No Penalty CD (Certificate of Deposit) - Ally Bank

Ally Bank (earlier known as GMAC Bank) has come up with a new type of certificate of deposit (CD) known as "No Penalty CD." As the name suggests we can withdraw our money before the CD matures and we will NOT be charged any penalty fees for early withdrawal. In short we can maximize our earnings without losing flexibility over our funds.

Open a High Yield No Penalty CD at Ally Bank - Great