Scotiabank Preferred vs Ally High Yield Savings
The fee battle. Who steals less of your money?
VS
Scotiabank Preferred
Fee Schedule Analysis
GREED SCORE: 80/100
Monthly Cost
16.95Wire Fee
50.00Overdraft Risk
5.00 WINNER
Ally High Yield Savings
Fee Schedule Analysis
GREED SCORE: 12/100
Monthly Cost
0.00Wire Fee
20.00Overdraft Risk
0.00The Verdict
Ally High Yield Savings is the statistically superior choice. By switching from Scotiabank Preferred, you could save approximately $203.40 per year in maintenance fees alone, not counting the risk of wire transfer fees.