Ally vs. SoFi® [2025]: More Account Options or Higher APYs

Ally vs. SoFi: A Comparison of Account Options and APYs

Ally and SoFi are online-only banks that offer higher APYs than traditional banks, with no account fees or minimums.

SoFi leads with higher APYs, while Ally offers CD options, making them both competitive in the market.

Discover which one is right for you, considering factors such as APYs, account options, and ATM access.

This article has undergone a comprehensive fact-checking process, verifying information against primary sources, reputable publishers, and experts in the field.

Author's summary: Ally and SoFi offer competitive APYs and account options.

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FinanceBuzz FinanceBuzz — 2025-10-16