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SwimmingBreadfruit t1_je8xdnw wrote

Reply to comment by RollTideHTX in High-yield savings account - Which type of Ally should I open? by clong55

Why?

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gensouj t1_je9gf6d wrote

Interest rates are still going up you don't want to be locked in. But a no penalty one is fine

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CodeWubby t1_je9o7v0 wrote

No penalty CDs don't lock you in (and their rate actually just dropped 0.4%. Still higher than their HYSA rate)

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gensouj t1_je9veei wrote

yes which is why i said no penalty one is fine. and yeah its better than their apy cause their apy is pretty low compared to many other places.

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