Ally: Banking & Investing

Ally Financial

About this app

Making your financial life simple and secure has always been our thing, even from the start (we were born online, after all). Easily manage your bank, invest, and home loan accounts on the go in one convenient place – all with just one login.

Mobile Banking Features
•Stress less when you overspend – we have no overdraft fees,
plus CoverDraft℠ service, giving you temporary fee-free overdraft relief.
•Deposit checks from your phone with Ally eCheck Deposit℠
•Transfer money, pay bills, or use Zelle® to pay anyone with a U.S. bank
account
•Find nearby ATMs when you need cash on the go – choose from over 55,000
fee-free ATMs and cash back locations
•Keep tabs on your debit card usage with card controls
•Manage CD interest disbursement and maturity options
•View and send secure messages, or chat with us 24/7 using Ally Assist
Save faster with our smart savings tools
• Use buckets to organize your money and visualize what you’re saving for
• Keep your savings on pace with automatic, recurring transfers
• Grow your savings faster with round ups and Surprise Savings boosters

Mobile Trading & Investing Features
Robo Portfolios
•Sit back while our intelligent tools do the heavy lifting to
manage and monitor your investments
•Invest free of advisory fees with our cash-enhanced portfolio, or invest
more of your money in the market with a market-focused portfolio (available for
a fee)
•Automate your investing with one of our four portfolio strategies
•Use Goal Tracker to monitor progress
Self-Directed
•Trade commission-free on eligible U.S. stocks and ETFs
•Filter and find exchange-traded funds matching your goals with our ETF
screener
•Trade stocks and multi-leg options from your mobile device
•Use advanced charting tools for technical analysis
•Monitor your investments with streaming quotes

Wealth Management
•Receive ongoing guidance from one dedicated advisor for all
your assets – even ones we don’t manage
•Work toward your financial goals with a tailored investment portfolio
•Link and track financial accounts outside of Ally for a 360° view of your
finances
•View and monitor your net worth, investment exposure, and performance
•Start with a $100,000 minimum in assets under care (funds with us)
How we prioritize your investing security
•We never store personal or account information on your phone
•All your transactions are encrypted
•Security codes provide an added layer of protection when you log in from a
computer or device we don’t recognize
•Our Online & Mobile Security Guarantee protects you against fraudulent
transactions

Mobile Home Loan Features
•Track your progress toward paying off your home with
real-time updates
•View account details, upcoming statements, and past transactions
•Use Autopay to set up recurring payments with no additional payment fees
•Schedule additional principal-only payments at any time

More details
•Ally Mobile is free – your mobile carrier’s message and data
rates may apply
•Deposit and mortgage products are offered by Ally Bank, Member FDIC, Equal

Housing Lender
•Securities offered through Ally Invest Securities LLC, member FINRA/SIPC
•Advisory products and services are offered through Ally Invest Advisors
Inc., a registered investment adviser
•Securities are NOT FDIC INSURED, NOT BANK GUARANTEED, and MAY LOSE VALUE
•You may not be approved for real-time quotes
•CoverDraft℠ acts as a safety net and is not a line of credit or a guarantee
•With CoverDraft℠, if your purchase isn’t covered for any reason (let’s say the transaction exceeds your CoverDraft℠ limit, for example), it’ll be declined – but we’ll never charge you an overdraft fee; you’ll have 14 days to bring your balance out of the negative, and we may restrict withdrawals from your account (if it’s not back in the black) after that
•CoverDraft is only available for Ally Bank Interest Checking accounts
•Buckets and boosters are features of Ally Bank's Online Savings Account

Ratings and reviews

I have always loved the app and the convenience it provides. With the latest update, I quit receiving my text transaction notifications. Nothing has changed on my end. My notification settings with Ally Bank and my phone are the same. I have cleared the app and phone cache and restarted my phone multiple times. I have done the Optin repsonse twice. Still nothing for the past 4 days. Ally's customer service couldn't help me. Help! I want my notifications back!

Whatever happened, I no longer get text alerts. Tried opting out then opting back in several times, called CS, submitted an IT ticket, the rep had no reason, stated it wasn't a system wide problem but my problem as a user and their tech has never reached back out. I saw reviews stating same problem. I do not like having to check emails and login to app numerous times a day to check or reconcile transactions. Absence of text alerts that they clearly offer set up for but doesn't work: ridiculous.

Rating 3 stars because not only is it difficult to navigate the app, but with the new spending/savings buckets features taking over, it's becoming even more increasingly difficult to get to something as simple as "Account Transactions". At least the website allows you a "Customize" button where you can select "Activity" to be the first thing you see, vice "Spending Buckets", even though they made the latter the default option so I was freaking out until I noticed the tabs.

What's new

Added the Sort function on the Stock Screener filter page.
Updated iOS preset filters on the ETF explore page with descriptors.