Ally Bank vs. Vio Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Ally BankSavings Account Jan 7, 2026 | Vio BankOnline Savings Account Jan 7, 2026 |
|---|---|---|
| APY | 3.30% | 4.09% |
Est. Earnings | $5,000+$165 $10,000+$330 $25,000+$825 | $5,000+$205 $10,000+$409 $25,000+$1,023 |
Min Deposit | $0 | $100 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® Supported | FDIC InsuredLow MinimumsGreat iOS App |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.21% APY.
As of Ally Bank offers an APY of 3.30% for its Savings Account, with a minimum balance of $0, compared to Vio Bank's 4.09% APY for its Online Savings Account, with a minimum balance of $0.
Vio Bank pays $79 more than Ally Bank on a $10,000 balance after one year. Ally Bank pays $330, while Vio Bank pays $409 - an APY advantage for Vio Bank.
Why Ally Bank?
- ✓Higher rated Android app (4.4 vs 3.4)
- ✓Fast transfers via Zelle® (up to $5,000 a day)
Why Vio Bank?
- ✓Higher potential APY (4.09% vs 3.30%) on all balances
— Key Feature Differences —
Better Returns at $10,000
Vio BankVio Bank's Online Savings Account earns more on smaller deposits (approx. $409 vs $330/yr).
Better Returns at $25,000
Vio BankVio Bank's Online Savings Account pulls ahead with larger amounts (approx. $1023 vs $825/yr).
Best for Simplicity
Vio BankVio Bank's Online Savings Account offers 4.09% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Vio Bank's Online Savings Account pays $79 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.
Executive Summary as of
Vio Bank offers a competitive Online Savings Account with an APY of 4.09%, making it the clear winner compared to Ally Bank's Savings Account, which has an APY of 3.30%. Both accounts are online-only, require no maintenance fees, and have no direct deposit requirements. However, Vio Bank does require a minimum deposit of $100 to open the account. Vio Bank's higher yield is particularly beneficial for larger deposits, providing better returns at various thresholds. For those seeking a straightforward savings option without complex requirements, Vio Bank's offering stands out.
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
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Ally Bank vs. Vio Bank Savings Calculator
You earn $79 more with Vio Bank than Ally Bank 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
Vio Bank
Online Savings Account
Savings Breakdown
- Interest Earned+$409.00(3.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,409.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Ally Bank | Vio Bank |
|---|---|---|
| APY | 3.30% Verified: 1/7/2026 ↘︎ 0.10%90d Change | 4.09% Verified: 1/7/2026 - |
| Product Name | Savings Account | Online Savings Account |
| Minimum Deposit | $0 | $100 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $0 | $0, if electronic statements selected, otherwise $5 |
| 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 | iOS4.6 Android3.4 |
| Zelle® Support | Available Limit: $5,000/dayBenchmark for online Zelle; high limits. | Not Supported |
| BBB Rating | A+ | A+ |
| Next Steps | Visit SiteVerify at Ally Bank Non-sponsored link to official site | Visit SiteVerify at Vio Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Ally Bank | Vio Bank |
|---|---|---|
| Savings Account | Online Savings Account | |
Current APY | 3.30% | 4.09% |
Trend | Stable | Stable |
Velocity (bps/mo) | 0.0 | -2.6 |
Days Since Change | 54 | 1 |
2-Month High | 3.30% | 4.21% |
2-Month Low | 3.30% | 4.09% |
Adjustments / Mo | 0.00 | 1.09 |
Volatility Score | 0.000 | 0.005 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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