Ally Bank is currently offering some of the highest CD rates available right now at any bank or credit uion. Ally Bank is advertising certificate of deposit terms ranging from 3 months to 60 months. Ally Bank also offers two other types of certificates of deposit. A No Penalty certificate of deposit and a Raise Your Rate certificate of deposit.

The No Penalty certificate of deposit is available in an 11 month CD term with a current CD rate of 1.34 percent with an annual percentage yield of 1.35 percent. Ally Bank's 11 month CD rate is higher than most 12 month CD rates from banks and credit unions. With a No Penalty CD you can withdraw your money with interest at anytime after the first 6 days.




Ally Bank’s Raise Your Rate certificate of deposit is available in a term of 2 years. The current Raise Your Rate CD rate is 1.90 percent with an APY of 1.92 percent. You can the option of raising your CD rate once during the certificate of deposit term.

The 24 month CD rate an is an excellent CD rate in general but considering you can raise the CD rate once during the term the rate is even better. Most "Bump-Up" or "Raise the Rate" certificates of deposit have rates a lot lower than Ally Bank's 2 year CD rate.

Ally CD Rates

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  3 Month Bank CD Rates 0.69% APY 0.69%


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  6 Month Bank CD Rate 1.13% APY 1.14%


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  9 Month CD Rate 1.00% APY 1.00%


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  12 Month CD Rates 1.47% APY 1.48%


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  18 Month CD Interest Rates 1.59% APY 1.60%


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  3 Year CD Interest Rate 2.22% APY 2.24%


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  4 Year CD Rates at Bank 2.43% APY 2.46%


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  5 Year CD Rates at Bank 2.90% APY 2.94%

Certificate of deposit rates can change constantly for a current list of Ally Bank’s CD interest rates go to Ally.com