Investment products offered through Ally Invest are NOT FDIC insured, ARE NOT BANK GUARANTEED and MAY LOSE VALUE.
Mortgage products are offered by Ally Bank Equal Housing Lender .
Ally Lending products are offered by Ally Bank Member FDIC.
Ally Bank No Penalty Certificate of Deposit (CD)
Smart savings. Penalty free.
Great rates and flexibility. It’s the best of both worlds.
Seriously. No penalty.
There’s no minimum deposit required to open your account, and you can withdraw your full balance and interest any time after the first 6 days of funding your CD. Plus, we don’t charge monthly maintenance fees.
Earn more with competitive rates.
Get the best rate we offer for your CD term with the Ally Ten Day Best Rate Guarantee and grow your money with interest compounded daily.
We reward you when you renew.
We’re currently giving a 0.05% Loyalty Reward when you renew your CD to any CD with us. Check back 30 days before your CD matures to see what the reward is at that time.
Features offered with every Ally Bank 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.
No monthly maintenance fees.
Don’t expect any sneaky monthly maintenance fees with us.
Open in the name of a trust.
Offer flexibility and security for the ones you care about most.
Get more for your money.
Compare the cost of banking somewhere else.
CD Term
11 Month
What you should know.
Our Annual Percentage Yields (APYs) are accurate as of XX/XX/XXXX. The APYs for other banks are provided by mybanktracker.com and are accurate as of XX/XX/XXXX. The APYs in this table are for the state of North Carolina.
The APY we pay is based on your opening deposit amount. Advertised APYs are subject to change.
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.
You will not be charged a penalty for early withdrawal. You can withdraw your full balance and interest any time after the first 6 days following the date you funded the account.
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.
The reviews are in.
People like it here. We think you will, too.
Average Rating
FAQs
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.
after the Current Balance, select Manage CDs and then choose Make Changes.
Still have questions? Visit our Help Center.