Ally Bank offers seven terms of regular CDs. 0 NerdWallet rating APY 4. Ally Bank’s 12-month High-Yield CD has an APY of 4. Agree to the CD’s terms and conditions. Ally Bank just bumped up their 11-month no-penalty CD rate to 4. com>Compare Ally Bank CD rates May 2023. Author’s Verdict Pretty solid offer! This Ally Bank 13-Month Select Certificate of Deposit Account will offer a 1. Ally offers competitive CD interest rates Ally CD rates are higher than many competing banks rates. That’s the case of Mountain America Credit Union. Ally Bank, an online bank, offers three flavors of CDs: traditional CDs, no-penalty CDs, and raise your rate CDs. 85% (over 14 months) seems way too good to be true. Ally Bank is a Member FDIC. Ally Bank is a Member FDIC. 90% for a one-year CD and then go to 4. CD Rates at Ally Bank (FDIC Insured) Ally Bank CD Account Features Interest. Ally Bank CD Rates CDs are a certificate issued by a bank to a person depositing money for a specified length of time. Ally Bank Bonuses: February 2023. 10% APY on an 11-month no penalty CD. You’re free to close CD during grace period; or change maturity instructions no more than 1 year before maturity date. 00% for 20-month Not too bad, if you missed that 4. Ally Bank Review 2023 – Forbes Advisor. Ally Review: Which Institution Offers a Higher >Alliant vs. Bread Financial: Highest CD Rates. Where can I get 5% interest on my money? Though Ally Bank does not offer a CD with 5% interest, it does offer a variety of CDs ranging from 2. Ally Bank, an online bank, offers three flavors of CDs: traditional CDs, no-penalty CDs, and raise your rate CDs. Since Select CDs are limited time offerings, there’s no guarantee it’ll be available at maturity date. Learn More No monthly maintenance fees. Todays Ally Bank CD Rates: April 2023. Ally Bank: 13-month CD. Alliant offers more competitive CD rates right now. 2 days ago · The highest-paying CD account at Ally Bank right now is the 18-month High Yield CD which offers an APY of 4. If you’re confident you won’t need the money for at least 14 months, Synchrony’s 14-month CD is your best bet. Go to the bank’s website and select the CD option you want to open. Best Bread Savings CD Rates: 1 year — 5. High Yield CD AVAILABLE TERMS Annual Percentage Yield 5. Ally Bank/CNET Currently, the average 12-month CD has a 1. , which has roots dating back to the 1920s. Marcus by Goldman Sachs High-Yield 10-Month CD. 27% Vanguard Treasury Money Market Fund, yielding 1. 75% to 1% Fidelity Treasury Money Market Fund, yielding. I’m hoping they move their longer term CD (5 years) up from 4. To provide renewal instructions from the Ally Mobile App: Log in, choose after the Current Balance, select Manage CDs and then choose Make Changes. Where can I get 5% interest on my money?. 25% APY with an 11-month term. Ally Bank just bumped up their 11-month no-penalty CD rate to 4. May 2, 2023. However, if youd like to open a CD with a low initial deposit, Ally may be a better option. 2 days ago · Step 1: Choose the type of CD and term length that best suits your financial situation. For those who are not familiar with this current offer from Ally Bank, it allows you to earn a very attractive APY rate while still being able to enjoy great features such as automatic. Ally Bank No Penalty CD Ally Bank offers a great rate on its no-penalty CD, and its rate guarantee could also be a huge plus. The highest being the 18-month High Yield CD. Your deposits are FDIC insured. Ally Bank Hikes CD Rates, 14. Ally Select CD rates have gone up - 4. You can treat this CD like a savings account since you can break it at any time. Ally Bank Certificate of Deposit (CD) Rates 2023 Review. It’s easy to bank anytime, anywhere with the Ally Mobile app. Ally Bank offers seven CD terms, ranging from three months to 60 months. Ally is offering a 13-month CD and 20-month for a limited time. month CD Rates – Forbes Advisor>Best 18. Ally Banks Interest Checking account has no minimum balance requirement and no monthly service charges. Promotional CD Rates: How They Work. 25% APY CFG Bank 18 Month CD: 5. There is no minimum balance to open a CD account or earn interest at Synchrony. Availability: Nationwide (internet bank) Ally Bank has joined its competitors with a few noteworthy CD rate increases. Ally CD rates 1-year: 4. 30% APY Term (months): 15 Minimum deposit: $10,000 Early-withdrawal penalty: All interest up to 6 months worth Membership: Anyone can join NASA. 25% APY with an 11-month term. The highest being the 18-month High Yield CD. But get the no-penalty tomorrow. Want to open a new CD? Open Account Want to renew into this CD? Manage Your CD 13-Month Select CD 4. Introducing our limited-time 13-month Select CD. Ally Bank is an acclaimed digital bank that offers a suite of competitive FDIC-insured online deposit accounts including CDs (certificate of deposits), savings accounts,. Is it worth putting money in a Ally Bank 14 month CD for 2. Ally Bank CD rates. If you’re confident you won’t need the money for at least 14 months, Synchrony’s 14-month CD is your best bet. Enter the CD term length, and select years or months. Ally Bank CD Rates: May 2023 – Forbes Advisor. Ally Bank allows CD customers to choose the payouts to be on a monthly, quarterly, semi-annual or annual basis. How to open an Ally CD account. Ally Bank: 13-month CD. They also have a 12 month CD at 2. You can open an Ally CD account online or by calling 877-247-2559 to have a representative walk you through the process. If you fund an Ally Bank CD and the interest rate goes up within 10 days, youll get bumped up to the new rate for your CD type and maturity date. Ally has the following description of its early withdrawal penalties on its website for its CDs: 24 months or less: 60 days of. But other ideas here -tbill ladders, etc - are useful too. Ally Bank is an acclaimed digital bank that offers a suite of competitive FDIC-insured online deposit accounts including CDs (certificate of deposits), savings accounts, interest checking and money market accounts. Ally has 3. Where can I get 5% interest on my money? Though Ally Bank does not offer a CD with 5% interest, it does offer a variety of CDs ranging from 2. 60% APY with no minimum deposit. Thoughts? Saving Have a decent amount of savings in my between my Ally and Marcus accounts and wanted to know if this 14 month CD is worthwhile? Are there any competing CD rates or other short term investment accounts that are worth chasing over this? Can offer more information as. A five-year CD rate closer to the national average, such as 1. For example, choose 18 months instead of 1. The 14-month CD yield is now 115 basis points above the yield of the 60-month CD. 00% for 20-month : r/AllyBank 1 mo. 00% for 20-month : r/AllyBank by GoodGuyGraham Ally Select CD rates have gone up - 4. Ally offers competitive CD interest rates Ally CD rates are higher than many competing banks rates. Ally Select CD rates have gone up. They range from a three-month CD to a five-year CD. Ally Bank Certificate of Deposit (CD) Rates 2023 Review>Ally Bank Certificate of Deposit (CD) Rates 2023 Review. Is it worth putting money in a Ally Bank 14 month CD. Ally Bank/CNET Currently, the average 12-month CD has a 1. Step 2: Apply for your preferred Ally Bank CD account. Deal Summary: Ally Bank CDs – 14-month Select CD (1. Ally’s 12-month CD rates are nearly three. CD Interest: Let It Accumulate or Receive Regular Payments?>CD Interest: Let It Accumulate or Receive Regular Payments?. CD Calculator: Free Calculator for Certificates of Deposit>CD Calculator: Free Calculator for Certificates of Deposit. Introducing our limited-time 13-month Select CD. Ally Bank, an online bank, offers three flavors of CDs: traditional CDs, no-penalty CDs, and raise your rate CDs. 01% APY on a 12 month CD, and earn an APY that’s 14. month Select CD : r/AllyBank. Deposits are insured by the FDIC up to the maximum allowed by law. Pay no fees and just a $1 minimum deposit. Synchrony Bank CD rates. Most come with a variety of terms. Contact a representative by calling1-877-247-ALLY (2559). Ally Bank High Yield CD Review. NBKC Bank: 15-month CD. What’s a good bank with high CD Rates? : r/investing. A five-year CD rate closer to the national average, such as 1. Ally Bank offers seven terms of regular CDs. Best CD Rates You may also like these People often identify opening a savings account as their next money move. Features offered with every Ally Bank CD. For comparison purposes, the rate for a 13-month CD that does have an early withdrawal penalty is APY. 25% APY Rate on your funds, but only for a limited time!. There is no minimum balance to open a CD account or earn interest at. Don’t expect any sneaky monthly maintenance fees with us. Availability: Nationwide (internet bank) Ally Bank has joined its competitors with a few noteworthy CD rate increases. You can treat this CD like a savings account since you can break it at any time. MENU Home Best Bank Rates Best Bank Promotions Best CD Rates Best Credit Cards 0% APR Cards. They range from a one-year CD to a five-year CD. Move your money there for a quick safe half % boost. The highest-paying CD account at Ally Bank right now is the 18-month High Yield CD which offers an APY of 4. Deal Summary: Ally Bank CDs – 14-month Select CD (1. Go to the bank’s website and select the CD option you want to open. Ally Select CD rates have gone up - 4. Usually the longer a term, the higher APY rate you make. CNBC Select reviews the Ally Bank High Yield certificate of deposit (CD). First, they can choose to let the interest accumulate in the CD, or second, they can choose to have the interest be paid out on a regular interval during the CD term. If interest is credited monthly, then the interest can be paid out monthly. Editors Notes & Price Research Written by StrawMan86 / Staff About this deal: Promotional term available through 2/8/2023 No minimum deposit to open Interest compounded daily. Ally has the following description of its early withdrawal penalties on its website for its CDs: 24 months or less: 60 days of interest 25 months – 36 months: 90 days of interest 37 months – 48 months: 120 days of interest 49 months or longer: 150 days of interest One downside with Ally’s CDs is that they don’t allow partial early withdrawals. Penalties assessed for early withdrawal. Final Take To GO Ally Bank is a digital-only bank, so all of your banking will be done online. 01% APY on a 12 month CD, and earn an APY that’s 14. CIT Bank 11 months CD. 15% APY is better than any of this bank’s other CD rates, including. Since Select CDs are limited time offerings, there’s no guarantee it’ll be available at maturity date. Bread Savings is an online bank formerly known as Comenity Direct. 1 year bank CDs, typically yielding close to 2% 13-week Treasury bills, now yielding 1. Thoughts? Saving Have a decent amount of savings in my between my Ally and Marcus accounts and wanted to know if this 14 month CD is worthwhile? Are there any competing CD rates or other short term investment accounts that are worth chasing over this? Can offer more information as needed. 50% APY Synchrony 6 Month CD: 5. Elizabeth Gravier @ six-month CD, one-year CD, three-year CD and five-year CD. Annual Percentage Yield (APY) For 5-year CD: 4. Synchrony Bank CD Rates for May 2023. 5/14 - Ally Bank Hikes CD Rates Again, 20-Month Select CD Rises to New High 5/14 - Ally CD APY Rate Changes Fri 5-13-22 5/13 - 11 Month No Penalty Is At. 75% for 13-month, and 5. If your savings are closer to $500 than $10,000, you might also consider a high-yield savings account,. Ally Promotional 14-Month Select CD @ 2. Ally Bank CD Rates: 4. 73% 4-week Treasury bills, now yielding 1. Ally Bank No Penalty CD Ally Bank offers a great rate on its no-penalty CD, and its rate guarantee could also be a huge plus. With its 13-month Select CD, you could lock in a 4. The 14-month CD yield is now 115 basis points above the yield of the 60-month CD. Ally Bank CD Interest Rates. These generally have moderate terms, in the neighborhood of 10 to 14 months, and competitive interest rates. Do you see it going higher with Fed >Ally has a 4. To provide renewal instructions from the Ally Mobile App: Log in, choose after the Current Balance, select Manage CDs and then choose Make Changes. NBKC Bank: 15-month CD. Alliant offers more competitive CD rates right now. 80% APY—one of the best 18-month CD rates today. 49% annual percentage yield, according to the Federal Deposit Insurance Corporation. Compare CD Interest Rates. Ally Bank CD rates May 2023. The minimum deposit for Synchrony CDs and IRA CDs used to be $2,000, but it’s now $0. 80% APY $0 minimum deposit to open 3. Ally Bank® 13-month Select CD / Special Promotional Offer Not your average bank. 60% APY throughout your CD term. CD Interest: Let It Accumulate or Receive Regular Payments?. Ally Select CD rates have gone up - 4. In this review we will just focus on Ally Banks fixed-rate CDs. The new rates are not quite as high as the others, but the rates may be close enough …. Looking to put cash to work? Consider short. For example, a 7-month special rate CD might roll into a 6-month standard rate. Best CD Rates of May 2023 Alliant 3 Month Certificate: 4. Its a tiered rate account with the highest interest paid. Ally Bank Help Center: Certificate of Deposits (CDs) FAQs >Ally Bank Help Center: Certificate of Deposits (CDs) FAQs. A five-year CD rate closer to the national average, such as 1. Live Oak Bank: High-Yields for Short-Term Online CDs. For comparison purposes, the rate for a 13-month CD that does have an early withdrawal penalty is 4. Best CD Rates for May 2023. Ally Bank allows CD customers to choose the payouts to be on a monthly, quarterly, semi-annual or annual basis. Ally Promotional 14-Month Select CD @ 2. You can increase your rate once during the two-year term or twice during the four-year term. The Ally Bank® No Penalty CD offers a 4. Our Top Picks for Best CD Rates for April 2023. 75% Annual Percentage Yield (APY) Accurate as of. The new rates are not quite as high as the others, but the rates may be close enough. 01% APY on a 12 month CD, and earn an APY thats 14. Our Top Picks for Best CD Rates for April 2023. CIT Bank offers an 11-month no-penalty CD that pays APY. Read Bankrates Expert. Check out other CDs based on their APYs and minimum opening deposits, and choose Go to site once you find the option that fits you. It may not be listed on their site so just call them and inquire about the Select CD. Ally Bank is offering a 13-Month Select Certificate of Deposit at 4. To provide renewal instructions from the Ally Mobile App: Log in, choose after the Current Balance, select Manage CDs and then choose Make Changes. With its 13-month Select CD, you could lock in a 4. 25% APY on a 13-Month Select CD when you open a new online CD account by February 28, 2017. (NYSE: ALLY) is a leading digital financial services company, NMLS ID 3015. The Ally Bank® No Penalty CD offers a 4. The banks CD rates tend to be competitive among online banks. Where can I get 5% interest on my money? Though Ally Bank does not offer a CD with 5% interest, it does offer a variety of CDs ranging from 2. Compare Ally Bank with other CD rates. Ally Bank CD Rates: May 2023. Is it worth putting money in a Ally Bank 14 month CD for 2. For comparison purposes, the rate for a 13-month CD that does have an early withdrawal penalty is 4. 10 Best CD Rates for April 2023. Best CD Rates NASA Federal Credit Union - 5. Ally Bank CD Rates 2023: How They Compare. It offers the ability to check balances, find ATMs, transfer funds, manage one-time and recurring transfers, deposit checks, pay bills, send money with Zelle. Available nationwide, Ally Bank is currently offering 1. If you typically use the interest from your CDs to supplement your income, you probably. Ally Promotional 14-Month Select CD @ 2. Ally offers three different CDs with a variety of terms, rates, and features: High Yield CDs: Traditional CDs with terms between 3 months and 5 years Raise Your Rate CDs: Special bump-up CDs. Connexus Credit Union: High APY Rates for Short-Term CDs. Ally Bank CD Rates. 15% APY is better than any of this bank’s other CD rates, including. Best CD Rates of May 2023 Alliant 3 Month Certificate: 4. Ally Bank has a 14 month CD at 2. 00% APY), 18-month High Yield CD (1. Special Promotional Offer Details. Ally Bank CD Rates – Now up to 4. Compare Ally Bank with other CD rates. 00% APY BrioDirect 12 Month High-Yield CD: 5. Ally’s 12-month CD rates are nearly three. Contact a representative by calling1-877-247-ALLY (2559). Ally Bank is an acclaimed digital bank that offers a suite of competitive FDIC-insured online deposit accounts including CDs (certificate of deposits), savings accounts, interest checking and money market accounts. Most banks and credit unions give CD customers at least two choices when they open a CD. Bread Financial: Highest CD Rates. Check out other CDs based on their APYs and minimum opening deposits, and choose Go to site once you find the option that fits you. Ally Bank doesn’t charge maintenance fees on its CDs, nor does it require a minimum deposit. Best CD Rates NASA Federal Credit Union - 5. To renew into this CD, youll need to Change Terms on your Manage CD page. Best Bread Savings CD Rates: 1 year — 5. CIT Bank 11 months CD. Fed Raises Rates Again: Why Its The Perfect Time To Open A. Ally offers seven terms of CDs, a no-penalty CD and two terms of a Raise Your Rate CD. Provide your personal and financial information, as required by the bank. For example, choose 18 months instead of 1. Ally offers three different CDs with a variety of terms, rates, and features: High Yield CDs: Traditional CDs with terms between 3 months and 5 years Raise Your Rate CDs: Special bump-up CDs. Ally Bank offers a wide array of products, services, and an attractive CD rates of up to 4. Best Bread Savings CD Rates: 1 year — 5. Most banks and credit unions give CD customers at least two choices when they open a CD. There is no minimum deposit requirement to open a. Step 2: Apply for your preferred Ally Bank CD account. Ally Bank Review – Online Bank With No Minimum Balance Required. Ally Bank is offering a 13-Month Select Certificate of Deposit at 4. CD Calculator: Free Calculator for Certificates of Deposit. 1 day ago · The Ally Bank® No Penalty CD offers a 4. Ally Bank Review – Online Bank With No Minimum Balance Required>Ally Bank Review – Online Bank With No Minimum Balance Required. Not too bad, if you missed that 4. 25% APY; higher APYs may be available for other terms, click Learn More for details Minimum balance None Monthly fee. Theres no minimum deposit required to open an account and you can withdraw your full. Ally Select CD rates have gone up - 4. You can open an Ally CD account online or by calling 877-247-2559 to have a representative walk you through the process. None has a minimum balance requirement or. CD Rates in April 2023: Up to 4. Apr 30, 2019. Synchrony Bank Ups Rates of 14. The highest-paying CD account at Ally Bank right now is the 18-month High Yield CD which offers an APY of 4. Our Top Picks for Best CD Rates for April 2023. 05% added to your new interest rate. Ally Bank has a 14 month CD at 2. 70% Today 5/10 - Ally Bumps OSA & MM APY Account Rates (Still Trailing) 5/6 - Ally CD Rates Rise 4/22 - Ally Special 20 Month 1. See full list on depositaccounts. Have an Ally Bank CD thats up for maturity? Nows the perfect time to renew, take advantage of this limited-time CD and get a loyalty reward of an extra 0. Avoid Monthly Fees There are no monthly fees involved with this CD Account. 60% APY throughout your CD term. Compare CD Interest Rates / Ally Bank® Checking & Savings Credit Cards Investing & Retirement Mortgage Auto Personal Loans Compare CDs View a side-by-side comparison of our different CD options. It may not be listed on their site so just call them and inquire about the Select CD. 25%, but I’m not holding out much hope. 8x higher than the national average. You can open an Ally CD account online or by calling 877-247-2559 to have a representative walk you through the process. With its 13-month Select CD, you could lock in a 4. Ally also offers special “Select CD” products from time to time. Bank of America CD rates. Ally Bank is an online-only bank formerly known as GMAC Bank. Do you see it going higher with Fed. 80% APY, depending on the length of your. Headquartered in Sandy, Utah, and founded in 2009, Ally Bank is the digital-only banking division of Ally Financial, Inc. Ally has the following description of its early withdrawal penalties on its website for its CDs: 24 months or less: 60 days of interest 25 months - 36 months: 90 days of interest 37 months - 48 months: 120 days of interest 49 months or longer: 150 days of interest One downside with Allys CDs is that they dont allow partial early withdrawals. Ally Select CD rates have gone up - 4. Compare Ally Bank with other CD rates. That’s why if you do nothing, it automatically renews into a 12 Month High Yield CD. Fed Raises Rates Again: Why Its The Perfect Time To Open A Flex CD …. The bank’s High Yield 18-month CD earns 4. CNBC Select reviews the Ally Bank High Yield certificate of deposit (CD). 85% in the no penalty CD. CNBC Select reviews the Ally Bank High Yield certificate of deposit (CD). Ally Bank CD Rates for May 2023. Enter the CD term length, and select years or months. For example, a 7-month special rate CD might roll into a 6-month standard rate. The 14-month CD yield is now 115 basis points above the yield of the 60-month CD. To get started: Go to the provider’s site and follow the steps to apply. Ally Bank’s 12-month High-Yield CD has an APY of 4. Ally CD rates 1-year: 4. High Yield CD rates range from 2. Ally Bank doesn’t charge maintenance fees on its CDs, nor does it require a minimum deposit. Final Take To GO Ally Bank is a digital-only bank, so all of your banking will be done online. Features offered with every Ally Bank CD. Fed Raises Rates Again: Why Its The Perfect Time To Open A …. Compare CD Interest Rates / Ally Bank® Checking & Savings Credit Cards Investing & Retirement Mortgage Auto Personal Loans Compare CDs View a side-by-side comparison of our different CD options. 25% APY NerdWallet rating Read review Ally Banks rates on certificates of deposit are some of the most competitive among banks. Theres no minimum deposit required to open an account and you can withdraw your full balance and interest any time after. Synchrony Bank pays APY on an 11-month no penalty CD. 00% for 20-month : r/AllyBank 1 mo. Ally Bank, an online bank, offers three flavors of CDs: traditional CDs, no-penalty CDs, and raise your rate CDs. From the the Ally website, click on Bank and then Open Account. Thanks to Community Member SUCHaDEAL for posting this deal. 35% Pros Highly competitive APY rates, 4. ago by GoodGuyGraham Ally Select CD rates have gone up - 4. Ally Select Cd 14 Month80% APY with an 11-month, no-penalty CD. Ally Review: Which Institution Offers a Higher. Ally Bank/CNET Currently, the average 12-month CD has a 1. Ally Bank is an acclaimed digital bank that offers a suite of competitive FDIC-insured online deposit accounts including CDs (certificate of deposits), savings accounts, interest checking and money market accounts. 00% APY), 18-month High Yield CD (1. Ally Bank is offering a 13-Month Select Certificate of Deposit at 4. 85%? - Quora Answer (1 of 16): I know nothing about ally Bank and they might be the best bank in the world but a quick search indicates they are US based where a rate of 2. Enjoy no monthly service fees and no penalty if you access funds before maturity. ago by GoodGuyGraham Ally Select CD rates have gone up - 4. 13-month offered through 6/13/23 https://www. There no downside compared to the savings account. Alliant Certificate 4/5 Annual Percentage. Read Bankrates Expert Ally Review 2. Ally Bank CD Rates CDs are a certificate issued by a bank to a person depositing money for a specified length of time. Ally Bank has a 14 month CD at 2. Its iOS version is the most robust. Elizabeth Gravier @ six-month CD, one-year CD, three-year CD and five-year CD. 85% APY 20-Month (Nationwide) Availabile nationwide, open a new Ally Bank CD account and earn a high interest rate on Select CD term. In addition to checki Select Region. Ally Bank, the companys direct banking subsidiary, offers an array of deposit,. If you’re confident you won’t need the money for at least 14 months, Synchrony’s 14-month CD is your best bet. 25% APY 11-Month No Penalty CD, 4. Best CD Rates NASA Federal Credit Union - 5. 2% 6-month bank CDs, typically yielding 0. If you open Ally 13-Month Select CD by June 13, 2023, youll earn 4. Fed Raises Rates Again: Why Its The Perfect Time To Open A Flex CD. Enter the CD term length, and select years or months. com/_ylt=AwrFCAdvl1VkfCsYhvBXNyoA;_ylu=Y29sbwNiZjEEcG9zAzQEdnRpZAMEc2VjA3Ny/RV=2/RE=1683359728/RO=10/RU=https%3a%2f%2fwww. Ally Financial Inc. Ally Bank also offers its Raise Your Rate CD with two- and four-year terms. Synchrony Bank Synchrony Bank pays 4. It offers the ability to check balances, find ATMs, transfer funds, manage one-time and recurring transfers, deposit checks, pay. They also have a 12 month CD at 2. Deal Summary: Ally Bank CDs – 14-month Select CD (1. CD Laddering Tools Ally’s CD Ladders are designed to mitigate one of the major drawbacks of long-term CDs: their tendency to tie up holders’ funds for years. Ally Bank offers seven CD terms, ranging from three months to 60 months. Ally Bank® 13-month Select CD / Special Promotional Offer Not your average bank. In this review we will just focus on Ally Bank’s fixed-rate CDs. Barclays is an online bank that offers high-yield CDs, with terms ranging from 12 months up to 60 months and no minimum deposit requirements. Click on the CDs tab, then select which CD you’d like to open. Ally offers three different CDs with a variety of terms, rates, and features: High Yield CDs: Traditional CDs with terms between 3 months and 5 years Raise Your Rate CDs: Special bump-up CDs. com/go/bank/13m-select-cd/. 30% APY Term (months): 15 Minimum deposit: $10,000 Early-withdrawal penalty: All interest up to 6 months worth Membership: Anyone can join NASA. For example, a 7-month special rate CD might roll into a 6-month standard rate. 00 % Open Account Learn more Choose from a variety of terms each offering a competitive, fixed rate. Allys 12-month CD rates are nearly three. Ally also offers special “Select CD” products from time to time. 11% Online bank savings accounts, typically yielding 1% to 1. The minimum required to open a CD is $1,000. Ally Bank CD rates. 25% APY NerdWallet rating Read review Ally Bank’s rates on certificates of deposit are some of the most competitive among banks. Step 3: Fund the account with an initial deposit. There’s no opening deposit requirement to open a CD account with Ally, and the bank offers a. ago Capital One offers 5% for 11-mo CD. It’s another sign that it may be wise to lock into long-term CDs now before their rates fall further. Ally Bank CD. 61% for 1-year CDs No checking account required Insured by the. Ally Bank® 13-month Select CD / Special Promotional Offer Not your average bank. However, if youd like to open a CD with a low initial deposit, Ally may be a better option. The Sandy, Utah-based bank also offers a. Bread Savings offers five terms of CDs. The frequency is often based on how the institution credits the interest. 80% APY with an 11-month, no-penalty CD. Step 1: Choose the type of CD and term length that best suits your financial situation.