What are GMAC bank CD rates?

As of October 2023, GMAC Bank (now known as Ally Bank) offers competitive CD rates that vary based on the term length, typically ranging from a few months to several years. Rates can fluctuate frequently, so it's advisable to check Ally Bank's official website for the most current information. Generally, longer-term CDs tend to offer higher interest rates compared to shorter terms. Additionally, Ally Bank often features no minimum deposit requirements, making it accessible for a wide range of investors.