<prompt> Human: I saw a thread a while back about the Ally 11 Month No Penalty CD being at 1.50 for balances 25K, so put my next house fund savings into it.Since its no penalty, I can confirm you can quickly and easily close your old CD and the funds are made instantly available to re-invest at the higher rate.Seems like a no-brainer if youre already in at the lower rate!  <response>: I saw this on Bogleheads and went right to Ally and transferred 25k from my savings. I have a tuition payment coming in January so this is nice to have just in case I need it for an emergency or if I dont quite have enough to cover the full tuition payment in my savings. 