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CD Rates from GMAC

GMAC Bank is offer the following Certificate of Deposit rates for balances of over $500.00

Term Rate APY
3 months 3.20% 3.25%
6 months 3.54% 3.60%
9 months 3.59% 3.65%
12 months 3.83% 3.90%
18 months 3.92% 4.00%
2 years 4.07% 4.15%
3 years 4.35% 4.45%
4 years 4.50% 4.60%
5 years 4.88% 5.00%

 

As with all CD's there are early withdrawal penalties, you will forfeit 90 days of interest on a certificate of deposit of 1 year or less and 180 days of interest on certificate of deposits over 1 year. 

 
Author: Brian McKay
June 30th, 2008

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