Amerant Bank

AMERANT Bank’s top CD rate is 0.81% APY. This rate is offered on both 12 and 18-month CDs. The minimum deposit to open this CD account with AMERANT Bank is $10,000, The CD account carries no fees other than the early withdrawal fee.

Along with these two CDs, AMERANT offers 24 to 58-month CDs with an annual percentage yield of 0.30%. These accounts also require a minimum deposit of $10,000. The accounts are subject to an early withdrawal fee, but there are no monthly maintenance charges.

There are a few benefits to opening a CD with AMERANT Bank. These benefits are no fees, high annual percentage yields, and the availability of short-term investments. However, there is one major downside to these CDs. The minimum deposit for every CD offered by AMERANT Bank is $10,000. For many people, this is a serious investment. The good news is that their highest APY is offered on a 12-month CD. After 12 months, you can get your money back and collect a large amount of interest.

There is a 10-day grace period after the CD reaches maturity. If you do not withdraw your money after this period, AMERANT will automatically renew your CD. The interest on these CDs is compounded monthly. The interest accrued on the CD is distributed monthly as well. AMERANT offers great CD rates on short-term investments with a large deposit. 


The availability of these accounts is very open. Anyone can invest in a CD at AMERANT Bank. The bank does not require you to have a checking account with them and the application process can be done online. The deposits are FDIC insured and the convenience of online monitoring allows you to check the account at any time or place.

Branches in Texas 

Houston, Katy, Sugarland, and Shenandoah

Branches in Florida

Aventura, Boca Raton, Coral Springs, Miami, Fort Lauderdale, Davie, Del Roy, Doral, Hierleah, Miami Lakes, Pembroke Pines, Wellington, and Weston

Bank Overview

AMERANT works as a financial partner. Their goal is to adapt to your needs and help you achieve your vision. AMERANT is a community bank and all of their accounts are FDIC insured. They work hard to help you achieve your financial dreams.