High-Yield Savings Account Comparison

Affirm vs. Ally Bank

Compare rates, requirements, and features side-by-side to find the best option for you.

Analysis by Aviel Fahl
Updated December 10, 2025

Affirm

Affirm Money Account

3.60%
APY
Dec 10, 2025
FDIC InsuredNo MinimumsGreat iOS AppGreat Android App
Show Fine Print & Trends
Min. Deposit$0
Min. Balance$0
Maintenance Fee$0
Compound FreqDaily
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 58410)
EligibilityUnited States
Mobile Ratings
iOS:4.9Android:4.8
BBB Rating
A+(BBB Accredited)

Important Note

While Affirm is not a bank, it is FDIC-insured through partner Cross River Bank.

Rate Stability

Rate Adjusted
-0.25%
Since 90 days ago
Read Bank Overview

Ally Bank

Savings Account

3.30%
APY
Dec 10, 2025
FDIC InsuredNo MinimumsGreat iOS AppGreat Android App
Show Fine Print & Trends
Min. Deposit$0
Min. Balance$0
Maintenance Fee$0
Compound FreqDaily
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 57803)
EligibilityUnited States
Mobile Ratings
iOS:4.7Android:4.4
BBB Rating
A+(Not BBB Accredited)

Rate Stability

Rate Adjusted
-0.20%
Since 90 days ago
Read Bank Overview

Market Reality Check

Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.25% APY.

See Top Rates

Affirm vs. Ally Bank Savings Calculator

Calculations based on current APY for Affirm Money Account and Savings Account
$
$

Affirm earns $190.7 more than Ally Bank.

Affirm

Affirm Money Account

3.60% APY

Savings Breakdown

  • Interest Earned
    +$2,177.80(10.8%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$20,177.80

Effective APY
3.60%
View Details

Ally Bank

Savings Account

3.30% APY

Savings Breakdown

  • Interest Earned
    +$1,987.10(9.9%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$19,987.10

Effective APY
3.30%
View Details

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

Comparison Analysis

Comparing Affirm vs. Ally Bank

Updated: Dec 10, 2025

Why Affirm?

  • ✓Higher potential APY (3.60% vs 3.30%) on all balances
  • ✓Higher rated Android app (4.8 vs 4.4)

Why Ally Bank?

No distinct advantages found vs Affirm.

— Key Feature Differences —

Better Returns at $10,000
Affirm

Affirm's Affirm Money Account earns more on smaller deposits (approx. $360 vs $330/yr).

Better Returns at $25,000
Affirm

Affirm's Affirm Money Account pulls ahead with larger amounts (approx. $900 vs $825/yr).

Best for Simplicity
Affirm

Affirm's Affirm Money Account offers 3.60% APY with no bundling, direct deposit requirement or caps.

Best Mobile App Experience
Affirm

Affirm offers an iOS app rated 4.9 (vs. 4.7) and Android app rated 4.8 (vs. 4.4)

Shared Benefits

Both offer monthly maintenance-free account options Both banks have options with $0 opening deposit Available Nationwide Available to New & Existing Customers
The Bottom Line on APY (Interest Only)

Over a 1-year period, Affirm's Affirm Money Account pays $30 more interest on a $10,000 balance than Ally Bank's Savings Account.

*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.

Ally BankAffirm
Automated Data Audit

Executive Summary

Affirm offers a competitive savings option with its Affirm Money Account, providing a 3.60% APY with no direct deposit requirement, making it an attractive choice for savers. In contrast, Ally Bank's Savings Account offers a slightly lower APY of 3.30%. Both accounts are online-only, require no minimum deposit or balance, and are FDIC-insured. However, Affirm stands out with its higher APY, which could yield better returns over time, especially for larger deposits.

Analysis generated based on current Banksparency database records

* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.

ExploreAffirmExploreAlly Bank

Top Market Contenders

See who beats both Affirm and Ally Bank.

Compare All High-Yield Savings Accounts
Pibank
Pibank Savings
FDIC InsuredNo Minimums
4.60% APY
+1.00% vs Affirm
Better Rate
Pibank vs AffirmPibank vs Ally Bank
Axos Bank
Axos ONE
FDIC InsuredNo MinimumsGreat iOS AppGreat Android App
4.31% APY
+0.71% vs Affirm
Better Rate
Axos Bank vs AffirmAxos Bank vs Ally Bank
TIMBR
Premium Savings Account
FDIC InsuredLow Minimums
4.40% APY
+0.80% vs Affirm
Better Rate
TIMBR vs AffirmTIMBR vs Ally Bank
FeatureAffirmAlly Bank
APY
3.60%
Verified: 12/10/2025
↘︎ 0.25%90d Change
3.30%
Verified: 12/10/2025
↘︎ 0.20%90d Change
Product NameAffirm Money AccountSavings Account
Minimum Deposit$0$0
Min. Balance for APY$0$0
Monthly Fee$0$0
Branch AccessNoneNone
Account Type
Online Only
Online Only
Direct Deposit Req.NoneNone
Checking BundleNoNo
Mobile Apps
iOS4.9
Android4.8
iOS4.7
Android4.4
BBB RatingA+A+
Important NotesWhile Affirm is not a bank, it is FDIC-insured through partner Cross River Bank.-
Next Steps
- View Details
- View Details

📈 Compare Savings Rates Over Time

Historical Performance

Last 10 Months Analysis
MetricAffirmAlly Bank
Affirm Money AccountSavings Account
Current APY
3.60%3.30%
Trend
 Stable Stable
Velocity (bps/mo)
-2.8-4.3
Days Since Change
7540
10-Month High
3.85%3.80%
10-Month Low
3.60%3.30%
Adjustments / Mo
0.090.47
Volatility Score
0.0300.040
How to read these metrics(Click to expand)

Trends & Velocity

  • Trend: The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
  • Velocity (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
  • Adjustments/Mo: "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.

Risk & Range

  • High/Low: The absolute ceiling and floor of the rate during the 316-day window.
  • Volatility Score: Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
  • Days Since Change: If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

Compare Similar High-Yield Accounts

Compare Affirm vs...

Comparing against Standard Savings

vs Affirm
PibankNo Bundle Req
4.60%
APY
vs Affirm
TIMBRNo Bundle Req
4.40%
APY
vs Affirm
Newtek BankNo Bundle Req
4.35%
APY

Compare Ally Bank vs...

Comparing against Standard Savings

vs Ally Bank
PibankNo Bundle Req
4.60%
APY
vs Ally Bank
TIMBRNo Bundle Req
4.40%
APY
vs Ally Bank
Newtek BankNo Bundle Req
4.35%
APY

Higher Rates (With Checking)

Looking for something different? Check out these top-rated alternatives.

Checking Bundle
Axos Bank View Details
4.31%
APY
Checking Bundle
SoFi Bank View Details
4.30%
APY
Checking Bundle
Presidential Bank View Details
4.00%
APY

More Comparisons

Compare Affirm's APY of 3.60% with other banks
Bank PairCompetitor APYMin Deposit
Affirm vs American Express3.40%$0
Affirm vs Axos Bank4.31%$0
Affirm vs Bank of America0.01%$100
Affirm vs Barclays4.00%$0
Affirm vs Bask Bank3.90%$0
Affirm vs Betterment3.50%$10
Affirm vs BMO Alto3.25%$0
Affirm vs Bread Savings4.10%$100
Affirm vs BrioDirect4.00%$5,000
Affirm vs Capital One3.40%$0
Affirm vs Charles Schwab Bank0.15%$0
Affirm vs Chase Bank0.01%$0
Affirm vs Chime3.50%$0
Affirm vs CIT Bank3.75%$100
Affirm vs Citibank3.30%$0
Affirm vs Citizens Access™3.15%$0.01
Affirm vs Climate First Bank4.21%$50
Affirm vs Discover Bank3.40%$0
Affirm vs E*TRADE from Morgan Stanley3.75%$0
Affirm vs Elevault4.08%$0
Affirm vs EverBank4.05%$0
Affirm vs Fitness Bank4.75%$100
Affirm vs FNBO Direct3.00%$1
Affirm vs Forbright Bank4.00%$0
Affirm vs FVCbank3.85%$500
Affirm vs GO2bank4.50%$0
Affirm vs Ivy Bank4.25%$2,500
Affirm vs LendingClub4.20%$0
Affirm vs Marcus by Goldman Sachs3.65%$0
Affirm vs Neighbors Bank4.30%$0
Affirm vs Newtek Bank4.35%$0.01
Affirm vs Openbank4.20%$500
Affirm vs Peak Bank4.20%$100
Affirm vs Pibank4.60%$0
Affirm vs PNC3.53%$0
Affirm vs Presidential Bank4.00%$5,000
Affirm vs Quontic Bank3.75%$100
Affirm vs Salem Five Direct3.71%$10
Affirm vs Sallie Mae Bank3.90%$0
Affirm vs Santander Bank0.01%$25
Affirm vs SoFi Bank4.30%$0
Affirm vs Synchrony Bank3.65%$0
Affirm vs TD Bank2.75%$0
Affirm vs TIMBR4.40%$1,000
Affirm vs UFB Direct3.71%$5000
Affirm vs Upgrade3.05%$0
Affirm vs Valley Direct4.10%$1,000
Affirm vs Varo Bank5.00%$0
Affirm vs Vio Bank4.16%$100
Affirm vs Wealthfront4.15%$0
Affirm vs Wells Fargo0.05%$25
Affirm vs Zynlo Bank4.05%$10
Compare Ally Bank's APY of 3.30% with other banks
Bank PairCompetitor APYMin Deposit
Ally Bank vs American Express3.40%$0
Ally Bank vs Axos Bank4.31%$0
Ally Bank vs Bank of America0.01%$100
Ally Bank vs Barclays4.00%$0
Ally Bank vs Bask Bank3.90%$0
Ally Bank vs Betterment3.50%$10
Ally Bank vs BMO Alto3.25%$0
Ally Bank vs Bread Savings4.10%$100
Ally Bank vs BrioDirect4.00%$5,000
Ally Bank vs Capital One3.40%$0
Ally Bank vs Charles Schwab Bank0.15%$0
Ally Bank vs Chase Bank0.01%$0
Ally Bank vs Chime3.50%$0
Ally Bank vs CIT Bank3.75%$100
Ally Bank vs Citibank3.30%$0
Ally Bank vs Citizens Access™3.15%$0.01
Ally Bank vs Climate First Bank4.21%$50
Ally Bank vs Discover Bank3.40%$0
Ally Bank vs E*TRADE from Morgan Stanley3.75%$0
Ally Bank vs Elevault4.08%$0
Ally Bank vs EverBank4.05%$0
Ally Bank vs Fitness Bank4.75%$100
Ally Bank vs FNBO Direct3.00%$1
Ally Bank vs Forbright Bank4.00%$0
Ally Bank vs FVCbank3.85%$500
Ally Bank vs GO2bank4.50%$0
Ally Bank vs Ivy Bank4.25%$2,500
Ally Bank vs LendingClub4.20%$0
Ally Bank vs Marcus by Goldman Sachs3.65%$0
Ally Bank vs Neighbors Bank4.30%$0
Ally Bank vs Newtek Bank4.35%$0.01
Ally Bank vs Openbank4.20%$500
Ally Bank vs Peak Bank4.20%$100
Ally Bank vs Pibank4.60%$0
Ally Bank vs PNC3.53%$0
Ally Bank vs Presidential Bank4.00%$5,000
Ally Bank vs Quontic Bank3.75%$100
Ally Bank vs Salem Five Direct3.71%$10
Ally Bank vs Sallie Mae Bank3.90%$0
Ally Bank vs Santander Bank0.01%$25
Ally Bank vs SoFi Bank4.30%$0
Ally Bank vs Synchrony Bank3.65%$0
Ally Bank vs TD Bank2.75%$0
Ally Bank vs TIMBR4.40%$1,000
Ally Bank vs UFB Direct3.71%$5000
Ally Bank vs Upgrade3.05%$0
Ally Bank vs Valley Direct4.10%$1,000
Ally Bank vs Varo Bank5.00%$0
Ally Bank vs Vio Bank4.16%$100
Ally Bank vs Wealthfront4.15%$0
Ally Bank vs Wells Fargo0.05%$25
Ally Bank vs Zynlo Bank4.05%$10