No Penalty CD from Ally Bank
The No Penalty CD from Ally Bank allows you to withdraw your money and put it anywhere, without a fee. This account has no fees of any kind and can be opened with $0. Interest is compounded daily for maximum earnings. The CD offers account holders the ability to withdraw and receive earned interest as income, as long as they let Ally know before the CD maturity date or by ten days after. This account is automatically renewed at maturity. Your term and rate will go into effect when you make your opening deposit. The No Penalty CD is FDIC insured.
National CD Rate Trends
| Type | Today | Week Ago |
|---|---|---|
| 6 month CD |
0.83%  |
0.84% |
| 1 year CD |
1.11% |
1.12% |
| 5 year CD | 2.44% | 2.44% |
| 5 year IRA | 2.40% | 2.40% |
The rate information on this page is powered by Informa Research Services, Inc. © 2009. This information has been obtained from various financial institutions, and Informa Research Services cannot guarantee its accuracy. The information includes financial product data that was in the Informa Research Services database at the time of publication, and may not reflect all of the products available in your region. Before acting on the information shown on this page, contact the financial institution to verify the accuracy of the data. When contacting financial institutions, always mention FiLife to ensure you receive the preferred Internet rate. Contact links@informars.com to have your rates included in this chart.
No Penalty CD Reviews
Astute said 6 months ago
They just dropped their rate on the No Penalty CD. But even at 2.3% it is still a great deal. Love the fact that I can withdraw the money whenever I want without a penalty.
Rate and Review No Penalty CD from Ally Bank
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