Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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I read somewhere that we can buy I Bonds only using Tax refund Money. Do you know we can buy I Bonds like T Bills ?
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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Thanks for the reply
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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Callable means the issuer can cancel your CD whenever they want and pay you whatever was earned up to that point. For example, if a 12-mo. callable CD is paying 6% (I know that's high, but using as...
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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Through work, I had a financial advisor who managed one of me retirement accounts. Every month I would receive a statement of what he bought and sold and at the end of the year, the firm always sent...
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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I've never had any issues with them but I wouldn't go for this when treasury yields are higher.
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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Yes, but customer service is available 24/7.
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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CFG Bank's money market pays 5.13 apr and there is no early withdrawl penalty. You are limited to a few withdrawals per month at no cost, I think it's 6, but not sure. It's a small regional bank, but...
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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also, do you mind explaining what this two differs? I don't understand the coupon column but both have similar yields, I'm not sure why the bottom one says NOTE, but only expires in 6 months. The...
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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That's the only CD from Fidelity's list that is callable. The others listed (granted, at a lower interest rate) are not callable.
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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You posted the same thing twice in the same topic? Why?
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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agreed. syncrony savings rate is 4.5% and CD is 5.10%
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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Either buy a treasury which locks you in just like this does, or put your money in something like a fidelity money market fund thats yielding 5% with more flexibility.
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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I work for the government (Dept of the Army), and yes, that's the best the government can do. Government IT is abysmal, across the board. We use one system that seriously looks like it was developed...
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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Another small bank failed on 7/28, js.
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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Same. Been with ally since 2008 or so and have never had an issue with savings, CDs or investments.
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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Fidelity has brokered CD's going for 5.7% (one year). The bank is JP Morgan Chase but that doesn't really matter as they are all insured. I have an account and it takes me one minute to click on the...
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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Is this an online only bank?
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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Have been with them for years and have never had an issue.
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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Was going to get some CD's but decided just to go right to TreasuryDirect (run by the Government) and purchase a few scattered Treasury Bills at various intervals (1 month, 13 week, 26 week) that are...
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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from another thread....
https://slickdeals.net/f/16832690-sallie-mae-12-month-high-yield-certificate-of-deposit-account-cd-5-50-apy-2-500-min-deposit
FDIC insured
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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Try using this calculator: https://www.depositaccounts.com/tools/break-cd-calculator.aspx
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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Vanguard provides 5.45 https://investor.vanguard.com/investment-products/cds.
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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You can write checks on the Money Market but not on the Savings. Their Online Savings have historically had higher rates than their Money Market, then it went to being identical for a long time. And...
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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Yes!!! They can freeze your whole accounts and you can’t do anything about it for weeks! Make sure you have different bank for backup to pay bills and needs.
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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what does callable mean? I am seeing this on fidelity. Is this the only one, it says settlement daye 1/16/23
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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https://www.ishares.com/us/products/314116/ishares-0-3-month-treasury-bond-etf and look for 30-day SEC yield.
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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Their Money Market pays 4.40% and operates just like a savings account. I have never really understood what the difference is. :dontknow:
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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that's what I've been hearing from reading online and some financial people's projections. But not for another 9-12 months or so. In reality, no one knows, but these are projections.
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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Skeptism on sgov is fine whatever. He can get a money market account based on us treasuries instead. But then telling someone to get a financial advisor is even worse advise.
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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175 Replies
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Is it very difficult to transition a 4.7% no penalty CD to this 5%?
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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I’m just about to sell my iBonds. Was looking for what to do next. Sounds like T-Bills or something like this.
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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175 Replies
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Compare to Vanguard brokered CDs, Treasuries and Bonds here:
https://personal.vanguard.com/us/FixedIncomeHome
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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Only knock against Ally bank is their security isn't the best, e.g. MFA devices instead of SMS codes.
I've also been with them for years, no issues.
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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"When you CD matures, you can withdraw your money at no charge during a 10-day grace period; withdrawal before the maturity date are subject to penalties"
Does that mean, starting on day 11, you...
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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175 Replies
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No issues with Ally, their website sucks though. These threads always have people recommending some quarter percentage better fund, but the point is to diversify your assets especially if you're at...
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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175 Replies
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Did anyone else get in on the 4.75% APY no-penalty CD from Ally back in March? I'm assuming I can open a new NP CD with Ally to get 5.0% APY and then directly transfer the money from the 4.75%...
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
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175 Replies
72,060 Views
I've never had any issues. I've had a checking, savings, and invest account with them for 6 years now.
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
+38 Score
175 Replies
72,060 Views
HYSA just went up to 4.25% as well!
Ally Bank: 9-Month High Yield Certificate of Deposit Account (CD) 5% APY (w/ No Minimum Deposits)
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Thread created 07-30-2023 by MsGal
+38 Score
175 Replies
72,060 Views
I think ally is excellent but I would not buy a 9 month cd for 5%. You can get $vusxx now for higher than 5% and your funds wouldn’t be held up for 9 months & would be void from state taxes...
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