Compare Savings Rates in Florida – February 2026

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Best Savings Rates in Florida

Content reviewed by

Brian McKay

Current Florida Savings Rates and MMA Rates

For those in Florida, Total Direct Bank lists a Money Market at 4.01%. U.S. Bank is offering a Elite Money Market Account in Florida with an APY of 4.00%. Current rates from Climate First Bank include a Money Market at 3.96% APY. Current rates from Suncoast Credit Union include a Money Market at 3.50% APY.

Find the best savings and money market rates in Florida today. Our real-time rate table below compares offers from top lenders to help you grow your savings. Whether you are looking for a traditional savings account or a high-yield option in FL, comparing APYs is the best way to maximize your interest earnings.

The following rates reflect recent market quotes and representative offers available to Florida depositors. Actual savings rates may vary by financial institution and market conditions.

Savings Rates in Florida and Area

• Money Market:
4.01%
• Elite Money Market Account:
4.00%
• Money Market:
3.96%
• Money Market:
3.50%
• Bank Smartly Savings Account:
3.50%

Rates shown are recent market averages and representative quotes. Actual rates may vary.

Best Savings Rates and Money Market Rates in Florida & Region February, 2026

Newtek Bank
1111 Brickell Ave Suite 135
Miami, FL 33131

High Yield Savings

4.35%

Total Direct Bank
1995 E Hallandale Beach Blvd
Hallandale, FL 33009

Money Market

4.01%

$2,500

Addition Financial Credit Union
847 S Orange Blossom Trl
Apopka, FL 32703

Savings Plus

4.00%

$50

Climate First Bank
5301 Central Ave
Saint Petersburg, FL 33710

Money Market

3.96%

$50,000

EverBank
501 Riverside Ave
Jacksonville, FL 32202

Performance Savings

3.90%

EverBank
501 Riverside Ave
Jacksonville, FL 32202

Performance Money Market

3.80%

$10,000

Suncoast Credit Union
6536 E Hillsborough Ave
Tampa, FL 33610

Money Market

3.50%

$1,000

Axiom Bank
258 Southhall Ln
Maitland, FL 32751

Select Money Market

3.25%

$1,000

Bank of Pensacola
500 S Palafox St
Pensacola, FL 32502

Money Market

2.00%

$2,500

FLC Bank
10151 Deerwood Park Blvd Bldg 100 Ste 200
Jacksonville, FL 32256

Money Market

2.00%

$200,000

Addition Financial Credit Union
847 S Orange Blossom Trl
Apopka, FL 32703

Growth+ Money Market

1.30%

$10,000

Vystar Credit Union
7795 103rd St
Jacksonville, FL 32210

Money Market

1.05%

$10,000

Century Bank of Florida
716 W Fletcher Ave
Tampa, FL 33612

Money Market

1.00%

$25,000

Century Bank of Florida
716 W Fletcher Ave
Tampa, FL 33612

Savings

1.00%

Achieva Credit Union
3629 11th Ave N
Saint Petersburg, FL 33713

Premium Savings

1.00%

First Bank Clewiston, FL
300 E Sugarland Hwy
Clewiston, FL 33440

Money Market

0.80%

$1,000

Bank of Pensacola
500 S Palafox St
Pensacola, FL 32502

Savings

0.30%

$50

Achieva Credit Union
3629 11th Ave N
Saint Petersburg, FL 33713

Premier Money Market

0.30%

$2,000

Suncoast Credit Union
6536 E Hillsborough Ave
Tampa, FL 33610

Regular Share Savings

0.25%

First Bank Clewiston, FL
300 E Sugarland Hwy
Clewiston, FL 33440

First 1 Savings

0.15%

$50

FLC Bank
10151 Deerwood Park Blvd Bldg 100 Ste 200
Jacksonville, FL 32256

Savings

0.10%

$100

United Southern Bank
750 N Central Ave
Umatilla, FL 32784

Money Market

0.05%

$5,000

United Southern Bank
750 N Central Ave
Umatilla, FL 32784

Regular Savings

0.05%

$50

Vystar Credit Union
7795 103rd St
Jacksonville, FL 32210

Regular Savings

0.05%

$50

PNB Community Bank
1020 John Sims Pkwy E
Niceville, FL 32578

Platinum Money Market

0.02%

PNB Community Bank
1020 John Sims Pkwy E
Niceville, FL 32578

Savings

0.01%

$100

Disclaimer

The Annual Percentage Yields (APYs) displayed are based on the highest APY offered for the specified deposit amount or less. Rates may change without prior notice. The "Min. Balance" indicates the minimum amount required to earn the stated APY. Please note that some of the offers presented on this site are from advertisers, who provide compensation for their inclusion. However, these advertised offers do not encompass all available deposit accounts.

Methodology & Data Sources

Local Savings Rate Aggregation: MonitorBankRates tracks savings account rates for Florida by aggregating data from local banks, local credit unions, and national online institutions. Our proprietary technology scans daily to ensure you see the most competitive high-yield savings accounts (HYSAs) and money market accounts available in your area.

Data Accuracy & Safety: The APYs displayed for Florida reflect current market offers. We prioritize data from institutions that are FDIC or NCUA insured to ensure your deposits are protected, and we verify these figures against the institution's published terms to maintain high reliability for savers in FL.

Disclaimer: Savings rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions in Florida. It is always advisable to check with the specific financial institution's official website for the most current offers and terms.

How to Find the Best Savings Account in Florida

Compare APY (Annual Percentage Yield) The APY determines how much interest you will earn in a year. Unlike simple interest, APY includes compound interest. Always look for the highest APY to maximize your earnings.
Check Minimum Deposit Requirements Some high-yield savings accounts require a large initial deposit (e.g., $5,000 or $10,000) to earn the advertised rate. Ensure you can meet these minimums before applying.
Review Monthly Fees Avoid accounts that charge monthly maintenance fees, as these can eat into your interest earnings. Many online banks and credit unions offer no-fee savings accounts.
Verify FDIC or NCUA Insurance Ensure your money is safe. Banks should be FDIC insured, and Credit Unions should be NCUA insured. This protects your deposits up to $250,000 per depositor.

Frequently Asked Questions for Florida

What are the current savings rates in Florida? ▼

Below is a list of current savings and money market rates available for Florida. We track lenders daily to provide the most up-to-date APY and term information.

Lender / Product

APY

Min Dep

Climate First Bank

Money Market

3.96%

$50,000

EverBank

Performance Savings

3.90%

HSBC Bank USA

Premier Relationship Savings

3.30%

ConnectOne Bank

Connection Plus Savings

3.00%

$2,500

Busey Bank

Premium Savings

2.75%

$25,000

Lender / Product

APY

Min Dep

Regions Bank

Premium Money Market

2.00%

$10,000

LMCU Lake Michigan Credit Union

Max Money Market

1.00%

$2,500

Century Bank of Florida

Savings

1.00%

RadiFi Credit Union

Regular Money Market

0.75%

$2,500

OneUnited Bank

UNITY Plus Savings

0.40%

$100

What is a High-Yield Savings Account? ▼

A high-yield savings account is a type of savings account that pays a significantly higher interest rate (APY) than standard savings accounts. These are often offered by online banks that have lower overhead costs than traditional brick-and-mortar banks.

Are online savings accounts safe? ▼

Yes, as long as the online bank is FDIC insured. This provides the same level of protection (up to $250,000 per depositor) as a traditional bank. Always check for the FDIC logo on the bank's website.

Can I withdraw money from a savings account anytime? ▼

Yes, but there are limits. Federal Regulation D used to limit certain withdrawals to 6 per month, though this has been suspended. However, individual banks may still enforce transaction limits or charge fees for excessive withdrawals.

Do savings rates change? ▼

Yes, savings rates are variable and can change at any time based on the Federal Reserve's benchmark interest rates and market conditions. Unlike a CD (Certificate of Deposit), your savings rate is not locked in.