I currently have a checking account, savings account, and 15 month CD with a local bank. I've been looking at other options recently, and it looks like Ally has better interest rates, especially for emergency funds that I have in savings. Since I don't want totally get rid of everything from my local bank (it would be a hassle, plus I can't b/c of the CD), does it make sense for me to open up a new account with Ally for savings and then get rid of my savings account at my local bank? Is there something else I should consider?
Also, It looks to me like the Ally credit card is also better than the one I currently have through my local bank. Does anyone have experience with the Ally card? I currently just have the one from my local bank but I am not opposed to having two and putting small reoccurring purchases on the local bank card since Ally has better rewards. This would help boost my credit score too I think.
Submitted February 25, 2019 at 12:13PM by stanley_themanley https://ift.tt/2H2o9mB
