The Best Fixed Annuity and CD Rates in Florida

Shawn Plummer

CEO, The Annuity Expert

In this guide, we’ll compare the best fixed annuity rates with the best CD rates in Florida.

Earn The Highest Interest Rates On Savings Today

Fixed annuities are almost identical to Certificates of Deposit (CDs) accounts and provide higher interest rates and penalty-free withdrawals for income. Why settle for less than 1% on your money when you can earn 3% and liquidity?

TermInsurance CompanyInterest Rate
24 MonthsOceanview3.50%
36 MonthsCanvas Annuity4.30%
48 MonthsOceanview4.10%
60 MonthsAmerico4.20%
72 MonthsAmerico4.30%
*Fixed annuities are only for saving money to use in retirement.

Disclaimer: This is a review. The Annuity Expert is not associated with a bank or credit union. However, fixed annuities are sold at most financial institutions. Our goal is to help you find the highest interest rates for your retirement savings.

Best 2 Year CD Rates and fixed annuity rates – local

Rate TypeCompanyRate (APY)Minimum
2-Year CD RateMiami Federal Credit Union0.60%$200.00
2-Year Fixed Annuity RateOceanview Fixed Annuity2.80%$80,000.00
APY = Annual Percentage Yield

Best 3 year cd rates and fixed annuity rates – local

Rate TypeCompanyRate (APY)Minimum
3-Year CD RateMiami Federal Credit Union0.65%$200.00
3-Year Fixed Annuity RateCanvas Future Fund4.30%$2,500.00
APY = Annual Percentage Yield

Best 5 Year CD Rates and Fixed Annuity Rates – Local

Rate TypeCompanyRate (APY)Minimum
5-Year CD RateMiami Federal Credit Union0.70%$200.00
5-Year Fixed Annuity RateCanvas Annuity4.30%$2,500.00
APY = Annual Percentage Yield

Popular Bank Rate Searches

Best CD Rates in Florida

3 Month CD Rates

The following banks and credit unions have the highest CD rates for 3 months.

Best 3-Month CD RatesRateTermMinimum
Spectrum Federal Credit Union0.75% APY3 Months$500.00
Navy Federal Credit Union0.40% APY3 Months$1,000.00
Chevron Federal Credit Union0.75% APY3 Months$500.00
Popular Direct0.50% APY3 Months$10,000.00
Bethpage Federal Credit Union0.40% APY3 Months$50.00
SchoolsFirst Federal Credit Union0.40% APY3 Months$20,000.00
Consumers Credit Union0.35% APY3 Months$250.00
Synchrony Bank0.50% APY3 Months$0
Luana Savings Bank0.80% APY3 Months
TotalDirect Bank0.65% APY3 Months$25,000.00
TIAA Bank0.35% APY3 Months$1,000.00

6 Month CD Rates

Best 6-Month CD RatesRateTermMinimum
CommunityWide FCU1.00% APY6 Months$1.000.00
Limelight Bank1.25% APY6 Months$1,000.00
Live Oak Bank1.10% APY6 Months$2,500.00
BMO Harris1.10% APY6 Months$1,000.00
Quontic Bank1.26% APY6 Months$500.00
Merrick Bank1.35% APY6 Months$25,000.00
PenFed Credit Union0.75% APY6 Months$1,000.00
NASA Federal Credit Union1.60% APY6 Months$10,000.00
TAB Bank1.55% APY6 Months$1,000.00
Synchrony Bank0.75% APY6 Months$0.01
Consumers Credit Union0.50% APY6 Months$250.00

1 Year CD Rates

The following banks and credit unions have the highest CD rates for 12 months.

Best 12-Month CD RatesRateTermMinimum
CommunityWide FCU1.25% APY12 Months$1,000.00
Limelight Bank1.80% APY12 Months$1,000.00
Bread Savings2.00% APY12 Months$1,500.00
Popular Direct1.85% APY12 Months$10,000.00
Connexus Credit Union2.26% APY12 Months$5,000.00
State Bank of Texas2.10% APY12 Months$25,000.00
Quontic Bank2.01% APY12 Months$500.00
First National Bank of America1.76% APY12 Months$1,000.00
PenFed Credit Union1.75% APY12 Months$1,000.00
Capital One1.50% APY12 Months$0
Marcus by Goldman Sachs1.40% APY12 Months$500.00
Discover1.50% APY12 Months$2,500.00
Sallie Mae Bank1.30% APY12 Months$2,500.00
Bethpage Federal Credit Union1.30% APY12 Months$50.00

2 Year CD Rates

The following banks and credit unions have the highest CD rates for 24 months.

Best 2-Year CD RatesRateTermMinimum
Popular Direct2.30% APY24 Months$10,000.00
Bread Savings2.50% APY24 Months$1,500.00
Pentagon Federal Credit Union2.30% APY24 Months$1,000.00
Connexus Credit Union2.86% APY24 Months$5,000.00
Merrick Bank2.65% APY24 Months$25,000.00
Quontic Bank2.51% APY24 Months$500.00
Synchrony Bank1.90% APY24 Months$0.01.00
First National Bank of America2.25% APY24 Months$1,000.00
CommunityWide FCU1.70% APY24 Months$1,000.00

3 Year CD Rates

The following banks and credit unions have the highest CD rates for 3 years.

Best 3-Year CD RatesRateTermMinimum
Popular Direct2.75% APY36 Months$10,000.00
Quontic Bank2.81% APY36 Months$500.00
Bread Savings2.75% APY36 Months$1,500.00
Pentagon Federal Credit Union2.60% APY36 Months$1,000.00
USAlliance Financial Credit Union3.25% APY36 Months$500.00
Connexus Credit Union3.01% APY36 Months$5,000.00
Merrick Bank2.85% APY36 Months$25,000.00
Synchrony Bank2.30% APY36 Months$0.01%
First National Bank of America2.35% APY36 Months$1,000.00
Capital One2.30% APY36 Months$0
Marcus by Goldman Sachs2.30% APY36 Months$500.00
Discover2.20% APY36 Months$2,500.00
Bank5 Connect0.85% APY36 Months$500.00

4 Year CD Rates

The following banks and credit unions have the highest CD rates for 4 years.

Best 4-Year CD RatesRateTermMinimum
Connexus Credit Union3.11% APY48 Months$5,000.00
Merrick Bank2.90% APY48 Months$25,000.00
BMO Harris2.55% APY48 Months$1,000.00
MYSB Direct2.80% APY48 Months$500,00
Popular Direct2.80% APY48 Months$10,000.00
Bread Savings2.80% APY48 Months$1,500.00
PenFed Credit Union2.60% APY48 Months$1,000.00
Synchrony Bank2.30% APY48 Months$0.01
First National Bank of America2.55% APY48 Months$1,000.00
CommunityWide FCU1.90% APY48 Months$1,000.00

5 Year CD Rates

The following banks and credit unions have the highest CD rates for 5 years.

Best 5-Year CD RatesRateTermMinimum
Bread Savings2.85% APY60 Months$1,500.00
Alliant Credit Union2.80% APY60 Months$1,00.00
Connexus Credit Union3.21% APY60 Months$5,000.00
Popular Direct2.85% APY60 Months$10,000.00
Merrick Bank3.00% APY60 Months$25,000.00
Quontic Bank2.85% APY60 Months$500.00
PenFed Credit Union2.85% APY60 Months$1,000.00
First National Bank of America2.80% APY60 Months$1,000.00
Capital One2.60% APY60 Months$0
Marcus by Goldman Sachs2.60% APY60 Months$500.00
Discover2.75% APY60 Months2.75%

Best Fixed Annuity Rates in Florida

For More Rates, check out our National CD and Annuity Rate Guide.

Disclaimer: I may receive a small referral fee if you purchase something using a link in this article.

Florida Insurance Plans

Shawn Plummer

CEO, The Annuity Expert

I’m a licensed financial professional focusing on annuities and insurance for more than a decade. My former role was training financial advisors, including for a Fortune Global 500 insurance company. I’ve been featured in Time Magazine, Yahoo! Finance, MSN, SmartAsset, Entrepreneur, Bloomberg, The Simple Dollar, U.S. News and World Report, and Women’s Health Magazine.

The Annuity Expert is an online insurance agency servicing consumers across the United States. My goal is to help you take the guesswork out of retirement planning or find the best insurance coverage at the cheapest rates for you. 

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