bank rates

Tampa Deal: 1.50% On 3-Month CDs

With a Fed rate hike likely in the coming months, great short-term rates are the current darlings of CD deals.

Few are more darling than this one: 1.50% APY on a 3-month CD from Florida’s HomeBanc.

Comparing this to the top nationally available return on our CD Rates Leaderboard feels beside the point because the leader of the term pays almost a full percentage point less, at 0.60% APY.

Rather, this 3-month yield handily beats the top rates in every term up to 24 months, and then matches the best nationally available 3-year return.

Our regular readers know we can’t help but feature HomeBanc from time to time, as they have a track record of offering phenomenal short-term rates like this once or twice a year.

As usual, this special certificate of deposit carries HomeBanc’s standard conditions:

  • Customers must reside in Florida.
  • A minimum deposit of $10,000 in new money is required, meaning funds not already on deposit with HomeBanc.
  • The maximum investment amount is $75,000.
  • The promotion is not available to anyone who has participated in a previous HomeBanc CD promotion and closed their account within the last 24 months.
  • Only one promotional certificate is available per household.

Unless you already have an account with HomeBanc, opening a CD requires visiting one of their 13 branches, located in Tampa (2), Belleair, Clearwater, Dunedin, Kenneth City, Lake Mary, Largo, Pinellas Park, Sarasota, Seminole, St. Petersburg and Winter Park.

Don't miss out on the next bank deal. Get the newest deals delivered straight to your inbox!

Comments (0)
1 Star2 Stars3 Stars4 Stars5 Stars (3 votes, average: 5.00 out of 5)
Loading...
No Existing Comments

Comments are closed.