|1.10%||$20k||-||Biscayne Bank||24 Months Times Deposit|
|1.00%||-||-||Biscayne Bank||Regular Savings|
|0.85%||$20k||-||Biscayne Bank||12 Months Time Deposit|
Biscayne Bank continues to offer competitive CD rates. The two best deals are a 1.10% APY 1-year CD and a 1.20% APY 2-year CD. Minimum deposit is $20,000. There's also a good savings account deal. Its regular savings account has a 1.00% APY for all balances. Minimum opening deposit is $1,000, and a minimum $1,000 balance is required to avoid a monthly fee. These rates are listed in the rates section of the bank's website as of 8/28/2012.
It appears that a branch visit is required to open an account. Biscayne Bank branches are located in Miami and Doral, Florida.
The bank has an overall health score at DepositAccounts.com of 4 stars (out of 5) with a Texas Ratio of 8.19% (average) based on March 2012 data. Please refer to our financial overview of Biscayne Bank for more details. The bank has been a FDIC member since 2005 (FDIC Certificate # 57973).
How these CD and Savings Account Rates Compare
This bank's 1-year CD rate is the same as the best nationally available 1-year CD rate. Both CIT Bank and Bank of Internet USA are offering 1.10% APY on a 1-year CD. CIT Bank has the best deal since it allows an add-on deposit and a bump-up option. CIT Bank also has the best bank 2-year CD rate with a 1.25% APY.
The best nationally available savings account rate is 1.30% APY at UFB Direct.
These rates are accurate as of 8/28/2012.
Searching for Top CD Rates
To search for nationwide CD rates and CD rates in your state, please refer to the best CD rates section of DepositAccounts.com.