Ally Bank, the retail banking arm of
GMAC, has expanded its product range by launching an online
interest current account via its www.ally.com website.
The new account, part of a wider drive to
increase its retail deposits (see RBI
625), requires no minimum balance and offers free access to any
ATM in the US with no monthly fees.
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“Our interest current account is another
significant step as we evolve a new business model that we hope
encourages customers to expect more from their bank,” said Sanjay
Gupta, chief marketing officer at Ally Bank.
Other features of the account include free
electronic fund transfers and overdraft service transfers, 24/7
customer service by online chat, email or phone and free online
bill pay.
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