FDIC & NCUA
Covered up to Up to $250,000 per person if Ally Bank fails.
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CD · USA
Ally Bank
No Penalty CD (11-Month)
3.70%
AER · fixed rate
- Min. Deposit
- No minimum
- Term
- 11 months
- Protection
- FDIC & NCUA
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What $25,000 Earns You
At 3.70% AER over 0.9 years. Take the interest once a year, or leave it in to compound.
| You Deposit | $25,000 |
|---|---|
| Paid Once a Year | $925 |
| Total Interest | $848 |
| Balance at the End | $25,925 |
Each $925 interest payment is paid to you directly, and $848 is what they add up to over the term. The figure at the end is your initial investment of $25,000 paid back plus your final interest payment.
| You Deposit | $25,000 |
|---|---|
| Total Interest | $847 |
| Balance at the End | $25,847 |
No interest is paid out to you during the investment period, so your final return will include your initial investment of $25,000 plus $847 interest.
Where You Stand
Product Details
- Type
- CD
- Term
- 11 months
- How Interest Is Paid
- Once a year Left to compound
- Min. Deposit
- No minimum
- Protection
- FDIC & NCUA
- Coverage
- Up to $250,000
- Region
- USA
Eligibility & Details
- FDIC-insured.
- No minimum deposit.
- Withdraw full balance without penalty any time after 6 days of funding.
- Fixed rate for the term.
Compare Canada is a comparison site, not a financial adviser. Figures use a $25,000 example at 3.70% over 0.9 years, compounded annually where shown. Confirm all terms with Ally Bank before you commit.
3.70%
AER fixed
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