I use this checking and savings account for their high rates. I like the free checks and high rates, but the delay in getting deposits credited after the transfer is initiated is a concern. Money comes out of my other account on day 2 and then it is day 4 when it shows up in the Ally account and still not available until day 5.
Accounts statements are accurate and reimbursement of ATM fees is outstanding.
Just opened a checking account and now i don't have to worry about atm fees that cost me tons with a big bank checking account.
I deposited a check from BOA and was warned by the Ally mobile deposit site that the funds would not be available for 3 days. With that information I turned around and wrote a check for the deposited amount and mailed it off. Those checks have since been cashed and paid but Ally still has a hold on my original deposit 4 days after depositing and have notified me those funds will not be available another 4 days. Because of this they have put a hold on the entire check value plus another $3500.
So let me get this straight, they have my money but I can't use it or the rest of my money because why??????
I would not recommend that anyone has multiple accounts with them so they have the ability to basically freeze ALL "your" money.