Image Courtesy: www.pixabay.com
Image Courtesy: www.pixabay.com
You are viewing rates from banks across Fort Myers
Below are four-year CD Rates from banks in Florida . Four-Year Certificates of Deposit (CD) are not as popular as the three and five year terms which means the rates often aren’t as competitive. The best four year cd rates are often only marginally above the 3 year rates. Nevertheless, for those who want to lock in a rate for a longer period of time, 4 year cds are worth a look.
Fort Myers, FL - November 16, 2024
4 Year CD National Average : 0.81% ?
| Banks | APY | MIN | MILES ? | |
|---|---|---|---|---|
|
1.50% |
$500 |
- |
Learn More
|
|
|
1.35% |
$1,000 |
- |
Learn More
|
|
|
Rate History: 0.15% → 1.35% → 4.00% → 1.35% |
||||
|
Beenthere | Jan 29, 2024 Tried to enter information on line to open a 5 year CD, multiple time and wasn't accepted. Talked to a live person who was of no help at all. My credit score is over 800 and I have plenty of money in oth... Read More |
||||
|
0.90% |
$10,000 |
7.85 |
Learn More
|
|
|
0.85% |
$10,000 |
6.13 |
Learn More
|
|
|
0.80% |
$10,000 |
22.11 |
Learn More
|
|
|
jpchamorro | Apr 5, 2020 great Read More |
||||
|
0.50% |
$10,000 |
2.14 |
Learn More
|
|
|
0.35% |
$100,000 |
4.71 |
Learn More
|
|
|
Asj | Nov 15, 2020 Do they? Read More |
||||
|
0.35% |
$10,000 |
4.71 |
Learn More
|
|
|
Asj | Nov 15, 2020 Do they? Read More |
||||
|
0.15% |
$500 |
- |
Learn More
|
|
|
MrBond | Feb 25, 2023 I have been working for this company more than 5 years. I would not recommend any investment with First Citizens Bank. They are the worst performer on the market based on the customer and employee reviews... Read More |
||||
|
0.10% |
$1,000 |
- |
Learn More
|
|
|
D R Lineberger | Dec 30, 2018 Garden14 Read More |
||||
|
0.05% |
$2,500 |
- |
Learn More
|
|
|
Rate History: 0.03% → 0.05% |
||||
|
Seeko | Mar 28, 2023 On line banking gives a confirmation number when paying bills. But it doesn’t confirm that the bill will be paid only that they have the information. Ridiculous. Read More |
||||
|
0.03% |
$25,000 |
- |
Learn More
|
|
|
GAM | May 18, 2019 Had checking and savings for years when living in Philly. Went into PNC 2.35 APY high yield savings. They have thus far maintained rate. Easy web site and great customer phone service. Still maintain check... Read More |
||||
|
0.01% |
$500 |
- |
Learn More
|
|
|
Juan Ricardo | Nov 12, 2018 Helpful w/$ Read More |
||||
BestCashCow strives to maintain the most accurate rates. If you believe a rate is not accurate, please let us know.
Four year CDs are a longer-term CD and offer a fixed rate for 4 years in return for a commitment to keep the money in the bank for this period of time. While savers can withdraw the money (termed "breaking the CD") high penalties make this undesirable. Generally, an individual should not invest in a four year CD unless they are comfortable parting with the money for this period of time.
Four year CDs from FDIC insured banks are insured up to FDIC limits (generally $250,000 per account holder per bank). If your deposit is over the FDIC limit then you may not receive the uninsured money in case of a bank failure. For this who remain within FDIC limits, the principal threat is inflation. The value of longer-term CDs are especially prone to be eaten away by inflation, especially if the CD is opened in a rising rate environment.
Four year CDs currently pay between .40-.60 percentage points more in interest than a one year CD. In general, CDs of this duration are best opened as part of a laddered CD portfolio or if the depositor thinks that rates will either stagnate or drop over the next couple of years. To get a sense of rate trends, please visit our BestCashCow rate analysis page.
All banks listed on BestCashCow are FDIC insured; BestCashCow.com strongly recommends that you stay within FDIC insurance limits and that if you are unsure of how the limits affect you, please visit the FDIC website.
To understand all of the income generating options available to a saver, please view the Income Generating Investments Comparison Chart.
Find out how much extra money you can earn by moving your bank money into an account that pays more.
Use or Change these Amounts And Rates