As an online bank, Ally Bank is able to give account holders better interest rates than those of traditional brick-and-mortar financial institutions. For example, they provide an online checking account that currently offers a checking interest rate of .50% APY.
Any balance under $15,000 earns this checking account rate. The APY is compounded daily and your earnings may differ as rates change over time. Since Ally is a direct bank, all transactions will be conducted over the web, phone or ATM.
Ally Bank was originally founded in 1919 as the General Motors Acceptance Corporation with the goal of providing of financing to automotive customers. The bank has expanded since then to also include insurance, online banking, mortgages and business finance products and services. Now, Ally is a global provider of financial services. If you would like to contact Ally to find out more about the certificates of deposit or other accounts they provide, contact the headquarters in Detroit, Michigan or call them at any time.
Current Ally Bank CD Rates
Other Ally Bank Rates
Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.
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