Ally Bank Certificate Of Deposit (CD) Rates
The Ally Bank certificate of deposit (CD) rates are from an internet bank built on the foundations of GMAC Financial Services, which dates its history back to 1919. In May 2009, Ally Bank was launched and re-defined the entire banking experience by providing 24/7 customer service, having no monthly fees, no minimum deposits or minimum balances, and by providing new innovative products like the Ally Bank CDs.
Ally Bank’s No Penalty CD lets you maximize your earnings as well as flexibility. It is a fixed rate CD with the freedom of a no-fee early withdrawal. The No Penalty CD is a 9 month term. It has an interest rate of 0.99% with an APY of 0.99%.
Lock in a great rate and have the option of a one-time rate increase if the rate goes up with Ally’s Raise Your Rate CD. This CD is a 2 year term that has an interest rate of 2.00% with an APY of 2.02%.
If you are looking for highest fixed CD rate for a fixed term, perhaps one of Ally’s High Yield CD could be just for you. Interest is compounded daily for maximum earnings. Their 3 month CD has an interest rate of 0.89% with an APY of 0.89%. The 6 months CD has an interest rate of 1.18% with an APY of 1.19%. The 9 months CD has an interest rate of 0.98% with an APY of 0.98%. The 12 months CD has an interest rate of 1.56% with an APY of 1.57%. The 18 months CD has an interest rate of 1.73% with an APY of 1.75%. The 3 years CD has an interest rate of 2.41% with an APY of 2.44%. The 4 years CD has an interest rate of 2.65% with an APY of 2.69%. The 5 years CD has an interest rate of 3.04% with an APY of 3.09%.
These bank rates were posted 3/12/2010 and are still current and effective as of 3/16/2010. The rates may also change without prior notice. Visit their website for complete details on these Ally Bank certificate of deposit (CD) rates.
For additional resources about CD’s on this website, please view Best CD Rates March 2010.
Information on SunTrust Bank 3% CD Package is available on our sister website of www.bestcdratestoday.com.
We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name.
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