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Best Florida Savings Account Interest Rates

We searched our savings rate tables to find the best savings account rates in Florida. Tennessee Commerce Bank is at the top of our list with the highest savings account rate and yield. Tennessee Commerce Bank currently has an online savings account rate of 1.49 percent with an annual percentage rate (APY) of 1.50 percent. The one caveat about this account is you must also have a checking account with Tennessee Commerce Bank.

Looking for the best savings account rates and online savings account rates? Use our Savings Rate Tables to find the highest savings account rates in your area.

The second best savings rate on our list also requires you to have a checking account with the bank. Salem Five Direct is offering online savings account rates at 1.24% with an APY of 1.25%. 

The third best savings rate on our list goes to three different banks and doesn't require a checking account. Discover Bank, American Express Bank and Sallie Mae Bank are all offering savings interest rates at 1.14% with a yield of 1.15%.

Best Savings Account Rates in Florida

American Express Bank FSB Yield 1.15% Min $ 0 
Discover Bank Yield 1.15% Min $500 
FNBO DIRECT Yield 1.00% Min $ 1 
Tennessee Commerce Bank Yield 1.50% Min $250 
Salem Five Direct Yield 1.25% Min $ 1 
Sallie Mae Yield 1.15% Min $ 1 
Flagstar Bank Yield 1.11% Min $ 1 
Nationwide Bank Yield 1.05% Min $10,000 
EverBank Yield 1.01% Min $ 1 
Zions Bank Yield 1.01% Min $1000 
WTDirect Yield 1.01% Min $10,000 
First Internet Bank of IN Yield 1.00% Min $100 
ING DIRECT Yield 1.00% Min $ 1 
AIG Bank Yield 1.00% Min $10,000 
Ally Bank Yield 1.00% Min $ 1
Author: Jason P. Jones
May 25th, 2011