Comments on: Ally Bank Accounts Fully Functional, But …

By: Issues with Ally Bank [Bank Reviews]

Issues with Ally Bank [Bank Reviews] — Tue, 14 Jul 2009 05:11:55 +0000

[...] talked about Ally Bank quite a lot recently, from my decision to open an account with the bank, to troubles when trying to get a second account, to eventually leaving the bank after only two weeks. It wasn’t a good experience for me, [...]

By: What a Mess!

What a Mess! — Thu, 09 Jul 2009 03:53:00 +0000

[...] Thursday, I opened an Ally Bank 9-month No Penalty CD account. However, due to some errors in the process, I ended up opening two accounts, not just one as I [...]

By: Lulu

Lulu — Wed, 08 Jul 2009 15:39:06 +0000

I tried to open a savings account with them after creating the 9 month cd and saw the whole rigmarole about opening as a new customer so I just gave up.

It was too frustrating to do all of that over again but I am glad you said there is an option to find it…even though it is hidden.

By: Money Hacks Carnival, Staying Cool Edition | The Personal Finance Playbook

Money Hacks Carnival, Staying Cool Edition | The Personal Finance Playbook — Wed, 08 Jul 2009 12:42:22 +0000

[...] presents Ally Bank Accounts Fully Functional, But … posted at Earn More Invest Wisely at The Sun’s Financial [...]

By: SunFinancial (Suns Financial Diary)

SunFinancial (Suns Financial Diary) — Fri, 03 Jul 2009 07:03:06 +0000

RT @billgfallon: RT @bankdealsblog: Ex. of Ally Bank’s CD app. complications @ http://tinyurl.com/neq528 RT @SunFinancial http://tr.im/ntvb

By: billgfallon (Bill Fallon)

billgfallon (Bill Fallon) — Fri, 03 Jul 2009 03:37:44 +0000

RT @bankdealsblog: Ex. of Ally Bank’s CD app. complications @ http://tinyurl.com/neq528 RT @SunFinancial My acct. review @ http://tr.im/ntvb

By: Sun

Sun — Fri, 03 Jul 2009 03:26:42 +0000

Ken: I can totally understand why banks won’t allow me to add new money to an existing CD because the term and rate may not be the same, even though in this case the rate doesn’t change. However, I was frustrated by the process. My first application didn’t complete, but a new account was still opened. Also the fact that they have the function to modify a transfer, but didn’t allow me to do so even made me more unhappy. It seems that I can only edit or delete the transfer if it is scheduled, say, to start at a different date. If no specific date is specified, then there’s no way to change it. I am surprised that many other banks, like HSBC, Dollar Savings Direct, IGoBanking do allow me to change, but not Ally. Not sure if the restriction is particular to CD account or not, but I doubt that’s the case.

By: bankdealsblog (Ken)

bankdealsblog (Ken) — Fri, 03 Jul 2009 02:15:31 +0000

Example of Ally Bank’s CD application complications @ http://tinyurl.com/neq528 RT @SunFinancial My account review @ http://tr.im/ntvb

By: SunFinancial (Suns Financial Diary)

SunFinancial (Suns Financial Diary) — Fri, 03 Jul 2009 00:21:05 +0000

Ally Bank Accounts Fully Functional, But …: I just had an argument with the bank that doesn’t make me feel.. http://tinyurl.com/neq528

By: Ken

Ken — Thu, 02 Jul 2009 21:11:54 +0000

It’s rare for banks to allow you to make additional deposits into a CD. There are a few add-on CDs out there, but not many. It is a nice feature that provides protection against falling rates.

GMAC Bank’s CD interface wasn’t that good, and it appears they haven’t made any improvements with their website change. The ACH transfers may be treated a little different for CD applications vs. savings account debits/withdrawals.