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Ally Bank Raise Your Rate Certificate of Deposit (CD) Best CD Rates
 

Ally Bank Raise Your Rate Certificate of Deposit (CD) Best CD Rates

Right now some of the best CD rates at Ally Bank can be found on Ally Bank's Raise Your Rate Certificates of Deposit (CD). There are two certificate of deposit terms available on Ally Bank's Raise Your Rate CD, two year and four year.

Besides the difference in CD rates and CD terms the only other difference between the two CDs is with the 2 year CD you can raise the CD rate once and with the 4 year CD you can raise the CD rate twice. That is if CD rates move higher during the time you hold the certificate of deposit.



24 month CD rates are currently at 1.29% with a bank CD yield of 1.30%. 48 month bank CD rates are currently at 1.78% with CD yields at 1.80%. Following is a list of the Raise Your Rate certificate of deposit account benefits:

  • Open with $0

  • No monthly fees

  • One CD interest rate increase with the 2 year term

  • Two CD interest rate increases with the 4 year term

  • Personalized Raise Your Rate alerts to let you know when rates go up

  • Extra peace of mind with the Ally Ten Day Best Rate Guarantee

  • Daily compound interest for maximum earnings

  • FDIC insured to the maximum allowed by law.

  • Automatic renewal at maturity.


Ally's Raise Your Rate CD rates are accurate as of 8/30/2011. For a complete list of Ally Bank CD rates go to ally.com. For a list of CD rates at banks from many different banks go here: CD Rates at Banks.
Author: James Martin
August 31st, 2011