Certificate Rates at GMAC Bank

GMAC Bank has the best certificate of deposit rates for right now for CDs with a life of 3 months to 3 years.  They only require $500 minimum to open a new CD account and they are FDIC insured.

Here is a list of GMAC Bank’s current CD rates:

Term Rate APY
3 months 3.20% 3.25%
6 months 3.68% 3.75%
9 months 3.73% 3.80%
12 months 4.16% 4.25%
18 months 4.17% 4.26%
2 years 4.35% 4.45%
3 years 4.40% 4.50%
4 years 4.40% 4.50%
5 years 4.78% 4.90%

Better CD rates can be found at Eloan for 4 year, 5 year, and 6 year CDs. Eloan requires $10,000 to open a new certificate of deposit account.

Don’t get stuck with a low CD rate from another bank and invest your money in the best rates that you can find to maximize your return on investment.

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1 yr cd rates 6 month cd rates Highest CD Rates

December 2nd, 2008