When investing in your future, cookie-cutter CD accounts don’t always do enough to help you meet your goals. Ally Financial has a remedy for depositors who are interested in more choices and a more control over how their money grows in addition to their competitive CD rates.
Unlike traditional CD accounts that provide one fixed interest rate for the entire term, Ally gives depositors the flexibility and freedom to earn bigger returns with their Raise Your Rate CD.
How the Raise Your Rate CD Works
There are currently two term tiers available under the Raise Your Rate CD option:
- 2-year Raise Your Rate CD: 1.18% APY
- 4-year Raise Your Rate CD: 1.60% APY
In addition to already having the leading CD rates across all term lengths, Raise Your Rate CDs offer investors the unique ability to raise their CD rates should a higher interest rate be provided during the account’s lifetime. Depositors may submit a request via the web, secured chat or phone to an Ally representative, and CD rates are raised to the higher interest rate being offered.
Customers who are not interested in switching CD rates simply continue earning interest at their existing rate. Whether customers take advantage of the opportunity to raise rates or not, having the convenience and luxury to know that doing so is simple and stress-free is a welcomed relief.
Open a Raise Your Rate CD Today!
Ally Raise Your Rate CD Details
Depositing into a Raise Your Rate CD is easy and straightforward. There is no minimum deposit required to open a Raise Your Rate CD account, nor are there any hidden maintenance fees to worry about. Investors who opt for the 2-year Raise Your Rate CD are granted one opportunity to upgrade their CD rate immediately after opening the account.
A 4-year Raise Your Rate CD account offers greater incentive to invest by permitting depositors to raise their CD rate up to two times during the CD’s term.
Ally Financial is committed to offering their customers the best available CD rate, which is why the Ally Ten Day Best Rate Guarantee still applies to this already valuable deposit account. This guarantee allows depositors to take advantage of the best CD rate available within 10 days of opening a CD account, so investors never miss out on optimal returns.
Additionally, Ally Financial offers personalized rates alerts to keep customers in the know about the latest and most profitable CD rates available, leaving little threat of a missed rate raising opportunity. Ally CD accounts offer compounding interest for maximum gains and keep customers’ savings investment intact with automatic renewals at the close of CD terms.
Ally Keeps You Ahead of Your Goals
When it comes down to it, Ally Financial goes above and beyond to ensure products are tailored to customers’ specific needs. Stay ahead of the game with Ally’s Raise Your Rate CD and take pride in the rewards you’ve earned and deserve.
