<prompt> Human: This is mostly out of curiosity, because this just doesnt make sense to me. Considering you can open a savings account with ally at 1.00 APY and have full liquidity, I cant for the life of me figure out why any 3-month or 6-month CD wouldnt have at least that rate of interest. Is there something Im missing here?Link to ally banks CD page:  <response>: FYI, these short term CDs e.g. 1 year term are almost always a bad deal relatively speaking. Compare them to a long term CD e.g. 5 years where the rate is often twice as large. Given that the penalty for early withdraw is often 6 months of interest, the 5 year CD and the 1 year CD will have the same return if you were to withdraw both both after only 1 year even when the early withdraw penalty is included. What I am saying is is that if you are in the market for a CD, there is a good chance that your best option is getting a five year CD even if there is a very real possibility of needing the money much sooner. When early withdraw penalties are included, you will often still end up ahead. 