GMAC Bank has the highest CD interest rate at 2.80%. GMAC Bank also has the highest rate on 12/3 at 3.75percent with a minimum of 500 deposited for a 6 month CD.
Here is an example of current rates with a $500 minimum deposit: GMAC Bank CD rates: 12 month 4.25% 18 month 4.26%
CD rates are the interest rates you earn on your CD deposit. The rates can vary from bank to bank.
Try www.BestOnlineCDRates.com to compare CD rates in your area. This site, www.bargaineering.com/articles/bank-cd-rates.html, claims to have the most current and competetive CD bank rates throughout the country. Depending on the bank, they usually do have the best CD rates. You can compare rates on www.bankrate.com.
Bank of America offers the highest CD rates in the industry.
A CD with a maturity date of 5 years is currently paying 2.45% interest at the Bank of Houston. This is the highest yielding CD offered by the bank.
Chase and Bank of America is giving the best cd rates. You can find more information at www.bestcashcow.com/bank_rates/savings.html or cdrates.bankaholic.com/category/cd-rates/
The best Certificate of Deposit (CD) rates in Connecticut can be found at comparison sites such as Bank Rate, Find Rates, Find Bank Rates, and also individual bank websites such as Citizens Bank.
Ally bank is part of GMAC and was formerly known as GMAC Bank.
Jumbo CD rates usually means the CD is offered for a huge amount of money being invested on the CD. The rates vary from bank to bank but usually it is better than the lower amount CD.
The rates for CD's, whether it is an online bank or a local, regional bank, depends on what bank. There is no set rule for online or at the bank branch as to which has the better rates.
If you make an appointment with an associate at whichever bank you are looking to get a Jumbo CD than they will be able to inform you of the rates. The rates will vary from bank to bank.