Ally logo Skip to navigation

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 4.3626/5 based on 171 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
Customer Service
5
Product Features
5
11 mo cd
2012-07-03 by helpful from new york
whoever helped me to log in was very very helpful, wish i could remember her name.

 
5
Rates
5
Account Opening
5
Online Banking
5
Customer Service
5
Product Features
5
Excellent CD Options
2012-06-26 by Clinton77 from Littleton, CO
In a time when market rates are in the toilet Ally offers us top rates on a whole line of CD options. When rates turn these guys will be on the forefront of the trend.

 
5
Rates
5
Account Opening
5
Online Banking
5
Customer Service
5
Product Features
5
Super!
2012-06-05 by DurellP from Chicago
Super rates and super service with real human beings!

 
5
Rates
4
Account Opening
5
Online Banking
5
Customer Service
5
Product Features
5
My $.02 worth...
2012-06-05 by FlyDaddy from Knoxville, TN
I have used this offering from Ally for just over a year and I have absolutely no regrets..I was looking for a vehicle to hold under $100K, provide a reasonable yield (given current economic conditions) yet remain liquid enough for access if I found a need. The No Penalty CD has met all these requirements, setting up the account was a snap, and access is easy either by computer or via mobile device (even talking to a CS rep went well, the one time I tried it). I wouldn't hesitate sending family and friends to Ally, it has served me well.

 
5
Rates
3
Account Opening
5
Online Banking
5
Customer Service
5
Product Features
5
If only the ratewas higher.
2012-06-02 by Bugman from Beaufort County SC
I like the take money out at any time CD for eleven months. Rate not the best but for 11 months it was. Easy to start and any issues were cleared with human on the phone. I am doing it again and would suggest anyone should use this product.

 
5
Rates
5
Account Opening
5
Online Banking
5
Customer Service
5
Product Features
5
No Penalty CD
2012-05-31 by Rotn2dacor from Lake Bruin, Louisiana
This was very easy to accomplish. Really good customer service, no- hassle application process and done in a timely fashion.

 
5
Rates
5
Account Opening
5
Online Banking
5
Customer Service
5
Product Features
5
Finally a bank that has the customer in mind...
2012-05-21 by Cstmr4life from Pittsburgh, PA
I have been a customer of Ally's for a few years now and I have to say I've had nothing but positive experiences with the No Penalty CD's. I love the fact that they offer a "loyalty" rate to customers that extend their CD's. I also love the ease of the online services, I opened my accounts sitting confortable in a chair in my family room. I recommend Ally bank to anyone that will listen. Hats off to you for finally being true to your word, when you say you're putting the customer first!

 
2
Rates
5
Account Opening
1
Online Banking
5
Customer Service
2
Product Features
5
Can't easily open new account, when logged in
2012-05-18 by Review-fm Dale in Atlanta from Atlanta, GA
I can not open a new CD, easily, once I log into my online savings account, by using the funds in my savings account. ING, has you beat in this area. Even when you open a new account from outside of being logged in, it is a very drawn out process.

 
5
Rates
5
Account Opening
5
Online Banking
5
Customer Service
5
Product Features
4
Ease of Opening No Penalty CD
2012-05-18 by ChristyJ from Palm Beach Gardens, FL
Opened No Penalty CD and was extremely happy with the interest rate (saw online the daily accumulated amount days after opening) and customer service - you talk to person and don't have to go thru numerous automated menus like other banks. Talked to three different representatives and they were all knowledgeable, cogenial, and professional - well trained by Ally!

 
4
Rates
4
Account Opening
4
Online Banking
4
Customer Service
5
12 month certificate of Deposit Account
2012-05-16 by Feeling Good ! from Philadelphia. PA
Ally and Customer Service personnel are very professional. Receive timely answer to all questions. CD Rate (12/ mo.) is competitive !

  1. < prev
  2. 1
  3. 2
  4. 3
  5. 4
  6. 5
  7. 6
  8. 7
  9. 8
  10. 9
  11. 10
  12. next >

Login to write a review or rate our products


Once you log in, select the Rate our products & services button, just below your
accounts on the My Accounts page.

LoginCancel
  • Overview
  • Compare
  • Rates
  • Calculator
  • Customer Reviews
  • FAQs
  • Talk to a real person
  • Online security guarantee
  • No minimum to open

Navigation

  • contact us
  • help
  • security
  • Ally Home
  • Savings & CDs
  • No Penalty CD

Navigation Options

  • Banking

    • Checking

    • Savings & CDs

      • View All
      • High Yield CD
      • Raise Your Rate CD
      • No Penalty CD
      • Online Savings
      • Money Market
      • Compare Products
    • IRAs

      • View All
      • IRA High Yield CD
      • IRA Raise Your Rate CD
      • IRA Online Savings
      • IRA Basics
      • Compare IRAs
    • Banking with Ally

    • Find ATMs

    • Open an Account

  • Auto Financing

    • Financing Options

      • Personal Auto Financing
      • Business Auto Financing
    • Online Services

    • Payment Options

    • Lease-End Process

    • Enroll

  • Commercial Finance

    • Financial Solutions

    • Recent Transactions

  • Dealer Services

  • About Ally

    • Our Company
    • Investor Relations
    • Media Center
    • Careers
    • Giving Back
    • Ally Story
    • Ally Bank
    • Auto Financing
    • Dealer Services
    • Commercial Finance
    • Ally Financial
    • Our Company

      • History
      • Products & Services
      • Key Locations
      • Awards & Recognitions
      • Core Values
      • Operations Overview
      • Leadership
      • Board of Directors
      • Policies & Charters
    • Investor Relations

      • Financial Information
      • Events & Presentations
      • Fixed Income
      • Demand Notes
      • Securitization
      • Corporate Governance
    • Media Center

    • Careers

    • Giving Back

    • Ally Story

Contact Options

  • Bank:

    Chat Online
    1-877-247-ALLY(2559)
    Call us 24/7 Call Wait Time: 0 min
    • options
    • log in

      Access checking,
      savings & CDs

      [icon] Bank Login
      [mask]

      Make a payment
      on your vehicle

      [icon] Auto Login
      [mask]

      Looking for Dealer Services? Go to Dealer Services

    Log out

    • Go to My Accounts Go to My Vehicles
    • Log Out Log Out
  • print
  • font size adjustment options:
    • small font
    • medium font
    • large font
  • Logo A Footer
  • Ally Bank
  • Auto Financing
  • Dealer Services
  • Commercial Finance
  • Ally Financial
  • Careers
  • Privacy
  • Security
  • Legal
  • Site Map
  • Give Feedback
Equal Housing Lender
Member FDIC
  • Ally Community
  • Twitter
  • Facebook
  • Google Plus
  • YouTube
  • RSS Feed

©2009-2013 Ally Financial Inc.