VaultRubric
SoFi vs Ally
SoFi 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.
Key facts compared
| Fact | SoFi | Ally |
|---|---|---|
| APY (standard) | 3.3% src · 2026-10-10 | 3.1% src · 2026-10-10 |
| APY conditions | 3.30% with eligible direct deposit or qualifying deposits; new members up to 4.20% with limited-time 0.90% boost for up to 6 months src · 2026-09-23 | not found |
| Promo (not scored) | apy: 4.2, boost: 0.90% for up to 6 months, eligibility: new members with eligible DD src · 2026-09-23 | not found |
| Minimum to earn APY | $0 src · 2026-10-10 | $0 src · 2026-10-10 |
| Monthly fee | $0 src · 2026-10-10 | $0 src · 2026-10-10 |
| Deposit insurance | Up to $250,000 src · 2026-10-10 FDIC; SoFi Bank, N.A. | Up to $250,000 src · 2026-10-10 FDIC; Ally Bank (cert 57803 per third party) |
| FDIC cert | 26881 (SoFi 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 |
VaultRubric verdict
Too close to call: SoFi and Ally are within 1.2 points (under 3). Pick on the criteria you care about most.
| Criterion (weight) | SoFi | Ally |
|---|---|---|
| APY (standard rate) (20%) | 10.0/10 | 9.4/10 |
| 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% | 96.8% coverage 100% |
Show math: SoFi
0.200×10.0 + 0.200×10.0 + 0.200×10.0 + 0.200×9.0 + 0.200×10.0 = 9.80; ÷ covered weight 1.000 = 9.80/10 → 98.0%Show math: Ally
0.200×9.4 + 0.200×10.0 + 0.200×10.0 + 0.200×9.0 + 0.200×10.0 = 9.68; ÷ covered weight 1.000 = 9.68/10 → 96.8%Opens the tool with these platforms filled in, so you can change the weights.
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FAQ
Is SoFi or Ally better?
Too close to call on equal weights (98.0% vs 96.8%). Change the weights in the tool to match your priorities.
Which pays more, SoFi or Ally?
Standard APY in our data: SoFi 3.3% (as of 2026-10-10), Ally 3.1% (as of 2026-10-10). Rates are variable; check each bank's site.
How does VaultRubric score these?
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.