Florida CD Rates: Highest 3 Month APY at 0.70%

Interest rates keep going down as more and more weak economic news is released every week. Debt problems in Europe, weak maufacturing and employment data have all sent interest rates down to record lows recently. 

Find the best CD rates at banks and credit unions by searching our CD rates list at CDRates.MonitorBankRates.com. 

Searching our 3 month CD rates list in the state of Florida we found Third Federal has the highest CD rate. Third Federal is offering 3 month certificate of deposit rates and yields at 0.70%. You'll have a hard time finding 3 month CD rates at banks higher than TFB's rate. The bank's rate is also almost 3 times the national average 3 month CD rate of 0.24%.

The second highest CD rate on our list in Florida, is from Tennessee Commerce Bank. The bank’s current 3 month bank CD rate is 0.55% with a CD yield of 0.55%. TCB's rate is also considerably higher than the average rate.

The third best CD bank rate on our 3 month list of CD interest rates in FL is from several different banks. Discover Bank, Nationwide Bank and E-Loan.com are all offering 90 day CD rates at 0.50% with an APY of 0.50%.

The fourth highest CD rate on our list is from Ally Bank. Ally is offering 3 month bank CD rates at 0.49% with an APY of 0.49%.

Rounding out the top 5 CD bank rates in FL are three more bank CD rates. First Internet Bank of IN, Giantbank.com and Everbank are all offering 3 month rates and yields at 0.45%.

National average CD rates are as reported by MonitorBankRates.com. We offer free CD rate widgets you can use on your website. Our average rate widgets are great for all types of financial websites.

CD Rates in Florida: Best 3 Month CD Rates

Third Federal 0.70% Yield 0.70% Min $500 

Tennessee Commerce Bank 0.55% Yield 0.55% Min $2500 

Discover Bank 0.50% Yield 0.50% Min $2500 3 mo

E-LOAN.com 0.50% Yield 0.50% Min $10,000 

Nationwide Bank 0.50% Yield 0.50% Min $10,000 

Ally Bank 0.49% Yield 0.49% Min $ 1 

First Internet Bank of IN 0.45% Yield 0.45% Min $1000 

Giantbank.com 0.45% Yield 0.45% Min $2500 

EverBank 0.45% Yield 0.45% Min $1500

Some of the biggest bank holding companies are offering the lowest CD rates in Florida. Wachovia Bank is offering a pathetic rate of 0.01% on 3 month CDs.