Ally Bank CD Rates October 2009
Some banks save their best rates for bigger deposits but not so with the Ally Bank CD rates. October 2009 shows Ally Bank still offers a high CD rate that can maximize your earnings with daily compounded interest in the short term.
Most banks offer you the interest rate on the day you fund your investment. Ally Bank gives you the best rate with its Ally Ten Day Best Rate Guarantee. Within 10 days of funding your CD you get higher interest of any change during that time period.
Ally Bank currently has a promo offer of 2.05% interest for a 12 month CD with an APY of 2.03%. This is the rate you get for an 18-month term CD.
The 3 month term CD has an interest rate of 1.24% with an APY of 1.25%. The 6 month term CD interest rate is 1.64% with an APY of 1.65%. The 9 month term CD has an interest rate of 1.69% and an APY of 1.60%. The 2 year term CD has a 2.32% interest rate and an APY of 2.35%. The 3 year term CD has an interest rate of 2.71% with a 2.75% APY. The 4 year term CD has an interest rate of 2.91% and an APY of 2.95%, and a 5 year term CD has a 3.34% interest rate with an APY of 3.40%.
These interest rates and APYs are current as of 10/8/09 and were the CD rates as posted on 10/2/09
Ally Bank CD rates October 2009 may change without prior notice.
Related posts:
- Best CD Rates October 2009
- Best CD Rates December 2009
- Ally Bank No-Penalty CD (Certificate of Deposit)
- Discover Bank CD Rates December 2009
- 3.09% 60 Month CD at Ally Bank
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