Ally Bank Referral Promotion: Get $50, Give $125 Sign Up Bonus – Ended

This offer has expired. Find active bank bonuses here, such as this $500 welcome bonus from BMO Bank.

Ally is offering a $125 sign up bonus. To earn up to a $125 cash bonus, enroll and open a new Ally Bank Savings Account by 3/1/2024, deposit new money by 3/25/2024, and keep it in the account until 7/15/2024, with the bonus paid by 7/31/2024.

Recent Updates:

• Update 4/20/2024: The offer has not returned.
• Update 3/6/2024: This offer has ended, we’ll update you when it returns.
• Update 1/23/2024: The offer is back through March 1, 2024. The sign up bonus increased from $100 to $125.
• Update 12/20/2023: The offer has ended. But there are plenty of other bank bonuses that you can get, including this offer from BMO Bank for up to $400.

About Ally Bank Referral Bonus – Ended

Note: This offer has ended. When it returns, we’ll update this post.

Ally Bank is offering a limited time referral promotion that rewards new customers for starting their savings journey with them. By enrolling and opening a new Ally Bank Savings Account by March 1, 2024, and following a few simple steps, you can earn a generous 0.50% cash bonus on your new deposits. This unique opportunity is designed to enhance your savings potential with up to a $125 bonus, making it the perfect time to kickstart your financial goals with Ally Bank.

To qualify for the bonus, the person being referred must receive a direct deposit within 60 days of signing up.

See the bottom of this page for more offers.

READ MORE: GET TOP OFFERS FROM CHASE, AXOS, AND BMO.

Offer Details

• Enroll and open a new Ally Bank Savings Account by 3/1/2024.
• Enter the same email address for enrollment and account opening.
• Deposit new money from another financial institution by 3/25/2024.
• Account must be funded within 30 days of opening or it will be closed.
• Eligible for a 0.50% cash bonus on new deposits, up to a maximum of $25,000 (maximum $125 bonus).
• Keep the deposited money in the account through 7/15/2024 to earn the cash bonus.
• Cash bonus will be deposited into the Savings Account by 7/31/2024.

Current account holders are welcome to share referral details in the comments below. Here are a few you can try for the sign-up offer:

• Referral link 1
• Referral link 2
• Referral link 3

Bottom Line

Ally Banking typically doesn’t frequently provide signup bonuses, making this offer quite appealing.

Given its invite-only pilot nature, it’s likely Ally will eventually launch a referral program for all.

See More:

• Best Socially Responsible & Ethical Banks January 2025
• Ally Bank Money Market Account Earns 3.85% APY (Nationwide)
• Ally Bank Referral & $100 Welcome Bonus – Ends 12/31/24
• Ally Invest $100 Bonus for Self-Directed Trading Account [Targeted] – Ends 12/31/24
• Ally “Saving for That Ad” Sweepstakes (Win Prizes Up to $65,000!) – Ends 2/15/24
• Ally Bank Bonus: $100 Checking Bonus From Swagbucks
• Earn Up To 5.15% APY: Ally Bank’s Best Online CD Account Rates (Available Nationwide)
• Ally Bank Checking/Savings Account $250 Bonus Promo Code ALLYAUTO1 Auto Loan Customers (Nationwide) – Ends 12/31/23
• Ally Bank Checking Account $200 Bonus Offer (Nationwide) – Ended
• Ally Bank Savings Account Up To $500 Bonus (Nationwide) – Ended
• Ally Credit Cards Launch: Unlimited Cash Back, Everyday Cash Back, Platinum Mastercard

READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.