Updated October 17, 2026 · SumCue Editorial Team
Ally Bank vs Revolut UK
Revolut UK
Ally Bank
Higher score in this comparison
What sets them apart
| Compare | Ally BankReviewSee alternativesSee alternatives | Revolut UKReviewVisitVisit |
|---|---|---|
| Minimum deposit | $0 | £0 |
| Regulators | SEC, FINRA, FDIC | Cyprus Securities and Exchange Commission (CySEC), LT BL, SIPC |
| Investor protection | SIPC up to USD 500,000 | EU ICS up to EUR 20,000 |
| Account types | Joint, IRA, Roth IRA | ISA, Joint |
| Stock trade fee | $0 | Not confirmed |
| Account fee | $0 | Not confirmed |
| Inactivity fee | $0 | Not confirmed |
| Markets | Stocks, ETFs, Options, Funds, Bonds | Not confirmed |
| Currency conversion fee | Not confirmed | 0% to 2% |
| Options contract fee | $0.50 | Not confirmed |
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 9.4.
- Regulators: only Ally Bank offers SEC, FINRA, FDIC.
- Regulators: only Revolut UK offers Cyprus Securities and Exchange Commission (CySEC), LT BL, SIPC.
- Founded is lower at Ally Bank: 1919 vs 2015.
- Revolut UK is licensed in 2 more countries.
- Account types: only Ally Bank offers IRA, Roth IRA.
- Account types: only Revolut UK offers ISA.
- Pricing model: only Ally Bank offers Commission free.
- Pricing model: only Revolut UK offers No annual 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 UK
For readers in the UK managing everyday money and investing in one place, Revolut UK works as a broker linked to app based accounts and cards. It suits people who want easy access savings alongside joint and ISA options with multi currency and investing choices.
Score breakdown
| Area | Ally Bank | Revolut UK |
|---|---|---|
| Cost | 9.4Account fee $0, inactivity fee $0 and stock trade fee $0, with savings paying 3.1%. | 9.7Higher |
| Offer | 9.6Higher | 9.5 |
| Trust | 9.8Higher | 9.1 |
Pick Ally Bank if, pick Revolut UK if
Pick Ally Bank if trust matter most.
Pick Revolut UK if cost matter most.
How they place
| Ranking | Ally Bank | Revolut UK |
|---|---|---|
| Savings | 65 of 1492 | 46 of 1492 |
| Savings accounts | 47 of 658 | 32 of 658 |
| Investing | 53 of 654 | 50 of 654 |
| Robo-advisors | 8 of 154 | 5 of 154 |
Sources behind this comparison
Ally Bank
- ally.com: 7 facts, checked September 26, 2026
- banks.data.fdic.gov: 2 facts, checked September 26, 2026
- files.brokercheck.finra.org: 2 facts, checked September 26, 2026
- brokerchooser.com: 1 fact, checked September 26, 2026
- fxleaders.com: 1 fact, checked September 26, 2026
Revolut UK
- revolut.com: 5 facts, checked September 26, 2026
- esma.europa.eu: 4 facts, checked September 26, 2026
- moneytothemasses.com: 2 facts, checked September 26, 2026
Every fact side by side
| Fact | Ally Bank | Revolut UK |
|---|---|---|
| Features | Not confirmed | Multi currency, Virtual card, Travel |
| Pricing model | Commission free | No annual fee |
| Legal entity | Ally Bank | Revolut Digital Assets (Europe) Ltd |
| Headquarters | United States | Cyprus |
| Founded | 1919Lower | 2015 |
| Support channels | Email, Chat, Phone, Help centre | Email, Chat, Phone, Help centre |
Savings
| Fact | Ally Bank | Revolut UK |
|---|---|---|
| Headline rate | 3.1% | 4%Higher |
| Rate type | Variable | Variable |
| 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 |
| Account kind | Easy access | Easy access |
Robo-advisors
| Fact | Ally Bank | Revolut UK |
|---|---|---|
| Management fee | 0% to 0.3% | 0% |
| Minimum investment | $100 | Not confirmed |
| Portfolio types | ETF, ESG, Cash | ETF, Cash, Crypto |
Credit cards
| Fact | Ally Bank | Revolut UK |
|---|---|---|
| Annual fee | Not confirmed | €0 |
| APR | Not confirmed | 13.34% to 17.99% |
| Rewards type | Not confirmed | Points |
| Rewards rate | Not confirmed | 1.5 points per EUR1 |
| Card kind | Not confirmed | Credit |
Debit cards
| Fact | Ally Bank | Revolut UK |
|---|---|---|
| Free ATM withdrawals | Not confirmed | £200 |
| Card type | Not confirmed | Debit |
| Card network | Not confirmed | Visa |
| Currencies | Not confirmed | 160 |
Where each stands against the rest
| Fact | Ally Bank | Revolut UK | Median |
|---|---|---|---|
| Stock trade fee | $0at the median | Not confirmed | $0 |
| Account fee | $0at the median | Not confirmed | $0 |
| Inactivity fee | $0at the median | Not confirmed | $0 |
| Currency conversion fee | Not confirmed | 0% to 2%below the median | 0.4 |
| Options contract fee | $0.50below the median | Not confirmed | $0.65 |
Median across 94 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 UK
Pros
- Easy access account opened and managed through the Revolut app
- Joint and ISA account choices alongside ETF, cash and crypto portfolios
- Multi currency handling with virtual card support for travel spending
Cons
- Investments carry risk, and the value of holdings can fall as well as rise.
- Investing happens on an execution only basis, so every decision rests with the investor.
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 UK
Who it suits
- People combining savings, cards and investing in one app
- Travellers handling more than one currency day to day
Who should look elsewhere
- Investors who want a firm to recommend which shares to buy.
- People who want only a traditional bank with local branches.
Country by country
| Country | Ally Bank | Revolut UK |
|---|---|---|
| United States | Yes | No |
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 UK
Which products does Revolut UK cover as a broker?+
Revolut UK covers brokerage with easy access savings alongside joint and ISA account types. Portfolios include ETF, cash and crypto holdings. Card use includes debit and credit options with virtual card support.
Who is Revolut UK suited to?+
It suits people who prefer managing savings and investing through an app. Multi currency features and travel support help everyday use abroad. Joint account choices also support shared household money.
Other options to compare
Other matchups
Revolut UK
Ally Bank