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Ally Invest Promotions of 2024

Review Updated
Cole Tretheway
Eric McWhinnie
Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures that our product ratings are not influenced by compensation. Terms may apply to offers listed on this page.

Ally likes to offer cash bonuses to Ally Bank and Auto customers. To make it easier for you to earn an Ally Invest promotion, we've collected the latest promos below.

No current Ally Invest promotions

Ally Invest has ended their latest promotion. There are no more available from this broker, but you can still check out the best broker bonuses competitors offer in our link below.

(Expired) New Account Bonus: Earn $100 by opening a new Ally Invest Self-Directed Trading or Robo Portfolio account

Ratings Methodology

Our Rating:

Rating image, 4.5 out of 5 stars.
4.5/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Bottom Line

Ally Invest impresses with $0 commissions and no account minimums. It's a great choice for those looking for an intuitive platform from which to make cheap trades.

Fees:

$0 stock and ETF trades

Account Minimum:

$0

Our Rating:

Rating image, 4.0 out of 5 stars.
4.0/5 Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Bottom Line

With competitive pricing, low minimums, and features such as automatic rebalancing, Ally Invest Robo Portfolios is a great choice for anyone without a lot of cash to spend.

Fees:

$0 per trade, management fee 0.30%, expense ratio 0.05%-0.20%

Account Minimum:

$100

How you earn it: Open a Self-Directed Trading or Ally Invest Robo Portfolios account with Ally Invest. Within 30 days, set up automatic transfers of $50 or more, once per month (or more) from another bank into your Ally Invest account. Following the third consecutive monthly transfer, keep your account open for another 30 days (at least).

How you qualify: Be a current Ally Bank or Ally Auto customer and receive this offer directly from Ally Invest.

Details: To earn this bonus, you must open an Ally Invest Self-Directed Trading or Ally Invest Robo Portfolios account. You can't earn this bonus by opening an IRA or a trust. The bonus remains $100 even if you open a joint account. Bonuses are paid directly into Ally Invest accounts, not sent via mail.

Account transfer fees can eat into outgoing brokerage transfers; Ally Invest addresses this by offering to pay up to $75 for your first ACAT transfer of $2,500 or more into your account. You get this $75 credit within 30 days of you showing Ally evidence that your prior stock broker charged you an outgoing transfer fee.

Transfers must be consecutive. So, keep your automatic transfers running (three times in a row) to earn this bonus. Starting and stopping your automatic transfers could disqualify you.

Offer expires: Expired

What else should you know about Ally Invest bonuses?

Online brokers like Ally Invest frequently update their promos, so it's worth checking in once a month to see if anything has changed. We track the latest Ally Invest promotions here.

Are Ally Invest promotions worth it?

Investors looking to switch brokers can find better bonuses elsewhere. Ally Invest does not currently have any active promotions.

Alternatives to Consider

We recommend comparing brokerage options to ensure the account you're selecting is the best fit for you. To make your search easier, here's a short list of our best trading platforms of 2024.

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FAQs

  • If you qualified for the bonus before it expired, it takes 30 days from your third monthly transfer into Ally Invest to receive the $100 New Account Bonus.

  • You can only get the New Account Bonus once, the first time you open an account.