The new Ally 2-Year Raise Your Rate CD gives you the option to increase your rate 1 time if interest rates go up over the course of your CD term.
The Ally Bank Raise Your Rate CD not only offers a competitive rate on your CD deposits, but if rates go up, you’ll have the option to increase your CD rate 1 time.
If you see that the Ally Bank 2-year CD rate has gone up, you can call Ally 24/7 to request a 1-time rate increase for the rest of your term with no strings attached.
You can open an Ally Bank CD with $0, and there are no monthly fees for Ally CDs.
Plus, with the Ally Ten Day Best Rate Guarantee, when you fund your CD within 10 days of opening or when your Ally CD renews, you automatically get the best rate that Ally offers during those 10 days.
Ally Bank compounds interest daily for their CD accounts, so you’ll get the most bang for your buck with an Ally CD.
Ally Bank CDs are also FDIC-insured, so your investments are protected when you deposit your funds into an Ally CD.
This Ally Bank CD will automatically renew at maturity, and you’ll have the option to withdraw and receive earned interest as income.
Ally Bank will only charge a fee if you make a withdrawal before the CD matures.
For all Ally CDs, the early withdrawal fee equals 60 days of interest.
Open an Ally Bank Raise Your Rate CD today to get the highest APY possible from your CD account, plus have the option to increase your rate if interest rates go up during your CD term.
Take advantage of the Ally 2-Year Raise Your Rate CD to get the option to increase your rate 1-time during your CD term.