Ally Bank High Yield CD

in CD Accounts from Ally Financial Inc.

Claimed

Ally Bank High Yield CD

Claimed

in CD Accounts from Ally Financial Inc.

Highlights
Community Rating	Strongly recommended
Minimum Deposit	$0
APY	0.75% - 2.85%

Ally Bank High Yield CD Review

Ally Financial Inc. is based in Philadelphia, PA. It was founded in 2001 and offers banking services in 50 states (and Washington, DC).

Is Ally Bank High Yield CD insured by the FDIC?

Certificate deposits invested with Ally Financial Inc. are insured by the Federal Deposit Insurance Corporation (FDIC). The FDIC insures up to $250k in CDs per accountholder.

What types of CDs does Ally Financial Inc. offer?

IRA
Traditional

What APY does Ally Financial Inc. offer on its CDs?

Ally Bank High Yield CD offers an APY starting at 0.75% and ranging up to 2.85% (APY stands for annual percentage yield, rates may change).

What types of terms does Ally Bank High Yield CD offer?

Ally Financial Inc. offers CD terms of the following lengths:

Ally Bank High Yield CD Rates & Terms
Description
APY	0.75% - 2.85%
APY Type	Fixed APY
3-Month APY	0.75%
6-Month APY	1%
11-Month APY	N/A
12-Month APY	2.55%
2-Year APY	N/A
3-Year APY	2.45% - 2.6%
4-Year APY	N/A
5-Year APY	2.85%
7-Year APY	N/A

What is the minimum deposit to open a CD account with Ally Financial Inc.?

Ally Bank High Yield CD does not require a minimum initial deposit.

What types of early withdrawal penalties does Ally Bank High Yield CD charge?

Financial institutions don't typically charge many fees on certificate of deposit accounts. However, some do charge a fee if you chooose to withdrawal your money before the CD term ends.

Ally Financial Inc. does not charge an early withdrawal fee.

Ally Bank High Yield CD Fees
Description
Annual Fee	N/A
Transfer Fee	N/A
Rollover Fee	N/A
Early Withdrawal Fee Amount	N/A

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