Ally Bank is wiping out customers' negative balances so they can receive their full stimulus payment

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5. Ally is rated the best US online bank by multiple rating sites, including The Balance

https://www.thebalance.com/best-online-banks-4165693

Ally Bank: Best Overall

When choosing an online bank, there are numerous excellent choices. Ally Bank stands out with a broad lineup of offerings, competitive rates, and high scores on banking surveys such as the J.D. Power 2019 Direct Banking Satisfaction Study.1

If you want interest earnings, it’s easy to open an interest checking account, high-yield savings account, a money market account, or CDs at Ally—and there’s no minimum required.2 The rates might not be the highest online, but they’re consistently competitive.

Ally Bank accounts charge no monthly fees, and transactions at Allpoint ATMs in the U.S. are also free. You can open online savings accounts, interest-bearing checking accounts, CDs, money market accounts, IRAs, or use any combination of those services for one-stop shopping.

Ally Bank’s CDs are known for being flexible and have competitive rates. For example, the Raise Your Rate CD gives you the chance to increase your rate once during your term if Ally’s rates go up, so you won’t miss out on earning more while your money is tied up. Ally also offers ways to invest and potentially grow your money through ETFs, mutual funds, bonds, and options.