Ally Bank CD Rates: 4.55% APY 14-Month Term (Nationwide)

Find the latest Ally Bank CD Rates, Offers, and Promotions here.

Update 4/17/24: The 14 month term rate has decreased to 4.55% APY (from 4.65%). While it is a decent rate, you can earn a much higher rate from institutions like Rising Bank, Western Alliance Bank, and Ponce Bank.

Best CD Rates: 4.55% APY 14-Month Term, No Minimum

Availability: Nationwide

Credit Inquiry: Soft Pull

About Ally Bank CD Rates

Ally Financial Inc. is a leading digital financial services company. Ally Bank, the company’s direct banking subsidiary, offers an array of deposit and mortgage products and services. Their commitment to their customers has been at the core of who we are for 100 years. They are relentlessly focused on “Doing it Right” and being a trusted financial services provider to our consumer, commercial, and corporate customers.

Ally Bank offers a vast array of products including CD options for all of your specific financial needs. From checking and savings account to loans and CDs, you are bound to find one that works for you.

*The above rates are accurate as of 5/17/2024*

Ally Bank CD Rates

CDs are a certificate issued by a bank to a person depositing money for a specified length of time. Usually the longer a term, the higher APY rate you make.

With no opening deposit, you can invest in a Ally Bank CD account to maximize your earnings. Compare their offers now to find the solutions that fit best with your savings goals. Be sure to also check out the CD rates below to potentially find even better rates for you!

• Minimum deposit: None
• Maximum deposit: None
• Early withdrawal penalty: Withdrawal of dividends prior to maturity will reduce earnings

(FDIC Insured)

Ally Bank CD Features

• No minimum deposit to open
• Interest compounded daily
• Automatically renews into a 12-month High Yield CD
• Your deposits are insured by the FDIC up to the maximum allowed by law

Bottom Line

Ally Bank offers you high, competitive CD rates to grow your savings. All you need to do is to pick your CD term and with no minimum deposit, anyone can qualify for this fantastic bonus.

This is ideal for accounts like Certificate of Deposits. Though the rates are worth checking out, be sure to still compare them with the nation’s best using our guides: CD Rates | Savings Rates.

This is a great opportunity to invest in a high-interest CD with a low balance from Ally Bank. However, you may want to compare them with our best CD Rates:

• 6-Month CD Rates
• 9-Month CD Rates
• 12-Month CD Rates
• 18-Month CD Rates
• 24-Month CD Rates
• 36-Month CD Rates
• 48-Month CD Rates
• 60-Month CD Rates
• No Penalty CD Rates

Be sure to apply as soon as you can to start your new account experience and start earning higher rates. Check back often for the latest Ally Bank CD rates!

Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.