Determining your potential return on a certificate of deposit (CD) shouldn't be a time consuming process. To save time while still ensuring you're getting a great return, use a CD Rate Calculator like the one at

The Ally Bank CD Rate Calculator can help you map out your goals and when you can expect to reach them—depending on the interest rate, the amount of your deposit, your term length and a few other factors. It's as easy as typing in a few numbers.

  • First, enter an opening deposit amount. There's no opening deposit requirement, so you can plug in whatever deposit amount you're considering.
  • Then, you'll see the current interest rate displayed for the account you're considering. Our interest rates are consistently among the most competitive in the country.
  • You will then see the amount of your potential balance, so you'll know exactly what to expect if you allow your CD to mature without an early withdrawal.

Ally Bank offers CDs in a wide range of terms to help you reach your savings goals. There's no minimum deposit to open and all of our CDs are backed by the Ally Bank Ten Day Best Rate Guarantee. Whether you're interested in our High Yield CD, No Penalty CD or Raise Your Rate CD, you'll get rates that are among the most competitive in the country and customer service that makes banking as simple as possible. Learn more at or call live, 24/7 customer care at 877-247-ALLY (2559) today.

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