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Ally Bank Raise Your Rate CD

in CD Accounts from Ally Financial Inc. · Member fdic

Claimed

Ally Bank Raise Your Rate CD

Claimed

in CD Accounts from Ally Financial Inc. · Member FDIC

Not enough votes for recommendation

Highlights
Minimum Initial Deposit	$0
Deposit Term	2 years 4 years
APY (Annual Percentage Yield)	1.25%

Ally Bank Raise Your Rate CD Review

Ally Bank Raise Your Rate CD is offered by Ally Financial Inc., a bank founded in 2001 and based in Philadelphia, PA. Ally Bank Raise Your Rate CD is available in 50 states (and Washington, DC).

Ally Bank Raise Your Rate CD FAQ

Are cd accounts from Ally Financial Inc. federally insured?

Yes, your Ally Financial Inc. cd accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #57803). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

What types of CDs does Ally Financial Inc. offer?

Bump Up
IRA
Traditional

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

Ally Bank Raise Your Rate CD offers an APY of 1.25% (APY stands for annual percentage yield, rates may change). This is higher than the typical APY for online-only checking accounts, which is around 1% APY.

What types of terms does Ally Bank Raise Your Rate CD offer?

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

Ally Bank Raise Your Rate CD Rates & Terms
Description
APY (Annual Percentage Yield)	1.25%
APY Type	Fixed APY
3-Month APY	N/A
6-Month APY	N/A
11-Month APY	N/A
12-Month APY	N/A
2-Year APY	1.25%
3-Year APY	N/A
4-Year APY	1.25%
5-Year APY	N/A
7-Year APY	N/A

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

Ally Bank Raise Your Rate CD does not require a minimum initial deposit.

What types of early withdrawal penalties does Ally Bank Raise Your Rate 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 Raise Your Rate 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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