Best Money Market Rates In South Florida

Which money market pays the highest interest rate?

All America Bank – 5.05% APY. Redneck Bank – 5.05% APY. UFB Direct – 4.81% APY. Merchants Bank of Indiana – 4.75% APY. Quontic Bank – 4.75% APY. Northern Bank Direct – 4.75% APY. Brilliant Bank – 4.65% APY. Prime Alliance Bank – 4.50% APY.

Where can I get 5% interest on my money?

Best overall: Western Alliance Bank Savings Account. Best for earning a high APY: Newtek Bank Personal High Yield Savings. Best for no fees: Bask Interest Savings Account. Best for easy access to your cash: Panacea High-Yield Savings Account.

What is the current money market interest rate?

In 2022, the Federal Reserve has raised interest rates several times. As a result, the average money market account has slowly gone up again. The average money market interest rate is currently 0.23% APY for accounts with balances under $100,000, according to data from the FDIC.

Which money market is most active?

Notes: Call Money / Notice Money Market is the most active segment of the money market in India.

What is the current interest rate for Florida?

Current mortgage rates in Florida As of Sunday, May 28, 2023, current interest rates in Florida are 7.22% for a 30-year fixed mortgage and 6.60% for a 15-year fixed mortgage.

Where can I get 6% interest?

Digital Federal Credit Union (DCU) Primary Savings. Mango Savings™ Clearpath Federal Credit Union 12-month CD/IRA.

Which Bank gives us highest interest?

CFG Bank – 5.07% APY. TotalDirectBank – 5.07% APY. Salem Five Direct – 5.01% APY. Newtek Bank – 5.00% APY. My Banking Direct – 5.00% APY. Primis Bank – 4.92% APY. Vio Bank – 4.88% APY. First Foundation Bank – 4.85% APY.

Where can I get 7% interest on my money?

7% interest isn’t something banks offer in the US, but one credit union, Landmark CU, pays 7.50% interest, though there are major requirements and stipulations.

Which bank gives 8% interest on savings account?

DCB Bank hikes savings account and fixed deposit interest rates up to 8% Mint.

What is 5 interest on $100 000?

What is 5% interest on $100,000 in a savings account? If you have $100,000 in a savings account that pays five percent interest, you will earn $5,000 in interest each year. This works out to be $416.67 per month. The interest earned depends on the interest rate and the amount of money in the account.