Are you looking for the best annuity and CD rates in Florida? Then, you’ve come to the right place. This guide will discuss how to get the highest returns on your money. We will also provide a list of Florida’s top annuity and CD rates. So whether you’re looking for a short-term or long-term investment, we have you covered!
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.
| Term | Insurance Company | Interest Rate |
|---|---|---|
| N/A | UFB Bank Savings Account | 3.83% |
| N/A | Great Lakes Credit Union Money Market | 4.03% |
| 22 Months | SkyOne Federal Credit Union CD | 5.00% |
| 27 Months | Sallie Mae CD | 5.00% |
| 36 Months | Canvas Fixed Annuity | 5.50% |
| 48 Months | Oceanview Fixed Annuity | 5.00% |
| 5 Years | Canvas Annuity | 5.60% |
| 6 Years | Oceanview Annuity | 5.30% |
| 7 Years | Canvas Annuity | 5.70% |
| 10 Years | Oceanview Annuity | 5.20% |
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. We aim to help you find the highest interest rates for your retirement savings. We may receive a small referral fee if you purchase something using a link in this article.
The Best Fixed Annuity Rates In Florida
| Company | Term | Rate | Minimum |
|---|---|---|---|
| Oceanview | 2 Years | 3.80% | $80,000.00 |
| Canvas Fixed Annuity | 3 Years | 5.25% | $2,500.00 |
| Oxford | 4 Years | 4.50% | $20,000.00 |
| Canvas Fixed Annuity | 5 Years | 5.15% | $2,500.00 |
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 Rates | Rate | Term | Minimum |
|---|---|---|---|
| Synchrony Bank | 2.25% APY | 3 Months | $0.00 |
| Popular Direct | 3.25% APY | 3 Months | $10,000.00 |
| TIAA Bank | 2.00% APY | 3 Months | $1,000.00 |
| TotalDirect Bank | 2.00% APY | 3 Months | $25,000.00 |
| Bethpage Federal Credit Union | 2.00% APY | 3 Months | $50.00 |
| Liberty Federal Credit Union | 3.25% APY | 4 Months | $1,000.00 |
| MapleMark Bank | 3.35% APY | 3 Months | $25,000.00 |
| Citibank | 3.25% APY | 3 Months | $500.00 |
| Ally | 1.50% APY | 3 Months | $0.00 |
| Merrick | 3.20% APY | 3 Months | $25,000.00 |
6-Month CD Rates
| Best 6-Month CD Rates | Rate | Term | Minimum |
|---|---|---|---|
| CommunityWide FCU | 3.50% APY | 6 Months | $1.000.00 |
| Quontic Bank | 3.25% APY | 6 Months | $500.00 |
| PenFed Credit Union | 2.00% APY | 6 Months | $1,000.00 |
| NASA Federal Credit Union | 4.00% APY | 9 Months | $1,000.00 |
| Synchrony Bank | 3.50% APY | 6 Months | $0.01 |
| Popular Direct | 4.25% APY | 6 Months | $10,000.00 |
| North American Savings Bank | 4.03% APY | 7 Months | $5,000.00 |
| First Internet Bank | 4.07% APY | 6 Months | $1,000.00 |
| Andrews Federal Credit Union | 5.00% APY | 7 Months | $1,000.00 |
| Bask Bank | 4.00% APY | 6 Months | $1,000.00 |
| Brilliant Bank | 4.00% APY | 9 Months | $1,000.00 |
| Marcus by Goldman Sachs | 3.25% APY | 6 Months | $500.00 |
| TAB Bank | 3.35% APY | 6 Months | $1,000.00 |
1-Year CD Rates
The following banks and credit unions have the highest CD rates for 12 months.
| Best 12-Month CD Rates | Rate | Term | Minimum |
|---|---|---|---|
| CommunityWide FCU | 4.00% APY | 12 Months | $1,000.00 |
| Bread Savings | 4.50% APY | 12 Months | $1,500.00 |
| First National Bank of America | 4.40% APY | 12 Months | $1,000.00 |
| PenFed Credit Union | 4.25% APY | 12 Months | $1,000.00 |
| Marcus by Goldman Sachs | 4.00% APY | 12 Months | $500.00 |
| Synchrony Bank | 4.15% APY | 12 Months | $0.00 |
| Discover | 4.00% APY | 12 Months | $2,500.00 |
| Capital One | 4.00% APY | 12 Months | $0.00 |
| KS State Bank | 4.63% APY | 12 Months | $500.00 |
| Live Oak Bank | 4.50% APY | 12 Months | $2,500.00 |
| Sallie Mae Bank | 4.25% APY | 12 Months | $2,500.00 |
| Spectra Credit Union | 4.85% APY | 14 Months | $5,000.00 |
| INSBANK Online | 4.65% APY | 12 Months | $2,500.00 |
| Citi | 4.15% APY | 12 Months | $500.00 |
| My eBanc | 4.71% APY | 12 Months | $5,000.00 |
2-Year CD Rates
The following banks and credit unions have the highest CD rates for 24 months.
| Best 2-Year CD Rates | Rate | Term | Minimum |
|---|---|---|---|
| Bread Savings | 4.50% APY | 24 Months | $1,500.00 |
| Synchrony Bank | 4.30% APY | 24 Months | $0.01.00 |
| First National Bank of America | 4.40% APY | 24 Months | $1,000.00 |
| Pentagon Federal Credit Union | 4.35% APY | 24 Months | $1,000.00 |
| Marcus by Goldman Sachs | 4.25% APY | 24 Months | $500.00 |
| KS State Bank | 4.73% APY | 24 Months | $500.00 |
| Sky One Federal Credit Union | 5.00% APY | 22 Months | $1,000.00 |
| Skyla Credit Union | 4.75% APY | 21 Months | $500.00 |
3-Year CD Rates
The following banks and credit unions have the highest CD rates for 3 years.
| Best 3-Year CD Rates | Rate | Term | Minimum |
|---|---|---|---|
| Bread Savings | 4.50% APY | 36 Months | $1,500.00 |
| Pentagon Federal Credit Union | 4.05% APY | 36 Months | $1,000.00 |
| Synchrony Bank | 4.30% APY | 36 Months | $0.01% |
| First National Bank of America | 4.40% APY | 36 Months | $1,000.00 |
| Marcus by Goldman Sachs | 4.00% APY | 36 Months | $500.00 |
| Discover | 4.15% APY | 36 Months | $2,500.00 |
| Capital One | 4.15% APY | 36 Months | $0.00 |
| Sallie Mae Bank | 4.50% APY | 36 Months | $2,500.00 |
| Alliant Credit Union | 4.50% APY | 36 Months | $1,000.00 |
| CFG Bank | 4.60% APY | 36 Months | $500.00 |
| Crescent Bank | 2.90% APY | 36 Months | $1,000.00 |
| Popular Direct | 4.55% APY | 36 Months | $10,000.00 |
| Barclays | 4.15% APY | 36 Months | $000.00 |
4-Year CD Rates
The following banks and credit unions have the highest CD rates for 4 years.
| Best 4-Year CD Rates | Rate | Term | Minimum |
|---|---|---|---|
| Bread Savings | 4.65% APY | 48 Months | $1,500.00 |
| NASA Federal Credit Union | 4.60% APY | 49 Months | $10,000.00 |
| PenFed Credit Union | 3.90% APY | 48 Months | $1,000.00 |
| Synchrony Bank | 4.30% APY | 48 Months | $0.01 |
| First National Bank of America | 4.35% APY | 48 Months | $1,000.00 |
| Marcus by Goldman Sachs | 4.00% APY | 48 Months | $500.00 |
| First Internet Bank | 4.44% APY | 48 Months | $1,000.00 |
| Merrick Bank | 4.60% APY | 48 Months | $25,000.00 |
5-Year CD Rates
The following banks and credit unions have the highest CD rates for 5 years.
| Best 5-Year CD Rates | Rate | Term | Minimum |
|---|---|---|---|
| Bread Savings | 4.75% APY | 60 Months | $1,500.00 |
| Popular Direct | 4.50% APY | 60 Months | $10,000.00 |
| Synchrony Bank | 4.30% APY | 60 Months | $0.00 |
| PenFed Credit Union | 3.90% APY | 60 Months | $1,000.00 |
| First National Bank of America | 4.35% APY | 60 Months | $1,000.00 |
| Marcus by Goldman Sachs | 3.80% APY | 60 Months | $500.00 |
| Discover | 4.25% APY | 60 Months | $2,500.00 |
| Capital One | 4.25% APY | 60 Months | $0.00 |
| Sallie Mae Bank | 4.55% APY | 60 Months | $2,500.00 |
| Connexus Credit Union | 3.51% APY | 60 Months | $5,000.00 |
| CFG Bank | 4.60% APY | 60 Months | $500.00 |
| Barclays | 4.25% APY | 60 Months | $0.00 |
Next Steps
Florida has several top-rated annuity and CD providers, so choosing the right one for your needs can be challenging. That’s where we come in! Our team at The Annuity Expert and CD Rates is dedicated to finding you the best rates possible on your investment. Contact us today for a free quote and see how much you could be saving. Thanks for reading!
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