Introducing our limited-time 14-Month Select CD.

View a side-by-side comparison of our different CD options. ... Start with a great rate, plus have the opportunity to increase your rate once over the 2-year term or twice over the 4-year term, if our rate for your term and balance tier goes up ... You can withdraw all your money any time after the first six days following the date you funded the account, and keep the interest earned with no penalties

Introducing our limited-time 7-Month Select CD.

The Ally Ten Day Best Rate Guarantee also applies at renewal. Weighing your options? We’re here to help with the window shopping. You can also compare CDs for more rates. ... Earn even more savings with our 6-Month High Yield CD. Learn more ... Earn even more savings with our 7-Month Select CD.

There are Select CDs that don't renew into the same term; instead, they renew into the term defined when the CD was opened. ... To provide renewal instructions online, choose Manage CDs. To provide renewal instructions from the Ally Mobile App: Log in, choose after the Current Balance, select Manage CDs and then choose Make Changes.

December 26, 2018 - ... Just rolled a CD that was coming due and moved the funds from the No Penalty CD that I opened to earn the recent bonus to a limited time offer for existing customers. The offer is a 14 month Select CD at 2.85%. The rep said that this offer will be out there into the month of February 2019.

June 24, 2025 - Explore different types of CDs (certificates of deposit) and find the one that fits your savings goals. Take our quick quiz and make a smart choice for your financial future.

No Penalty CD – 11-month term that lets you withdraw all your money any time after the first 6 days following the date you funded the account, and keep the interest earned with no penalties. Select CD – take advantage of promotional terms featuring all the benefits of a High Yield CD.

April 29, 2019 - No-penalty CDs: These CDs have fixed rates, and you can withdraw the full balance after the first six days without a fee. Promotional CDs (“Select CD”): Ally sometimes has promotional CDs with a predetermined expiration date.

With our Raise Your Rate CD, you have the option to raise your rate once over the 2-year term and twice over the 4-year term, if our rates on these CDs go up.

July 9, 2024 - Annual percentage yields (APYs) shown for Ally’s No Penalty CD are as of June 20, 2025 and may vary by region. Read more: What are no-penalty CDs and how do they work? See how rates for this account have changed over time. Select the CD term length from the dropdown and interact with the trend lines to view APY by date.

2 days ago - To determine the top CDs, CNBC Select ranked those that offer above-average APYs and a range of CD terms. Some banks offer different CD types, like a CD where you can raise your APY or a CD where you can withdraw penalty-free. See our methodology for more information on how we choose the best CD accounts. ... Alliant Credit Union is a Member NCUA.

1 week ago - You can open a CD from Ally Bank online. When completing an application, you’ll first need to select your desired CD term and input the amount of your initial deposit.

May 17, 2025 - If you don't withdraw your money before the end of the grace period, the CD will generally auto-renew into a CD with the same term length, but with whatever interest rate Ally offers at the time of renewal. Some of Ally's Select CDs will renew into a different term.

October 22, 2025 - Two common choices are a high-yield savings account and a certificate of deposit, or a CD. Both CDs and savings accounts are great options for saving, but what’s best for you depends on your goals and the kind of access you need to your money. Read more: How Ally Bank’s buckets and boosters push your savings further

May 15, 2023 - A CD has a fixed term length and a maturity date, at which time your funds can be withdrawn penalty-free. Like other deposit accounts, such as checking and savings accounts, CDs are federally insured up to the maximum amount allowed by law when issued by an FDIC-insured institution, such as Ally Bank.

The 20-month Select CD isn’t that long, but at least you’ll keep earning 5% APY through most of 2024. One thing nice about the 18-month and 20-month CDs is that the early withdrawal penalty is fairly mild for this maturity length, only 60 ...

No Penalty CD – 11-month term that lets you withdraw all your money any time after the first 6 days following the date you funded the account, and keep the interest earned with no penalties. Select CD – take advantage of promotional terms featuring all the benefits of a High Yield CD.