Ally Bank yet again cut the rate of its 5-year CD. It's now 2.14% APY (down from 2.17%).
My Money Blog has a useful review
of Ally Bank's 5-year CD and its history.
We also have its rate history in our Ally Bank hub page
. Here's its sad recent history:
- 9/3/2011 2.14%
- 8/31/2011 2.17%
- 8/20/2011 2.20%
- 7/26/2011 2.32%
- 7/7/2011 2.33%
With these latest rate cuts, Discover Bank's 10-year CD is looking better