Stocks, mutual funds and 401(k) accounts are great ways to save for your long-term financial goals. But as your future plans inch increasingly closer, certificates of deposit (CDs) can provide a secure place, away from market fluctuations, to hold money for a specific purpose that will be used at a specific time.
Other life events that may require you to meet certain financial goals, like a wedding, buying a home, or a once-in-a-lifetime vacation, also lend themselves to CDs. That's because they provide a safe place for the money to grow, yet periodically offer access to the funds according to the term lengths you choose. You can even open a No Penalty CD from Ally Bank, which allows you to withdraw all your money, including interest earned, without any penalty, any time after the first six days following the date you fund your account
Ally Bank offers a variety of CDs with rates that are consistently among the most competitive in the country. You can open and fund your account with any amount. Plus, the Ally Ten Day Best Rate Guarantee gives you the best rate we offer for your CD during the first ten days starting with your open date if you fund your CD within that time. See how Ally Bank CDs can help you reach your financial goals. Learn more at Ally.com or call live, 24/7 customer care at 877-247-ALLY (2559) today.