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
174 Comments
Your comment cannot be blank.
Featured Comments
Sign up for a Slickdeals account to remove this ad.
Also keep in mind that if you need to cash out early a brokered CD may gain or lose value (since its traded in an open market) whereas opening a 9-month CD directly with Ally is subject to a fixed 60 days interest early withdrawal penalty.
Oh, I know. My husband served 23 years in the Navy.
https://fixedincome.fid
Pass on that.
Try:
VMRXX
Vanguard Cash Reserves Federal Money Market Fund Admiral Shares
Screw those damn bonds. Anything related to Government is a pain in the ass to cash.
Sign up for a Slickdeals account to remove this ad.
Capped at $25K and a pain to liquidate.
They are higher I get 5.30 with Wealthfront
Good for you, i open account because of signed up bonus. I deposit some large check and somehow it is triggered and they think i am a scammer and treat me like a scammer. They lock up my account without any communication and i cant login. They keep saying under investigation and i cannot do jack for like months. Like i say just my personal experience. I will not bank with them again. Horrible bank for me.
Sign up for a Slickdeals account to remove this ad.