If you've been researching CD rates, then you may have found that online CD rates are very competitive and are often higher than the CD rates at traditional banks. When you make sure your online bank deposits are FDIC-insured, just like your local bank, then you've found a great alternative for CD shopping.
Ally Bank Offers Competitive CDs.
Online CD rates from Ally Bank are consistently among the most competitive in the country. In fact, one of our loyal customers said, "I have been impressed with the consistently higher annual percentage yields (APYs) offered by Ally [Bank]."
And of course, all your CD deposits are FDIC insured to the maximum allowed by law.
Choose Your Term.
At Ally Bank you can select the term that suits your needs, from 3 months to 5 years. Plus, there's no minimum opening deposit.
Enjoy Flexibility, Too.
Some of our most popular online CDs also offer a degree of flexibility. With the No Penalty CD, you can withdraw all your money, including interest earned, without any penalties, after the first six days following the date you fund your account. And Our Raise Your Rate CDs give you the option to raise your rates — once with a 2-Year and twice with a 4-Year term — if our interest rates on these CDs go up on these CDs during your term.
Visit Allybank.com to learn more about getting competitive rates for online CDs. Or speak live with a knowledgeable Ally Bank Customer Care Associate anytime, 24/7 at 877-247-ALLY (2559).
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