The Ally Everday Cash Back Mastercard® makes earning rewards simple, with generous cash back and no annual fee. This card stands out for its high rates across common spending categories that consumers use on a regular basis.

Offered by digital bank Ally, this cash back card gives cardholders an easy way to earn money back on expenses without paying costly annual fees. Ally designed it to provide value to mainstream consumers through competitive rewards and robust features.

Benefits of Ally Everyday Cash Back Mastercard

As a cashback credit card, this offers few excellent benefits. Here are the key benefits that you can get out of the card.

Earn 3% cash back at gas stations, grocery stores, and drugstores with no limit on rewards
1% back on all other purchases adds up over time
No annual fee and no foreign transaction fees are big money savers
Use your rewards for easy statement credits anytime
Free credit score on your monthly statements
Protection benefits like $0 Fraud Liability
Reports to credit bureaus to build credit history

The Ally Everday Cash Back card makes it simple to maximize the most common spending categories. With 3% cash back where many consumers spend the most each month, responsible use earns rewards automatically. Redeeming those earnings requires no minimums or confusing program – cash back comes back to you as statement credits.

Prerequisites

Applying for the Ally Cash Back card has just a few basic requirements. Yon need to be 18 years old and have a Social Security Number. On top of that, you should fulfill the minimum income requirement that demonstrates ability to repay. The card is accessible even to those with limited credit histories, making it a great entry-level card.

About Ally Bank

Ally Bank first emerged in 2009 as an online-only bank during Financial Crisis. It aimed to deliver better rates and services through lower overhead costs from physical branches. In recent years, Ally has grown to become an established leader in digital financial services.

Today Ally Bank offers much more than just deposit accounts, with services like credit cards, auto loans, mortgages, investments, and more. Yet it remains an online-first bank focused on user-friendly digital banking for customers nationwide. Ally combines robust tech and great rates without sacrificing top-notch customer service.

With over $100 billion in total assets, it’s clear Ally has succeeded at filling consumer needs for accessible, low-cost financial products. The Ally Cash Back Mastercard exemplifies the bank’s consumer-first approach – an easy way to manage expenses and earn cash back every day.

Who is this card for?

The Ally Cash Back Mastercard best suits consumers who want to earn rewards without paying an annual fee. It’s a great option for anyone looking for their first cash back card. With rewards in major spending categories, it provides plenty of value for daily use.

Younger consumers just starting out can benefit from using this card responsibly. It offers the chance to establish credit history while earning cash back on expenses. For travelers, there are no foreign transaction fees, making it affordable for international trips. Overall, the Ally card gives any mainstream consumer an easy way to maximize everyday rewards.

Step by step to apply for the card

Follow these simple steps to apply for the Ally Cash Back Mastercard:

Go to Ally’s website and click “Apply Now” on the Ally Cash Back Card page. Or go directly to here;
Provide some basic personal information, so Ally can proceed with the application and determine your eligibility;
If approved, read through the online card agreement and submit it electronically to finish opening your account;
Once approved, you can immediately register for the online account portal and mobile app (iOS and Android available);
Activate your card when it arrives in the mail within 7-10 business days. Then you’re all set to use your new card.

PRESS HERE TO APPLY THE ALLY EVERYDAY CASH BACK MASTERCARD CREDIT CARD

Positives and negatives of the card

This card offers lucrative 3% cash back rewards on common purchases like gas, groceries, and drugstores. There is no annual fee, so users get to keep all their hard-earned rewards. The Ally card reports account history to credit bureaus each month, helping new credit users build their profile. And for those that carry a balance, the strong cash back rates can outweigh the high interest expenses in the long run.

Potential cons to consider: Due to its easy approval standards, the initial credit limit may start lower for some new credit users. This card also carries a high variable APR between 19.99% – 29.99%. So, interest charges can quickly add up if you revolve a balance month-to-month. However, those who pay their balance off fully each billing cycle avoid interest costs altogether.

While the interest rate is on the high side, responsible use means you pay no interest at all. Overall, the card’s upside through generous rewards and no annual fee makes it a winner for savvy credit users.

How to unlock the card?

Follow these steps once you receive your new Ally Cash Back Card in the mail:

Call the number on the sticker found on the front of your card. This is the automated account verification line;
You will be prompted to enter the last 4 digits of your Social Security Number and zip code to verify your identity;
Next, you will be asked to create a 4-digit verification code that must be entered anytime you contact Ally about the account going forward;
The automated system will then unlock your card for use. You’ll hear a confirmation when successfully unlocked.

Once unlocked, sign the back of the card immediately. Now you can activate it by making your first purchase or ATM withdrawal. Be sure to register your account on Ally’s online portal or mobile app as well.

Fees and Rates

Here are the main costs associated with the Ally Cash Back Card:

APR: Between 19.99% – 29.99% variable
Balance Transfer Fee: 4% (min. $5)
Cash Advance Fee: 5% (min. $10)
Foreign Transaction Fee: $0
Annual Fee: $0

As you can see there is no annual fee with this card. But interest charges can be costly if you carry a balance month-to-month. It’s critical to pay off your balance in full each billing cycle to avoid interest fees. Also take care with cash advances which incur a higher transaction fee.

Customer Service

Ally offers customer service 24/7 for your credit card needs:

By phone: Call 1-888-366-2559
Website: access by tapping here
Online Account Portal: Manage account digitally after login
iOS & Android Mobile Apps: Download from your app store

PRESS HERE TO DOWNLOAD ALLY EVERYDAY CASH BACK MASTERCARD MOBILE APP ON IOS

PRESS HERE TO DOWNLOAD THE ALLY EVERYDAY CASH BACK MASTERCARD MOBILE APP ON ANDROID

Check your monthly statements closely. Notify Ally immediately about any suspicious, fraudulent, or inaccurate activity. Their around-the-clock assistance can help with any card-related issue.

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How to apply to Ally Everyday Cash Back Mastercard®

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