Sample 3 Year CD Ladder

The CD ladder illustrated below was calculated using your initial deposit amount and today's rates. It's important to remember that rates are subject to change over time.

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High Yield CDs

Get a certificate of deposit with our highest fixed CD rate for a fixed term.

  • No minimum deposit to open
  • No minimum balance
  • If you make an early withdrawal, you will pay a penalty

Raise Your Rate CDs

You have the option of increasing your rate once with our 2 year CD if the rate goes up for your CD's term.

  • You can change your rate after your account is opened — if our rate on this CD goes up, yours can too
  • One interest rate increase with the 2 year term
  • No minimum deposit to open
  • No minimum balance
  • If you make an early withdrawal, you will pay a penalty

When You're Ready to Set Up Your CD Ladder with Ally

To get started on your ladder, print out this report to use as a guide. Then, follow the steps below.

Remember, these steps illustrate the sample ladder you just calculated. But you can choose to build a 3, 4 or 5 year ladder and use any starting deposit you'd like. Simply recalculate for the specific instructions.

  1. What to do today:

    Go to www.allybank.com and select Open an Account. Divide your initial deposit amount of $XX,XXX and open the following CDs:

    Product Deposit
    illustration of 1, 2, 3, 4, and 5 year CDs 1

  2. What to do one year from today:

    Your High Yield 12-month CD will mature. You will need to contact Ally to renew those funds into a new High Yield 3-year CD.

    illustration of first CD renewing 2

  3. What to do 2 years from today:

    Your Raise Your Rate 2-year CD will mature. You will need to contact Ally to renew those funds into a new High Yield 3-year CD.

    illustration of second CD renewing 3

  4. What to do 3 years from today:

    Your original High Yield 3-year CD will mature and automatically renew into a new High Yield 3-year CD.

    illustration of third CD renewing 4

Now, all your CDs are High Yield 3-year CDs, and renewal from this point will be automatic. Keep in mind each time you renew or open a new CD, rates are subject to change.

Want to put a CD Ladder to work toward retirement? Build your ladder with Ally's IRA CDs.