You can earn $100 from Ally Bank's widely available deposit bonus. Selected Ally Auto customers can earn $300 for a Spending account, while invited Ally Invest customers can earn up to $300 separately. A deposit bonus is cash Ally pays after you open an account and complete required deposits. The widely available $100 comes through the New Friends referral program for Savings or Spending accounts.
Table of Contents
- How does the $100 referral bonus work?
- Can you get $100 for both Savings and Spending?
- How does the $300 auto-customer bonus work?
- What about other $300 offers?
How does the $100 referral bonus work?
You must open through a friend's Personal Link. According to the Ally Bank referral page, the program pays new customers $100 after opening an eligible Savings or Spending account referral program details. For Savings, enroll by 12/31/2027 and open within 30 days.
Start a monthly automated recurring transfer or qualifying direct deposit within 30 days, then complete it monthly for three consecutive months. For Spending, fund the new account with any amount within 30 days. Then receive a qualifying direct deposit within 60 days of opening. According to the Ally Customer Referral Terms for New Friends, Ally pays the Spending bonus within 30 days after that deposit customer referral terms.
Can you get $100 for both Savings and Spending?
No. You can earn only one $100 referral welcome bonus. You must choose either Savings or Spending. That choice matters because the timelines differ.
Savings requires three consecutive monthly transfers or direct deposits. Spending requires one qualifying direct deposit within 60 days. Pick the account you will actually fund and use. A missed monthly transfer can delay or prevent the Savings payment.
How does the $300 auto-customer bonus work?
Selected Ally Auto customers can earn $300 for opening a first Spending account with code allyauto300 by 12/31/2026. You must be an Ally Auto customer when you open that first Spending account. According to the Ally Bank auto-customer offer page, the offer requires qualifying direct deposits totaling at least $1,000 per month for two consecutive months auto-customer cash offer.
The first $1,000 month must post within 60 days of opening. Ally pays within 30 days after the second qualifying month. This path suits workers with steady payroll deposits. Check these points before applying:.
- you are an Ally Auto customer at opening
- you are opening your first Spending account
- you can direct at least $1,000 per month for two months straight
What about other $300 offers?
A prior $300 Spending offer using promo code SPEND300 has ended. New applicants cannot enroll in it now. Ally Invest offers up to $300 separately.
It pays $200 for transferring $15,000 or more, or $300 for $30,000 or more, of external cash or securities within 30 days. That Invest offer is only for invited active Ally Bank or Auto customers without prior Ally Invest accounts. They must hold the balance about 180 days, so it is not a quick bank-account bonus.
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