In 2025, NerdWallet selected Ally as the best overall bank and the best institution for CDs. Best for: Those who want strong rates, minimal fees, easy access to customer support and don’t need ...

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Business Insider's personal finance team compared Ally Bank CD rates to the best CD rates and found them to be above average. Ally Bank (Member FDIC) is known for operating entirely online.

Ally is an online bank that offers many savings options, including certificates of deposit. You can open a variety of CD terms that, when renewed, automatically come with a 0.05% interest rate boost.

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. Certificate of deposit (CD) accounts can help you grow ...

Ally Bank offers high-yield CDs with competitive rates and no minimum deposit requirement. Interest on Ally CDs compounds daily and is either credited to your account annually or at maturity ...

Sallie Mae pays 3.40% to 4.05% APY on CDs, while Ally Bank CD rates are 2.90% to 4.05% APY on its regular CDs. The offers are similar, the exception being if you don't have at least $2,500 to open ...

If you want traditional long-term CDs, Capital One 360 might be a better choice. Ally doesn't offer 2-year and 4-year ...