Updated September 28, 2026 · SumCue Editorial Team
Ally Bank vs Revolut
Revolut
Ally Bank
Higher score in this comparison
Where Ally Bank and Revolut differ
| Compare | Ally BankReviewSee alternativesSee alternatives | RevolutReviewVisitVisit |
|---|---|---|
| Headline rate | 3.1% | 4%Higher |
| Minimum deposit | $0 | £0 |
| Deposit protection | FDIC insured (certificate 57803) | FSCS up to GBP 85,000 |
| Access terms | 10 limited withdrawals and transfers per statement cycle | Instant access via the Revolut app, fee-free withdrawals, no withdrawal limits |
| Monthly fee | $0 | £0 |
| Regulators | SEC, FINRA, FDIC | Cyprus Securities and Exchange Commission (CySEC), LT BL |
Same on both: Rate type (Variable), Account kind (Easy access).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- Ally Bank scores higher overall: 9.6 vs 9.2.
- Regulators: only Ally Bank offers SEC, FINRA, FDIC.
- Regulators: only Revolut offers Cyprus Securities and Exchange Commission (CySEC), LT BL.
- Founded is lower at Ally Bank: 1919 vs 2015.
- Revolut is licensed in 2 more countries.
- Revolut is available in 28 more countries.
- Headline rate is higher at Revolut: 4% vs 3.1%.
- Pricing model: only Ally Bank offers Commission free.
- Pricing model: only Revolut offers No monthly fee.
Our verdict on each
Ally Bank
Ally Bank suits US savers who want easy-access cash and self-directed investing in one place. Savings pay 3.1% at a variable rate, the brokerage side covers stocks, etfs and options, and the trading platform is ranked 1 of 166 brands on what a trade costs.
Revolut
Revolut suits people who want everyday banking, travel spending and easy-access savings in one app. Its debit account has a monthly fee of £0, a free ATM allowance of £200 and multi-currency, virtual-card and travel features, although its currency conversion fee can reach 0% to 2%.
Score breakdown
| Area | Ally Bank | Revolut |
|---|---|---|
| Cost | 9.4Account fee $0, inactivity fee $0 and stock trade fee $0, with savings paying 3.1%. | 9.4The debit account has a monthly fee of £0, while its currency conversion fee is 0% to 2%. |
| Offer | 9.6 | 9.8HigherThe offer includes multi-currency, virtual-card and travel features, plus a headline savings rate of 4%. |
| Trust | 9.8Higher | 8.5 |
Licences and countries
| Country | Ally Bank | Revolut |
|---|---|---|
| Cyprus | Not confirmed | Cyprus Securities and Exchange Commission (CySEC) MiCA CASP 549300ET4IUR6RCZOL84 |
| Lithuania | Not confirmed | LT_BL PSD_EMI LT_LT_BL_304940980 |
| United Kingdom | Not confirmed | |
| United States | FINRA 136131 FDIC FDIC cert 57803 | Not confirmed |
Available in 1 country for both. Additional countries for Revolut: 28.
Also worth a look
Finom has headline rate at 5%, against 3.1% for Ally Bank and 4% for Revolut.
Finom reviewSources behind this comparison
Ally Bank
- ally.com: 8 facts, checked September 26, 2026
- banks.data.fdic.gov: 3 facts, checked September 26, 2026
- files.brokercheck.finra.org: 1 fact, checked September 26, 2026
- y.gogonow.de: 1 fact, checked September 26, 2026
Revolut
- revolut.com: 8 facts, checked September 26, 2026
- esma.europa.eu: 3 facts, checked September 26, 2026
- en.wikipedia.org: 1 fact, checked September 26, 2026
- pocketwise.co.uk: 1 fact, checked September 26, 2026
How they place
| Ranking | Ally Bank | Revolut |
|---|---|---|
| Savings | 65 of 1492 | 22 of 1492 |
| Savings accounts | 47 of 658 | 14 of 658 |
| Investing | 53 of 654 | 139 of 654 |
| Robo-advisors | 8 of 154 | 3 of 154 |
Every fact side by side
| Fact | Ally Bank | Revolut |
|---|---|---|
| Pricing model | Commission free | No monthly fee |
| Legal entity | Ally Bank | Revolut Digital Assets (Europe) Ltd |
| Headquarters | United States | Cyprus |
| Founded | 1919Lower | 2015 |
| Support channels | Email, Chat, Phone, Help centre | Chat, Email, Phone, Help centre |
Robo-advisors
| Fact | Ally Bank | Revolut |
|---|---|---|
| Management fee | 0% to 0.3% | 0% |
| Minimum investment | $100 | Not confirmed |
| Investor protection | SIPC up to USD 500,000 | FSCS up to GBP 85,000 |
| Account types | Joint, IRA, Roth IRA | ISA, Joint |
| Portfolio types | ETF, ESG, Cash | ETF, Cash, Crypto |
Crypto exchanges
| Fact | Ally Bank | Revolut |
|---|---|---|
| Taker fee | Not confirmed | 0.09% |
| Coins listed | Not confirmed | 200 to 230 |
| Fiat deposit methods | Not confirmed | Card, Bank |
| Features | Not confirmed | Multi currency, Virtual card, Travel |
| Maker fee | Not confirmed | 0% |
| Withdrawal fee | Not confirmed | network fee plus service fee |
| Derivatives | Not confirmed | No |
| Exchange type | Not confirmed | Cex |
Credit cards
| Fact | Ally Bank | Revolut |
|---|---|---|
| Annual fee | Not confirmed | €0 |
| APR | Not confirmed | 13.34% to 17.99% |
| Currency conversion fee | Not confirmed | 0% to 2% |
| Rewards type | Not confirmed | Points |
| Rewards rate | Not confirmed | 1.5 points per EUR1 |
| Card kind | Not confirmed | Credit |
Loans
| Fact | Ally Bank | Revolut |
|---|---|---|
| Loan types | Not confirmed | Personal |
Where each stands against the rest
| Fact | Ally Bank | Revolut | Median |
|---|---|---|---|
| Headline rate | 3.1%below the median | 4%above the median | 3.3% |
Median across 710 listed providers.
Pros and cons
Ally Bank
Pros
- Savings pay 3.1% at a variable rate, a little above the site median of 3%.
- Trading covers stocks, etfs and options with a commission free model and a minimum deposit of $0.
- Cash is FDIC insured (certificate 57803), and investments are covered by SIPC up to USD 500,000.
Cons
- Savings access stops at 10 limited withdrawals and transfers per statement cycle, so a large emergency fund is awkward to hold here.
- Options are the exception to commission free trading, with a charge of $0.50.
- Robo portfolios charge a management fee of 0% to 0.3% and start at $100.
Revolut
Pros
- The debit account has a monthly fee of £0 and a free ATM allowance of £200.
- Savings offer instant access through the Revolut app, fee-free withdrawals and no withdrawal limits.
- The debit card includes multi-currency, virtual-card and travel features.
Cons
- Currency conversion fees can reach 0% to 2%, which may add cost when travelling or spending abroad.
- Crypto withdrawals carry network fee plus service fee.
- The savings rate is variable at variable, so the headline return may change.
Who each suits
Ally Bank
Who it suits
- US households, since the bank is headquartered in the United States and its savings pay 3.1%.
- First-time investors, who can start trading at $0 on a commission free model.
- Retirement savers, who can hold joint, IRA and Roth IRA accounts.
Who should look elsewhere
- CFI, for readers who want forex, contracts for difference or crypto: its markets are stocks, etfs and forex, against stocks, etfs and options here.
- bunq, for euro savers who prefer an account in euros, since its minimum deposit is set at €10.
- Fiesta Credito MX, for readers in Mexico who want a lender regulated by CONDUSEF rather than SEC, FINRA and FDIC.
Revolut
Who it suits
- People who use Revolut for everyday spending and travel.
- Savings users wanting app-based easy access with fee-free withdrawals.
- Customers who want debit, credit, savings, investing and crypto services together.
Who should look elsewhere
- Wise users prioritising a lower stated currency conversion fee of 0.1%.
- Varo Believe Secured Credit Card users seeking a secured credit card rather than Revolut's debit and credit products.
- bunq users focused on comparing the stated monthly fee of €0 against Revolut's fee.
Country by country
| Country | Ally Bank | Revolut |
|---|---|---|
| Austria | No | Yes |
| Belgium | No | Yes |
| Bulgaria | No | Yes |
| Croatia | No | Yes |
| Cyprus | No | Yes |
| Czechia | No | Yes |
| Denmark | No | Yes |
| Estonia | No | Yes |
8 of 29 countries where either is available.
Questions about each
Ally Bank
What does it cost to keep an account open?+
The brokerage account fee is $0 and the online savings account carries a monthly fee of $0. The inactivity fee is also $0, so an unused account is not quietly charged. The one regular trading charge is on options, at $0.50.
Is there a minimum deposit to start?+
Self-directed trading opens at a minimum deposit of $0, and Ally Bank ranks 1 of 218 brands on that measure. Automated investing is the exception, with a minimum investment of $100 before the first purchase.
Revolut
What is Revolut's debit card monthly fee?+
Revolut's debit account has a monthly fee of £0. The card is a debit card on the Visa network, with multi-currency, virtual-card and travel features included in the stated offer.
How much can I withdraw from Revolut ATMs?+
The stated free ATM allowance is £200. Revolut is ranked 15 for this measure among 124 listed brands.
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Revolut
Ally Bank