If you withdraw early, you'll be charged an early withdrawal penalty. With a CD, you must commit your money for the entire term.

SkyOne Federal Credit Union: 5-Month High-Yield CD - 5.40% APY.

Great Lakes Credit Union: 12-Month High-Yield CD - 4.00% APY.Here are some of the top CDs available now: Higher interest rates than traditional banks.A variety of CDs not offered by most other banks.Special Promotion CD: Ally Bank occasionally offers special promotion CDs with a high interest rate for a limited period of time.You can raise it once for the 2-year term, or twice for the 4-year term. Raise Your Rate CD: This CD lets you raise your rate if APYs happen to go up during your term.It's a good option if you're not sure about locking up your funds. It lets you withdraw your money early without penalty, and you get to keep all your earned interest. No Penalty CD: Most flexible CD from Ally Bank.You get a fixed rate for the entire time. High Yield CD: This CD has 7 terms, ranging from 3 months to 5 years.What CDs Are Available at Ally Bank?Īlly Bank offers several flexible CD options that you can align with your savings goal and personal needs. Here are the CDs you can open at Ally Bank and their rates. And CDs that let you 'bump up' your interest rate. In addition to term CDs, they have a unique no-penalty CD where you can withdraw your money without fees. Ally Bank offers more CD options than many other banks.

Ally bank cd interest rates