Are you looking for a good CD to invest your money into? A certificate of deposit is a great option to consider as it provides you with a higher interest rate for your savings compared to investing your money into other accounts like traditional savings with interest rates of less than .25%. One bank that you might consider investing your money with is the International Bank of Chicago (IBC).Why IBC?Compare CD rates online and you will see that IBC offers one of the highest interest rates out … [Read more...]
Get a Loyalty Bonus by Renewing your CD with Ally Bank
Ally Bank offers an unadvertised bonus of 0.25% APY for customers who renew their Certificate of Deposits, or CDs. As of writing this, many have reported that when their CD with Ally is close to the end of its term, Ally offers them a 0.25% APY bonus rate on top of the current rate for the CD. A quick chat with Ally’s customer support verified that all CD terms - even the 3 month CD qualifies for the bonus. Those loyal Ally Bank customers who have been offered this … [Read more...]
Ally Bank’s High Yield CD
Are you looking for a high yield CD? Ally Bank's 1 Yr High Yield CD might offer the rate and features you are looking for. Ally Bank CD terms are available from 3 months to five years. The Ally High Yield CD has no monthly charges, and while other banks compound interest monthly, quarterly or even annually, Ally compounds your interest daily. However, the important thing to compare is the APY because it already takes into account the compounding effect. If you find a product offering a … [Read more...]
