Ally Bank’s New 4 Year Raise Your Rate CD: Current CD APY at 1.99%

Ally Bank one of bank's that consistently has some of the best bank CD rates just introduced a new certificate of deposit product. Ally Bank is now offering a 4 year Raise Your Rate CD, that has a current bank CD rate of 1.97% with a CD yield of 1.99%. The bank's regular High Yield 3 year CD rate is 1.73% with an APY of 1.75%. Ally Bank's 2 year Raise Your Rate CD has a current CD rate of 1.43% with an  APY of 1.44%.

Find the best CD rates at banks and credit unions by searching our CD rate tables at

CD rates at all banks are considerably lower these days, back in 2009 when we first reported on Ally Bank's CD rates 4 year rates were at 3.20% with an APY of 3.25%.

Here are some of the Raise Your Rate CD Features:

Open with $0

No monthly fees

One interest rate increase with the 2 year term

Two interest rate increases with the 4 year term

Personalized Raise Your Rate alerts to let you know when rates go up

Ally Ten Day Best Rate Guarantee

Daily compound interest

FDIC insured to the maximum allowed by law. Automatic renewal at maturity.

Here is a list of Ally's current High Yield CD rates:

3 months 0.49% Yield 0.49%

6 months 0.94% Yield 0.94%

9 months 0.95% Yield 0.95%

12 months 1.19% Yield 1.2%

18 months 1.28% Yield 1.29%

3 years 1.73% Yield 1.75%

5 years 2.31% Yield 2.34%

Find out more about Ally Bank's CDs here: You can search our CD rate lists of the highest CD rates in your state from many different banks and credit unions.

Author: Jason P. Jones
June 24th, 2011

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