Banks offer many types of certificates of deposit (CDs) to savers looking to meet short- and long-term goals. Ally Bank offers three types of CDs to meet your specific financial needs:

  • High Yield CD: A CD with a fixed rate for a fixed term.
  • No Penalty CDs: A CD that 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.
  • Raise Your Rate CDs: With these CDs, you have the option of a one-time rate increase if our 2-Year CD rate goes up; you have the option to increase your rate twice (two times) if our 4-Year CD rate goes up.

Take a look at the line of CD products from Ally Bank today. With competitive rates and interest that compounds daily, you'll see why our customers love Ally Bank. Learn more by visiting or call live, 24/7 customer care at 877-247-ALLY (2559).

Ally Bank, Member FDIC

View CD Rates