Forum

yeah, maybe someone else wants to try calling ally? Sometimes incompetent reps can "hear" different things. They dont quite understand the question but just assume its "this". Maybe the first rep was a forum member and knew exectly what the customer ment.

Will give them a call tomorrow and post what I got. I think ally is a good alternative, but not worth the headache.:ranger:

Yeah, I've had Ally since February - so almost 7 months and I haven't had a single problem. I have 10 online savings account with them, with 6 actively depositing and withdrawing money.

I am a little nervous now tho, going to look into BOA or just add an account or two on my Chase account.

Thanks for the heads up!

Did you ever get a chance to call them?

I have been getting a call form an Ally rep for the past week. Its not a generic Ally # its a specific phone # to that rep so i'm assuming they caught on to my mis matched names. I left her a voicemail we'll see what happens.

I got a call from Ally today regarding mismatched names and that they did NOT like that and said something about how deposits were coming from paypal and they do not currently offer business accounts. Also said it was on page 2 of their user agreement.

I have had Ally since January and still had chase as a backup thankfully. I did a total transfer of funds to the chase account and I will close out Ally because they said that restrictions would be placed on the accounts receiving mismatched funds (4 of them). My primary account will not be restricted.

So, just to add to the other claims, it seems as if it is only a matter of time before they catch on and Ally is NO GOOD!

They will restrict or close the account.

@StealthAssasin, I had a similar experience with a different bank, What I did was I told them that my "boss" payed me through his Paypal and deposits would come in his name. They asked me all "His" info and once they were satisfied with the info they allowed all deposits to come through.

Would a slight name variant of my own cause a problem? Have yet to withdraw, and wanna be safe if at any point I need to swap out for a better bank.

Example:
Real - Good Evening
Variation - Good Evning

Ally was having NO part of it. They called me with the firm intent to restrict or close the account regardless of what I had to say. Glad to hear things worked out with the other bank for you though.

They are closing my accounts in 2 weeks. Luckily they will be sending me a check with all the funds I had in there. Sucks for the person whose money is stuck with Ally after they closed the account

I thought bank of America was good to go? I just started using them, should I ditch them??

Right, that would definitely suck. I had JUST transferred about 4k from one of the ally accounts dedicated to paypal to my main ally account and she said since it was in progress, they could not stop it. Otherwise, they would have closed the account with the 4k in it and eventually send me a check.

After reading this thread I wanna remove Ally bank and add another bank. Is this safe?

I am using variant of my real name.

drebintech38 you can keep allybank or remove it but I would not take the chance of withdrawing to it. Better add another bank.

All I have withdrawn is $5 just to see what would happen. Went thru fine, but I'm unsure about larger amounts.

Ive been using ally without a problem... Truthfully ive never had a problem with any bank...Even green dot... Maybe I just dont move enough money through them to worry about... Ally I only move about 1k a month... Pretty low compared to the regular B&M bank accounts.

Ya I hate to dump them since there cheap & easy to open. I would only be withdrawing $500 at the most

Funny, still using Ally bank with no issues. About 5 account all getting deposits in different names, been months now.

Just to add to what I already posted...


They will close or restrict accounts even if the names match if they think you are running a business (selling on ebay). I was specifically told this at the time.

All you have to do is make the names match.

People don't understand that you can bank with as many banks as you want. Bank with Ally, and the other thousands of banks out there... just play by the rules.

How would you make the names match if your stealth?