New Bank Offers

Ally has lowered its savings and money market rates from 3.20% to 3.10% APY.  This marks the second 10 basis point decline in the last two months.

Ally has also lowered its 11-month No Penalty CD by 10 basis points to 2.80% APY.

For over a decade until less than two years ago, Ally had offered the the most competitive online savings and no Penalty CD rates.   Its rates currently sit below those its peers.