No, it's not Carnival, but Banco do Brasil Americas has broken out savings and CD rates that are amongst the best in the country for balances of $100,000 or over. If you don't want to deposit that much in the bank, their rates for balances between $10,000 and $99,999 aren't bad either. The chart below shows their rate offerings:
|
Product |
APY $10,000 - 99,999 |
APY ≥ $100,000 |
|
Money Market Account |
1.00% |
1.20% |
|
1 Year CD |
1.25% |
1.35% |
|
2 Year CD |
1.40% |
1.60% |
|
3 Year CD |
1.50% |
1.70% |
|
4 Year CD |
1.60% |
1.80% |
|
5 Year CD |
2.25% |
2.50% |
Banco do Brasil has six locations in southeastern Florida.
The bank is financially sound with a Texas ratio well below the national average (a low Texas ratio is good).
For those that live in southeastern Florida, these rates are worth checking out.
If you don't live in this bank's deposit area, find the top rates in your location.
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