Right now, the certificate of deposit that impresses me the most is the Ally Bank 12 month CD.  This 12 month CD currently has an interest rate of 2.30 APY.  This 2.30 APY CD rate is the same as being offered on the Discover Bank CDs.  If you want to skip the rest of this review, you can check out the Ally CDs here:

High CD Rates at Ally Bank

Another great thing about the Ally CDs is that they have no minimum purchase requirement.  You read that right.  You can invest as little as you want into an Ally CD.

Ally Bank is marketing its certificates of deposits very agressively and this is perfect for you.  It seems to me that Ally’s strategy is to entice new customers with the highest CD rates in order to attract people to open an savings account, checking account or money market account.

This is gret for CD investors.  Use these special CD rates to your advantage.  You can jump from bank to bank looking for the highest CD rates.

Related posts:

1. Ally Bank CDs – 2 Year Bump Up CD
2. Ally Bank Rate Review
3. 3.09% 60 Month CD at Ally Bank