Anyone use Ally for online banking?

[lisaross]

i have a bunch of cd' s maturing from ING, and there rates are so low - looking for some higher online rates - Ally seems pretty good - over 2% on 3 years.

 

[j's m]

I've had Ally bank CDs for about 2 years now. When the CDs came up for maturity (unfortunately I only had them for a year, what a mistake) they offered a quarter to a half percent extra for renewal. I don't know if they are still doing this.

I renewed them all for 5 years because their early withdrawal penalty is/was only 2 months interest when most other banks are usually 6 months. That way if rates go up I can take them out and move them.

I also have their online savings account which is higher than ING by a little. Their transfers seem to take less time than ING's tranfers.

 

[lisaross]

Great Thanx..think i'll open an account

 

[Mrs. Charming]

Good to know! I was thinking about doing this myself!