Florida's CD Rates Secret Banks Don’t Tell You

Types of CD Accounts Available

In Florida, you can find a variety of CD options tailored to different financial goals:

• Traditional CDs: These offer a fixed interest rate for a set term, typically ranging from six months to five years. The longer the term, the higher the interest rate tends to be.
• Bump-Up CDs: Allow you to increase your interest rate once during the term if rates rise, giving you flexibility and the potential for greater earnings.
• No-Penalty CDs: Provide the option to withdraw your funds before the term ends without incurring a penalty, offering liquidity alongside growth.