At Ally Bank, we know how important it is to make your money work as hard as possible. That's why we offer such a wide range of certificates of deposit, or CDs.Not only do we offer rates that are consistently among the most competitive in the country, we make it easier for you to choose the CDs that best suit your needs.

The Ally Bank CD Interest Calculator

With the Ally Bank CD Interest Calculator, it's easy to compare CDs and see which are best for you. Simply choose the products you'd like to compare from the dropdown menu and enter the amount you're thinking of depositing. In no time, you'll see how hard our CD rates work for you.

You can research other banks' CD rates and plug that information in to our CD interest calculator to see how Ally Bank stacks up. You also can use the calculator to see how our various CDs compare to one another. We offer a wide range of CD products, including:

  • High Yield CD, which helps maximize your earnings with interest compounded daily.
  • No Penalty CD, which allows you to withdraw all of your money after the first six days after funding your CD, with no penalty, and you keep all the interest earned.
  • Raise Your Rate 2- and 4-Year CD, which give you an interest rate that is among the most competitive in the country and allow you to increase your rate once for the 2-year CD or twice for the 4-year CD, should our interest rates on these CDs rise.

Plus, every Ally Bank CD comes with our Ally Bank Ten Day Best Rate Guarantee, which gives you the best rate we offer for your CD term during the ten days starting with your CD open date, provided you fund your CD within that time. Learn more by visiting or call live, 24/7 customer care at 877-247-ALLY (2559) today.

View CD Rates