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Updated over 7 years ago on . Most recent reply

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Brandon Turner
#3 Questions About BiggerPockets & Official Site Announcements Contributor
  • Investor
  • Maui, HI
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Anyone use Ally Bank?

Brandon Turner
#3 Questions About BiggerPockets & Official Site Announcements Contributor
  • Investor
  • Maui, HI
Posted

Hey folks,

I'm thinking of switching all my banking to a completely online bank, Ally. Anyone else done this? I'm thinking that perhaps, because they are online only, I can do more from my house without always needing to run to the bank.

Thoughts? (Also - I notice they don't have specific "business" checking accounts... I wonder if it's a problem to use just a normal checking account for business?)

http://www.ally.com

  • Brandon Turner
  • Podcast Guest on Show #92
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    Dawn Anastasi
    • Rental Property Investor
    • Milwaukee, WI
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    Dawn Anastasi
    • Rental Property Investor
    • Milwaukee, WI
    Replied

    I use BOFI Federal Bank for both my personal accounts and for my 2 business accounts.

    I really like the remote deposit feature, ATM fee reversals (up to $7.00 per month) and everything is online.

    I bought some of their stock a while ago, it quadrupled in price, then I sold it.

    So all in all, I've been happy with them.

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