<prompt> Human: I currently have about 2800 fist pump in my savings account earning no interest. I am thinking of opening an Ally Bank savings account with the one percent interest rate. So , this would be about 28 a year . I like Ally over other options because of the mobile app , modern website, and customer service. Also, there is no fees to do the basics, such as ACH transfers to and from my bank up to 6 withdraws according to regulations. I dont plan on withdrawing much. On the negative side, I read that deposits take too long to post and at least some of their customer support is outsourced. I would treat this as an emergency fund. What is your experience with Ally? Or would I be better served investing using an app like Robinhood?  <response>: Keep your emergency fund in a savings account. You may want to wait before choosing Ally though, they are switching their savings account to a tier based system on November 7th. We dont know what the new rates will be yet. 