Ally Bank CD Rates (2026)

Ally Bank CD rates by term

Who Ally Bank CDs are for

Best for savers who want their CDs alongside a full-featured online bank, value a no-penalty option and low penalties, and do not insist on the single highest rate.

Rates, minimum & penalties

Ally Bank requires a $0 minimum deposit to open a CD. The early-withdrawal penalty is low: 60 days interest (≤24 mo), scaling to 150 days (49 mo+). Ally Bank also offers a no-penalty CD: 11-month no-penalty CD (2.70% APY). FDIC-insured (Ally Bank). CD APYs are fixed once you open but change for new CDs frequently, confirm the current rate on the official site.

The bottom line

Ally is the best all-round online bank for CD savers who also want checking, savings, and great tools in one place, plus a no-penalty CD and famously low early-withdrawal penalties. You trade a little yield for flexibility and features. Main drawback: term rates are solid but rarely the highest; the no-penalty cd rate is low (2.70%).

See how Ally Bank stacks up in our best CD rates comparison, or compare liquid options in our high-yield savings guide.

We summarize each bank's published CD terms, not user reviews. CD APYs are fixed for the term but reprice for new CDs often; figures are re-checked against each bank's official page. CDs are FDIC-insured to legal limits. Some outbound links may be affiliate links — that never affects which banks we include or how we rate them. Nothing here is financial advice.