Ally has upped the APY on their 11 month no-penalty CD again. Current APY is now 2.25%.
This means many Payback Time participants, including me, are gonna have to close their existing 2.20% APY certificates and then re-open at the new higher rate.
Note the 2.25% APY rate applies to accounts of $25,000 and over.
If Ally keeps this up I won’t have to withdraw my money on January sixteenth! 