Whether it’s your first foray into robo portfolios or you’re a seasoned investor with years of experience under your belt, there’s one thing we’re confident will make your life simpler: automated deposits. In fact, we think automated deposits make investing downright easy because it takes away the stress of transferring money and rethinking how much every month.
Automating your investment deposits is also a great way to ensure you’re not using your investment funds on other things. That money won’t ever just sit around for you to eat into — it’ll be doing hard work for you in your robo portfolio.
At Ally Invest, you can set up automated deposits into your Ally Invest Robo Portfolio with just a few clicks — for no fee. Here’s how.
For new Ally Invest customers
Congratulations, you’re way ahead of the game, because you’re already thinking about automating your deposits!
Setting up automated deposits to your account will be super easy — because it’s right there on the account application. Go ahead and start your application. Once you get to the “Transfers” prompt, jump down to step three in the next section.
Robo portfolio automations can make your investment life simpler by taking a few tasks off your to-do list
For existing Ally Invest customers
Setting up automated deposits from your bank account to your Ally Invest account is quick and easy. Just follow these steps:
Go to Ally.com and log in with your username and password
Choose “Transfers” and then “Investments"
Select “Bank Transfers”
Select “Deposit” and fill out the following information as prompted:
To Account
From Account
Note: If your From Account is not at Ally, you’ll need to link it at this point. Select “Add an account at a different institution” and follow the prompts.
Amount
Frequency
Deliver on (date of first transfer)
Select “Next"
Review your transfer request and select “Submit"
Your deposits are now automated!
If you want to view or edit your recurring deposit after setting it up, follow the above prompts and select “Activity” instead of “Bank Transfers.” You’ll be able to see and manage your transfers with ease.
Make room for your financial future
Now that your deposits are all automated, what’s next on your list? Once you automate your deposits, you may find you have more time and energy to spend on other things — like focusing on your other investing endeavors.
Stay informed about your accounts with Ally Invests banking & investing apps; they are available on the Apple Store or the Google Play Store, where all your account details are at your fingertips. You can also get help at Ally.com or 855-880-ALLY (2559).
