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Ally Bank is offering competitive rates for their online certificate of deposit (CD) accounts. See the current rates below.
Update 2/7/2023: The APY rate for the 12 month CD increased from 4.15% to 4.25%.
- Ally Bank offers some of the best nationwide rates for its Money Market and Certificate of Deposit (CDs) accounts.
- CDs are available in term lengths ranging from 3 months to 5 years.
- CDs can be opened online with no minimum deposit required.
- Ally Bank is an internet-only bank based in Utah and offers a wide variety of deposit accounts, as well as auto financing services.
See the Posts History below for all Ally Bank offers.
Ally Bank Online CD Account Details

Ally Bank CD accounts are available with terms ranging from 3 months to 5 years.
Here is a table with the current rates for the most popular CD terms offered by Ally Bank:
Term | APY |
---|---|
12 Month CD | 4.25% |
18 Month CD | 4.25% |
- Available nationwide
- Minimum for APY: $1
- Maximum for APY:
Read more: Compare with the nation’s best CD rates here.
Account Features
- There’s no minimum deposit required to open your account.
- They don’t charge any monthly maintenance fees.
- With the Ally Ten Day Best Rate Guarantee, you’ll be guaranteed a higher rate if they go up within 10 days of account opening. This also applies upon renewal.
- Your money grows with interest compounded daily.
- They’re currently giving a 0.05% Loyalty Reward when you renew your CD.
Posts History for Ally Bank:
- Ally Bank Money Market Account Earns 3.40% APY (Nationwide)
- Ally Invest $100 Bonus for Self-Directed Trading Account [Targeted] – Ends 2/22/23
- Ally Bank Savings Account Up To $500 Bonus (Nationwide) – Ended
- Best Socially Responsible & Ethical Banks 2023
- Ally Credit Cards Launch: Unlimited Cash Back, Everyday Cash Back, Platinum Mastercard
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