GMAC Bank is offering some of the best CD rates available on their long term CDs, with yields of 5.45% APY on their 2, 3, 4, and 5 year CDs. Their shorter term CDs also provide some fairly high yields, with 5.30%, 5.35%, and 5.40% APY on their 9, 12, and 18 month certificate of deposits, respectively. Minimum balance is $500.

CDs are an excellent choice for anyone willing to trade accessibility to funds in exchange for a high-yield, low-risk investment. GMAC Bank is FDIC insured for up to $100,000.
For more information, visit their website at www.GMACBank.com, email GMAC bank customer support at customercare@gmacbank.com, or call their customer service hotline at 1-866-2GMBANK.