GMAC Bank, relaunching itself as Ally Bank, is offering a 9 month, no risk CD rate of 1.25%. They also have a traditional 12 month CD rate of 2.65%, slightly higher than the no risk certificate of deposit. These are some of the best CD rates available.
The no risk certificate of deposit has many great features, including:
- No money needed to open
- Withdraw funds without penalty within the first 6 days
- Really no risk!
If you are looking for the highest CD rates available, Go Banking Rates can help you there as well.