Best CD Rates in Tampa, Florida

Pros:

• High interest rates: SCCU offers some of the highest interest rates on CDs in the industry. As of July 2023, the highest APY (annual percentage yield) for a 7-month CD is 5.65%.
• High-interest rates on savings accounts and CDs: Superior Choice Credit Union offers some of the highest interest rates on savings accounts and CDs in the industry.
• Flexible terms: SCCU offers CDs with terms ranging from 3 months to 7 years, so you can choose a term that fits your needs.
• Superior Choice Credit Union is insured by the National Credit Union Administration (NCUA). This means that your deposits are protected up to $250,000 per depositor.
• Convenient online banking: Superior Choice Credit Union offers convenient online banking, which allows you to manage your accounts from anywhere. This includes the ability to view your balances, transfer funds, pay bills, and more.
• Easy to open: You can open a CD online or at any SCCU branch.

Rules:

• Minimum deposit: The minimum deposit for a CD account with SCCU is $500.
• The interest rate you earn will depend on the term of the CD.
• Term length: CD terms at Superior Choice Credit Union range from 3 months to 7 Years.
• Early withdrawal penalty: If you withdraw money from your CD account before the term matures, you may be subject to an early withdrawal penalty. The penalty amount is based on the length of time remaining on the term and the amount of money withdrawn.
• Compounding: Interest on Superior Choice Credit Union CDs compounds monthly.

Pros:

• High-interest rates: NASAFCU offers some of the highest interest rates on savings accounts and CDs in the industry.
• High interest rates: NASA FCU offers some of the highest CD rates in the country. As of July 2023, their 9-month CD earns 5.65% APY, their 15-month CD earns 5.45% APY, and their 49-month CD earns 4.85% APY.
• Flexible terms: NASA FCU offers a variety of CD terms, so you can choose one that fits your needs.
• NASA Federal Credit Union is insured by the National Credit Union Administration (NCUA). This means that your deposits are insured up to $250,000 per depositor.
• Several kinds of financial services and products, such as loans, credit cards, checking, and savings accounts, are offered by the credit union.

Rules:

• The minimum deposit: The minimum deposit for a CD with NASA FCU varies depending on the term. For the 9-month CD, the minimum deposit is $10,000. For the 12-month CD, the minimum deposit is $1,000. And for the 60-month CD, the minimum deposit is $1,000.
• Early withdrawal penalties: There is an early withdrawal penalty if you withdraw money from your CD before the term ends.
• Term length: CD terms at NASAFCU range from 6 months to 60 months.
• Rates and terms subject to change without notice.
• Compounding: Interest on NASAFCU CDs compounds monthly.

Pros:

• High interest rates: INOVA’s CDs currently offer some of the highest interest rates in the market. For example, their 15-month CD currently earns an APY of 5.75%, which is significantly higher than the national average of 2.1%.
• Low minimum deposit: The minimum deposit to open a CD with INOVA is $200. This makes it a great option for people who are looking to save a small amount of money.
• Flexible terms: INOVA offers CDs with terms ranging from 1 month to 6 years. This gives you the flexibility to choose a term that fits your needs.
• Convenient access: You can also access your funds easily through INOVA’s online banking system or mobile app.

Rules:

• Minimum deposit: The minimum deposit for a CD at INOVA is $200.
• Term length: The term length for a CD at INOVA ranges from 1 month to 6 years.
• Early withdrawal penalties: There is an early withdrawal penalty for CDs at INOVA.
• CDs are a safe investment. Your deposits are federally insured by the National Credit Union Administration (NCUA) up to $250,000.
• Rates are subject to change without notice

Pros:

• High interest rates: CommunityWide Federal Credit Union CDs offer some of the highest interest rates on the market. As of July 2023, CW 1-year CD offers an APY of 5.25%, which is significantly higher than the national average of 1.59%.
• Flexible terms: CW offers CDs with a variety of terms, so you can choose one that fits your needs. You can choose from terms of 6 months, 1 year, 2 years, 3 years, or 5 years.
• CW CDs are insured by the National Credit Union Administration (NCUA). The NCUA is a federal agency that insures the deposits of credit union members up to $250,000.
• Low-cost checking: CW’s checking accounts are free to open and maintain, and they offer a variety of features, including free online and mobile banking, free ATM withdrawals, and no minimum balance requirements.
• Loan products: CW offers a variety of loan products, including personal loans, auto loans, and mortgages. These loans typically have lower interest rates than those offered by banks.

Rules:

• Minimum deposit: The minimum deposit requirement for a CW CD varies depending on the term of the CD. For example, the minimum deposit for a 1-year CD is $1,000.
• Term length: CD terms range from 6 months to 5 years.
• Early withdrawal penalties: There is an early withdrawal penalty if you withdraw money from your CD before the maturity date.
• Compounding: Interest on CW Credit Union CDs compounds monthly.

Pros:

• High interest rates: Sallie Mae Bank offers some of the highest interest rates on savings and CD accounts. As of July 2023, the APY for the Sallie Mae High-Yield Savings Account is 4.25% and the APY for the 18-month CD is 5.15%.
• No monthly fees: There are no monthly fees for any of Sallie Mae Bank’s savings or CD accounts.
• FDIC insured: Sallie Mae Bank is a member of the FDIC, which means your deposits are insured up to $250,000.
• Flexible terms: Sallie Mae offers CDs with terms ranging from 6 months to 60 months. This gives you the flexibility to choose a term that fits your needs.
• Sallie Mae CDs offer an automatic renewal option. This means that your CD will automatically renew for another term at the same interest rate when the current the term ends.
• Easy to use website and mobile app: Sallie Mae Bank’s website and mobile app are easy to use and make it easy to manage your accounts.

Rules:

• Minimum deposit: The minimum deposit to open a CD account at Sallie Mae Bank is $2,500.
• Term length: The term length for CD accounts at Sallie Mae Bank ranges from 6 months to 60 months.
• Early withdrawal penalties: There are early withdrawal penalties for withdrawing money from a CD account before the term ends. The penalty amount is based on the term of the CD and the amount of money withdrawn.
• The account must meet the minimum balance requirements: The minimum balance to open and obtain the APY for CDs 12-60months is $2500.
• No monthly service fees.
• No compounding: Sallie Mae CDs do not compound interest daily. Interest is compounded monthly, so you won’t earn interest on your interest.

Pros:

• High interest rates: Bethpage FCU offers some of the highest interest rates on certificates of deposit (CDs) among credit unions. For example, the 1-year CD currently earns 5.00% APY, while the 5-year CD earns 4.00% APY.
• Bethpage Federal Credit Union is insured by the National Credit Union
• Administration (NCUA). This means that your deposits are protected up to $250,000 per depositor, for each account ownership category, in the event of a credit union failure.
• Bethpage Federal Credit Union CDs offer an automatic renewal option. This means that your CD will automatically renew for another term at the same interest rate when the current the term ends.

Rules:

• Minimum deposit: The minimum deposit to open a CD at Bethpage FCU is $50.
• Term length: CD terms at Bethpage FCU range from 3 months to 60 months.
• Early withdrawal penalty: There is an early withdrawal penalty if you withdraw money from your CD before the term ends.

Pros:

• High APYs: Bread Savings offers competitive APYs on both its savings accounts and CDs. The current APY for the high-yield savings account is 4.90%, and the APY for CDs ranges from 5.00% to 4.35%.
• FDIC insured: Bread Savings is FDIC insured, so your deposits are protected up to $250,000.
• Minimal fees: Bread Savings has no monthly maintenance fees for either its savings accounts or CDs. There are also no fees for ACH transfers, online statements, or incoming wire transfers.
• Easy to use: Bread Savings’ website and mobile app are easy to use. You can easily open an account, deposit money, and transfer funds.

Rules:

• Minimum deposit: The minimum deposit to open a CD is $1500.
• APY: APYs vary depending on the term length. For example, the APY for a 12-month CD is 5.00%, while the APY for a 60-month CD is 4.35%.
• Deposit Amount : Maximum deposit limit of $1 million per account and $10 million limit per customer
• Term lengths: CD terms range from 12 months to 60 months.
• Early withdrawal penalties: There are early withdrawal penalties for CDs at Bread Savings.
• CD is automatically renewed for a 1,2, and 3 year Certificate of Deposit (CD).

Pros:

• Competitive interest rates: Bellco Credit Union offers competitive interest rates on its CDs. As of July 2023, the APY (annual percentage yield) for a 1-year CD is 3.90%, and the APY for a 5-year CD is 4.00%.
• Bellco Credit Union members have access to a variety of discounts and services, such as discounts on car rentals, hotels, and other travel expenses.
• Bellco Credit Union offers free financial counseling to its members. This can help members develop a budget, save money, and achieve their financial goals.
• Bellco Credit Union is owned by its members. This means that the profits from the credit union are returned to the members in the form of lower interest rates, higher dividends, and other benefits.
• Bellco Credit Union deposits are insured by the National Credit Union Administration (NCUA). The NCUA is a federal agency that insures credit union deposits up to $250,000.

Rules:

• Minimum deposit: The minimum deposit to open a CD at Bellco Credit Union varies depending on the term of the CD. For example, the minimum deposit for a 1-year CD is $500, while the minimum deposit for a 5-year CD is $1,000.
• You must be a member of Bellco Credit Union to open a CD account. You can become a member by meeting one of the eligibility requirements listed on the Bellco Credit Union website.
• Early withdrawal penalty: There is an early withdrawal penalty if you withdraw money from your CD before the maturity date. The penalty is typically a percentage of the interest you would have earned if you had left the money in the CD until maturity.
• Flexible terms: Bellco Credit Union offers CDs with terms ranging from 3 months to 5 years. This allows you to choose a term that fits your financial needs.
• Some CD accounts have special requirements, such as a minimum deposit amount or a requirement to make monthly deposits. Be sure to read the terms and conditions carefully before opening a CD account.
• You must meet certain requirements to earn the advertised APY. For example, you must make 15 debit card purchase transactions that post and clear in the statement month to earn the advertised APY on the 12-month CD.

Pros:

• High interest rates: Credit Union of Denver offers competitive interest rates on a variety of products, including CDs.
• Flexible terms: Credit Union of Denver offers CDs with terms ranging from 3 months to 5 years. This allows you to choose a term that fits your financial needs.
• Credit Union of Denver deposits are insured by the National Credit Union Administration (NCUA). The NCUA is a federal agency that insures credit union deposits up to $250,000.
• Minimal fees: Credit Union of Denver has no monthly maintenance fees for either its savings accounts or CDs. There are also no fees for ACH transfers, online statements, or incoming wire transfers.
• Convenient access: Credit Union of Denver has a network of branches and ATMs throughout Colorado, as well as nationwide access through the CO-OP ATM network.
• Easy to use website and mobile app: Credit Union of Denver’s website and mobile app are easy to use, making it easy to manage your accounts.

Rules:

• Minimum deposit: The minimum deposit for a CD at Credit Union of Denver is $500.
• Term length: CD terms range from 3 months to 60 months.
• Early withdrawal penalty: There is an early withdrawal penalty if you withdraw funds from your CD before the term expires.
• Minimum deposit: The minimum deposit to open a CD at Credit Union of Denver varies depending on the term of the CD. For example, the minimum deposit for a 1-year CD is $1000, while the minimum deposit for a 5-year CD is $10,000.
• Compounding: Interest on Credit Union of Denver CDs compounds monthly.

Pros:

• High APYs: Bread Savings offers competitive APYs on both its savings accounts and CDs. The current APY for the high-yield savings account is 4.90%, and the APY for CDs ranges from 5.00% to 4.35%.
• FDIC insured: Bread Savings is FDIC insured, so your deposits are protected up to $250,000.
• Minimal fees: Bread Savings has no monthly maintenance fees for either its savings accounts or CDs. There are also no fees for ACH transfers, online statements, or incoming wire transfers.
• Easy to use: Bread Savings’ website and mobile app are easy to use. You can easily open an account, deposit money, and transfer funds.

Rules:

• Minimum deposit: The minimum deposit to open a CD is $1500.
• APY: APYs vary depending on the term length. For example, the APY for a 12-month CD is 5.00%, while the APY for a 60-month CD is 4.35%.
• Deposit Amount : Maximum deposit limit of $1 million per account and $10 million limit per customer
• Term lengths: CD terms range from 12 months to 60 months.
• Early withdrawal penalties: There are early withdrawal penalties for CDs at Bread Savings.
• CD is automatically renewed for a 1,2, and 3 year Certificate of Deposit (CD).

Pros:

• Quontic Bank’s CDs offer some of the highest interest rates on the market.
• Quontic Bank offers CDs with a variety of terms, so you can choose one that fits your needs.
• Quontic Bank is FDIC insured, so your deposits are protected up to $250,000.
• You can open a CD with Quontic Bank online in just a few minutes.

Rules:

• Minimum deposit
• No minimum balance requirement
• There is an early withdrawal penalty if you withdraw money from your CD before the maturity date. The penalty is equal to 3 months’ interest on the amount withdrawn.
• Quontic Bank offers online CD openings.

Pros:

• BOW offers competitive interest rates on CDs.
• All CDs at BOW are insured by the Federal Deposit Insurance Corporation (FDIC), up to $250,000 per depositor.
• BOW offers a wide range of terms for CDs, so you can find one that fits your needs.
• You can open a CD account online or at any BOW branch.

Rules:

• The term of a CD at BOW can range from 7 months to 60 months.
• There is an early withdrawal penalty for CDs at BOW. The penalty is 6 months’ interest if the CD is withdrawn before maturity.
• Some BMO Harris CDs offer higher interest rates if you have a relationship with the bank, such as having a checking or savings account.

Pros:

• Competitive interest rates: Bellco Credit Union offers competitive interest rates on its CDs. As of July 2023, the APY (annual percentage yield) for a 1-year CD is 3.90%, and the APY for a 5-year CD is 4.00%.
• Bellco Credit Union members have access to a variety of discounts and services, such as discounts on car rentals, hotels, and other travel expenses.
• Bellco Credit Union offers free financial counseling to its members. This can help members develop a budget, save money, and achieve their financial goals.
• Bellco Credit Union is owned by its members. This means that the profits from the credit union are returned to the members in the form of lower interest rates, higher dividends, and other benefits.
• Bellco Credit Union deposits are insured by the National Credit Union Administration (NCUA). The NCUA is a federal agency that insures credit union deposits up to $250,000.

Rules:

• Minimum deposit: The minimum deposit to open a CD at Bellco Credit Union varies depending on the term of the CD. For example, the minimum deposit for a 1-year CD is $500, while the minimum deposit for a 5-year CD is $1,000.
• You must be a member of Bellco Credit Union to open a CD account. You can become a member by meeting one of the eligibility requirements listed on the Bellco Credit Union website.
• Early withdrawal penalty: There is an early withdrawal penalty if you withdraw money from your CD before the maturity date. The penalty is typically a percentage of the interest you would have earned if you had left the money in the CD until maturity.
• Flexible terms: Bellco Credit Union offers CDs with terms ranging from 3 months to 5 years. This allows you to choose a term that fits your financial needs.
• Some CD accounts have special requirements, such as a minimum deposit amount or a requirement to make monthly deposits. Be sure to read the terms and conditions carefully before opening a CD account.
• You must meet certain requirements to earn the advertised APY. For example, you must make 15 debit card purchase transactions that post and clear in the statement month to earn the advertised APY on the 12-month CD.

Pros:

• FDIC insured
• No minimum balance
• High-interest rates on savings accounts and CDs: Synchrony Bank offers some of the highest interest rates on savings accounts and CDs in the industry.
• The interest rate is compounded daily, so you earn interest on your interest.
• You can set up automatic transfers from your checking account to your CD.

Rules:

• Minimum deposit: The minimum deposit for a CD at Synchrony Bank is $0.
• Term length: CD terms at Synchrony Bank range from 3 months to 60 months.
• Early withdrawal penalty: There is a 90-day early withdrawal penalty if you withdraw your money before maturity.
• The interest rate is subject to change.

Pros:

• High-interest rates: PenFed Credit Union offers some of the highest interest rates on savings accounts and CDs in the industry.
• PenFed are federally insured by the NCUA (National Credit Union Administration)
• No monthly fees – no minimum balances
• Wide range of products and services: PenFed Credit Union offers a wide range of products and services, including checking accounts, savings accounts, CDs, loans, and credit cards.

Rules:

• The early withdrawal penalty fee is 180 days of interest if withdrawn before maturity.
• ATM fees: PenFed Credit Union does not have a nationwide ATM network, so you may incur ATM fees when using other ATMs.
• Fees for some services: There are fees for some services at PenFed Credit Union, such as overdraft protection and wire transfers.