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Ally Bank High Yield CDs

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APYUp to 4.50% Image
Min. Deposit $0 Image

Last updated on 2024-03-04

Ally Bank High Yield CDs Review

Pros Pros

Decent yields for one of the larger banks in the country

No min. deposit

Convenient online banking

Attractive Loyalty Reward for CD renewals

Cons Cons

No physical banks

Deposit Details Ally Bank CDs APY

  $0 & Above
12 months 4.50% APY
18 months 4.45% APY
36 months 4.00% APY
60 months 3.90% APY

 

Receive 3.90% APY for 60 months High Yield CDs

Receive 4.00% APY for 36 months High Yield CDs

Receive 4.45% APY for 18 months High Yield CDs

Receive 4.50% APY for 12 months High Yield CDs

Receive 3.00% / 4.40% / 4.45% APY for 3 / 6 / 9 months High Yield CDs

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

 

Promotions Ally Bank CDs Promotions

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

 

About Bank About Ally Bank

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

 

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