Ally Bank Promotions & Bonuses in June 2024

A major player in the online banking space, Ally has built its name on high interest rates, a low fee schedule, an investment platform, and personal loans. It also offers some rewarding bank bonuses from time to time. You can currently earn $200 when you open an Ally Bank Spending Account.

While Ally isn’t the best fit if you’re looking for branch access, it’s a no-brainer for an online bank account. Read on to learn all the details of Ally’s current promotions

Current Ally Bank Promo Codes & Bonus Offers

There are no active offers for Ally Bank.

Expired Offers From Ally

These bonuses were recently offered by Ally, but are not available right now.

Check back often as Ally may revive these deals or offer similar promotions in the future. In the meantime, it can sometimes be helpful to compare Ally's current bonuses to their previous deals.

Online Savings - up to $125 bonus (Expired)

Expired: March 1, 2024

Ally previously offered up to $125 for opening an Online Savings account.

To earn the bonus, you needed to:

  1. Open a new Ally Bank Savings Account using a friend's referral link.
  2. By March 25, fund your new account with $25,000 to earn the max bonus.
  3. Maintain that balance until July 15.
  4. Cash bonus will be deposited into your savings account on or by July 31.

Spending Account - $200 bonus (Expired)

Expired: October 31, 2023

Ally previously offered $200 for opening a Spending account.

The steps to earning this bonus were:

  1. Be a new customer and open a new Ally Bank Spending Account with promo code GET200.
  2. Within 90 days, receive a minimum of $1,500 of qualifying direct deposit payments.
  3. Keep your account open and in good standing.
  4. Bonus will be deposited within 30 days after you reach the $1,500 QDD minimum.

Ally Invest - up to $3000 bonus (Expired)

Expired: October 31, 2022

Ally previously offered up to $3000 for opening an Ally Invest account.

Earning this bonus required you to:

  1. Open a new self-directed Ally Invest account using the link below.
  2. Within 60 days, deposit $10K to earn $100; $25K to earn $250; $100k to earn $300; $250K to earn $600; $500K to earn $1,200; $1M to earn $2k; or $2M to earn $3,000.
  3. Maintain that balance (including the bonus) for 300 days.
  4. Accounts will be reviewed 60 days after opening, and corresponding bonus will be credited to the account within 10 business days.

Online Savings - up to $500 bonus (Expired)

Expired: October 26, 2022

Ally previously offered up to $500 for opening an Online Savings account.

The requirements for this bonus were:

  1. Open a new Ally Online Savings Account with promo code GETPAID.
  2. By November 4, move at least $1,000 from another financial institution to a new or existing eligible Ally Bank account (funding may take up to 3 days).
  3. Through January 15, 2023, maintain the new money in your account (beware of withdrawals that may reduce your earnings).
  4. The 1% bonus on the money you moved (up to $500) will deposited on or by February 15, 2023.

Why Ally Bank?

Ally Bank is the consumer banking division of Ally Financial, a Detroit-based company that ranks among the largest financial institutions in the US.

Ally was founded in the early 20th century by General Motors to provide financing to automotive customers. It was originally called the General Motors Acceptance Corporation (GMAC). Since its re-brand to Ally Bank in 2009, the bank has expanded to serve more than 8 million customers and remains one of the country's biggest car finance companies.

A major player in the online-only banking space, Ally has built its name on high interest rates, a low fee schedule, an investment platform, and personal loans.