New Ally CashBack Credit Card

[mattmyFIC0]

I bank with Ally and saw this on their site today: https://www.ally.com/bank/cash-back-credit-card/

Seems like the extra bonus is decent if you bank with them but it's still not that amazing. The card is issued by TD Bank, which I find interesting.

[baller4life]

Interesting if you have a deposit account. I used to keep my EF there. But, moved it to Alliant since their share savings had same rate. I still have a few coins at Ally. That 10% cashback looks pretty sweet!

[longtimelurker]

Well, that makes it 2.2% on gas/groceries and 1.1% on everything else, if you deposit in Ally, so not very compelling at all IMO as many cards are better

[kdm31091]

The 10 percent bonus seems basically meaningless because it still doesn't make the earn rates competitive or attractive IMO.

[ScoreOrBeScored]

This want take off... Only good for those with Ally account.

[longtimelurker]

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@ScoreOrBeScored wrote:

This want take off... Only good for those with Ally account.

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And not very good for them

[baller4life]

My math is off this morning. Need coffee!

[ScoreOrBeScored]

************************************CASTING CALL*****************************************

calling all GP's !!!! GP's needed ... We're looking for files from all walks of life .

offering $100 if approved

quick app process .......

[Gmood1]

Lol.. I wondered why they never offered cards. I still bank with them. Even though they aren't my go to anymore.

[CreditMagic7]

[ if approved for an Ally CashBack Credit Card, you may receive a credit card account (an "Account") with a minimum credit line of $500 or more. If you apply and are approved, you will receive either a Signature Visa card if your approved account credit limit is $5,000 or greater or a Platinum Visa card if your approved account credit limit is less than $5,000. Both Signature and Platinum cards have the same terms and conditions, however the Signature card comes with added Visa Signature benefits such as complimentary 24/7 concierge, access to exclusive events, special shopping perks and more. ]