Ally Bank vs. Pibank
Compare rates, requirements, and features side-by-side to find the best option for you.
Ally Bank
Savings Account
3.30%APYDec 6, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Ally Bank
Savings Account
Pibank
Pibank Savings
4.60%APYDec 6, 2025FDIC InsuredNo MinimumsShow Fine Print & Trends Hide Details
Pibank
Pibank Savings
Prefer In-Person Banking?
Both of these banks are online-only. If you need physical branch access, check out our list of high-yield accounts with brick-and-mortar locations.
Comparison Analysis
Comparing Ally Bank vs. Pibank
Why Ally Bank?
- ✓Higher rated iOS app (4.7 vs 2.4)
- ✓Higher rated Android app (4.4 vs 1.7)
Why Pibank?
- ✓Higher potential APY (4.60% vs 3.30%) on all balances
— Key Feature Differences —
Better Returns at $10,000
PibankPibank's Pibank Savings earns more on smaller deposits (approx. $460 vs $330/yr).
Better Returns at $25,000
PibankPibank's Pibank Savings pulls ahead with larger amounts (approx. $1150 vs $825/yr).
Best for Simplicity
PibankPibank's Pibank Savings offers 4.60% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
Ally BankAlly Bank offers an iOS app rated 4.7 (vs. 2.4) and Android app rated 4.4 (vs. 1.7)
Shared Benefits
Over a 1-year period, Pibank's Pibank Savings pays $130 more interest on a $10,000 balance than Ally Bank's Savings Account.
Executive Summary
Pibank offers a superior savings account with an APY of 4.60%, significantly higher than Ally Bank's 3.30% APY for its savings account. Both banks provide online-only services with no minimum deposit requirements and no maintenance fees. Pibank's account is noted for better returns at various deposit levels, making it a more attractive option for savers. Additionally, both banks do not require direct deposit, enhancing their accessibility. For those seeking higher yields, Pibank is the clear winner.
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.
| Feature | Ally Bank | Pibank |
|---|---|---|
| APY | 3.30% Verified: 12/6/2025 ↘︎ 0.20%90d Change | 4.60% Verified: 12/6/2025 Stable (90d) |
| Product Name | Savings Account | Pibank Savings |
| Minimum Deposit | $0 | $0 |
| 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 | iOS2.4 Android1.7 |
| BBB Rating | A+ | A |
| Next Steps |
Savings Comparison
Pibank earns $838.7 more than Ally Bank.
Ally Bank
Savings Account
Savings Breakdown
- Interest Earned+$1,987.10(9.9%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$19,987.10
Pibank
Pibank Savings
Savings Breakdown
- Interest Earned+$2,825.80(13.6%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,825.80
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Ally Bank | Pibank |
|---|---|---|
| Savings Account | Pibank Savings | |
Current APY | 3.30% | 4.60% |
Trend | Stable | Stable |
Velocity (bps/mo) | -4.1 | -0.0 |
Days Since Change | 36 | 295 |
10-Month High | 3.70% | 4.60% |
10-Month Low | 3.30% | 4.60% |
Adjustments / Mo | 0.41 | 0.00 |
Volatility Score | 0.036 | 0.000 |
How to read these metrics(Click to expand)
Compare Similar High-Yield Accounts
Compare Ally Bank vs...
Comparing against Standard Savings
Compare Pibank vs...
Comparing against Standard Savings
Higher Rates (With Checking)
Looking for something different? Check out these top-rated alternatives.