Save money and be informed. CreditDonkey is a bank comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†

U.S. Bank vs Ally Bank

U.S. Bank is a big national bank with wide array of services and many account options. How does it compare to Ally Bank? Read our comparison chart below.

U.S. Bank has over 2,900 branches across 27 states. It has somewhat high minimum balance requirements to waive monthly checking account service fees. Their promotional CD Special offers high interest rates with a $1,000 minimum opening deposit.

While Ally Bank offers high interest on their Savings account. It also offers interest checking and multiple CD options, including No Penalty and Raise Your Rate CDs. There is no minimum deposits or service fees for any of their banking products.

Compare U.S. Bank with Ally Bank, side-by-side. Read on for an in-depth look, including ratings and reviews.

 U.S. Bank
Member FDIC
 Learn MoreLearn More
 

U.S. Bank

Ally Bank

SPECIAL OFFER
U.S. Bank Business Essentials - $500 Bonus

Read U.S. Bank Review

SPECIAL OFFER
Online Savings Account - 3.60% APY - Learn More

Read Ally Bank Review

 

Benefits and Features

SavingsBank Smartly® Savings: Minimum deposit $25. Monthly maintenance fee $5, unless you have a Bank Smartly® Checking or Safe Debit account, or for accounts with a minor under the age of 18.
3.60% APY
CDStandard Term CD: 0.05% - 0.25% APY. Terms ranging from 1 month - 60 months. Minimum deposit of $500. Maximum deposit $250,000.2.90% to 4.00% APY. Terms of 3 months to 5 years. 12-month CD APY of 3.90%
Checking
Smartly Checking
0.10% APY for daily balances less than $15,000. 0.25% APY for daily balances over $15,000
Money Market0.01% - 0.25% APY, depending on amount. Minimum opening deposit $100. Monthly maintenance fee is $10 unless you open a U.S. Bank Smartly Checking account and enroll in the Smart Rewards® Primary tier or above, or maintain a $10,000 minimum daily balance.
3.60% APY
Mobile App
iOS & Android
iOS & Android
ATMs4,700+ U.S. Bank ATMs across the country75,000+ no-fee Allpoint and MoneyPass ATMs
Customer Service24/7 Live Customer Service (Telephone)
24/7
IRA Money MarketMinimum opening deposit of $100 or $25 automatic monthly deposit. No monthly maintenance fees. 
Locations
2,900+ branches
Online only
 

CreditDonkey® Reviews

 U.S. Bank
SavingsStarStarStarEmpty StarEmpty Star
CDStarStarStarStarEmpty Star
CheckingStarStarStarEmpty StarEmpty Star
Money MarketStarStarStarEmpty StarEmpty Star
Mobile AppStarStarStarStarHalf Star
Customer ServiceStarStarStarStarHalf Star
Pros & ConsPros:
  • Promo CD with high APY
  • Free student account
  • 24/7 customer service
Cons:
  • Low standard savings APY
Bottom LineBig national bank with wide array of services and many account options... Read full review Read full review
 Learn MoreLearn More

    Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

    U.S. Bank: Pricing information from published website as of 04/11/2025 based on 91107 zip code.

    Ally Bank: Pricing information from published website as of 04/18/2025.

    U.S. Bank
    Member FDIC

    U.S. Bank Business Essentials - $500 Bonus

    Promo code Q2AFL25 MUST be used when opening a U.S. Bank Business Essentials, Silver, or Platinum Business Checking account. Limit of one bonus per business. A $100 minimum deposit is required to open one of the referenced accounts.

    Earn your $500 Business Checking bonus by opening a new U.S. Bank Business Essentials or Silver Business Checking account between 4/3/2025 and 6/30/2025. You must make deposit(s) of at least $5,000 in new money within 30 days of account opening and thereafter maintain a daily balance of at least $5,000 until the 60th day after account opening. You must also complete 5 qualifying transactions within 60 days of account opening.

    Qualifying transactions include debit card purchases, ACH credits, Wire Transfer credits and debits, Zelle credits and debits, U.S. Bank Mobile Check Deposit or Bill Pay. Other transactions such as (but not limited to) other Person to Person payments, transfers to credit card or transfers between U.S. Bank accounts are not eligible.

    New money is considered money that is new to U.S. Bank. Funds must come from outside U.S. Bank and cannot be transferred from another U.S. Bank product or a U.S. Bank Affiliate. For accounts opened on non-business days, weekends or federal holidays, the open date is considered the next business day. Account fees (e.g., monthly maintenance, paper statement fee, etc.) could reduce the qualifying daily balance, therefore you must make deposit(s) to cover the fees to maintain the daily balance during the qualifying period to be awarded the bonus. Refer to the Business Pricing Information or Business Essentials® Pricing Information Document for a list of fees.

    Bonus will be deposited into your new eligible U.S. Bank Business Checking account within 30 days following the last calendar day of the month you complete all of the offer requirements, as long as the account is open and has a positive available balance.

    Offer may not be combined with any other business checking account bonus offers. Existing customers (businesses) with a business checking account or customers (businesses) who had an account in the last 12 months, do not qualify.

    All regular account-opening procedures apply. For a comprehensive list of checking account pricing, terms and policies, reference your Business Pricing Information or Business Essentials® Pricing Information and YDAA disclosure. These documents can be obtained by contacting a U.S. Bank branch or calling 800.872.2657.

    Bonus will be reported as interest earned on IRS Form 1099-INT and recipient is responsible for any applicable taxes. Current U.S. Bank employees are not eligible. U.S. Bank reserves the right to withdraw this offer at any time without notice. Member FDIC

    Expires 6/30/2025
    U.S. Bank
    Member FDIC

    U.S. Bank Platinum Business Checking - $900 Bonus

    Promo code Q2AFL25 MUST be used when opening a U.S. Bank Business Essentials, Silver, or Platinum Business Checking account. Limit of one bonus per business. A $100 minimum deposit is required to open one of the referenced accounts.

    Earn your $900 Business Checking bonus by opening a new U.S. Bank Platinum Business Checking account between 4/3/2025 and 6/30/2025. You must make deposit(s) of at least $25,000 in new money within 30 days of account opening and thereafter maintain a daily balance of at least $25,000 until the 60th day after account opening. You must also complete 5 qualifying transactions within 60 days of account opening.

    Qualifying transactions include debit card purchases, ACH credits, Wire Transfer credits and debits, Zelle credits and debits, U.S. Bank Mobile Check Deposit or Bill Pay. Other transactions such as (but not limited to) other Person to Person payments, transfers to credit card or transfers between U.S. Bank accounts are not eligible.

    New money is considered money that is new to U.S. Bank. Funds must come from outside U.S. Bank and cannot be transferred from another U.S. Bank product or a U.S. Bank Affiliate. For accounts opened on non-business days, weekends or federal holidays, the open date is considered the next business day. Account fees (e.g., monthly maintenance, paper statement fee, etc.) could reduce the qualifying daily balance, therefore you must make deposit(s) to cover the fees to maintain the daily balance during the qualifying period to be awarded the bonus. Refer to the Business Pricing Information or Business Essentials® Pricing Information Document for a list of fees.

    Bonus will be deposited into your new eligible U.S. Bank Business Checking account within 30 days following the last calendar day of the month you complete all of the offer requirements, as long as the account is open and has a positive available balance.

    Offer may not be combined with any other business checking account bonus offers. Existing customers (businesses) with a business checking account or customers (businesses) who had an account in the last 12 months, do not qualify.

    All regular account-opening procedures apply. For a comprehensive list of checking account pricing, terms and policies, reference your Business Pricing Information or Business Essentials® Pricing Information and YDAA disclosure. These documents can be obtained by contacting a U.S. Bank branch or calling 800.872.2657.

    Bonus will be reported as interest earned on IRS Form 1099-INT and recipient is responsible for any applicable taxes. Current U.S. Bank employees are not eligible. U.S. Bank reserves the right to withdraw this offer at any time without notice. Member FDIC

    Expires 6/30/2025
    U.S. Bank
    Member FDIC

    U.S. Bank Payment Solutions - Earn up to $1,000 in 3 months

    Earn up to $1,000 in statement credits over 3 months when you open a new U.S. Bank Payment Solutions account and complete qualifying activities. Member FDIC.

    Offer:

    • Open, and be approved for, a new U.S. Bank Payment Solutions Merchant Account (MID) by June 30, 2025.
    • Keep the approved account in an open status and be actively accepting and settling card payments at thee time the statement credit is issued.
    • Get merchant fees refunded up to $1,000 over three months
    Expires 6/30/2025

    Which is Better: U.S. Bank or Ally Bank?

    Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing U.S. Bank or Chase.


    Articles on U.S. Bank

    U.S. Bank Review

    Weighing up on banking with U.S. Bank? This comprehensive review covers its pros, cons and how it stacks up against other banks.

    U.S. Bank Savings Account Interest Rate

    U.S. Bank offers a beginner-friendly savings account with a decent APY if you qualify for relationship rates. Is it worth it? Read on to find out.

    Who Owns U.S. Bank

    U.S. Bank is owned by its multiple institutional and individual shareholders. If you're curious about its safety, read on to learn more.

    U.S. Bank Business Checking Requirements

    Opening a U.S. Bank business checking account can be fast and easy. Most allow online application and require fewer documents than other banks.

    U.S. Bank Problems

    U.S. Bank may be one of the best-established banks in the U.S. But it's not exactly problem-free. Here's what you may encounter.

    Chase vs U.S. Bank Business Account

    U.S. Bank offers a free business checking account, while Chase offers more features. Which is better? Find out here.

    U.S. Bank Checking Account Bonus

    Get a bonus when you open a new account with U.S. Bank. Learn more about their bonuses to kick-start your banking journey.

    U.S. Bank Business Checking

    Boost your business with a business checking bonus from U.S. Bank. Learn how to make the most out of this offer.

    U.S. Bank Routing Number

    To transfer money in or out of your U.S. Bank checking or savings account, you'll need the right routing number. Find your U.S. Bank routing number below.

    Articles on Ally Bank

    Ally No Penalty CD

    Ally Bank's No Penalty CD offers a competitive APY without early withdrawal penalties. Learn more about this CD here.

    Ally Bank Locations

    Ally is an excellent online bank with no physical locations. So, how can you access your funds? Read on to find out.

    Ally High Yield Savings

    Ally Savings offers a strong APY and various savings tools to help you boost your funds. Read on to find out more.

    Ally Bank Problems

    Ally Bank is well-known for having attractive APYs and practically no fees. But, what's the catch? Read on to know what nuisances you may encounter.

    Ally Money Market vs Savings

    Ally's Money Market and Savings accounts boast high APYs with no hidden fees. But, how do they differ? Read on to find out.

    Ally Bank CD Rates

    Ally Bank CD accounts offer high APYs and require no minimum deposit. But what is the catch? Learn more about Ally CD rates in this review.

    Ally Bank Routing Number

    Looking to transfer money in or out of your Ally account? You'll need the right routing number. Find your Ally routing number and learn more about money transfers in our guide.

    Which Do You Think is Best?





    Which Bank Account is Right for You?


    You Might Also Like

    Best Banks in Minnesota

    Best Banks in Minnesota

    From community credit unions to national powerhouses, which banks in Minnesota truly rise above the rest? Find out here.
    How Much Are ATM Fees

    How Much Are ATM Fees

    Felt robbed by ATM fees? Find out just how much cash they're taking from you.
    Largest Banks in the US

    Largest Banks in the US

    A list of the largest banks in the US was released. Which banks came out on top? Read on to find out, plus the benefits of working with a big bank.
    Best Banks in Colorado

    Best Banks in Colorado

    In Colorado and looking for a new bank? This useful guide to the best banks in Colorado will make finding one easy.
    Best Banks in California

    Best Banks in California

    Are you in California and searching for a new bank? Finding one is easy with this helpful guide to the best banks and credit unions in California.
    Best National Bank

    Best National Bank

    There are over 5,000 FDIC-insured banks in America. How do you choose a good national bank to keep your money safe?
    Best Student Checking Accounts

    Best Student Checking Accounts

    A student checking account allows you to manage your money with fewer fees and requirements. Find the best student checking accounts offered by the top banks.
    Find Your Routing Number on a Check

    Find Your Routing Number on a Check

    Your routing number is the 9 digit code on the bottom of your check. Don't use the wrong number. Find the correct routing number for your bank.
    Best Money Market Rates

    Best Money Market Rates

    Good money market accounts offer high interest rates with more flexibility. Here are the safest money market accounts to earn the most interest.
    Best CD Rates

    Best CD Rates

    Unearth the highest CD rates and maximize your savings. This list showcases the banks with the most lucrative rates.

    Next Page:

    About CreditDonkey
    CreditDonkey is a bank comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

    Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

    †Advertiser Disclosure: Many of the offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

    *See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

    CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.

    About Us | Reviews | Deals | Tips | Privacy | Do Not Sell My Info | Terms | Contact Us
    (888) 483-4925 | 680 East Colorado Blvd, 2nd Floor | Pasadena, CA 91101
    © 2025 CreditDonkey Inc. All Rights Reserved.