Ally Bank vs. Upgrade
Compare rates, requirements, and features side-by-side to find the best option for you.
Ally Bank
Savings Account
3.30%APYDec 10, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Ally Bank
Savings Account
Upgrade
Premier Savings
3.05%APYDec 10, 2025FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Upgrade
Premier Savings
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.
Ally Bank vs. Upgrade Savings Calculator
Ally Bank earns $157.5 more than Upgrade.
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
Upgrade
Premier Savings
Savings Breakdown
- Interest Earned+$1,829.60(9.2%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$19,829.60
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing Ally Bank vs. Upgrade
Why Ally Bank?
- ✓Higher potential APY (3.30% vs 3.05%) on all balances
Why Upgrade?
No distinct advantages found vs Ally Bank.
— Key Feature Differences —
Better Returns at $10,000
Ally BankAlly Bank's Savings Account earns more on smaller deposits (approx. $330 vs $305/yr).
Better Returns at $25,000
Ally BankAlly Bank's Savings Account pulls ahead with larger amounts (approx. $825 vs $763/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 $25 more interest on a $10,000 balance than Upgrade's Premier Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary
Ally Bank offers a competitive Savings Account with an APY of 3.30%, making it the clear winner compared to Upgrade's Premier Savings, which has a lower APY of 3.05%. Both accounts require no minimum deposit and have no maintenance fees, but Ally Bank's account stands out for its higher returns on various deposit amounts. Additionally, there are no direct deposit requirements for either bank, and both are online-only options. For those seeking simplicity and better returns, Ally Bank's Savings Account is the preferred choice.
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.
Stop Losing Interest
See who beats both Ally Bank and Upgrade.
| Feature | Ally Bank | Upgrade |
|---|---|---|
| APY | 3.30% Verified: 12/10/2025 ↘︎ 0.20%90d Change | 3.05% Verified: 12/10/2025 ↘︎ 0.97%90d Change |
| Product Name | Savings Account | Premier Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $1,000 |
| 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 | iOS4.9 Android4.5 |
| BBB Rating | A+ | A+ |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Ally Bank | Upgrade |
|---|---|---|
| Savings Account | Premier Savings | |
Current APY | 3.30% | 3.05% |
Trend | Stable | Stable |
Velocity (bps/mo) | -4.3 | -10.6 |
Days Since Change | 40 | 39 |
10-Month High | 3.80% | 4.14% |
10-Month Low | 3.30% | 3.05% |
Adjustments / Mo | 0.47 | 0.28 |
Volatility Score | 0.040 | 0.105 |
How to read these metrics(Click to expand)
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