Kiplinger’s Personal Finance, July 2019 © The Kiplinger Washington Editors. Used under License.

Kiplinger’s Personal Finance, July 2019 © The Kiplinger Washington Editors. Used under License.

(January) The Ally Bank Online Savings Account has earned the Editor’s Pick Award in the category of Best Savings Account, No Fees or Minimums in GOBankingRates’ annual rankings. The account was chosen for its high annual percentage yield (APY) and no monthly maintenance fees or minimum balance requirement. Ally was picked Best Savings Account in 2018 as well.