Ally Bank Ally Unlimited Cash Back Mastercard for Educators

Nationwide

Availability

Eligibility requirements

Required to be on Educators List for Marketing

Review details with the company before applying

APRs change over time and are specific to the applicant. Check rates before applying.

Web

ally.com

Purchase interest rate and fees

24.99% – 28.99%*

*As of Dec. 31, 2024. Advertised purchase APRs change over time and are specific to the applicant, based on your credit score. Check rates before applying.

Here are typical APRs for different credit scores for this card:

Credit score	Median purchase APR	Comparison to other cards
619 or less	28.99%	2 dollar sign symbols Pay average interest
620-719	28.99%	2 dollar sign symbols Pay average interest
720+	24.99%	2 dollar sign symbols Pay average interest

After opening the credit card, the purchase APR is variable, meaning it can go up or down based on the index listed in the details below. Learn more about APRs in general and about fixed versus variable APRs.

0% for 12 months

If a card has promotional interest, ensure you’re on track to pay off the balance within the promotional period, or you could end up owing more in interest than the original purchase amount. Learn more about introductory APR offers.

Foreign transaction fee: None
Minimum finance charge: A minimum interest payment of $1.50 is required to avoid additional fees
Grace period: 25 days until interest begins to accrue on purchases
Balance computation method: Monthly interest is calculated based on your average daily balance including new purchases
Purchase APR index: The purchase APR varies depending on the value of the prime index

Learn more about how credit card interest is calculated.

Fees

$0

Late fee: $29 for the first late payment and $40 for a late payment within six billing cycles of another late payment
Late fee policy details: $29.00 for the first occurrence and $40.00 for any subsequent occurrence within six (6) billing cycles. The Late Fee will not exceed the lesser of the amount stated in the Account Summary Table or the amount of the Minimum Payment Due when the payment was
Over-limit fee: None
Expedited Delivery Fee: $29 (Replacement plastic)

Rewards and perks

Cash back

Services

Access to Free Credit Scores
This product also features benefits as offered by Mastercard

Card features

Contactless Payments
Chip card
Fee-free foreign transactions
Mobile wallet provisioning (for example, Apple Pay)

Did you know: If you carry a balance on your credit card, interest and fees typically exceed the value of any rewards earned. Learn why rewards may not be as beneficial as they seem.

Balance transfer interest rate and fees

0%*

+

4% ($5 minimum)

*As of Dec. 31, 2024. Advertised balance transfer APRs change over time. Check rates before applying.

After 12 months, any remaining unpaid balance on your account will be subject to interest charges based on your purchase APR.

Cash advance interest rate and fees

24.99% – 28.99%*

+

5% ($10 minimum)

*As of Dec. 31, 2024. Advertised cash advance APRs change over time and are specific to the applicant, based on your credit score. Check rates before applying.

Here are typical cash advance APRs for different credit scores for this card:

Credit score	Median cash advance APR
619 or less	28.99%
620-719	28.99%
720+	24.99%

The cash advance fee is charged for each cash advance.

Did you know: If you use your card to transfer a balance or get a cash advance, you may have to start paying interest on some or all of your total balance, including new purchases, as of the date of the transaction.