Last updated on 2024-11-21
No min. deposit
Decent yields for one of the larger banks in the country
Decent yields with opportunity to increase CD yield during the term
Convenient online banking
Attractive Loyalty Reward for CD renewals
$0 & Above | |
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24 months | 3.40% APY |
48 months | 3.40% APY |
Receive 3.40% APY for 48 months High Yield CDs
Receive 3.40% APY for 24 months High Yield CDs
Opportunity to raise it once for the 2-Year term or twice for the 4-Year term if the rate goes up for your term
No minimum opening deposit
Interest is compounded daily
Available as an IRA
High Yield Certificate of Deposits (CDs) come with a Ally 10 Day Best Rate Guarantee where you'll get the best rate Ally Bank offers for your tier and balance tier if the CD rate goes up within the 10 days period
When your CD matures, you can withdraw your money at no charge during a 10-day grace period
No monthly maintenance fees
Any withdrawal before maturity date will result in a penalty of 60 / 90 / 150 days worth of interest for 3 or 6 or 9 or 12 or 18 months CDs / 36 months CD / 60 months CD
Receive an additional 0.05% APY Loyalty Reward on your CD when you renew your CD to any CD. Check back 30 days on Ally's online banking before your CD matures to see what the reward is at that time
Click here to go to Ally Bank website for more details
Ally Bank is an online bank without any physical branches. They offer an array of deposit, personal lending and mortgage products and services. Online banking is available via app or website for all customers.
Ally Bank can be contacted via chat, email or phone. Customers can also contact them about their savings via phone 24/7 on 1-877-247-2559 with a waiting time specified on their website
Ally Bank is a member of FDIC which covers the deposits of a depositor to up to US$250,000