Ally Bank provides you with a debit card, which you can use to get cash back from a regular purchase transaction.
You can also use an ATM card to access cash from any Allpoint ATM in the U.S.
Fees for using out-of-network ATMs are reimbursed for up to $10 per statement cycle.
How do I withdraw from Ally Bank?
Because the online savings account is part of your IRA with Ally, you will need to request a distribution. To do this, you can either log in to online banking and complete the distribution request, call us 24/7 at 877-247-2559, or complete and mail in the Distribution Form.
Can you deposit cash with Ally Bank?
We don’t accept cash deposits. However, there are several ways you can make a deposit into your account.
Does Ally Bank have physical locations?
Put simply, direct banks like Ally Bank don’t have physical branch locations. Instead, customers do all their banking online, over the phone or through the mail. In the case of Ally, we’re able to offer our customers competitive rates and low fees on our savings accounts, checking accounts and CDs.
How much can I withdraw from Ally savings?
You can make six withdrawals and transfers per statement cycle from your Online Savings Account. The limit is set by federal law for electronic and telephone transactions from all U.S. savings and money market accounts.