Ally Bank, is offering 0.340% APY on 3-month term CDs for $0 minimum deposit. The bank offers high APY rates on different kinds of CDs that have flexible terms.
Ally also offers a high yield of 0.90% APY on online savings account. You need not deposit any amount to open an account nor do you have to maintain a minimum balance to earn the specified APY rate. Furthermore, the bank does not charge any other fee for holding or making transactions through this account.