Original Post
Written by
Edited July 30, 2023
at 03:34 PM
by
Ally Bank [ally.com] is offering a 9 Month High Yield Certificate of Deposit at 5% APY with no minimum deposit.
About this deal:
No minimum deposit to open
Interest compounded daily
Deposits are insured by the FDIC up to the maximum allowed by law
Early withdrawal penalty applies
APY is fixed for the term of the CD and is subject to change upon renewal
Manage all aspects of your CD account online, including making early withdrawals, all without having to pick up the phone
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I have 500k in investment and banking with them and never had problem.
Sgov at fidelity?
You can buy it at virtually any brokerage.
Their Money Market pays 4.40% and operates just like a savings account. I have never really understood what the difference is.
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Financial advisers are salespeople that charge exorbitant fees and lose their clients money. No one on this site needs a financial advisor.
never any issues. Over a million stored with them
Good website and good customer service. Consistently good rates too.
Treasuries will yield more, so that's where most of my cash is that isn't in equities.
US 1-MO
5.369%
US 2-MO
5.409%
US 3-MO
5.441%
US 4-MO
5.476%
US 6-MO
5.51%
US 1-YR
5.394%
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