Ally Bank CD Rates

Ally Bank, formerly know as GMAC Bank, has some of the highest CD rates available. The best CD rate is for Ally Bank's 12 month certificate of deposit, the current CD rate is 1.82 percent with an annual percentage yield (APY) of 1.84 percent. The bank refers to the 12 month certificate of deposit as having "a high fixed CD rate".

The bank also offers are no penalty 12 month certificate of deposit that currently has an APY of 1.24 percent. The no penalty CD gives you the option of withdrawing all your principal and any interest earned without a penalty after the first six days you have funded your certificate of deposit.

Current CD Rates and CD Yields

  • 3 months  1.00% 1.00%

  • 6 months  1.39% 1.40%

  • 9 months  1.19% 1.20%

  • 12 months  1.82% 1.84% 

  • 18 months  1.82% 1.84%

  • 2 years  2.17% 2.19%

  • 3 years  2.46% 2.49%

  • 4 years  2.70% 2.74%

  • 5 years  3.05% 3.10%

Ally Bank let's you open a certificate of deposit account with $0 deposit. The bank also compounds interest daily for certificate of deposit accounts which means a higher return (APY) than CD accounts compounded monthly or quarterly.

Find Current CD Rates in your zip code by using our CD rate tables.

 
Author: Robert Till
December 31st, 2009

Explore Other CD Rate Offers

CD Rates in Montgomery, AL: Highest 3 Month Bank CD Rate at 0.55% Discover Bank CD Rates - 12 Month CD Rates at 1.49% 3 Month CD Rates HSBC Advance CD Rates Best 6 Month CD Rates in Portland, Oregon Best CD Rates in Mount Pleasant, South Carolina Brio Direct CD Rates 12 Month CD Rates and CD Yields Topeka, Kansas: Best CD Rate is from Bank of Internet CD Rates from GiantBank Capital One CD Rates: 1.75% APY 12-Month CD, 2.50% APY 18-Month CD