Ally and SoFi are online-only banks that offer higher APYs than traditional banks, with no account fees or minimums.
Our professional fact-checkers verify article information against primary sources, reputable publishers, and experts in the field.
Both Ally and SoFi provide access to thousands of fee-free ATMs nationwide, including over 55,000 ATMs within the Allpoint network.
Author's summary: Ally and SoFi offer competitive APYs and account options.