CD Ladders FAQs

If you need access to your money before your CDs mature, there may be an early withdrawal penalty. You can also explore our No Penalty CD , which allows you to pull money penalty-free.

Since the CDs in a ladder have staggered maturity dates, you can have regular penalty-free access to a portion of your money as each CD within the ladder matures.

With Ally Bank's 10-Day Best Rate Guarantee, you automatically get the best rate we offer for your CD during the first 10 days, starting with your open or renewal date, if you fund your CD within that time. This guarantee does not apply to interest rate increases for the Raise Your Rate CD.

If your CD ladder includes our Raise Your Rate CD , you’ll have the opportunity to raise your rate once over the 2-year term or twice over the 4-year term, if our rates increase on those CDs.

We have five different CD options you can leverage for your ladder, with a variety of term lengths.

Compare our CDs and figure out which ones work best for you.