Bank rates for CDs can easily be found through a quick search online. There are certain sites that compile lists of CD (Certificate of Deposit) rates, so you can view and compare rates from various banks all in one place. Sites like Bankrate.com update these lists frequently, but it is still wise to check with each financial institution to be sure of the most current, accurate rates.
Another reason to check each bank's website directly is to find out what fees, penalties or restrictions may be attached to their CDs. For example, there may be a minimum deposit required to get the best bank rates for CDs. And while sites like Bankrate.com typically note the requirement and do their best to stay current, the ultimate source should be the bank's site — especially since it's them with whom you're going to be dealing anyway.
However, Ally Bank offers great rates to everyone, and you can open and fund a CD with any amount. Plus our CDs are covered by the Ally Bank 10 Day Best Rate Guarantee, to help you get the best rate we offer. In fact, we're so sure you'll love our rates that we even show you the rates of our competitors' side-by-side on our site. In addition, you can subscribe to our rates via RSS feed as a way to make our rates come to you.
The reason we do all this is simple: we know people shop for the best bank rates for CDs, so we want to make it easier to do that at Ally Bank. And since we're an online bank, Allybank.com is designed to provide a great customer experience. The site is easy to navigate, helping you find the best financial products and services to suit your needs and goals. And we provide customer service around the clock, in case you ever need help with your transaction.
Learn more at AllyBank.com, or speak with live, 24/7 customer service at 877-247-ALLY (2559) today.