Compare · head to head
Ally No-Penalty CD vs American Express CD
Side by side on the numbers that decide it. The Money 8020 Score already weighs these. This page is the receipts.
AB Ally No-Penalty CD Ally Bank 81/100 | Money 8020 pick AE American Express CD American Express National Bank 97/100 | |
|---|---|---|
| Tier | Strong | Essential |
| FDIC insured | Yes | Yes |
| 11-month APY | 2.80% | — |
| Early withdrawal penalty | None | — |
| Minimum deposit | $0 | — |
| 10-month APY | — | 4.40% |
| Annual fee | — | — |
| Best for | Savers with less than $500 who want a no-penalty CD | Savers who want a 10-month CD with no minimum |
| View profile | View profile |
Which should you choose: the Ally No-Penalty CD or the American Express CD?
The American Express CD is the stronger pick of the two, with a Money 8020 score of 97/100 versus 81. Choose the Ally No-Penalty CD instead if savers with less than $500 who want a no-penalty CD.
FAQ
Ally No-Penalty CD vs American Express CD: FAQ
Is the Ally No-Penalty CD or the American Express CD better?
By our scoring, the American Express CD edges ahead with a Money 8020 score of 97/100 versus 81. The Ally No-Penalty CD can still be the better fit if savers with less than $500 who want a no-penalty CD.