Browse through the stories below to view current deals for Florida banks or select an item from the menu bar above to view current rates in Florida.
BBVA Compass now has special CD rates that are competitive for both the mid-term and long-term maturities. In March I reviewed the bank’s special 29-month and 60-month CDs. The bank also has a special 18-month CD with a competitive 1.15% APY. Minimum deposit is $500, and the maximum deposit is $2,500,000 ($250,000 maximum deposit for CD accounts opened online). This rate is listed in the bank’s CD promotion page as of 7/17/2014.
BBVA Compass customers who have preferred client relationship may be able to get an extra 10 basis points...Continue Reading
Another large regional bank has come out with new CD specials. Fifth Third Bank has improved the CD specials that it started to offer in January. Its two best CD specials are a 2.00% APY 5-year CD and a 1.50% APY 44-month CD. There’s also a 28-month CD with a 1.00% APY. Minimum deposit is $5,000, and a new or existing checking account is required. These rates are listed in Fifth Third’s CD promotional page as of 7/8/2014.
It’s important to note that the early withdrawal penalty for CD terms...Continue Reading
Every now and then a large bank offers a decent rate on a promotional CD. The latest large bank to offer this type of deal is Regions Bank. It’s advertising two promotional CDs. The best one is a 70-month CD with a 2.00% APY. The other one is a 40-month CD with a 1.10% APY. Only the 40-month iCD is also available in an IRA. Minimum deposit is $10,000, and the maximum is $1 million. A checking account is required, and it must remain open during the entire term...Continue Reading
First Republic Bank has again increased its long-term CD rates, and now they are even more competitive. The 6-year CD rate increased 10 basis points to 2.35% APY. The 5-, 4- and 3-year CD rates increased by 25 basis points. The new rates are 2.25% APY for the 5-year CD, 2.00% APY for the 4-year CD and 1.50% APY for the 3-year CD. Minimum deposit is $10,000. These rates are listed at the bank's rates page as of 6/17/2014. Rates may vary by location. You have to select your region...Continue Reading
Third Federal Savings & Loan just came out with a new CD special, and the rate is very competitive. It has a 2.00% APY with a 49-month term. The bank continues to offer two other CD specials. The best of these two is a 29-month CD with a 1.50% APY. The other one is a 19-month CD with a 1.00% APY. Minimum deposit is $500. These special rates are listed in the bank’s CD page as of 6/11/2014. Thanks to DA member me1004 who first posted on this 49-month CD...Continue Reading
Doral Bank NY has maintained very competitive CD and IRA CD rates for more than a year. Rates on two of these CDs just went up by 5 basis points. The 18-month CD rate is now 1.30% APY and the 2-year CD rate is 1.50% APY. The other rates have remained the same. The best ones include a 1.20% APY 1-year CD and a 1.60% APY 3-year CD. These rates are also available as IRA CDs. Minimum deposit is $500. These rates are listed in the Doral Bank NY rates...Continue Reading
Update 4/25/14: The term of this special CD has been reduced from 39 months to 29 months.
Third Federal Savings & Loan is offering a competitive CD special. It has a 1.50% APY with a 39-month term. There’s also a special 19-month CD with a 1.00% APY. Minimum deposit is $500. These special rates are listed in the bank’s CD page as of 4/16/2014. According to the bank's disclosure, the early withdrawal penalty for the 39-month CD is 12 months’ interest. That’s a harsh penalty.
Third Federal has a long history...Continue Reading
PNC Bank has some new promotions for its Virtual Wallet accounts. If you live in one of the qualifying states, you can earn up to $400 in bonuses. This is a big increase from its past promotions. You still have to be careful to avoid monthly service charges.
Here’s the link to PNC’s $400 promotion page. The offer is scheduled to end on 8/29/2014
5/31/2014. You can open the account online or choose to have them email you a coupon to take to a branch. There are three levels of bonuses....
First Republic Bank has recently increased its 5-year and 6-year CD rates, and they’re now competitive. You can get higher rates on the internet, but for those who prefer to open CDs at a branch, these might be appealing. The 6-year CD has a 2.25% APY, and the 5-year CD has a 2.00% APY. Minimum deposit is $5,000. These rates are listed at the bank's rates page as of 4/1/2014. Rates may vary by location. You have to select your region to see the CD rates. I have selected a...Continue Reading
Unlike most checking account promotions, this one at First Citizens Bank doesn’t require direct deposit. There are other ways to qualify for the bonus without direct deposit. On the downside, it’s similar to most checking account promotions in that the qualifying checking accounts have potential monthly service fees. If you’re careful, this promotion can be a good deal. Here’s the link to the bank’s promotion page.
To receive the $150 bonus, you’ll need to open either a new Premier or Prestige checking account with a new debit card by April 30,...Continue Reading
People's Alliance Federal Credit Union is offering two certificate specials with competitive rates. The best one is its 28-month CD. It has a 1.35% APY. The other one is a 15-month CD with a 1.00% APY. Minimum deposit is $500, and new money is required. These rates are listed at the credit union's rates page as of 3/25/2014.
The credit union used to offer very competitive standard CD rates. That has changed, and now you can get higher rates at many internet banks.
People's Alliance continues to offer other nice perks like...Continue Reading
Last September I reported on a special 5-year CD at BBVA Compass. That special continues, and there’s also a new 29-month CD special that is also competitive. In addition, a few things have changed at Compass. The 5-year CD special still has a 2.00% APY. The new 29-month CD special has a 1.25% APY. Minimum deposit is $500, and the maximum deposit is $2,500,000 ($250,000 maximum deposit for CD accounts opened online). These rates are listed in the bank’s CD promotion page as of 3/24/2014.
One thing that has changed for...Continue Reading