Ally vs. SoFi [2025]: More Account Options or Higher APYs
Ally and SoFi both offer strong APYs and nationwide ATM access. SoFi leads with higher APYs, while Ally offers CD options.
Both Ally and SoFi are online-only and offer significantly higher APYs than traditional banks. They have no account fees or minimums, but SoFi has higher rates and offers more deposit options.
Our fact-checking process verifies article information against primary sources, reputable publishers, and experts in the field.
- Ally and SoFi offer above-average APYs on their savings accounts.
- Both offer APYs on their checking accounts and a range of additional products.
- Access to thousands of fee-free ATMs nationwide, including 55,000+ ATMs within the Allpoint network.
We’ve partnered with Allpoint to provide you with ATM access at any of the 55,000+ ATMs within the Allpoint network.
Author's summary: Ally and SoFi compared for APYs and account options.