GMAC Bank has some great deals on several of their CDs, with yields of over 4.00% APY. 12 month, 2 year and 3 year CDs have rates of 4.10% APY, and 4 and 5 year CDs have 4.35% APY.

Minimum deposit on GMAC Bank CDs is $500. Deposit term will begin upon receipt of initial deposit. Your interest rate will be the one in effect on that date. Interest is compounded daily. Fees could reduce the earnings on account, and there are penalties for early withdrawal.