Author Topic: Ally Banking 1% extra back up to $1,000 on new money deposited  (Read 1958 times)

HBFIRE

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Ally Banking 1% extra back up to $1,000 on new money deposited
« on: October 16, 2018, 11:03:12 PM »
This is ~ 5% back for a couple months, not counting the regular interest earned.  Not bad.

https://allypaybacktime.com/

- Available for existing customers - just need to deposit "new" money

- Ally account is a soft pull

- Savings Account @ 1.90%


Qualifying funds must remain in the eligible account(s) from 11/05/18 until 1/15/19. Any withdrawals prior to 1/15/19 may reduce the qualifying funds total, thereby reducing Cash Bonus payout.

MountainTown

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Re: Ally Banking 1% extra back up to $1,000 on new money deposited
« Reply #1 on: October 17, 2018, 12:57:18 AM »
Shoot...I just moved a couple cd's but hadn't enrolled in this. Any idea if they will make it retroactive? Luckily they are no penalty CD's so I could break them out and just put in new ones?

If I'm reading this right I could potentially make $500 of that(it's $50k)

chemistk

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Re: Ally Banking 1% extra back up to $1,000 on new money deposited
« Reply #2 on: October 17, 2018, 05:42:26 AM »
This is ~ 5% back for a couple months, not counting the regular interest earned.  Not bad.

https://allypaybacktime.com/

- Available for existing customers - just need to deposit "new" money

- Ally account is a soft pull

- Savings Account @ 1.90%


Qualifying funds must remain in the eligible account(s) from 11/05/18 until 1/15/19. Any withdrawals prior to 1/15/19 may reduce the qualifying funds total, thereby reducing Cash Bonus payout.

Thanks for calling this out! I wasn't aware of the promotion.

terran

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Re: Ally Banking 1% extra back up to $1,000 on new money deposited
« Reply #3 on: October 17, 2018, 05:46:13 AM »
Shoot...I just moved a couple cd's but hadn't enrolled in this. Any idea if they will make it retroactive? Luckily they are no penalty CD's so I could break them out and just put in new ones?

If I'm reading this right I could potentially make $500 of that(it's $50k)

From what I've see n they seem to be making it pretty clearing that withdrawing and putting back won't work as they will compare the balance on 10/8 to the ending balance, but you could call and ask if it's retroactive if you sign up after making the deposit. Seems likely for the same reason that withdrawing and redepositing probably won't work.

RWD

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Re: Ally Banking 1% extra back up to $1,000 on new money deposited
« Reply #4 on: October 17, 2018, 07:02:54 AM »
Thanks for the heads up!

HeadedWest2029

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Re: Ally Banking 1% extra back up to $1,000 on new money deposited
« Reply #5 on: October 17, 2018, 09:06:30 AM »
This is well timed. 4.8% APY of risk-free interest.  Thanks for the heads up!

HBFIRE

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Re: Ally Banking 1% extra back up to $1,000 on new money deposited
« Reply #6 on: October 17, 2018, 09:14:08 AM »
Shoot...I just moved a couple cd's but hadn't enrolled in this. Any idea if they will make it retroactive? Luckily they are no penalty CD's so I could break them out and just put in new ones?

If I'm reading this right I could potentially make $500 of that(it's $50k)

I would call to ask, some on boggleheads have had success calling in with this situation.
« Last Edit: October 17, 2018, 09:15:46 AM by dustinst22 »

sisto

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Re: Ally Banking 1% extra back up to $1,000 on new money deposited
« Reply #7 on: October 17, 2018, 10:36:39 AM »
Shoot...I just moved a couple cd's but hadn't enrolled in this. Any idea if they will make it retroactive? Luckily they are no penalty CD's so I could break them out and just put in new ones?

If I'm reading this right I could potentially make $500 of that(it's $50k)

I would call to ask, some on boggleheads have had success calling in with this situation.
I'm going to give them a call, I'm in this same boat. Just cashed out a CD with my CU and transferred the funds to Ally.