Compare Ally Bank CD Rates With 427 Banks

Shawn Plummer

CEO, The Annuity Expert

Ally Bank CD rates are often a top contender when finding the best interest rate. However, is this the case? This guide will look at Ally Bank’s CD rates and compare them to other top banks to see who offers the best interest rate.

Earn The Highest Interest Rates On Savings Today

Fixed annuities are almost identical to Certificates of Deposit (CDs) accounts and provide higher interest rates and penalty-free withdrawals for income.

TermInsurance CompanyInterest Rate
12 MonthsSaveBetter3.00%
14 MonthsSallie Mae (No-Penalty)3.05%
24 MonthsAmerico Fixed Annuity3.55%
36 MonthsCanvas Fixed Annuity4.60%
48 MonthsOxford Fixed Annuity4.30%
60 MonthsCanvas Annuity4.60%
72 MonthsOceanview Annuity4.80%
*Fixed annuities are only for saving money to use in retirement.

Disclaimer: This is a review. The Annuity Expert is not associated with a bank or credit union. However, fixed annuities are sold at most financial institutions. We aim to help you find the highest interest rates for your retirement savings. We may receive a small referral fee if you purchase something using a link in this article.

Compare Fixed Annuity Rates

Find the highest interest rates for your savings ranging from 2 to 10 years.

Compare Ally Bank CD Rates With Other Banks

Compare CD Rates From 423 Banks And Credit Unions

Find the highest interest rates for your savings ranging from 3 months to 5 years.

Popular CD Rates Today

3 Month CD Rates

The following banks and credit unions have the highest CD rates for 3 months.

Best 3-Month CD RatesRateTermMinimum
Synchrony Bank1.50% APY3 Months$0.00
Popular Direct1.75% APY3 Months$10,000.00
TIAA Bank0.90% APY3 Months$1,000.00
TotalDirect Bank2.00% APY3 Months$25,000.00
Bethpage Federal Credit Union1.75% APY3 Months$50.00
Merrick Bank2.15% APY3 Months$25,000.00
Chevron Federal Credit Union2.15% APY3 Months$500.00
Spectrum Federal Credit Union2.15% APY3 Months$500.00

6 Month CD Rates

Best 6-Month CD RatesRateTermMinimum
CommunityWide FCU3.00% APY6 Months$1.000.00
Quontic Bank1.70% APY6 Months$500.00
PenFed Credit Union1.50% APY6 Months$1,000.00
NASA Federal Credit Union3.55% APY9 Months$1,000.00
Synchrony Bank2.00% APY6 Months$0.01
Live Oak Bank2.50% APY6 Months$2,500.00
First Internet Bank of Indiana2.43% APY6 Months$1,000.00
Popular Direct2.35% APY6 Months$10,000.00
Merrick Bank3.10% APY9 Months$25,000.00

1 Year CD Rates

The following banks and credit unions have the highest CD rates for 12 months.

Best 12-Month CD RatesRateTermMinimum
CommunityWide FCU3.00% APY12 Months$1,000.00
Bread Savings3.00% APY12 Months$1,500.00
First National Bank of America2.90% APY12 Months$1,000.00
PenFed Credit Union2.75% APY12 Months$1,000.00
Marcus by Goldman Sachs3.00% APY12 Months$500.00
Popular Direct3.00% APY12 Months$10,000.00
Synchrony Bank2.75% APY12 Months$0.00
Alliant Credit Union2.90% APY12 Months$1,000.00
LendingClub Bank3.00% APY12 Months$2,500.00
Merrick Bank3.60% APY12 Months$25,000.00
Merchants Bank of Indiana3.56% APY12 Months$1,000.00
Connexus Credit Union3.51% APY12 Months$5,000.00

2 Year CD Rates

The following banks and credit unions have the highest CD rates for 24 months.

Best 2-Year CD RatesRateTermMinimum
Bread Savings3.50% APY24 Months$1,500.00
Synchrony Bank3.00% APY24 Months$0.01.00
First National Bank of America3.05% APY24 Months$1,000.00
Pentagon Federal Credit Union3.10% APY24 Months$1,000.00
Marcus by Goldman Sachs3.10% APY24 Months$500.00
ConnectOne Bank3.60% APY23 Months$500.00
Merrick Bank3.70% APY24 Months$25,000.00
Quorum Federal Credit Union3.60% APY24 Months$1,000.00

3 Year CD Rates

The following banks and credit unions have the highest CD rates for 3 years.

Best 3-Year CD RatesRateTermMinimum
Quontic Bank3.00% APY36 Months$500.00
Bread Savings3.55% APY36 Months$1,500.00
Pentagon Federal Credit Union3.25% APY36 Months$1,000.00
Synchrony Bank3.10% APY36 Months$0.01%
First National Bank of America3.15% APY36 Months$1,000.00
Marcus by Goldman Sachs3.15% APY36 Months$500.00
Limelight Bank3.30% APY36 Months$1,000.00
Alliant Credit Union3.15% APY36 Months$1,000.00
Quorum Federal Credit Union4.00% APY30 Months$1,000.00
Merrick Bank3.75% APY36 Months$25,000.00
Connexus Credit Union3.61% APY36 Months$5,000.00

4 Year CD Rates

The following banks and credit unions have the highest CD rates for 4 years.

Best 4-Year CD RatesRateTermMinimum
Bread Savings3.60% APY48 Months$1,500.00
NASA Federal Credit Union3.85% APY49 Months$10,000.00
PenFed Credit Union3.00% APY48 Months$1,000.00
Synchrony Bank3.10% APY48 Months$0.01
First National Bank of America3.25% APY48 Months$1,000.00
Marcus by Goldman Sachs3.20% APY48 Months$500.00
Merrick Bank3.75% APY48 Months$1,000.00

5 Year CD Rates

The following banks and credit unions have the highest CD rates for 5 years.

Best 5-Year CD RatesRateTermMinimum
Bread Savings3.65% APY60 Months$1,500.00
Popular Direct3.40% APY60 Months$10,000.00
Synchrony Bank3.50% APY60 Months$0.00
PenFed Credit Union3.25% APY60 Months$1,000.00
Connexus Credit Union3.01% APY60 Months$5,000.00
First National Bank of America3.30% APY60 Months$1,000.00
Marcus by Goldman Sachs3.30% APY60 Months$500.00
Alliant Credit Union3.35% APY60 Months$1,000.00
MYSB Direct3.75% APY60 Months$500.00
Merrick Bank3.75% APY60 Months$25,000.00
KS State Bank3.70% APY60 Months$500.00

Next Steps

In conclusion, Ally Bank CD rates are an excellent option for those looking for a good interest rate. However, comparing the different rates other banks offer is essential to finding the best option for you. Contact us today for a quote, and we would be happy to help!

Ally Bank Cd Rates

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Shawn Plummer

CEO, The Annuity Expert

I’m a licensed financial professional focusing on annuities and insurance for more than a decade. My former role was training financial advisors, including for a Fortune Global 500 insurance company. I’ve been featured in Time Magazine, Yahoo! Finance, MSN, SmartAsset, Entrepreneur, Bloomberg, The Simple Dollar, U.S. News and World Report, and Women’s Health Magazine.

The Annuity Expert is an online insurance agency servicing consumers across the United States. My goal is to help you take the guesswork out of retirement planning or find the best insurance coverage at the cheapest rates for you. 

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