Highest CD Rates Info

Here at Highest CD Rates Info, we’ve gone through state-by-state to look at the locally highest CD rates and now we’re going to revisit some of our favorite banks that have shown some big changes recently. We have seen a lot of Ally Bank CD rates listed in those state-centric listings, so we thought we should look at the bank’s offers now, nationally.

*Editor’s Note: this is an older article, and we have recently updated our research about current Ally Bank CD Rates.  For our latest article on Ally CD Rates, please see the following page: Ally Bank CD Rates

There are two types of Ally certificate of deposit rates: high yield and no penalty. The no penalty offer has only one term (9 months) with a 1.65% annual percentage yield (APY). It automatically renews at an additional six months at standard rates and has no minimum deposit.

Other Ally CD rates are in various terms and all have no minimum opening or maintenance deposit requirements.

The highest CD rates are nearly all the way through with a 3 month term giving a 1.20% APY, 6 months a 1.55% APY, and 9 months at 1.60% APY. One year or 18 months both give a 2.00% APY.

Longer terms for Ally Bank CD rates are two years at 2.30% APY, 3 years at 2.70% APY, 4 years at 2.95% APY, and five years at 3.40% APY.

Overall, these are some of the highest CD rates around the nation right now. Current CD rates are falling at some places and others are rising. Ally Bank (formerly GMAC) is definitely well above the national averages on nearly all deposit terms.

Ally Bank is an FDIC insured bank to the fullest extent of the law. If any of these Ally CD rates appeal to you, then lock your highest CD rates in now.