Ally No-Penalty CD vs Marcus No-Penalty 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 MB Marcus No-Penalty CD Marcus by Goldman Sachs 94/100 | |
|---|---|---|
| Tier | Strong | Essential |
| 11-month APY | 2.80% | 4.00% |
| Early withdrawal penalty | None | None |
| Minimum deposit | $0 | $500 |
| FDIC insured | Yes | Yes |
| 7-month APY | — | 3.75% |
| Annual fee | — | — |
| Best for | Savers with less than $500 who want a no-penalty CD | Savers who want a fixed rate but might need the money early |
| View profile | View profile |
Which should you choose: the Ally No-Penalty CD or the Marcus No-Penalty CD?
The Marcus No-Penalty CD is the stronger pick of the two, with a Money 8020 score of 94/100 versus 81. Choose the Ally No-Penalty CD instead if savers with less than $500 who want a no-penalty CD.
On 11-month APY, the Ally No-Penalty CD shows 2.80% versus the Marcus No-Penalty CD's 4.00%. On minimum deposit, the Ally No-Penalty CD shows $0 versus the Marcus No-Penalty CD's $500. Both figures are reflected in the Money 8020 score above; confirm current terms with each provider before deciding. This is not financial advice.
Ally No-Penalty CD vs Marcus No-Penalty CD: FAQ
Is the Ally No-Penalty CD or the Marcus No-Penalty CD better?
By our scoring, the Marcus No-Penalty CD edges ahead with a Money 8020 score of 94/100 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.
What is the main difference between the Ally No-Penalty CD and the Marcus No-Penalty CD?
On 11-month APY, the Ally No-Penalty CD offers 2.80% while the Marcus No-Penalty CD offers 4.00%. Review the full table above and confirm current terms with each provider. This is not financial advice.