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No Penalty Certificate of Deposit (CD): Customer Reviews

A great rate and no early withdrawal penalty. Withdraw your entire balance, including all interest earned, without a penalty. Click to open account.
Summary of Customer Ratings & Reviews

No Penalty Certificate of Deposit (CD)
Rated 4.3609/5 based on 169 customer reviews
Get a fixed CD rate with the freedom of a no penalty early withdrawal.

Customer Reviews
 
5
Product Features
5
Rates
5
Account Opening
5
Online Banking
5
Customer Service
5
no better rate anywhere
2013-04-28 by koko from Atlanta, GA
thanks Ally for the .25% loyalty interest rate boost!! wow!

 
5
Product Features
5
Rates
5
Account Opening
5
Online Banking
5
Customer Service
5
Great Deal for Saving!
2013-03-27 by CD4Me from Greenville, SC
The fact that I can get 50 times higher interest rate on this CD than I can from a typical bank is well enough, but knowing that I can earn good interest while saving my money but still have the safety of being able to withdraw it at any time is my kind of CD!

 
3
Product Features
3
Rates
3
Account Opening
3
Online Banking
3
Customer Service
3
trying to open a cd.
2013-03-15 by romulo from chicago
i read a lot good things about ally until i open the cd.i did open the cd but when it came time to transfer the money from bank to ALLY, it was a disaster...i finally ended up cancel the whole thing.

 
5
Product Features
5
Rates
5
Account Opening
5
Online Banking
5
Customer Service
5
Best Bank Not in Town
2013-03-04 from Vanvouver, WA
I switched all my banking and CD's over to Ally over a 2 years ago and could not be happier also had one of my No Penalty CD's mature and roll over and they added a little to the rate that pushes it above what is available for high minimum CD penalty CD's out there, great bank!

 
5
Product Features
5
Rates
5
Account Opening
5
Online Banking
5
Customer Service
5
Excellent Rates
2013-02-26 by SandB from Indiana
Ally has always provided excellent Customer Service. The great rates are excellent too!!! Hope they will not discontinue it.

 
5
Product Features
5
Rates
4
Account Opening
5
Online Banking
5
Customer Service
5
You keep your interest!
2013-02-21 by Andeee from Phoenix, AZ
I like the freedom of a no penalty CD! I use the high interest ones for most of my investment, but use a few no penalty accounts for 'just in case'. I like this flexibility as a young family with only one income.

 
3
Product Features
3
Rates
3
Account Opening
3
Online Banking
1
Customer Service
1
On Line Banking
2013-02-18 by GaryK from Nashville
It is far to hard to obtain a withdrawl with to many questions and far to much sercurity, You need a more timely and faster cost free wire service on any withdrawl. You take the money on line from accounts and need to handle withdrawls the same way.

 
5
Product Features
5
Rates
5
Account Opening
5
Online Banking
5
Customer Service
5
I love this CD.
2013-02-08 by Capt.Riceman from Columbus OH
This is the first CD that doesn't scare me in opening and letting my money stay. And I truly believe that having a no balance CD encourages more people to save.

 
5
Product Features
5
Rates
5
Account Opening
5
Online Banking
5
Customer Service
5
Great Customer Service!!
2013-01-24 by monce from chico, ca
Not only do they have the best rate; but also the best customer service 24 hrs a day!

 
5
Best rate around
2013-01-13 by KatieC123 from Missouri
I'm very happy with my no penalty CD's. Can't beat the rate and I have piece of mind knowing I can access my money if an emergency were to arise.

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