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High Yield Certificate of Deposit (CD): Customer Reviews

Fixed rate. High yield. Smart decision. A high fixed CD rate. No minimum deposit. Click to open account.
Summary of Customer Ratings & Reviews

High Yield Certificate of Deposit (CD)
Rated 4.0165/5 based on 242 customer reviews
Get a certificate of deposit with our highest fixed CD rate for a fixed term.

Customer Reviews
 
1
Product Features
1
Rates
1
Account Opening
1
Online Banking
1
Customer Service
1
CD Statements
2012-09-18 from Vacaville, California
I have Five CD's with Ally Bank. The statements you send me show a beginning and ending balance for each CD that is the same as the amount initially deposited.The interest is not added each month. . Are you paying simple interest? Why is it that I do not see an increase in the balances each month? How do I find my actual balance in each account?

 
5
Product Features
5
Rates
5
Account Opening
5
Online Banking
5
Customer Service
5
New CD
2012-09-11 by Retired Senior from Michigan
I just opened a new CD after seeing the add on TV. Did everything online after calling to talk to a real person. She was so helpful explaning how to open a account online. It took me about 10 min. to get it set up. Today I got e-mail to confirm that the CD was all set up. It showed the first days interest, which was more in one day than I was getting at another bank for a month. Wish I had knew about this bank before this. Very happy with Ally.

 
5
Product Features
5
Rates
4
Account Opening
4
Online Banking
5
Customer Service
5
First Account Experience
2012-08-11 by CDRateFanatic
Professionnal. Knowledgeable. Above all, Accessible 24/7.

 
5
Product Features
5
Rates
5
Account Opening
5
Online Banking
5
Customer Service
4
Best rate in town!
2012-08-09 by RubyTuesday_2012 from San Jose, CA
I first heard about Ally Bank from their TV commercials. I went online to check them out. Liking what I saw on their website, I opened a Savings Account. After a few months trying it out, I then opened 1yr CD. It's by far the best interest rate compared to other banks. Their online navigation and features are easy to use and perfect for someone who doesn't need a brick and mortar bank. Highly recommend Ally!

 
5
Product Features
5
Rates
4
Account Opening
5
Online Banking
4
Customer Service
5
5 year cd
2012-08-09 by wsox from chicago
Best rate around…figure it out, with a two month penalty, if you cancel early and pay the 60 penalty in the first year, you will still beat any rate offered by anyone else !

 
5
Product Features
5
Rates
5
Account Opening
5
Online Banking
5
Customer Service
5
Customer Service Rep
2012-07-12 by savingfool from Maricopa, AZ
Very happy with the Customer Service Rep. Able to guide me thru the application process perfectly! Thank You!!

 
1
Product Features
5
Rates
4
Account Opening
1
Online Banking
1
Customer Service
5
"High" yield isn't
2012-07-11 by Linguist from Boston, MA
It's ridiculous to call this a "high" yield CD when rates generally are so miniscule.

 
5
Product Features
4
Rates
4
Account Opening
4
Customer Service
5
Great Bank!
2012-07-10 by happy saver99 from Columbus, OH
My husband and I have many accounts with Ally Bank. Their rates, customer service and website are THE BEST! I am very happy to do business with this bank.

 
3
web site is difficult
2012-07-10 by space2u from Coral Springs FL
you web site is the most difficult banking web site I feel I have ever used. I can not see the complete name of my accounts when I view them in pending transfers. the view screen does not show the full name of the investment product. I have spent HOURS just tring to deposit monies into you bank. I am wearing down and may choose another place to put my money

 
4
5 yr. cd
2012-07-09 by N.B. Big Saver from Newport Beach Ca
Smooth to open,the 60 days interest penelty fair Staff very helpfull

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