All You Need to Know About Ally Bank Fees

iEditorial Note: These blog posts represent the opinion of DoNotPay’s Writers, but each person’s situation and circumstances vary greatly. As a result, you should make sure to do your own independent research. Because everyone is unique, our self-help tools are never guaranteed to help with any specific situation. DoNotPay is not a law firm and is not licensed to practice law. DoNotPay provides a platform for legal information and self-help.

Ally Bank Fees Easily Resolved

People don't usually consider their bank account to be an investment, but many checking accounts do earn interest. Unfortunately, that interest can be negated by monthly service fees. That is why Ally Bank doesn't charge a monthly service fee. It has also stopped charging overdraft fees. There are still some you will want to avoid, but they are limited.

When you are looking to resolve unwanted bank fees, it is best to get the help of someone who can deliver results. DoNotPay is an online application powered by artificial intelligence that quickly and easily contacts your bank to request that fees be removed. It has had fees waived successfully by many companies, including:

eBay feesRobinhood feesSpirit Airlines baggage feesEtsy feesAmerican Airlines baggage fees
Coinbase feesPaypal Seller feesHOA feesChase checking account feesShopify fees

Banking should never be a costly endeavor, and DoNotPay can help you make sure your money stays in your account.

How Much Does Ally Bank Charge per Transaction?

If you are withdrawing from a savings account, you are only allowed 6 withdrawals before Ally Bank charges an excessive transaction fee of $10, but there are no excessive transaction fees for checking accounts.

In other words, Ally bank does not charge a "per transaction" amount. There are a few to avoid.

Ally Bank Fees Explained

There are many things that Ally Bank does not charge a fee for. There is NO fee for:

  • overdrafts or non-sufficient funds
  • incoming wire transfers
  • monthly service

During COVID-19, Ally Bank is also refunding excessive transaction fees. There are a few other fees, such as:

  • Outgoing wire transfers
  • Foreign debit transactions

Ally Bank also offers overdraft protection, which will withdraw funds from other accounts if you overdraw your checking account.

Ally Bank does not charge an ATM fee, and it will reimburse up to $10 per month in ATM fees charged by other companies.

How to Avoid Fees

There aren't a lot of ways to avoid Ally Bank fees because there aren't a lot of ways to have fees charged. However, mistakes do happen, and some fees can be waived. The steps to avoiding Ally Bank fees are:

  1. Don't wire money to anyone.
  2. Don't make foreign purchases.
  3. Don't create too many transactions in your savings account.

Of course, some of these actions are difficult to avoid when you have a need to wire money or are traveling outside of the country.

Does Ally Bank Have Hidden Fees?

Ally Bank does not have any hidden fees, and the bank's goals seem aligned with eliminating as many fees as possible. Because of this, an account holder might be caught off-guard by the few fees that Ally Bank does have. These are not hidden, but an account holder should always become familiar with a bank's fee schedule.

How to Eliminate Ally Bank Fees on Your Own

If you are going to try to eliminate Ally Bank fees on your own, the best thing to do is contact customer service at 1(877)247-2559. The bank has people available 24/7 to help solve banking problems.

You can also log in to your online account and use the chat feature to voice your concerns to a representative. Of course, this starts off with a chatbot, so it can take some time to reach an actual person.

Next Step for Ally Bank Fees if You Can't Do It Yourself

If you find yourself in the unfortunate circumstance of accruing Ally Bank fees, and you cannot get ahold of anyone to solve your problem, DoNotPay can help. This online application uses AI to communicate with your bank and resolve issues such as unfair or erroneous fees.

Here's how you can use DoNotPay to appeal fees:

  1. Search "appeal fees" on DoNotPay, choose the Fight and Waive Fees product, and select the type of fee you want to appeal.

  2. Select the merchant you want to appeal fees for and enter the details of your transaction, including an associated account if you have one.

  3. Submit your case! DoNotPay will generate the best argument for your case and make sure your fee waiver request gets sent to the merchant for processing.

Why Use DoNotPay to Solve Ally Bank Fees

While it might be rare for an Ally Bank account holder to suffer fees associated with his or her account, it does happen. This can cause a lot of stress for the account holder and require a lot of time to resolve. The chat feature online might not be enough to handle the account fees, or you may have to navigate a complicated phone tree to get to a person qualified to waive the fees.

DoNotPay uses AI to communicate with your bank in a way that doesn't take any of your time. You simply give DoNotPay the information requested and wait for a response. DoNotPay is quick, easy, and successful. If you want your fees waived, DoNotPay is a surefire way to get that accomplished.

What Else Can DoNotPay Do?

The way that DoNotPay works allow it to help people with many areas of life that are unexpected. The AI-powered program can use the information provided by you to solve many problems. Some of these problems are detailed and complex. They may include:

Sign up for DoNotPay today, and find out how it can help solve many problems.

Want your issue solved now?