bank rates

Florida Deal On 25-Month CD Rates

Platinum bank is paying 1.60% with a $5,000 minimum deposit.Sunshine State savers should take advantage of Platinum Bank’s special 25-month CD rates.

It’s paying 1.60% APY with a $5,000 minimum deposit.

That beats the top nationally available 24-month CD rate — at a much lower minimum deposit.

(MetLife Bank, the 24-month leader on our latest CD Rates Leaderboard, offers 1.55% APY and requires a $25,000 minimum deposit.)

Lingering snowbirds will be happy to learn you don’t need to be a Florida resident to purchase these certificates of deposit from Platinum Bank (www.platinumbank.com).

But you must visit a branch in person. There are six in the Tampa Bay area, in Brandon, Lakeland, Plant City, Tampa and Winter Haven.

See how these returns compare with the best CD rates from scores of banks in our extensive database.

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  1. Kathy at Bankaholic said:
    on June 22nd at 10:09 am

    You can still get Platinum’s rate as of today.