Florida CD Rates Today - Compare Best APYs for June 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
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Current Florida CD rates include Raymond James BankRaymond James Bank710 Carillon Pkwy, Saint Petersburg, FL 33716A+5.0 ★Texas Ratio: 3.67%Real return: +1.65%APY minus CPI (February 2026) offering 48 Months at 4.45% APY, U S POSTAL SERVICEU S POSTAL SERVICE7650 W Courtney Campbell Cswy Ste 900, Tampa, FL 33607A+5.0 ★Texas Ratio: 4.34%Real return: +1.45%APY minus CPI (February 2026) offering 1 Year Starter Add-On at 4.25% APY, United Fidelity BankUnited Fidelity Bank135 Perry Ave Se, Fort Walton Beach, FL 32548A+5.0 ★Texas Ratio: 0.81%Real return: +1.35%APY minus CPI (February 2026) offering 6-Month CD Term at 4.15% APY, Tampa Bay Federal Credit UnionTampa Bay Federal Credit Union3815 N Nebraska Ave, Tampa, FL 33603A-5.0 ★Texas Ratio: 13.64%Real return: +1.35%APY minus CPI (February 2026) offering 18 Month Market Watch Share Certificate at 4.15% APY, and CIBCCIBC340 Royal Palm Way, Palm Beach, FL 33480A+5.0 ★Texas Ratio: 2.97%Real return: +1.35%APY minus CPI (February 2026) offering 18-month CD at 4.15% APY. CD rates as of June 23, 2026 according to verified data from MonitorBankRates.
Use the tables below to compare CD rates across all terms in Florida side-by-side. Florida CD rates currently reach as high as 4.45% APY from Raymond James Bank at 710 Carillon Pkwy, Saint Petersburg, FL 33716. Rates are continually updated — we recommend checking back frequently.
The Annual Percentage Yields (APYs) displayed reflect actual verified offers from top-rated institutions. Rates are subject to change at the institution's discretion without notice and may depend on your initial funding amount. A substantial penalty may be imposed for early withdrawal, which could reduce earnings on the account. CD Rates Last Updated and Verified: June 23, 2026
Compare Best CD Rates in Florida
Florida 3 Month CD Rates
Available for current 3-Month CD clients only
Earn 3.55% APY on balances of $500 or more. Account matures in 3 months. $500 minimum opening balance. It's easy to get started with a minimum opening balance of $500. Lock in a competitive rate for a 3-month term - regardless of changing interest rates. After 3 months, you can decide your next steps on your savings. Fund your CD with as much as $500,000 online and up to $1,000,000 in a branch.
Penalty for early withdrawal: 3 Months Dividends
APY = Annual Percentage Yield. APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
APY = Annual Percentage Yield. APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
APY = Annual Percentage Yield. APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
APY = Annual Percentage Yield. APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
Traditional/Roth IRA
Jumbo Certificate
Regular
Traditional/Roth IRA
Regular Certificate
Last updated 06/10/2026
Relationship APY
Florida 6 Month CD Rates
A minimum deposit of $1,000 is required to open a CD | Rates subject to change | Member FDIC
Over 7 different types of business CDs to choose from.
Penalty for early withdrawal: 3 Months Dividends
Rate Fixed/Variable: Fixed; Dividends Compounded Paid: Monthly
About 6 Month CD
Dividend Rate: 3.59% for $1,000 - $49,999.99; Dividend Rate: 3.64% for $50,000 - $99,999.99; Dividend Rate: 3.69% for $100,000 and over
APY = Annual Percentage Yield. APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
Dividend Rate: 3.59% for $1,000 - $49,999.99; Dividend Rate: 3.64% for $50,000 - $99,999.99; Dividend Rate: 3.69% for $100,000 and over
Dividend Rate: 3.59% for $1,000 - $49,999.99; Dividend Rate: 3.64% for $50,000 - $99,999.99; Dividend Rate: 3.69% for $100,000 and over
APY = Annual Percentage Yield. APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
Last updated 06/10/2026
APY = Annual Percentage Yield. APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
Opened over the telephone or in a Wealth Center.
Only available to existing Premier customers.
APY = Annual Percentage Yield. APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
Florida 12 Month CD Rates
APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
The Best Share Certificate Rates In the Local Market!
APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
Dividend Rate $10,000 - $49,999.99: 3.84%, Annual Percentage Yield $10,000 - $49,999.99: 3.91%, Dividend Rate $50,000 - $99,999.99: 3.84%, Annual Percentage Yield $50,000 - $99,999.99: 3.91%, Dividend Rate $100,000 and over: 3.84%, Annual Percentage Yield $100,000 and over: 3.91%
APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
About 12 Month CD
Penalty for early withdrawal: 3 Months Dividends
Rate Fixed/Variable: Fixed; Dividends Compounded Paid: Monthly
APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
Dividend Rate: 3.74% for $1,000 - $49,999.99; Dividend Rate: 3.74% for $50,000 - $99,999.99; Dividend Rate: 3.74% for $100,000 and over
Lock in your guaranteed rate today.
Opened over the telephone or in a Wealth Center.
Only available to existing Premier customers.
Florida 18 Month CD Rates
Variable rate certificate. The rate is adjusted on the first of each month and is calculated by using the 24-month Treasury Bill rate in effect on the 10th day of the previous month plus 0.25% (25 basis points). At maturity, the certificate automatically renews.
This is a variable rate certificate. The rate is adjusted on the first of each month and is calculated by using the 24-month Treasury Bill rate in effect on the 10th day of the previous month plus 0.25% (25 basis points). At maturity, the certificate automatically renews.
The Best Share Certificate Rates In the Local Market!
Featured rate
Dividend Rate: 3.83% for $1,000 - $49,999.99; Dividend Rate: 3.88% for $50,000 - $99,999.99; Dividend Rate: 3.93% for $100,000 and over
Dividend Rate: 3.83% for $1,000 - $49,999.99; Dividend Rate: 3.88% for $50,000 - $99,999.99; Dividend Rate: 3.93% for $100,000 and over
Minimum balance to earn APY: $100,000
Dividend Rate: 3.83% for $1,000 - $49,999.99; Dividend Rate: 3.88% for $50,000 - $99,999.99; Dividend Rate: 3.93% for $100,000 and over
Call 800.593.2274 or visit a branch to open your CD and start saving today.
VIP Bonus Rate: 3.445%, VIP Bonus APY: 3.50%
VIP Bonus Rate: 3.445%, VIP Bonus APY: 3.50%
Bump Up
The minimum balance to open and earn APY is the lowest amount in each tier.
IRA Share Certificate
The minimum balance to open and earn APY is the lowest amount in each tier.
The minimum balance to open and earn APY is the lowest amount in each tier.
FL; Dividend Posting: Monthly
The minimum balance to open and earn APY is the lowest amount in each tier.
Florida 24 Month CD Rates
Dividend Rate $10,000 - $49,999.99: 3.93%, Annual Percentage Yield $10,000 - $49,999.99: 4.00%, Dividend Rate $50,000 - $99,999.99: 3.98%, Annual Percentage Yield $50,000 - $99,999.99: 4.05%, Dividend Rate $100,000 and over: 4.03%, Annual Percentage Yield $100,000 and over: 4.10%
APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
Opened over the telephone or in a Wealth Center.
Only available to existing Premier customers.
APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
Penalty for early withdrawal: 6 Months Dividends
Call
$50,000.00 minimum balance required; Early withdrawal penalties apply
Call for weekly rates and information; Early withdrawal penalties apply
APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
Call
APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
Minimum balance to earn APY: $100,000
APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
Florida 36 Month CD Rates
Dividend Rate: 3.83% for $1,000 - $49,999.99; Dividend Rate: 3.88% for $50,000 - $99,999.99; Dividend Rate: 3.93% for $100,000 and over
One great rate.
Dividend Rate: 3.83% for $1,000 - $49,999.99; Dividend Rate: 3.88% for $50,000 - $99,999.99; Dividend Rate: 3.93% for $100,000 and over
Dividend Rate: 3.83% for $1,000 - $49,999.99; Dividend Rate: 3.88% for $50,000 - $99,999.99; Dividend Rate: 3.93% for $100,000 and over
Minimum balance to earn APY: $100,000
Penalty for early withdrawal: 9 Months Dividends
APY = Annual Percentage Yield. APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
Call for weekly rates and information; $10,000.00 minimum balance required; Early withdrawal penalties apply; Rates are indications only, and are subject to change with market conditions. Please contact a Member Service Representative for current rates. The stated rate and effective annual rate are the same.
Call for weekly rates and information; $10,000.00 minimum balance required; Early withdrawal penalties apply; Rates are indications only, and are subject to change with market conditions. Please contact a Member Service Representative for current rates. The stated rate and effective annual rate are the same.
Minimum balance to earn APY: $100,000
APY = Annual Percentage Yield. APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
Florida 48 Month CD Rates
APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
Penalty for early withdrawal: 9 Months Dividends
Call for weekly rates and information; $10,000.00 minimum balance required; Early withdrawal penalties apply; Rates are indications only, and are subject to change with market conditions. Please contact a Member Service Representative for current rates. The stated rate and effective annual rate are the same.
Call for weekly rates and information; $10,000.00 minimum balance required; Early withdrawal penalties apply; Rates are indications only, and are subject to change with market conditions. Please contact a Member Service Representative for current rates. The stated rate and effective annual rate are the same.
APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
Minimum balance to earn APY: $100,000
VIP Bonus Rate: 3.687%, VIP Bonus APY: 3.75%
VIP Bonus Rate: 3.687%, VIP Bonus APY: 3.75%
APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
IRA Share Certificate
Last updated 06/10/2026
Jumbo
Traditional/Roth IRA
FL; Dividend Posting: Monthly
Earn 3.05% APY on balances of $500 or more.
Florida 60 Month CD Rates
Call for weekly rates and information; $10,000.00 minimum balance required; Early withdrawal penalties apply; Rates are indications only, and are subject to change with market conditions. Please contact a Member Service Representative for current rates. The stated rate and effective annual rate are the same.
Call for weekly rates and information; $10,000.00 minimum balance required; Early withdrawal penalties apply; Rates are indications only, and are subject to change with market conditions. Please contact a Member Service Representative for current rates. The stated rate and effective annual rate are the same.
Dividend Rate: 3.83% for $1,000 - $49,999.99; Dividend Rate: 3.88% for $50,000 - $99,999.99; Dividend Rate: 3.93% for $100,000 and over
Dividend Rate $10,000 - $49,999.99: 3.93%, Annual Percentage Yield $10,000 - $49,999.99: 4.00%, Dividend Rate $50,000 - $99,999.99: 3.98%, Annual Percentage Yield $50,000 - $99,999.99: 4.05%, Dividend Rate $100,000 and over: 4.03%, Annual Percentage Yield $100,000 and over: 4.10%
Dividend Rate: 3.83% for $1,000 - $49,999.99; Dividend Rate: 3.88% for $50,000 - $99,999.99; Dividend Rate: 3.93% for $100,000 and over
Dividend Rate: 3.83% for $1,000 - $49,999.99; Dividend Rate: 3.88% for $50,000 - $99,999.99; Dividend Rate: 3.93% for $100,000 and over
$50,000.00 minimum balance required; Early withdrawal penalties apply
Penalty for early withdrawal: 9 Months Dividends
APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
Rates are accurate as of June 10, 2026.
VIP Bonus Rate: 3.928%, VIP Bonus APY: 4.00%
VIP Bonus Rate: 3.928%, VIP Bonus APY: 4.00%
Call for weekly rates and information; Early withdrawal penalties apply
APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
IRA Share Certificate
Minimum balance to earn APY: $100,000
APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
APY is effective as of 6/1/2026 and subject to change at any time without notice. Early withdrawal penalties may apply. Fees may reduce earnings. The minimum balance to open and earn APY is the lowest amount in each tier.
Banks and Credit Unions: If you identify an incorrect rate or wish to request removal from MonitorBankRates.com, please contact us here.
Florida CD Rate Trends
Compare local Florida CD rate quotes against the statewide average
Daily CD rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
Florida 12-month CD rates fell 0.065 points over the past 7 days to 2.278% APY.
Florida 6-month CD rates fell 0.042 points over the past 7 days to 1.586% APY.
FL CD Rate Forecast — Next 12 Months
Where are Florida CD rates headed through June 2027?
Projections based on Fed funds rate futures and historical CD-to-fed-funds spread model. Not financial advice.
What Your Savings Earn at FL CD Rates Today
Annual interest earnings at today’s Florida average APYs. State average used where available; national average as fallback.
| CD Term | FL Avg APY | $5,000 | $10,000 | $25,000 | $50,000 |
|---|---|---|---|---|---|
| 3-Month CD | 0.990% | $49.48 | $98.96 | $247.40 | $494.80 |
| 6-Month CD | 1.586% | $79.29 | $158.57 | $396.43 | $792.85 |
| 12-Month CD | 2.278% | $113.92 | $227.83 | $569.58 | $1,139.15 |
| 18-Month CD | 2.426% | $121.28 | $242.56 | $606.40 | $1,212.80 |
| 24-Month CD | 2.615% | $130.74 | $261.48 | $653.70 | $1,307.40 |
| 36-Month CD | 2.710% | $135.49 | $270.97 | $677.43 | $1,354.85 |
| 48-Month CD | 3.032% | $151.60 | $303.19 | $757.98 | $1,515.95 |
| 60-Month CD | 2.525% | $126.24 | $252.48 | $631.20 | $1,262.40 |
| Earnings shown are annualized (APY basis). Actual earnings for sub-12-month terms will be proportionally lower at maturity. Rates as of June 23, 2026. | |||||
Sample CD Ladder for Florida Savers
$25,000 split equally across 5 terms using today’s Florida average rates. As each CD matures, reinvest at the 36-month rung.
| Rung | Term | Deposit | FL Avg APY | Annual Earnings |
|---|---|---|---|---|
| 1 | 3-Month CD | $5,000 | 0.990% | $49.48 |
| 2 | 6-Month CD | $5,000 | 1.586% | $79.29 |
| 3 | 12-Month CD | $5,000 | 2.278% | $113.92 |
| 4 | 24-Month CD | $5,000 | 2.615% | $130.74 |
| 5 | 36-Month CD | $5,000 | 2.710% | $135.49 |
| Total ($25,000 invested) | $25,000 | 2.036% blended | $508.92/yr | |
Ladder example uses equal $5,000 rungs and Florida average APYs. Actual earnings depend on the specific institution and product chosen. Use the calculator above to model your exact deposit amounts.
Tracked in Florida
About Our Florida CD Rate Database
MonitorBankRates tracks 643 CD rates from 31 banks and 40 credit unions with locations in Florida, plus national online institutions available to Florida residents. Our proprietary aggregation system pulls verified rate data directly from each institution’s official website — no estimates, no national averages passed off as real offers.
Every rate listed includes the institution’s Safety Grade (A+ to F), Star Rating (1–5), and Texas Ratio — objective financial health metrics calculated from FDIC and NCUA regulatory data — so you can compare yield and institutional safety in one place.
Current top rate: Raymond James Bank offers a CD at 4.45% APY with a minimum deposit of $2,000. Use the rate table above to compare all current offers in Florida.
How to Find the Best CD Rates in Florida
What to compare when shopping for a CD in Florida
To find the best APYs in Florida, start with credit unions and online-only banks — Florida has 40 credit unions in our database, and they consistently offer some of the highest yields because they have lower overhead than traditional banks and compete aggressively for deposits.
Always compare the APY (Annual Percentage Yield), not just the interest rate. The APY reflects compounding and is the true measure of what you’ll earn.
Also compare the early withdrawal penalty. Common penalties range from 30 to 180 days of interest depending on the term. If you’re unsure whether you’ll need the funds early, a no-penalty CD or a high-yield savings account may be a better fit.
When a CD Makes Sense in Florida
- You have a planned expense coming up and want your savings to earn while you wait
- You expect rates to fall and want to lock in today’s rate
- You want FDIC or NCUA protection with a guaranteed fixed return
- You prefer banking with an institution that has a local branch in Florida — 71 institutions here report CD rates
Consider an Alternative If…
- You may need funds within 30 days → Florida savings rates
- Rates are rising and you want to benefit → Variable-rate savings or MMA
- You want check-writing access → Florida money market rates
Florida Financial Snapshot
Local demographics and economic context for CD savers — Source: U.S. Census Bureau ACS 2024
21.3% of residents are 65 or older — above the national average of 17.3% — making fixed-rate CDs a particularly relevant savings vehicle in this market. At today’s FL 12-month CD average of 2.278%, saving 10% of the local median salary ($4,189/year) and putting it in a CD would earn an additional $95 annually in interest.
Data: U.S. Census Bureau, American Community Survey 5-Year Estimates 2024. Median earnings from ACS 2023 place-level estimates.
CD Rates vs. Other Savings Options in Florida
What to compare when choosing between a CD and other deposit accounts
| Feature | CD | High-Yield Savings | Money Market | 6-Month CD |
|---|---|---|---|---|
| Rate Type | Fixed APY | Variable APY | Variable APY | Fixed APY |
| Liquidity | Locked for term | Anytime | Anytime | Locked 6 months |
| Early Withdrawal | Penalty (months of interest) | None | None | Penalty (90–180 days interest) |
| FDIC / NCUA Insured | Yes (up to $250K) | Yes (up to $250K) | Yes (up to $250K) | Yes (up to $250K) |
| Check / Debit Access | No | Usually no | Often yes | No |
| Best For | Known savings goal, CD ladder | Emergency fund, flexible savings | Liquid savings with check-writing | Slightly higher yield, less urgency |
How Certificates of Deposit Work in Florida
A certificate of deposit (CD) is a deposit account that holds a fixed sum of money for a fixed term, commonly three months to five years, in exchange for a guaranteed interest rate. In return for leaving the money untouched until the term ends, a saver in Florida typically earns a higher rate than a standard savings account pays. CDs from banks are insured by the FDIC and those from credit unions by the NCUA, in Florida as everywhere in the U.S.
Choosing a CD Term in Florida
The term is the length of time the money is committed before the CD matures. Shorter terms such as three or six months give Florida savers easier access to their funds. For example, United Fidelity Bank is offering its 6-Month CD Term at 4.15% APY. Longer terms such as three or five years usually pay higher rates. On the longer end, Raymond James Bank is offering its 60 Months at 4.45% APY. When a CD matures, the depositor can withdraw the principal and interest or roll the balance into a new term, so it helps to match the term to when the money will actually be needed.
CD Risk and Safety for Florida Savers
CDs are among the lowest-risk savings products available because the rate is fixed for the full term and the balance is federally insured up to $250,000 per depositor, per institution, per ownership category. For a Florida saver, the main trade-off is liquidity: withdrawing funds before maturity usually triggers an early-withdrawal penalty, often 30 to 180 days of interest depending on the term.
How CD Interest Is Paid in Florida
Interest on a CD is calculated using the annual percentage yield (APY), which reflects the effect of compounding over a year. Depending on the institution, interest may be credited monthly, quarterly, or at maturity, and can be paid out to a linked account or added back to the CD to compound. When comparing the Florida CDs listed above, a saver gets the truest picture of total earnings by looking at APY rather than the nominal rate.
Fixed vs. Variable CD Rates in Florida
Most CDs carry a fixed rate that is locked for the entire term, protecting a Florida depositor if market rates fall after the account is opened. Some institutions offer variable-rate or bump-up CDs whose rate can change during the term; these may start lower but allow the rate to rise if conditions improve. Which is better depends on the direction a saver expects rates to move.
Frequently Asked Questions about CD Rates in Florida
Are CD rates in Florida FDIC insured?
Do I have to pay state taxes on CD interest in Florida?
Can I withdraw my money early from a CD?
What is the difference between a Jumbo CD and a regular CD?
Are fixed-rate CDs better than variable-rate CDs?
What is a CD ladder?
Best CD rates in Florida?
- Raymond James Bank: 4.45% APY (48 Months)
- U S POSTAL SERVICE: 4.25% APY (1 Year Starter Add-On)
- United Fidelity Bank: 4.15% APY (6-Month CD Term)
- Tampa Bay Federal Credit Union: 4.15% APY (18 Month Market Watch Share Certificate)
- MIAMI FIREFIGHTERS: 4.15% APY (18 Month Share Certificate)
- CIBC: 4.15% APY (18-month CD)
- Achieva Credit Union: 4.10% APY (6 month IRA CD)
- RadiFi Credit Union: 4.05% APY (12-Month Term Certificate)
- Firefighters First Federal Credit Union: 4.00% APY (2 Year Retirement Share Certificate)
- Dade County Federal Credit Union: 4.00% APY (12 Months)
CD Calculators for Florida
At today’s FL top rate of 4.45% APY, a $10,000 deposit earns $445 in the first year. Enter your amount to see your exact return.
Florida CD LadderFL CD rates currently range from 0.990% (3-month) to 2.710% (36-month). Model a ladder with local rates to keep cash accessible while maximizing yield.
Early Withdrawal PenaltyBefore locking into a Florida CD at 4.45% APY, know your exit cost. Most institutions charge 90–180 days of interest — calculate your real net return if you need early access.
CD vs. High-Yield SavingsFlorida’s average 12-month CD is 2.278% APY. Compare locking in that rate against a flexible high-yield savings account to see which earns more for your deposit and timeline.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Florida CD rate tables are free for consumers to use, and we do not receive payment from any financial institution to be included or to be ranked in any particular order. Listings are based solely on the rates each institution publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified CD Rate Data: We aggregate certificate of deposit (CD) rates for Florida directly from the official websites of banks and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. By sourcing data from the institutions' own digital properties and manually verifying yields daily, every rate on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available yields in Florida. We feature a comprehensive mix of institutions — from neighborhood credit unions and competitive regional banks to high-yield CDs from large national institutions available to savers in FL.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update CD rates daily. Because yields can fluctuate rapidly, every CD product listed features its own specific “last updated” date for full transparency.
Cities in Florida
