Ally Bank offers competitive rates and no fees but lacks physical branches and some loan options

Ally Bank offers a range of financial products, including savings, checking, investing, and mortgages, with no monthly fees and competitive interest rates. It is part of the Allpoint ATM network, providing access to over 43,000 ATMs nationwide. As an online-only bank, Ally does not have physical branches, which may not suit everyone. It has received mixed reviews for its mobile app, with a high rating on Apple but a lower one on Google Play. Customer support is available 24/7 via phone and chat. Ally's mortgage options are limited to conforming and jumbo loans, lacking FHA, VA, or USDA loans. While it offers commission-free trading and automated investment options, it does not support cryptocurrency trading. Overall, Ally is a strong choice for those comfortable with online banking.