2024 Ally High Yield Savings Review: Worth it? Pros Cons 😨
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- Опубліковано 5 чер 2024
- 🏦 Ally Checking & Savings: alexisidro.com/ally
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We review the Ally bank high yield savings account (HYSA); pros, cons, benefits, and whether it's one of the best high yield savings accounts of 2024.
A few notes: Today, we dive deep into the features, benefits, and considerations of the Ally Bank High Yield Savings Account in this comprehensive review. Learn why this high-yield savings account may be the perfect place for your money, from its impressive interest rates to its user-friendly platform. With insights on my experience and features, this video provides valuable information for anyone looking to boost their savings. Don't miss out on our Ally review for the inside scoop on high-yield savings accounts, which can help you improve your personal finance.
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Thank you for watching, and I hope you have a wonderful rest of your day!
- Alex
Times:
0:00 Start here
0:18 Context (important)
1:10 First of all, is a HYSA for you?
2:26 What to look for in a high yield savings account
4:31 Ally high yield savings BEST features
15:35 Ally high yield savings PROS and CONS
17:50 Is ally for YOU?
New to the channel? Hello! My name is Alex. Welcome.
I’m a father, husband, engineering professional and online entrepreneur/content creator based in the Washington, DC area.
I have 11+ years of professional experience as an engineer, and four years+ of social media (15,000+ subscribers in the channels I own), and I’ve been a career consultant and mentor for the last four years. I’ve helped clients get jobs in different industries and get them into high profile organizations like Amazon, Northrop Grumman, and Government.
I have a passion for helping people achieve their goals and dreams, and as someone who never had a mentor, it is my goal to be that person for you. I share content to help people improve their mindset, and make better career, financial, online business, and life decisions.
Every piece of content I share is based on experience, insight, research, and/or observations.
My mission is simple: leave this world better than when I arrived. LFGO!
DISCLAIMER:
I am not a financial advisor. The ideas presented in this video are for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make.
Furthermore, some of the card or bank links and other products that appear on this website may be from companies for which Alex Isidro will earn an affiliate commission or referral bonus. This means that if you click on one of the product links, I may receive a commission. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.
My opinions and reviews are my own personal views and are not influenced by whether or not I earn a commission. I only recommend products I've used or which I would recommend to my mom! :)
Hello everyone! If you're a parent, beginner in personal finance, who's working to get your finances in order and need help with your financial planning, so you can build your wealth, and achieve financial security, stability, and freedom, message me on IG @thealexisidro (I'm currently doing research and would love to know how I could help you/challenges you are dealing with, and in exchange for your input, I will answer any questions you have). instagram.com/thealexisidro/
Do they send you a check card or something to withdraw from ATM? What is the ATM withdrawal limit? Is there a monetary withdraw amount on transfers from one financial institution to another? Is there a way to elect beneficiaries if you should pass? Thanks
Thanks for the question. They give you an ATM card if you open the checking. For more details, I would check the Ally website itself for all the info! :)
People can either add a joint account holder or add a POD to designate who gets the account should the account holder pass away.
Is this for the revocable trust portion?
@@alexisidro No, but the way you discussed it might lead people to believe they need a revocable trust in place to specify what should happen to the account upon their death.
I gotcha, thanks! Will be more careful next time. I appreciate the feedback.
how do you feel about an american express savings account with a 4.25 % APY?
Good reputation, established. Not the highest APY out there, but I think it's a good option.
If you can’t deposit cash into a savings account, can you deposit a money order?
A money order gets deposited the same way as a check, so I would say yes.