Yotta Savings vs ALLY BANK: Who wins?

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Let’s begin to talk about savings accounts. First of all, savings accounts are the place you want to save your money for like an emergency fund. It is a good place to park your money until needed. Let’s talk about two different savings accounts: Yotta savings vs Ally Bank.

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What is Yotta Savings:

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For every $25 you deposit, you will receive a 7 number ticket. Each night at around 9 p.m. there will be numbers drawn. This is called the Yotta ball. If you win this number you will win some money.

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How are these numbers picked?

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Ally Bank’s Savings Account:

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Pros:

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Cons: – Limited to 6 transfers or Withdrawals a month – 0.50% APY – No thrills or prizes like Yotta

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Swipe Up to read more about Yotta Savings vs Ally Bank

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Yotta Savings vs ALLY BANK: Who wins?

Read More

Let’s begin to talk about savings accounts. First of all, savings accounts are the place you want to save your money for like an emergency fund. It is a good place to park your money until needed. Let’s talk about two different savings accounts: Yotta savings vs Ally Bank.

Read More

What is Yotta Savings:

Yotta Savings is a savings account that features a game-like experience. They got the idea from the U.K. It makes savings like a lottery.

Read More

For every $25 you deposit, you will receive a 7 number ticket. Each night at around 9 p.m. there will be numbers drawn. This is called the Yotta ball. If you win this number you will win some money.

Read More

How does Yotta Savings Earn you money?

How are these numbers picked?

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Yotta uses a third party insurance company that chooses the number each night. It is totally random.

Read More

Ally Bank is an online bank that has it all. – They have checking accounts – There are savings accounts – Investing accounts – Money markets – CDs

Ally Bank

Ally Bank’s Savings Account:

Read More

Ally’s bank account is like a regular bank account. You can automate deposits from a checking account. The app is pretty straightforward with a great interface.

Pros:

– Full bank offerings – Investment Account – Automatic Savings – Great Customer Service

Read More

Cons: – Limited to 6 transfers or Withdrawals a month – 0.50% APY – No thrills or prizes like Yotta

Read More

Swipe Up to read more about Yotta Savings vs Ally Bank

Read More

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