Please ensure Javascript is enabled for purposes of website accessibility

This device is too small

If you're on a Galaxy Fold, consider unfolding your phone or viewing it in full screen to best optimize your experience.

Skip to main content
Advertiser Disclosure Many of the offers that appear on this site are from companies from which The Motley Fool receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear), but our reviews and ratings are not influenced by compensation. We do not include all companies or all offers available in the marketplace.
    |    Accessibility Options

Ally Invest Promotions of 2024

Review Updated
Cole Tretheway
By: Cole Tretheway
Cole Tretheway
Cole Tretheway

Cole Tretheway is a full-time personal finance writer whose articles have been featured on The Ascent and The Motley Fool. He has a degree in English with a Certificate in Professional and Technical Communication from California Polytechnic University, SLO.

See Full Bio

Our Brokerages Expert

Eric McWhinnie
Check IconFact Checked Eric McWhinnie
Eric McWhinnie
Eric McWhinnie

Eric McWhinnie has been writing and editing digital content since 2010. He specializes in personal finance and investing. He also holds a bachelor’s degree in Finance.

See Full Bio

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 our experts’ opinions aren’t influenced by compensation. Terms may apply to offers listed on this page.

You can earn a $100 bonus if you're already an Ally customer. To make it easier for you to earn an Ally Invest promotion, we've collected the latest promos below.

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

Ratings Methodology
Award Icon 2024 Award Winner
Ally Invest

Ally Invest

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

Read Review
Ally Invest Robo Portfolios

Ally Invest Robo Portfolios

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

Read Review

How you earn it: Open a Self-Directed Trading or Robo Portfolio account with Ally Invest. Within 30 days, set up automatic transfers of $50 or more, three times per month (or more) from another bank into your Ally Invest account. Keep your account open for 30 days following your third deposit.

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. Ally Invest deposits this $75 credit into your account within 30 days of you showing it evidence that your current stock broker charged you an outgoing transfer fee.

Offer expires: Dec. 31, 2024.

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 year to see if anything has changed. We track the latest Ally Invest promotions here.

Are Ally Invest promotions worth it?

The Ally Invest new account bonus is worth considering if you're a current Ally Bank or Auto customer. The bonus is generous for new accounts, especially since you only have to transfer $150 to the account to earn it. That's a quick 50%-plus boost to your deposit. However, big-balance investors looking to switch brokers can find better bonuses elsewhere. Other stock brokers offer bigger bonuses on transfers from other banks. The ceiling on these bonuses is much higher -- better for customers with six-digit balances.

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.

Account Fees Account Minimum
Logo for SoFi Active Investing
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
$0 for stocks, $0 for options contracts $0
Open Account for SoFi Active Investing
Logo for Robinhood
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
$0 for stocks, ETFs, and options; $5 monthly for Robinhood Gold $0
Open Account for Robinhood
Logo for E*TRADE
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
Commission-free; other fees apply $0
Open Account for E*TRADE

FAQs

  • It takes 30 days from your third 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.