Ally Bank CD and Savings Rates

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Bank
APY
Min Deposit
Review
Notes
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 SmartyPig 
2.01%
$0
My #1 Savings Account
 Ally Bank 
1.99%
$0
 ING Direct 
1.75%
$1
 Everbank 
1.70%
$1,500
 HSBC 
1.50%
$1
 Wells Fargo 
0.50%
$2,500
 Bank of America 
.25%
$10,000

Ally Bank, who has been spending heavily on advertising both online, and offline, is a rebranding of the old GMAC bank.

The good news is that their rates are fantastic. You can open an account completely online in just a few minutes.

Best of all: No minimum deposit for their CDs. No other major bank is doing this. I prefer their high yield savings account however.

Current Best Ally Bank CD Rates

see chart above

Better than a Ally Bank CD

Earn over 9% and have liquidity with your investment at Lending Club.

Ally Bank Online Savings Account Rate

Ally Bank’s online savings rate can be found here. Sign up here.

Other Bank Rates

Ally Bank CD Rate User Reviews

Please share in the comment section below…

What has been your experience with a Ally Bank CD Product?

{ 2 comments… read them below or add one }

joe lyons September 21, 2009 at 1:05 pm

I have a large sum to invest ( from IRA ). I would like to visit an Ally bank to discuss a CD.
Please provide the info on Ally banks in Woburn MA.
Thanks

Reply

matt wayman October 22, 2009 at 4:15 pm

I have been doing business with ally bank for a few months now.. I love their rates. higher than emigrant direct and hsbcdirect, which I have both of. (but now very little moved it to allybank).. I like the fast transfer of funds. did one last night and it was posted to my account today before money was actually taken out of my checking account.. also like the compounded daily instead of monthly like hsbc is..

take the chance they are great.

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