Savings Account Rate: Great Florida Bank Tiered Pays Up to 1.51% APY

Posted in Local Banks , Rates , Savings Account

Great Florida Bank

Everyone needs to keep a stash of mad money around. Whether you choose to use it for an emergency or to give yourself a little treat, storing it in a top savings account is the way to go. Not only will you succeed in keeping your money out of sight and out of mind, but it will also earn a little something extra thanks to the best savings account rate from the bank.

If you live in the sunshine state, then you should know that Great Florida Bank savings account rates are not only in line with the national average, but depending on the amount you have to deposit, you can earn a lot more. The bank’s top saving account rate of is reserved for those depositing the largest sums of money and the entire APY tiered break down is:

  • Deposit amounts ranging from $300.00 – $4,999.99 can earn .10% APY
  • Deposit amounts ranging from $5,000.00 – $9,999.99 can earn .55% APY
  • Deposit amounts ranging from $10,000.00 – $24,999.99 can earn .80% APY
  • Deposit amounts ranging from $25,000.00 – $49,999.99 can earn 1.16% APY
  • Deposit amounts ranging from $50,000.00 – $99,999.99 can earn 1.26% APY
  • Deposit amounts ranging from $100,000.00 – $249,999.99 can earn 1.41% APY
  • Deposit amounts starting at $250,000.00 and above can earn 1.51% APY

There are other terms depositors need to be aware of before committing to open an account:

  • $300 average daily balance required to avoid monthly maintenance fee
  • If average daily balance is not met a $5 charge will be levied
  • $100 minimum opening balance is required
  • Free online banking included
  • FDIC insured

Great Florida Bank was chartered on June 30, 2004 as a state-charted commercial bank. The corporate headquarters for Great Florida Bank’s corporate headquarters are based in Miami Lakes. Throughout the area there are about a dozen branches, however the application process for the bank’s top savings account rates can be completed online.

>> Highest Savings Account Rates

Other Terms and Conditions may apply. Additionally, rates may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.

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