• High Yield Cd Rates
• Ally Savings Account
• Ally Cd Rates 15 Month
• Ally Cd Rates 2021
• Ally Cd Rates Today

The Ally Bank High Yield CD currently offers a fixed 0.85% APY on its five-year CD. With the national average rate for a five-year CD at 0.34% APY according to the FDIC, this is nearly three times. Ally Bank CD Rates. Ally Bank’s CD features three products: the High Yield CD, the Raise Your Rate CD and the No Penalty CD. The APYs currently available range from 0.20% to 0.85%, depending on your opening deposit and term length.All accounts have no minimum balance requirement, though rates. The Best Ally Bank Rates. Compare the Best Ally Bank Rates. FDIC insured Banks. Highest APY Interest Rate. Highest Yield CD Rates. Review the Top High Yield Certificate of Deposit rates Android Text Messages from PC. SMS from your computer. Best Audio Podcast Clips (PodClips) Best CD rates - RateBrain Blog Top 10 Videos Credit Union CD Rates.

High Yield Cd Rates

Ally Bank offers three flavors of CDs: traditional CDs, no-penalty CDs, and raise your rate CDs. Each type of CD comes with a variety of terms. None have a minimum balance requirement or monthly fee.

Ally Bank earned 4.4 out of 5 stars in Bankrate's review across its deposit products.

Ally Bank CD rates

Here's a closer look at Ally Bank's CD rates.

High Yield CD

Ally's High Yield CD is a basic CD with no frills.

Raise Your Rate CD

Ally's Raise Your Rate CD lets you increase your interest rate, once for the 24-month CD and twice for the 48-month CD, if market rates rise during your CD's term.

No Penalty CD

Ally's No Penalty CD doesn't charge an early withdrawal penalty if you make a withdrawal six or more days after opening the CD.

Ally Savings Account

Currently, Ally offers a .05 percent loyalty reward if you renew a CD at the bank.

Note: The APYs (annual percentage yield) shown are as of Dec. 16, 2020. The APYs for some products may vary by region.

Ally Cd Rates 15 Month

How Ally Bank rates compare with top-yielding banks

Ally's CD rates are competitive. One drawback is that Ally has slightly fewer options for long-term CDs than some other banks, but you can still easily establish a CD ladder.

Ally Cd Rates 2021

There are some other banks, like Marcus by Goldman Sachs or Limelight Bank that offer higher rates on some CD terms. Remember that some banks may have minimum deposit requirements, which Ally does not.

Other savings options at Ally

Ally offers a great online savings account if you need more flexibility with your savings. In fact, the savings account pays the same (or better) interest rate than some of Ally’s CD terms.

Ally Cd Rates Today

Ally also offers a money market account, but it pays half the rate that the bank's savings account does.

Find the latest Ally Bank CD Rates, Offers, and Promotions here.

They currently offer a 13 month CD with a 1.65% APY Rate when you qualify.

Table of Contents

About Ally Bank

Ally Financial Inc. is a leading digital financial services company. Ally Bank, the company’s direct banking subsidiary, offers an array of deposit and mortgage products and services. Their commitment to their customers has been at the core of who we are for 100 years. They are relentlessly focused on “Doing it Right” and being a trusted financial services provider to our consumer, commercial, and corporate customers.

Ally Bank offers a vast array of products including CD options for all of your specific financial needs. From checking and savings account to loans and CDs, you are bound to find one that works for you.

This is ideal for accounts like Certificate of Deposits. Though the rates are worth checking out, be sure to still compare them with the nation’s best using our guides: CD Rates Savings Rates.

*While Ally Bank does have competitive rates compared to traditional banks, I still recommend you take a look at Discover Bank Promotions here

Ally Bank CD Rates

CDs are a certificate issued by a bank to a person depositing money for a specified length of time. Usually the longer a term, the higher APY rate you make.

With no opening deposit, you can invest in a Ally Bank CD account to maximize your earnings. Compare their offers now to find the solutions that fit best with your savings goals. Be sure to also check out the CD rates below to potentially find even better rates for you!

• Minimum deposit: None
• Maximum deposit: None
• Early withdrawal penalty: Withdrawal of dividends prior to maturity will reduce earnings

(NCUA Insured)

Ally Bank CD Features

• Promotional term available through 3/31/2020
• No minimum deposit to open
• Interest compounded daily
• Automatically renews into a 12-month High Yield CD
• Your deposits are insured by the FDIC up to the maximum allowed by law

Bottom Line

Ally Bank offers you a CD rate up to a 13 month 1.65% APY rate. All you need to do is to pick your CD term and with no minimum deposit, anyone can qualify for this fantastic bonus.

This is a great opportunity to invest in a high-interest CD with a low balance from Ally Bank. However, you may want to compare them with our best CD Rates:

Be sure to apply as soon as you can to start your new account experience and start earning higher rates. Check back often for the latest Ally Bank CD rates!

Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.