Advertising Disclosure

Ally Rate Changes as of 5-16-2025

RichardW
  |     |   779 posts since 2019

Ally eliminates the 8-month (4.00%) Select CD from their product line, and lowers the rate of their 6-month CD. The rates of their other products remain the same. When you select the previous 8-month Select CD link https://www.ally.com/go/bank/8m-select-cd/ it now re-directs to their general CD link https://www.ally.com/bank/cd-rates/

Ally rates (APY) as of 5-16-2025 include:

Savings Account @ 3.60% (no change)

Money Market Account @ 3.60% (no change)

3-month @ 2.90% (no change)

6-month @ 3.90% (was 4.00%)

9-month @ 3.90% (no change)

11-month No-Penalty @ 3.55% (no change)

12-month @ 3.85% (no change)

18-month @ 3.70% (no change)

3-year @ 3.50% (no change)

5-year @ 3.50% (no change)

For more information regarding all Ally Bank products see:

https://www.ally.com/bank/

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16
RichardW
  |     |   779 posts since 2019
The par yields of several Treasuries as of 5/15/2025 are listed below. If you are currently considering the purchase of a CD, you may wish to consider a Treasury instead. Treasuries are exempt from state and local income taxes.

1-month: 4.37%
1.5-month: 4.38%
2-month: 4.35%
3-month: 4.38%
4-month: 4.43%
6-month: 4.29%
1-year: 4.10%
2-year: 3.96%
3-year: 3.95%
5-year: 4.07%
7-year: 4.25%
10-year: 4.45%

See: https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treas...
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11
RichardW
  |     |   779 posts since 2019
Ally now has a 7-month Select CD and a 14-month Select CD in their product line. Both CDs have a rate of 3.90% (APY). 

For more information see: https://www.ally.com/go/bank/7m-select-cd/
and https://www.ally.com/go/bank/14m-select-cd/
Reply
5

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