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Ally Bank Accounts and Rates

No account minimums

No monthly maintenance fees

Competitive rates

A quick overview of our accounts.

High Yield CD

  • Best for: Earning consistent interest when you lock your funds in for the length of the term.

AVAILABLE TERMS

Annual Percentage Yield

  • No minimum deposit to open or earn APY

  • Early withdrawal penalty will apply

  • APY is fixed for the term of the CD but subject to change upon renewal

Raise Your Rate CD

  • Best for: Earning interest with the flexibility to raise your CD rate. If our CD rate goes up, yours can too.

AVAILABLE TERMS

Annual Percentage Yield

  • No minimum deposit to open or earn APY

  • Start with a great rate, plus have the opportunity to increase your rate once over the 2-year term or twice over the 4-year term, if our rate for your term and balance tier goes up

  • Early withdrawal penalty will apply

  • APY is fixed for the term of the CD but subject to change upon renewal

No Penalty CD

  • Best for: An established fund you may need to access soon after opening.

Annual Percentage Yield

%

  • No minimum deposit to open or earn APY

  • You can withdraw all your money any time after the first six days following the date you funded the account, and keep the interest earned with no penalties

  • APY is fixed for the term of the CD but subject to change upon renewal

Compare our rates in one place.

CDs

Term

APY

3-month High Yield CD

%

6-month High Yield CD

%

9-month High Yield CD

%

11-month No-Penalty CD

%

12-month High Yield CD

%

18-month High Yield CD

%

2-year Raise Your Rate CD

%

3-year High Yield CD

%

4-year Raise Your Rate CD

%

5-year High Yield CD

%

Savings, Checking and Money Market

Account

APY

Money Market Account 
(all balance tiers)

%

Savings Account 
(all balance tiers)

%

Spending Account 
(less than $15,000 balance)

%

Spending Account 
(more than $15,000 balance)

%

Our High Yield CD, Raise Your Rate CD and Savings Account can also function as an IRA, offering the same APY as the non-IRA option.

Annual Percentage Yields (APYs) displayed are accurate as of .

Not Sure Where to Start? Let us help you find the right place for your money.