Accountant · Spring Lake, MI · Member since 2020 · 42 posts · 26 votes
Hey BP, I have been looking at a couple online savings accounts to park some money in. Ally savings rate is 0.60% if I am correct. I also saw Chime.com but didn't know how reliable it was. It's APY is 1.00% and it also has the Round Ups feature, where it rounds up a purchase and places it in your savings account. Kind of like Acorn investing, but for savings accounts. And When I Get Paid helps you automatically save a percentage of every paycheck. Let me know your thoughts! Thank you.
I recently was researching the same topic I found alot of good things about Ally but one other bank to look into is Amex. They offer a savings account (no checking) but due to the same APY and great customer service Amex offers I decided to put my money with them.Good luck with your research!
Ally and capital one are both great and I have both. Capital one was great when I graduated college cause they don’t nickel and dime you with account minimums