Ally Bank:
  • 1-877-247-2559
  • Open 24/7

It’s your future. Save big for it.

Stash your cash for retirement with the best online bank.

If our rate goes up, you can raise yours.

Start with a great rate, plus have the opportunity to raise it once for the 2-Year term or twice for the 4-Year term, if our rate on your term and balance tier goes up. 

Get our 90-day best rate guarantee.

Fund your IRA CD within 90 days, and get the best rate we offer for your term and balance on either the day you open or day you fund. Rates are variable and may change after the account is opened.

Manage your IRA online.

Keep your retirement savings right where you can see it. Log in anytime to manage your account. Plus, we don’t charge any monthly maintenance fees.

Why choose this type of retirement account?

Why choose this type of retirement account?

If you don’t want your retirement funds riding the waves of the market, an Ally Bank IRA is a great option. You’ll still get the tax benefits of an IRA and it’s FDIC insured.

Features offered with every Ally Bank IRA CD.

Digital banking tools.

It’s easy to bank anytime, anywhere with the Ally Mobile app.

Your money, FDIC-insured.

Deposits are insured by the FDIC up to the maximum allowed by law.

Learn more

No monthly maintenance fees.

Don’t expect any sneaky monthly maintenance fees with us.

You have options.

Available for Roth, SEP and Traditional IRAs.

Find the IRA for you

Up your saving strategy with a CD ladder

See how combining short-term and long-term CDs can help you maximize your earning potential and save smarter. 

Up your saving strategy with a CD ladder

See how combining short-term and long-term CDs can help you maximize your earning potential and save smarter. 

Get more for your money.

Compare the cost of banking somewhere else.

What you should know.

Our Annual Percentage Yields (APYs) are accurate as of XX/XX/XXXX. The APYs for other banks are provided by and are accurate as of XX/XX/XXXX. The APYs in this table are for the state of California.

If you make an early withdrawal, you may pay a penalty. An additional IRS tax may also apply; please consult your tax professional.  

No hidden fees, no surprises.

You shouldn’t be nickel and dimed for using your own money. 

We don’t charge any maintenance fees for your Ally Bank CD.

When your CD matures, you can withdraw your money at no charge during a 10-day grace period. 

Early withdrawals

Withdrawals before the maturity date are subject to penalties. Partial withdrawals aren't allowed. Are there exceptions?


Your withdrawal may be subject to an additional 10% Internal Revenue Service (IRS) tax if it’s made before you reach 59 ½. You may want to check with a tax professional before making withdrawals from your IRA CD. 

Early withdrawal penalties will depend on your CD term.  

  • 2 Years

    60 days of interest

  • 4 Years

    120 days of interest

Get to know every aspect of this account before you sign up.

Check out our Straight Talk Product Guide (PDF).

Bank better, starting now.

It only takes a few minutes to open an account.

1. Tell us about yourself.

We'll need some personal details like your address, contact information and social security number.

2. Fund your account.

There’s no minimum amount to open an account, but the faster you fund, the sooner you’ll earn interest.

3. Enjoy our award-winning experience.

Get online access right away and explore everything we offer as well as other ways we can help you reach your goals.

Build a better financial future.

Whether you’re just starting out or nearing retirement, we’ve got resources and tools to help you at any life stage.


We have answers.

You don’t have to do anything to get the loyalty reward.

It's automatically added when your CD, including IRA CDs, renew. Want to change terms? No problem. Your loyalty reward will be added to any term you choose for your CD, including IRA CD, at renewal. Check back 30 days before your CD matures to see what the reward is at that time.

To change terms or add funds online: Log in, choose Manage CDs. From there, you can make changes or add funds to your balance.

To change terms or add funds from the Ally Mobile App: Log in, choose  after the Current Balance, select Manage CDs and then choose Make Changes.

Still have questions? Visit our Help Center.

Which username did you forget?

Forgot your bank or invest username?

Call us 24/7 for help.

Bank 1-877-247-2559

Invest 1-855-880-2559