Once you've decided to start growing your savings with certificates of deposit (CDs), the next step is to find a financial institution that offers great CD rates, along with outstanding service. You might naturally start with your bank or credit union. But you should also keep in mind that you don't have to visit a brick-and-mortar bank location. You can easily search online for more competitive CD rates than you might find at a local branch.
Compare rates online.
Looking for CDs online can begin with a very simple search. Sites like Bankrate.com let you search for and compare products like a 1-year CD, for example. Such sites can provide a comparative listing of CD interest rates from various financial institutions, as well as their annual percentage yields (APYs) and minimum deposit requirements. You can also visit a bank's website directly. Allybank.com provides convenient charts comparing the interest rates of any Ally Bank CD with those from competing financial institutions.
Look for a seamless online experience.
Almost every bank or credit union offers online information and services. But not all online experiences are created equal. At Ally Bank, we're focused on providing the kind of experience that makes online banking work for consumers. We provide 24/7 live customer care via email, chat or phone plus an easy-to-navigate site and a straightforward approach to help you manage your account.
Consider Ally Bank.
When searching for CDs online, you'll find that you have many options available. 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 managing your CDs as simple as possible. Learn more at Allybank.com or call live, 24/7 customer care at 877-247-ALLY (2559) today.