Too close to call. Ally (98.0%) and LendingClub (now Happen Bank) (97.4%) are within 0.6 points, under our 3-point threshold, so we don't name a winner.
Data as of · Last updated · By VaultRubric Research · How we score · Not investment advice.
Happen Bank and Ally are both popular high-yield savings accounts. Here are the sourced facts side by side, then VaultRubric's equal-weight score with the math shown. Every value links to its source with an as-of date; anything we couldn't verify says not found.
Rates change often — verify on the bank's or broker's site before opening an account. Every value shows its as-of date; ⚑ marks figures from third-party sites. Not financial advice.
Run your own comparison →Opens the tool with these platforms filled in, so you can change the weights.
| Fact | Happen Bank | Ally |
|---|---|---|
| APY (standard) | 3.0% src · 2026-10-12 | 3.1% src · 2026-10-12 |
| APY conditions | 4.20% LevelUp Rate requires $250+ in deposits each statement cycle; otherwise 3.00% Standard Rate src · 2026-10-12 | not found |
| Promo (not scored) | apy: 4.20, note: LevelUp Rate with $250+ monthly deposits (conditional) src · 2026-10-12 | not found |
| Minimum to earn APY | $0 src · 2026-10-10 | $0 src · 2026-10-10 |
| Monthly fee | $0 src · 2026-10-11 | $0 src · 2026-10-10 |
| Deposit insurance | Up to $250,000 src · 2026-10-10 FDIC; Happen Bank, N.A. (formerly LendingClub Bank) | Up to $250,000 src · 2026-10-10 FDIC; Ally Bank (cert 57803 per third party) |
| FDIC cert | 32551 (Happen Bank, National Association) src · 2026-10-10 | 57803 (Ally Bank) src · 2026-10-10 |
| Regulatory actions (5 yrs) | none found in last 5 yrs src · 2026-10-10 | none found in last 5 yrs src · 2026-10-10 |
| Official page | official site ↗ | savings account ↗ |
Too close to call: Ally and LendingClub (now Happen Bank) are within 0.6 points (under 3). Pick on the criteria you care about most.
| Criterion (weight) | Ally | LendingClub (now Happen Bank) |
|---|---|---|
| APY (standard rate) (20%) | 10.0/10 | 9.7/10 |
| Minimum to earn APY (20%) | 10.0/10 | 10.0/10 |
| Fees (20%) | 10.0/10 | 10.0/10 |
| Deposit insurance (20%) | 9.0/10 | 9.0/10 |
| Regulatory record (20%) | 10.0/10 | 10.0/10 |
| Overall | 98.0% coverage 100% | 97.4% coverage 100% |
0.200×10.0 + 0.200×10.0 + 0.200×10.0 + 0.200×9.0 + 0.200×10.0 = 9.80 → 98.0%0.200×9.7 + 0.200×10.0 + 0.200×10.0 + 0.200×9.0 + 0.200×10.0 = 9.74 → 97.4%Opens the tool with these platforms filled in, so you can change the weights.
Facts-only answers: Is Happen Bank a good savings account? · Is Ally a good savings account?
Too close to call on equal weights (97.4% vs 98.0%). Change the weights in the tool to match your priorities.
Standard APY in our data: Happen Bank 3.0% (as of 2026-10-12), Ally 3.1% (as of 2026-10-12). Rates are variable; check each bank's site.
Only from our curated dataset (official pages, regulators, and flagged third-party sites), with fixed formulas shown in “Show math”. No AI or live scraping, so the same comparison always gives the same result. Not financial advice.