Ally Bank vs. FNBO Direct
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Ally BankSavings Account Jan 21, 2026 | FNBO DirectHigh-Yield Online Savings Account Jan 21, 2026 |
|---|---|---|
| APY | 3.30% | 3.00% |
Est. Earnings | $5,000+$165 $10,000+$330 $25,000+$825 | $5,000+$150 $10,000+$300 $25,000+$750 |
Min Deposit | $0 | $1 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® Supported | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppZelle® Supported |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.20% APY.
Comparison Analysis
Comparing Ally Bank vs. FNBO Direct
As of Ally Bank offers an APY of 3.30% for its Savings Account, with a minimum balance of $0, compared to FNBO Direct's 3.00% APY for its High-Yield Online Savings Account, with a minimum balance of $0.01.
Ally Bank pays $30 more than FNBO Direct on a $10,000 balance after one year. Ally Bank pays $330, while FNBO Direct pays $300 - an APY advantage for Ally Bank.
Why Ally Bank?
- ✓Higher potential APY (3.30% vs 3.00%) on all balances
Why FNBO Direct?
- ✓Higher rated Android app (4.8 vs 4.4)
— Key Feature Differences —
Better Returns at $10,000
Ally BankAlly Bank's Savings Account earns more on smaller deposits (approx. $330 vs $300/yr).
Better Returns at $25,000
Ally BankAlly Bank's Savings Account pulls ahead with larger amounts (approx. $825 vs $750/yr).
Best for Simplicity
Ally BankAlly Bank's Savings Account offers 3.30% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Ally Bank's Savings Account pays $30 more interest on a $10,000 balance than FNBO Direct's High-Yield Online Savings Account.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
Ally Bank offers a competitive Savings Account with a higher APY of 3.30%, making it a strong choice for savers looking for better returns without any direct deposit requirements or maintenance fees. This account is online-only and requires no minimum balance, appealing to a wide range of customers. In comparison, FNBO Direct's High-Yield Online Savings Account provides a slightly lower APY of 3.00%, also with no maintenance fees and a minimum deposit of just $1. While both accounts are attractive, Ally Bank's higher APY positions it as the preferred option for savers.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Ally Bank vs. FNBO Direct Savings Calculator
You earn $30 more with Ally Bank than FNBO Direct on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
Ally Bank
Savings Account
Savings Breakdown
- Interest Earned+$330.00(3.2%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,330.00
FNBO Direct
High-Yield Online Savings Account
Savings Breakdown
- Interest Earned+$300.00(2.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,300.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Ally Bank | FNBO Direct |
|---|---|---|
| APY | 3.30% Verified: 1/21/2026 ↘︎ 0.10%90d Change | 3.00% Verified: 1/21/2026 Stable (90d) |
| Product Name | Savings Account | High-Yield Online Savings Account |
| Minimum Deposit | $0 | $1 |
| Min. Balance for APY | $0 | $0.01 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.7 Android4.4 | iOS4.5 Android4.8 |
| Zelle® Support | Available Limit: $5,000/dayBenchmark for online Zelle; high limits. | Available Online division fully supports Zelle. |
| BBB Rating | A+ | A+ |
| Next Steps | Visit SiteVerify at Ally Bank Non-sponsored link to official site | Visit SiteVerify at FNBO Direct Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Ally Bank | FNBO Direct |
|---|---|---|
| Savings Account | High-Yield Online Savings Account | |
Current APY | 3.30% | 3.00% |
Trend | Stable | Stable |
Velocity (bps/mo) | -4.7 | -5.7 |
Days Since Change | 82 | 110 |
6-Month High | 3.50% | 3.25% |
6-Month Low | 3.30% | 3.00% |
Adjustments / Mo | 0.33 | 0.17 |
Volatility Score | 0.026 | 0.038 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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