The Only 3 Month High Yield CD worth Considering (Certificate of Deposit)
Submitted by theStockMasters... on Sat, 05/30/2009 - 15:42
Tags:
Hey, we're not GMAC Bank anymore, no way, forget that we have any affiliation with GM, let's call the business... Ally Bank. Fellow Masters, Allly is out with 12 Month 2.8% APY classic certificate of deposit and a 1.7% APY 3 Month CD. Start a CD with all for $0, that's right, at least that's what the initial ad says.
Before we get to Ally's Bank offerings, let's review our sponsor offers (ads below and ads in left margin) and always remember that theStockMasters.com compiles the best CD offers each week and posts them right here - Click to Review.
Back to Ally's new offer, here's the link to their site - click here.
Get a certificate of deposit with our highest fixed CD rate for a fixed term.
* Open with $0
* No monthly fees
* Daily compounded interest for maximum earnings
* FDIC insured Maximize your coverage
* Automatic renewal at maturity
* Ability to withdraw and receive earned interest as income — just let us know before the CD maturity date or by ten days after
* Your term and rate will go into effect when you make your deposit
| Term | Rate | APY | Potential Earnings |
|---|---|---|---|
| 3 months | 1.69% | 1.70% | |
| 6 months | 2.08% | 2.10% | |
| 9 months | 2.57% | 2.60% | |
| 12 months | 2.76% | 2.80% | |
| 18 months | 2.57% | 2.60% | |
| 2 years | 2.71% | 2.75% | |
| 3 years | 3.05% | 3.10% | |
| 4 years | 3.20% | 3.25% | |
| 5 years | 3.44% | 3.50% |
SOURCE: http://www.ally.com/certificate-of-deposit/classic-cd/classic-cd-overvie...
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