Ally Bank CD Bank Rates 1.01% 12 Month CD Interest Rates

Ally Bank CD bank rates on 1 year certificates of deposit are currently more then 3 times the Federal Deposit Insurance Corporation (FDIC) average 1 year CD rates of 0.09 percent. Current Ally Bank CD rates are at 1.00 percent with an APY of 1.01 percent.

Ally Bank's 12 month bank CD rates are also more than 3 times the FDIC's national average 12 month jumbo CD rates of 0.28 percent. You can find CD rates at banks higher than Ally Bank's rate but not much higher. CIT Bank is currently offering 12 month CD interest rates at 1.09 percent with an APY of 1.10 percent. CIT's rates are the best CD rates on our rate list.




While CIT Bank has a higher 1 year certificate of deposit rate the bank also has a higher minimum deposit than Ally Bank. CIT Bank's minimum deposit for that rate and yield is $25,000 while Ally Bank's doesn't have a minimum deposit to earn the rate and yield posted above.

CD Bank Rates at Ally Bank

• 3 months CD Rates 0.44% APY 0.44%


• 6 months CD Rates 0.75% APY 0.75%


• 9 months CD Rates 0.74% APY 0.74%


• 12 months CD Rates 1.00% APY 1.01%


• 18 months CD Rates 0.94% APY 0.94%


• 3 years CD Rates 1.33% APY 1.34%


• 5 years CD Rates 1.73% APY 1.74%

Raise Your Rates CD Rates

• 2 Years CD Rates 1.13% APY 1.14%


• 4 Years CD Rates 1.48% APY 1.49%

No Penalty CD Rates

• 11 Month CD Rates 0.92% APY 0.92%

As you can see Ally Bank CD interest rates are competitive when you compare the bank's rates with the other CD rates at banks on our rate tables. For example Ally's 5 year CD rates are at 1.73 percent but their rate isnt' the highest CD rates on our list.

That distiction belongs to Discover Bank. Current Discover Bank CD rates on 5 year certificates of deposit are 1 basis point higher at 1.74 percent with an APY of 1.75 percent.