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№02 · HEAD-TO-HEAD · Edition №08 · Updated 11 March 2026

Nequi vs Ally Bank.

Nequi (N75/100) and Ally Bank (A58/100), scored on the same six pillars and compared row-by-row. Every cell is sourced from licence registers and live pricing pages, not opinion. A close tie.

Quick verdict Tied 3–3
Score 01 of 1
Fees 10 of 4
Protection 02 of 2
Reach 10 of 3
UX 10 of 2
Ally Bank Nequi
Banks compared 2 banks · 12 dimensions
A Ally Bank 58/100 N Nequi 75/100 + Add a third bank
Tally · who wins more rows12 dimensions compared
AAlly Bank
32 tie · 7 loss
NNequi
32 tie · 7 loss
Winner: Tied across leaders Closest gap: 0rowsEdition №08
A
Ally Bank №55 · OCC 58 /100
N
Nequi №20 · Full Colombian banking licence via Bancolombia parent 75 /100
Score
Composite score Out of 100 58 /100 75 /100
Fees
Monthly fee Cheapest paid tier (€0 if free) €0 Free tier €0 Free tier
FX markup Debit card abroad 1.00% 3.00%
Free FX / month EUR equivalent €0 €0
Free ATM Before fee kicks in
Protection
Banking licence Tier Payment inst. OCC Full bank
Deposit guarantee Per depositor Safeguarded US.FDIC €50,000,000 CO.FOGAFIN
Reach
Markets served Licensed jurisdictions 1 country 1 country
Crypto Coins available No No
Stocks & ETFs Self-directed Yes No
UX
Trustpilot Customer score
App store iOS + Android avg 4.7 ★ iOS 4.7 · And 4.6 4.5 ★ iOS 4.5 · And 4.4
Read review Read review

Pick Ally Bank if…

Ally Bank №55

OCC-chartered direct bank, NYSE-listed (ALLY). One of the original US online-only banks (continuous since 2009). Best-in-class US savings APY among national banks; FDIC pass-through is direct, not partner-bank. The grown-up alternative to Chime/Cash App for depositors who want chartered-bank cover.

Pick Nequi if…

Nequi №20

Bancolombia's digital banking arm — Colombia's largest neobank by user count (~17M). Operates under the Bancolombia full-bank licence; FOGAFIN cover applies. Mass-market reach + Bancolombia ATM network. The default Colombian neobank for COP-resident readers.

Best at a glance Axis-by-axis winner — ties skipped.
  • Best for fees Ally Bank won 1 of 4
  • Best for protection Nequi won 2 of 2
  • Best for reach Ally Bank won 1 of 3
  • Best for ux Ally Bank won 1 of 2
Frequently asked

Nequi vs Ally Bank — FAQ

Quick answers to the four questions the search-bar asks most about a head-to-head.

Is Ally Bank better than Nequi?

Ally Bank and Nequi are tied 3–3 across 12 dimensions under our v3 methodology. Composite scores: Ally Bank 58/100 vs Nequi 75/100. The right pick depends on which dimension you weight most heavily.

Is Ally Bank or Nequi cheaper?

Monthly fee — Ally Bank: €0; Nequi: €0. Card FX markup — Ally Bank: 1.00%; Nequi: 3.00%. Ally Bank wins more fee rows (1 of 4). See the Fees section of the matrix above for ATM caps and the rest.

Which is safer for deposits, Ally Bank or Nequi?

Ally Bank holds a Payment inst. licence under OCC; deposit guarantee per depositor: Safeguarded. Nequi holds a Full bank licence under Full Colombian banking licence via Bancolombia parent (Superintendencia Financiera de Colombia regulated); FOGAFIN member, COP 50,000,000 cover per depositor. // TODO(verify).; deposit guarantee per depositor: €50,000,000. Nequi is the stronger pick on regulatory protection.

Where can I use Ally Bank and Nequi?

Ally Bank operates in 1 country; Nequi operates in 1 country. Check each provider's signup page for the live country list — eligibility depends on residency, not just the licence footprint.

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