Getting the highest CD interest rate might be a big priority for you as you plan for your financial future. With the vast number of banks and other financial institutions available, how can you get the best CD rates?
For starters, keep in mind that published CD rates are only part of the story.Before you deposit funds with a bank, check the terms and conditions for each product offered. Some high CD rates might only be available in another state or for larger balances or a longer term than you want.
Consider the bank itself, too, before making a deposit. How long has it been around? Has there been any positive press coverage about it? Has it won any consumer or industry awards? What about corporate leadership—what caliber of executives currently guide the company's daily business?
So while finding the highest CD rate is important, be sure to consider other factors before you make a deposit. Ally Bank works hard to help you make informed financial decisions. We never use "teaser rates," and we don't have any hidden fees. Our CDs don't have minimum opening balance requirements and our rates are consistently among the most competitive in the country according to MyBankTracker.
Compare our various CD products—we'll help you calculate what your balance at maturity should be and even show you how our rates compare to our competitors’. Plus, the Ally Ten Day Best Rate Guarantee for CDs 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.
When you're searching for the best or highest CD rates, rate shopping is a good place to start, but it's not the place to stop. See for yourself. Visit Allybank.com or call live, 24/7 customer care at 877-247-ALLY (2559) today.
Ally Bank, Member FDIC