Ally Bank vs. Vio Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of Ally Bank vs. Vio Bank
Key Metrics at a Glance
| Feature | Ally Bank | Vio Bank |
|---|---|---|
| Top Savings APY | 3.30% Savings Account | 4.21% Online Savings Account |
| Minimum to Open | $0 | $100 |
| Minimum Balance for Top APY | $0 | $0 |
Ally Bank
Strengths
- Ally Bank offers a $0 minimum deposit requirement for its Savings Account.
- Ally Bank has a higher App Store rating of 4.7 compared to Vio Bank's 4.6.
- Ally Bank has no maintenance fees for its Savings Account.
Potential Drawbacks
- Ally Bank's current APY is lower at 3.30% compared to Vio Bank's 4.21%.
- Ally Bank's APY decreased from 3.40% over the last 30 days.
Vio Bank
Strengths
- Vio Bank provides a higher current APY of 4.21% for its Online Savings Account.
- Vio Bank is BBB Accredited, enhancing its trustworthiness.
Potential Drawbacks
- Vio Bank requires a minimum deposit of $100 to open an Online Savings Account.
- Vio Bank has a lower Google Play rating of 3.3 compared to Ally Bank's 4.3.
→ As of November 12, 2025 Ally Bank offers an APY of 3.30% for its Savings Account, with a minimum balance of $0, compared to Vio Bank's 4.21% APY for its Online Savings Account, with a minimum balance of $0.
→ Vio Bank yields $91 more than Ally Bank on a $10,000 balance after one year. Ally Bank pays $330, while Vio Bank pays $421 - an APY advantage for Vio Bank.
Calculate Savings Growth for Ally Bank vs Vio Bank
Ally Bank - Savings Account
Total savings breakdown:
- Interest earned: $1,987.1 (9.94%)
- Total contributions: $13,000 (65.04%)
- Initial deposit: $5,000 (25.02%)
Your total balance
$19,987.10
Total balance: $19,987.1
Earnings: $1,987.1
Bank OverviewVio Bank - Online Savings Account
Total savings breakdown:
- Interest earned: $2,570.8 (12.50%)
- Total contributions: $13,000 (63.20%)
- Initial deposit: $5,000 (24.31%)
Your total balance
$20,570.80
Total balance: $20,570.8
Earnings: $2,570.8
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Ally Bank's total earnings would be $583.7 lower than Vio Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Ally Bank's vs Vio Bank's Savings Accounts
| Ally Bank | Vio Bank | ||
|---|---|---|---|
| Product | Savings Account | vs | Online Savings Account |
| APY | 3.30% (as of 11/12/2025) | 4.21% (as of 11/12/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | Daily | |
| Minimum Deposit | $0 | $100 | |
| Minimum Balance for APY | $0 | $0 | |
| Maintenance Fee | $0 | $0, if electronic statements selected, otherwise $5 | |
| Direct Deposit Required | No | No | |
| App Store Rating | 4.7/5 | 4.6/5 | |
| Google Play Rating | 4.3/5 | 3.3/5 | |
| BBB Rating | A+ | A+ |
No historical data available.