Banco do Brasil Americas Rolls Out Great Rates on Money Market Account and CDs
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Banco do Brasil Americas Rolls Out Great Rates on Money Market Account and CDs

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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:

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

Sol Nasisi
Sol Nasisi: Sol Nasisi is the co-founder and a past president of BestCashCow, an online resource for comprehensive bank rate information. In this capacity, he closely followed rate trends for all savings-related and loan products and the impact of rate fluctuations on the economy. He specifically focused on how rates impact consumers' ability to borrow and save. He also has authored a wee

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Today's Highest Online CD Rates

Bank Product Term Interest Rate (APY)
Gateway First Bank 1-Year 1.05% APY with $25,000 minimum
Quontic Bank 1-Year 1.02% APY with $500 minimum
Connexus 1-Year 1.01% APY with $5,000 minimum
Connexus 3-Year 1.26% APY with $5,000 minimum
First Internet Bank of Indiana 3-Year 1.11% APY with $1,000 minimum
Navy Federal Credit Union 3-Year 1.10% APY with $100,000 minimum
Texas Dow Employees 5-Year 2.25% APY with $1,000 minimum
Connexus 5-Year 1.56% APY with $5,000 minimum
Prime Alliance Bank 5-Year 1.35% APY with $500 minimum

See More Online CD Rates →

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