This is a Hoax Phishing Scam email

Subject: For attention of Ally Bank (former GMAC Bank) customer

Content of Email:

Dear Ally Bank (former GMAC Bank) customer,

According to the new Terms & Conditions you need to update your online records. Please update your records using the link:  (LINK REMOVED)

We look forward to helping you,

Your Ally Customer Care Team.

Action: Ignore and Delete this email - Do not reply and Do not click any links in it