BankUnited CD Rates: What You Need To Know Before You Open One
Written by
Karen Doyle
Edited by
Melanie Grafil
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Looking to boost your savings safely? BankUnited CD rates might offer just the solution you’re seeking. Certificates of deposit (CDs) let you lock in interest rates for a specific term, making them an ideal choice if you’re seeking predictable, secure returns without the risks associated with the stock market.
Whether you’re already a BankUnited customer or simply shopping around for the best rates, here’s everything you need to know about BankUnited CD rates as of September 2025.
Current BankUnited CD Rates: September 2025
BankUnited offers competitive CD rates designed to cater to a variety of financial goals.
Here’s a breakdown of their current offerings:
| Term | APY | Minimum Opening Deposit |
|---|---|---|
| 6 months | $1,000 | |
| 9 months | $1,000 | |
| 12 months | $1,000 | |
| 18 months | $1,000 | |
| 24 months | $1,000 | |
| 36 months | $1,000 |
BankUnited CD Features and Terms
Before opening a CD account with BankUnited, consider these key features:
| Feature | Details |
|---|---|
| CD types | Standard and IRA CDs available |
| Minimum deposit | $1,000 |
| Interest rates | Same for IRA and non-retirement CDs |
| Deposit limits | No additional deposits after account opening |
| Early withdrawal penalty | Applies if funds are accessed before maturity |
| CD renewal | Automatically renews for the same term (or closest available) unless instructions are given to the bank |
Pros and Cons of BankUnited CD Accounts
Every savings and investment option has pros and cons, and a BankUnited CD is no different. Here are some things to keep in mind.
Pros
- FDIC insured: Your deposits are insured up to $250,000.
- Established institution: BankUnited is a reputable bank known for customer service.
- Convenience: Easy for existing customers to manage accounts online or in-branch.
Cons
- Lower rates: Typically lower than rates offered by top online banks.
- Penalties: Early withdrawal penalties apply.
- Limited flexibility: Your money is locked until the CD matures.
How Much Can You Earn With a BankUnited CD?
Are you wondering how much you can earn with one of BankUnited’s CDs? Your earnings depend on your initial deposit, term length and APY.
Here’s a quick estimate to give you an idea:
| Deposit Amount | Term Length | APY | Estimated Interest Earned |
|---|---|---|---|
| $1,000 | 6Â months | $20 | |
| $1,000 | 9Â months | $28.12 | |
| $1,000 | 12Â months | $35 | |
| $1,000 | 36Â months | $3 |
You can also use GOBankingRates’ Savings Calculator to find out how much your savings could grow.
How To Open a BankUnited CD Account
Opening a BankUnited CD is a simple process. Follow these steps to get started:
- Choose your CD term: Decide on the length of term you want to invest your funds.
- Gather required information: Have you identification (driver’s license or passport) and personal contact details ready.
- Complete your application: You can open your account online or visit a branch in Florida.
- Fund your CD: Make an initial deposit via electronic transfer or check from another bank account.
- Monitor your account: Use the BankUnited mobile app to track your interest earnings and monitor your account.
How BankUnited CD Rates Compare To Other Banks
When making the important decision of where to buy a CD, it’s important to shop around to get the best rate. See how BankUnited CD rates compare to those at other banks.
| Bank | Term | APY | Minimum Deposit |
|---|---|---|---|
| BankUnited | 12 months | $1,000 | |
| Nuvision Credit Union | 12 months | $1,000 | |
| Bank of America | 13 months | $1,000 | |
| Bask Bank | 12 months | $1,000 |
Comparing More Than Just CD Rates
When selecting a new bank account, you should look beyond just interest rates. Consider minimum deposit requirements, account access and fees.
SELECTED BANK
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
$7 to $20, waivable
No monthly service fee
$4.95 waivable monthly maintenance fee for Advantage Safe Banking accounts, $12 waivable monthly maintenance fee for Advantage Plus Banking accounts, $25 waivable monthly maintenance fee for Advantage Relationship Banking accounts
APY
APY
APY
up to
to
Min Opening
Min Opening
Min Opening
$50 for Value Checking
$0
$25 to $100
SELECTED BANK
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
$0 to $5, waivable
No monthly maintenance account fee
$8 waivable monthly maintenance fee per statement cycle
APY
APY
APY
4.2%
to for most accounts, 5% to 20% booster for Preferred Rewards members
Min Opening
Min Opening
Min Opening
$10 to $50
$0
$100
SELECTED BANK
MOST COMPARABLE
MOST COMPARABLE
Fees
Fees
Fees
No monthly service fee
No monthly service fee
Early withdrawal fees apply
APY
APY
APY
Up to
Up to
to
Min Opening
Min Opening
Min Opening
$1,000
$1,000
$1,000
Is a BankUnited CD Right for You?
When purchasing a BankUnited CD, there are a few things to keep in mind:
- Choose the term that’s right for you. This should be the term that has the highest interest rate for the period you can invest.
- For example, if you want to invest for two years, you might decide to purchase a 12-month CD now and let it renew for another 12 months at the end of the term.
- The interest rate for a 24-month CD is APY, while the interest rate for a 12-month CD is APY, so it makes sense to buy a 12-month CD now.
- Be sure you can leave the money on deposit for the full term. If you withdraw it early, you’ll pay a penalty, which could reduce or even eliminate your earnings.
Ideal for:
- Residents of Florida, New York and Dallas, Texas who prefer visiting a bank branch
- Those with short-term savings goals and like the 6-, 9- and 12-month CD term options
- Those who prefer predictable, steady returns
Not great for:
- Those living outside of the areas served
- Those who need access to their money quickly and require flexibility
- Those who want the highest possible returns
Aja McClanahan contributed to the reporting for this article.
Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of Sept. 10, 2025.
Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.
