GMAC or Capital One?

**Ima saver** · 07-05-2006, 10:10 AM

Re: GMAC or Capital One?

I can't either!!

**Broken Arrow** · 07-05-2006, 10:37 AM

Re: GMAC or Capital One?

Strange. Why does Capital One have a High Yield MM that requires no minimum balance, but the regular MM requires $100? Both appear to give the same rate.

**Ima saver** · 07-05-2006, 12:41 PM

Re: GMAC or Capital One?

I think because the regular one gives you checks.

**JoyJoy** · 07-06-2006, 06:57 AM

Re: GMAC or Capital One?

Well let me know what you decide "guys" and why! LOL

I understand Capital One is really fast with their transfers. I don't know about GMAC. Both of them seem well worth the investment.

**Broken Arrow** · 07-07-2006, 08:07 AM

Re: GMAC or Capital One?

GMAC is up to 4.90% today.

**poundwise** · 07-08-2006, 05:49 AM

Re: GMAC or Capital One?

I think you would find that both are fine accounts to have. GMAC currently offers a higher yield, but also has a limitation in that you must maintain a balance of $500 to avoid fees.

There are, of course, other options that offer even higher yields and have no minimum balance requirement.

GMAC or Capital One?