A bank certificate of deposit (CD) can be a smart way to save, because it offers a clearly defined return along with low risk. Even a quick look online will show that there are many banks to choose from when considering a CD—so how do Ally Bank CDs measure up?
Because we are an online bank, we don’t have the expense of maintaining physical branches, and we can pass that savings on to our customers in the form of great rates. Ally Bank CDs consistently offer rates among the most competitive in the country.
Other features that make Ally Bank CDs stand out include:
- Daily compounding interest. Ally Bank compounds interest daily to help your balance grow faster, as opposed to the monthly, quarterly, or even annual compounding at some banks.
- Customer friendly policies. You can open and fund an account with any amount, and you can get help when you need it online or by phone.
Visit Allybank.com or call live, 24/7 customer support at 877-247-ALLY (2559) to learn more today.
Ally Bank, member FDIC