CIT Bank vs Ally
CIT 11-Month No-Penalty CD pays 4.90% APY vs. Ally 12-Month CD's 4.60%. CIT 11-Month No-Penalty CD wins on rate; Ally 12-Month CD carries a stronger brand reputation.
Option A
CIT Bank
4.00%
APY
- Min
- $1000
- Fee
- $0/mo
- FDIC
- Yes
Best for: Competitive rate with easy online access
Open with CIT Bank →Option B
Ally
4.15%
APY
- Min
- $0
- Fee
- $0/mo
- FDIC
- Yes
Best for: people starting with smaller balances
Open with Ally →How this comparison was built
Rates and fees are pulled from each provider's published rate disclosures and reviewed by our product data pipeline. The verdict above is generated from the verified data — we don't accept payments to influence rankings. Last refreshed 5/7/2026.