GMAC Bank has the highest short term CD rates around at over 3.4 % APY for all of their certificates of deposit. If you want to invest your 2008 tax stimulus check money with zero risk then a CD may be right for you. Here’s a list of GMAC Bank’s current CD Rates:
| Term |
Rate |
APY |
| 3 months |
3.44% |
3.50% |
| 6 months |
3.54% |
3.60% |
| 9 months |
3.54% |
3.60% |
| 12 months |
3.83% |
3.90% |
| 18 months |
3.54% |
3.60% |
| 2 years |
3.68% |
3.75% |
| 3 years |
3.92% |
4.00% |
| 4 years |
3.92% |
4.00% |
| 5 years |
4.07% |
4.15% |
CDs at GMAC Bank only require a $500 minimum (compare that with Countrywide Bank’s $10,000 minimum deposit for opening CD accounts) and they are FDIC Insured. GMAC Bank’s rates are even better than Countrywide’s CD rates right now which are only at 3.25% APY for 3month, 6month, and 9month CDs.
1 users responded " Highest 6 month CD rates at GMAC Bank "
June 23 2008
like too open acct with gmac bank ok cd 3 month 6 month .