Ally Bank increased the interest rate it pays on Savings Accounts today to 0.99%. This is the second move up in rates by Ally Bank recently. Maybe this is a sign that bank deposit rates are finally starting to move higher from the historic lows these past few years.
See today’s High-Yield Savings Rates from the most competitive national banks. Includes Certificates of Deposits (CD’s), Money Market Accounts and High Interest Savings Accounts.