Ally Bank is offering a 1.79% high yield fixed CD rate for 1- year term investments. There is no minimum deposit to take advantage of the interest rates. Details include:
- $0 minimum opening deposit
- Fee free
- Protected by Ally’s Ten Day Best Rate Guarantee
- Interest compounds daily
- FDIC insured
- Automatic renewal when maturity date hit
Ally Banks are chartered out of Utah and maintain corporate headquarters in Pennsylvania. Ally Bank’s focus is online banking. Since the financial institution does not have to pay the overhead required with managing branches, the savings are passed onto consumers in the form of higher interest rates on CD deposits.
>> Certificate of Deposit Promotional Rates
Current Ally Bank CD Rates
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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.
