score notification
    App Store marketing imageA Chime notification saying Your score went up 70 points!App Store listing, as of
  • Chime credit score gauge
    App Store marketing imageA FICO credit score gauge reading 720 on a 300 to 850 arc, with "What goes into FICO Scores" below.App Store listing, as of

Investments

Ally Bank Savings logoAlly Bank Savings

  • Ally App Store image of an investment account
    App Store marketing imageApp Store image with the headline "Yes, you can invest." showing an investment account value and summary.App Store listing, as of
  • Ally Invest account screen
    App Store marketing imageAn Individual Account ending 1234 with an account value of $4,151.61, Transfers, Activity and Watchlist buttons and a Summary with market value, gains, buying power and Orders.App Store listing, as of

Chime logoChime

No official screen found yet

Transfer and send

Ally Bank Savings logoAlly Bank Savings

  • Ally Transfer, Deposit checks, Zelle and Manage card buttons
    App Store marketing imageA Transfer button and a Menu button, with Deposit checks, Zelle and Manage card chips below.App Store listing, as of

Chime logoChime

  • Chime MyPay available amount ring
    App Store marketing imageMyPay with a green ring showing $275 available now and a Manage MyPay link.App Store listing, as of

Card controls

Ally Bank Savings logoAlly Bank Savings

No official screen found yet

Chime logoChime

  • Chime App Store image of Your cards
    App Store marketing imageApp Store image with the headline "Earn 5% cash back with Chime Card." showing a Your cards screen with an Add to Apple Wallet button.App Store listing, as of

Settings and security

Ally Bank Savings logoAlly Bank Savings

No official screen found yet

Chime logoChime

  • Chime App Store image of the Security Center
    App Store marketing imageApp Store image with the headline "Serious security and real-time alerts" showing a Security Center at 100% and a suspicious activity alert.App Store listing, as of
  • Chime suspicious activity notification
    App Store marketing imageA Suspicious Activity notification asking Did you just make a purchase of $212.32? Open the app to confirm.App Store listing, as of
  • Chime Security Center progress
    App Store marketing imageSecurity Center with a 100% ring, a High security note and steps for Set up passkey and Email verification.App Store listing, as of

Other screens

Ally Bank Savings logoAlly Bank Savings

  • Ally App Store image of Loyally Rewards
    App Store marketing imageApp Store image with the headline "Boost your balance with Loyally." showing a Loyally Rewards screen.App Store listing, as of
  • Ally App Store image of credit score tracking
    App Store marketing imageApp Store image with the headline "Free credit score tracking." showing a credit score of 771 and a history chart.App Store listing, as of
  • Ally App Store image of a Find ATMs map
    App Store marketing imageApp Store image with the headline "Grab cash, fee-free." showing a Find ATMs map.App Store listing, as of
  • Ally Loyally Rewards screen
    App Store marketing imageLoyally Rewards: Welcome, Alex with $250.00 total earned, and a card explaining Bonus cash, Ally extras and Referral codes.App Store listing, as of
  • Ally credit score overview
    App Store marketing imageCredit score Overview provided by Equifax: 771, up 23, rated Great on a 300 to 850 bar, a line chart from May to January and personal info rows.App Store listing, as of
  • Ally Find ATMs map
    App Store marketing imageFind ATMs with Map and List tabs and a city map with numbered ATM pins.App Store listing, as of
  • Ally credit score bar showing 771
    App Store marketing imageA 771 score, up 23, labeled Great on a red to green bar marked 300, 560, 750 and 850.App Store listing, as of

Chime logoChime

  • Chime App Store image of MyPay
    App Store marketing imageApp Store image with the headline "Get up to $500 of your pay when you say" showing a MyPay screen with $275 available.App Store listing, as of
  • Chime App Store image of an ATM map
    App Store marketing imageApp Store image with a fee-free ATMs headline showing a map with ATM pins.App Store listing, as of
  • Chime cash back notification
    App Store marketing imageA Chime notification saying Cha-ching! You just scored 5% cash back on your purchase.App Store listing, as of

How Ally and Chime differ

Ally Bank is a Member FDIC bank, and Ally says the same savings APY applies across all balance tiers, with a $0 minimum opening deposit and no minimum balance. Ally also says you can download your account activity as a CSV or Quicken (QFX) file.

Chime says it's a financial technology company, not a bank. Its banking services come from The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC, and Chime says certain conditions must be met for pass-through deposit insurance to apply. Chime's savings rate depends on your membership tier, and its higher tiers tie to qualifying direct deposits. You need an active Chime Checking Account to open savings, and at least $0.01 in savings to earn interest.

You can look up any bank on the FDIC's BankFind tool (2026). The table above shows each current rate with the date we checked it.

Which one fits your Money Type?

Priceless Tay sorts money habits into four Money Types: Strategist, Spender, Saver and Scrambler. Your type tells you which fix to make first, and it's a quick way to judge whether an app will help you or just look nice.

  • Strategists: Compare Chime's rate for your own tier against Ally's single rate before you move money.
  • Spenders: Ally's savings buckets and Chime's savings goals both let you name what the money is for, which makes it harder to spend. Pair it with the Spender first fix, Sleep on It.
  • Savers: Either account can hold your emergency fund, as long as the extra goes somewhere it can grow. Pair it with the Saver first fix, Put It to Work.
  • Scramblers: Neither account has a minimum balance, so you can start with whatever is left after the bills are covered. Pair it with the Scrambler first fix, Bills First.

Not sure which one you are? Take the free Money Types quiz. It takes about two minutes.

Who each app fits

Who Ally Bank Savings is for

Who Ally Bank Savings fits

  • You want a bank that holds your deposits itself.
  • You want one rate on every balance.
  • You want to organize savings into buckets.

Who should skip Ally Bank Savings

  • You need business banking, which Ally says it doesn't offer.
  • You want your bank and your spending app to be the same place.
  • You want your savings rate to reward direct deposit.

Who Chime is for

Who Chime fits

  • Your paycheck already lands at Chime.
  • You qualify for a higher Chime membership tier.
  • You want savings goals in the same app as your checking account.

Who should skip Chime

  • You want the same rate no matter how you're paid.
  • You want savings without a checking account.
  • You'd rather keep deposits at a bank instead of a fintech with partner banks.

Who it's for

Pick the tab that sounds like you. Every answer comes from the app's own pages, and its source opens from the Source link.

Just me

Budgeting on your own? These are the basics people ask about first.

Partners

Sharing money with a partner? Here's how each app handles a second person.

Family

Bringing in more of the household? Here's what each app says about families and kids. See apps with custodial accounts for kids.

  • Does it have accounts or features for kids or teens?

    Ally: Yes. It has accounts or features for kids or teens.

    SourceIn their words: “Once a minor reaches the age of majority in their state, control of the funds must be transferred to the minor.” ally.com/help/bank/account-information, checked .

    Chime: No.

    SourceIn their words: “You must be at least 18 years old.” help.chime.com/how-do-i-open-a-chime-account-bafa327e, checked .

Freelancer

Paid on an uneven schedule or running a side hustle? Here's what each app offers. See apps with a SEP IRA or Solo 401(k).

Business

Running a small business? Here's what each app says about business money.

A question shows only when every app here has a current official source that answers it. We only say no when the app's own page does.

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 Chime 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.

Try Fifecta free

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.”
App Store reviewer on the App Store, . See the App Store reviews. Apple doesn't give single reviews their own link, so this opens the app's reviews.

Positive

“Very user friendly and the savings buckets are a game changer”
App Store reviewer on the App Store, . See the App Store reviews. Apple doesn't give single reviews their own link, so this opens the app's reviews.

Critical

“Just horrendously slow. Constantly crashes. Never loads in the first attempt to open.”
App Store reviewer on the App Store, . See the App Store reviews. Apple doesn't give single reviews their own link, so this opens the app's reviews.
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 Chime users say

Based on 500 App Store reviews, 7 Reddit posts, 1 YouTube video and 2 Hacker News posts dated May 2026 to Oct 2026, read Oct 2026. We collected the Reddit and YouTube data with Apify, a scraping service, on Oct 24, 2026.

  • Of the 510 reviews, posts and videos we read, 83 mention deposits, transfers or getting paid.
  • Of the 510 reviews, posts and videos we read, 45 mention how easy or hard the app is to use.
  • Of the 510 reviews, posts and videos we read, 40 mention customer service or support.

Positive

“It’s the best banking app out there in my opinion. You can get paid two days earlier than your paycheck...”
App Store reviewer on the App Store, . See the App Store reviews. Apple doesn't give single reviews their own link, so this opens the app's reviews.

Critical

“Worst customer service and dispute resolution it takes over 3 months so they can tell you your dispute was denied...”
App Store reviewer on the App Store, . See the App Store reviews. Apple doesn't give single reviews their own link, so this opens the app's reviews.

Mixed

“I've had chime for 3 years and for the most part it's been a great experience.”
u/dnyte270 in r/chimefinancial on Reddit, . Read it on Reddit.
Where these come from

Try the free Savings Goal Calculator

Find out how long it takes to hit a cash goal at your monthly pace. Open the Savings Goal Calculator on its own page.

FAQ

Is Chime a bank?

No. Chime says it's a financial technology company, not a bank. Its banking services come from The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC.

Is money in Chime FDIC insured?

Chime says its accounts are FDIC insured through its partner banks up to the standard limits, and certain conditions must be met for pass-through deposit insurance to apply.

Why does Chime's savings rate vary?

Chime pays a different rate for each membership tier, and its higher tiers tie to qualifying direct deposits. The table above shows each tier's rate with the date we checked.

Do I need a checking account to open savings?

At Chime, yes: Chime says you need an active Chime Checking Account to open its savings account. Ally lists a $0 minimum opening deposit for its savings account and no minimum balance requirement.

Can I open a joint account at Ally or Chime?

Ally says joint owners of a Bank account can each set up their own login. Chime says a joint account is a checking account shared by two people, each co-owner needs their own active Chime Checking Account, and joint accounts are rolling out gradually.

More comparisons

Keep comparing

Pinterest pin for Ally vs Chime, a side-by-side app comparison from Priceless Tay.

Save this comparison

Pin it so you can find it again when you're ready to choose.

Save to Pinterest

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.

Try Fifecta free

Sources and confidence

Last checked
Sourced facts
14 facts, each linked and dated
Ally Bank Savings7 sourced facts, last checked Oct 25, 2026
Chime7 sourced facts, last checked Oct 25, 2026

Each fact links to the official page it came from, with the date we checked it. Once a fact is older than its app's window (8 days for apps whose rates change often, 35 days for the rest), it comes off the page until we check it again. How we source, date and index this data.

This is education, not financial advice.