Once you've decided to start growing your savings with Certificates of Deposit, or CDs, the next step is to find a financial institution that offers great CD rates, along with outstanding service. You might naturally start with your bank or credit union. But you should also keep in mind that you don't have to visit a brick-and-mortar bank location. You can easily search online for more competitive CD rates than you might find at a local branch.
Compare Rates Online Looking for CDs online can begin with a very simple step. For example, sites like Bankrate.com let you search for a product such as a 1-year CD. Such sites can provide a comparative listing of CD interest rates from various financial institutions, as well as their annual percentage yields (APYs) and minimum deposit requirements. You can also visit a bank's website directly. Allybank.com provides convenient charts comparing the interest rates of any Ally Bank CD with those from competing financial institutions.
Subscribe to RSS Updates With Really Simple Syndication (RSS) feeds, - instead of constantly checking the latest rates for CDs online via the bank's site - you can have this information come to you if the bank offers this service. For example you can create an RSS feed from Allybank.com, with quick setup for some of the most popular RSS readers.
Look for a Seamless Online Experience Almost every bank or credit union offers online information and services. But not all online experiences are created equal. At Ally Bank, we're focused on providing the kind of experience that makes online banking work for consumers. We provide 24/7 live customer care via email, chat or phone plus an easy-to-navigate site and a straightforward approach to help you manage your account.
When searching for CDs online, you'll find that you have many options available. Visit Allybank.com or speak to live, 24/7 customer service at 877-247-ALLY (2559) today to select a CD that suits your savings goals.