Ally vs. SoFi [2025]: More Account Options or Higher APYs
Ally and SoFi are online-only banks offering higher APYs than traditional banks, with no account fees or minimums.
SoFi leads with higher APYs, while Ally offers CD options and a range of additional products.
- Both offer APYs on savings and checking accounts
- Access to thousands of fee-free ATMs nationwide
- Partnership with Allpoint for 55,000+ ATM access
We’ve partnered with Allpoint to provide you with ATM access at any of the 55,000+ ATMs within the Allpoint network.
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Author's summary: Ally and SoFi offer strong online banking options.