GMAC Raises CD Rates
Category: CD Rates- gotalkmoney.com- 1:50 pm/ March 11, 2008GMAC raised all of their rates this week offering some very competitive rates. The nice thing about GMAC is that they offer a very low minimum balance at $500. Their customer service is also a major plus. If you have a little bit of money to set aside, I recommend you check out the rates this week. When rates jump this high from a bank, they tend to drop just as quick within a few days.
Below are GMAC’s rates as of March 11, 2008
3 month - 3.50% APY - #7 / 10
6 month – 3.60% APY - #9 / 10
1 year – 3.60% APY - #5 / 10
18 month – 3.60% APY - #5 / 10
2 year – 3.75% APY - #1 / 10
3 year – 4.00% APY - #1 / 10
5 year – 4.15% APY - #2 / 10
The numbers noted after the APY rates are how they rank compared to other nationwide banks.
For more information on these rates, check out GMAC’s website.

