We have compiled a list of the best CD rates from banks and credit unions in Miami, Florida. The CD rate lists include 3 month CD rates, 6 month CD rates and 12 month CD rates. We have only selected shorter term CD rates since interest rates will be heading higher over the next 12 months and we recommended investing only in shorter term certificates of deposit.

Find the highest bank CD rates and credit union CD rates by searching our CD rate tables: CDRates.MonitorBankRates.com

The best 12 month CD rate is offered by both Tennessee Commerce Bank and Sallie Mae. Both banks are currently offering a 12 month CD rate of 1.54 percent with an annual percentage yield of 1.55 percent. Tennessee Commerce Bank has a minimum opening deposit of $2,500 and Sallie Mae has a minimum opening deposit of only $1.

Next on the list of best CD rates in Miami, FL is from Bank of Internet USA. The bank’s current 12 month CD rate is 1.53 percent with an APY of 1.54 percent. The minimum opening CD account balance at Bank of Internet is $1,000.

Best 12 month CD Rates in Miami, Florida

Best 3 month APY:

• Third Federal 1.00% APY Min $500
• EverBank 0.80% APY Min $1500
• BankDirect 0.75% APY Min $10,000
• Giantbank.com 0.75% APY Min $2500
• Nationwide Bank 0.75% APY Min $10,000
• Ally Bank CD Rates 0.74% APY Min $ 1
• Discover Bank 0.65% APY Min $2500
• AmTrust Bank/Ohio Savings 0.65% APY Min $10,000
• First Internet Bank of IN 0.50% APY Min $1000
• Allstate Bank CD Rates 0.40% APY Min $1000
• Tennessee Commerce Bank 0.40% APY Min $2500
• E-LOAN.com 0.40% APY Min $10,000

Best 6 month APY:

• Discover Bank 1.25% APY Min $2500
• Ally Bank 1.19% APY Min $ 1
• Giantbank.com 1.11% APY Min $2500
• Nationwide Bank 1.05% APY Min $10,000
• AIG Bank 1.01% APY Min $2500
• American Express Bank CD Rates 1.00% APY Min $ 0
• Third Federal 1.00% APY Min $500
• PenFed 0.99% APY Min $1000
• BankDirect 0.90% APY Min $10,000
• ING DIRECT 0.75% APY Min $ 1
• First Internet Bank of IN 0.75% APY Min $1000
• Bank of Internet USA 0.75% APY Min $1000
• Tennessee Commerce Bank 0.75% APY Min $2500

Best 12 month APY:

• Tennessee Commerce Bank 1.55% APY Min $2500
• Sallie Mae 1.55% APY Min $ 1
• Bank of Internet USA 1.54% APY Min $1000
• Discover Bank 1.50% APY Min $2500
• American Express Bank 1.50% APY Min $ 0
• Ally Bank 1.49% APY Min $ 1
• AIG Bank 1.49% APY Min $2500
• Giantbank.com 1.46% APY Min $2500
• Nationwide Bank 1.40% APY Min $10,000
• EverBank 1.35% APY Min $1500
• PenFed  1.31% APY Min $1000