Ally Bank Online
Ally Bank Online has some of the best bank rates in the country right now. If you are looking for the best bank rates, you have to check out Ally Bank Online.
In fact the Ally Online Banking rates are great on its savings accounts, CDs, and money market accounts.
Ally Bank Online is the former GMAC Bank which got into financial problems last year and this year. But, GMAC Bank has renamed itself, and is in the process of rebranding itself as Ally Bank.
As a new bank, Ally Bank is trying to acquire new customers by offering the best bank rates. You as a saver can use this to your advantage to get the highest savings rates.
Ally CD Rates
Ally offers two types of CDs – the classic certificate of deposit and the no penalty certificate of deposit. The Ally Classic CD is currently paying 2.35% APY on its 12 month CD. This 2.35% 12 month CD is one of the highest CD rates in the country.
Ally Savings Account Rates
The Ally Bank Savings Account is paying a 2.05% APY savings rate. This is much higher than ING Direct and HSBC. Ally Bank Online has no minimum balance requirement and allows you to open an account with zero money down. If you are looking for a high interest savings account, definitely check out Ally Bank Online.
As you can see Ally Online Banking is aggressively trying to get new account holders. This is great for us. Take advantage of these best bank rates today. Also check out the Ally Bank website for the latest rates.
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One Comment on Ally Bank Online
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Ally Bank Online | Online Banks on
Mon, 24th Aug 2009 9:16 am
[...] a while ago, we here at Online Banks Blog had a good look at Ally Bank Online. Since a little time has passed since then, we decided to have another look at online banking at [...]
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