Available to all residents across the nation, Ally Bank has wide array of products to meet your individual needs. By joining Ally Bank and opening a CD account, you get to enjoy earning higher interest rate than a regular savings account.
They currently offer standard CD rates from 3-months to 60-months with 0.75% to 2.25% APY Rates but have a special 12-month CD term with 2.00% APY on all balances more. By joining Ally Bank, you get to enjoy earning higher rate of interest than regular savings account. Make sure you visit their site to sign up today!
Editor’s Note: Ally does not currently have a promotional page for this Select CD. However, it is listed in Ally’s online application with the rate, term, and minimum deposit details.
| DISCOVER CD TERM | RATE | LINK |
| 12-Month Term | 2.00% APY | Apply Now |
| 24-Month Term | 2.05% APY | Apply Now |
| 36-Month Term | 2.05% APY | Apply Now |
| 48-Month Term | 2.05% APY | Apply Now |
| 84-Month Term | 2.15% APY | Apply Now |
Ally Bank CDs
CDs are a certificate issued by a bank to a person depositing money for a specified length of time and usually the longer of a term is – the higher APY rate you make! Ally Bank’s Best CD Offer pays the highest APY rate with a 2.25% APY rate on their 60-Month term. However, their current promotion is the 12-Month CD special with 2.00% APY.
Be sure to view our Best 12-Month CD Rates list and see how they compare. Ally Bank wants to make you feel supported and helps put you in control of your hard earned funds. If you’re interested in making a higher rate than a traditional savings account then make sure to check out below CD rates.
Special CD Rates
| Term | APY Rate | Minimum Deposit | Specific Term |
| 12-month CD | 2.00% | $0.01 | Best 12-Month CD Rates |
Standard CD Rates
| Deposit | Less than $5,000 | $5,000 to $24,999.99 | $25,000 or more |
|---|---|---|---|
| Term | APY Rate | APY Rate | APY Rate |
| 3 Month | 0.75% | 0.75% | 0.75% |
| 6 Month | 1.00% | 1.00% | 1.00% |
| 9 Month | 1.25% | 1.25% | 1.25% |
| 18 Month | 1.90% | 2.00% | 2.05% |
| 36 Month | 1.95% | 2.05% | 2.10% |
| 60 Month | 2.25% | 2.25% | 2.25% |
*Rates Effective As Of 11/08/2019
CD Features
- Competitive interest rates
- No minimum deposit to open
- Interest compounded daily
- Available Nationwide
- FDIC Insured
Bottom Line
If you are interested in a short term or long term CD, look no further as Ally Bank offers you a standard and special CD rates that go up to 2.00% APY on 12-month term. All you need to do is to pick your CD term and watch your money grow! With such a great rate with such a low balance requirement, there’s no reason you should pass up this offer!
Sign up for a CD with Ally Bank and the enjoy their high APY rates today. If you are not interested or eligible, check out our Best CD Rates at HMB!
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.
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