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Ally Bank’s Flexible CD – Get more now and maybe later
Written by admin No Comments Published: February 2, 2010

ally raise your rateAlly Bank (the internet banking division of GMAC) is offering a new type of 24 month CD – one that you can lock in it’s current rate of 1..92% APY now, and then if rates go up you have ONE chance to upgrade your CD account to the new rate. Then if rates continue to go up you have to wait until your CD matures but at least you can participate in a major rate hike if one occurs during the next two years.

Unless there is another major financial meltdown, you can bank on CD rates increasing over the next 24… [Continue Reading - Ally Bank's Flexible CD - Get more now and maybe later]