Ally Bank 11-Month No-Penalty CD

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About Ally Bank CD Rates & Fixed Deposits

The Ally Bank 11-Month No-Penalty CD from Ally Bank is one of the top-rated CD Rates & Fixed Deposits options evaluated on MoneyCompared, earning an overall product score of 9.5/10. Zero-minimum No-Penalty CD from Ally Bank with a 0.05% Loyalty Reward upon renewal and penalty-free full withdrawal any time after the first 6 days.

Key highlights include 4.00% APY (11-Month No-Penalty), a fee structure of $0 Early Withdrawal Penalty after 6 Days, and +0.05% Loyalty Rate Boost at Renewal + 10-Day Best Rate Guarantee. Accounts are backed by FDIC Insured up to $250,000 and supported by Ally Bank's 4.9 / 5.0-rated digital banking experience.

Features

Annual Fee $0 Early Withdrawal Penalty after 6 Days
Regular APR / Rate 4.00% APY (11-Month No-Penalty)
Intro Offer / Welcome Bonus +0.05% Loyalty Rate Boost at Renewal + 10-Day Best Rate Guarantee
Savings APY / AER 4.00% APY with $0 Minimum Deposit & $0 Penalty after 6 Days
Minimum Deposit $0 Minimum Deposit Required
Foreign Transaction Fee $0 Early Withdrawal Fee
Deposit Insurance FDIC Insured up to $250,000
Mobile App Rating 4.9 / 5.0
Overall Rating 9.5 / 10

About Product

  • Annual / Monthly Fee: $0 Early Withdrawal Penalty after 6 Days
  • APR / APY Rate: 4.00% APY (11-Month No-Penalty)
  • Intro Offer / Bonus: +0.05% Loyalty Rate Boost at Renewal + 10-Day Best Rate Guarantee
  • Key Benefits: 4.00% APY with $0 Minimum Deposit & $0 Penalty after 6 Days
  • Minimum Requirement: $0 Minimum Deposit Required
  • Foreign Transaction Fee: $0 Early Withdrawal Fee
  • Protection: FDIC Insured up to $250,000

Pros

  • Rate / APR / APY: 4.00% APY (11-Month No-Penalty)
  • Fee Structure: $0 Early Withdrawal Penalty after 6 Days
  • Welcome Offer / Benefit: +0.05% Loyalty Rate Boost at Renewal + 10-Day Best Rate Guarantee
  • Rewards & Highlights: 4.00% APY with $0 Minimum Deposit & $0 Penalty after 6 Days

Cons

  • Minimum Requirement: $0 Minimum Deposit Required
  • Subject to Ally Bank eligibility and account terms

Ready to check your rate for Ally Bank 11-Month No-Penalty CD?

Visit the official Ally Bank website to view current terms, eligibility, and apply online.

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