Intro – Top Rated Bank in Florida


AdvisoryHQ recently reviewed the top banks in Florida. Each bank that was reviewed demonstrates an excellence in quality, provides exceptional service, offers a wide-range of products, and affords a high-level of convenience to its customers.

Included in this list is Capital Bank.

Below we have provided a detailed review of Capital Bank and the specific factors we used in our decision-making process.



Capital Bank Review


Capital Bank’s headquarters are in Raleigh, NC, but this regional bank maintains a large presence in Florida, which is why they were included in this ranking of the best banks in Florida.

Capital Bank operates 196 branches throughout not only North Carolina and Florida, but also South Carolina, Tennessee, and Virginia.

Image Source: Capital Bank

Through its many branch locations, Capital Bank offers clients access to services including commercial and consumer loans, as well as deposit and general banking products and services.



Key Factors Considered When Ranking This Bank as a Top Bank in Florida

The list below names some of the reasons Capital Bank was included in this ranking of the best banks in Florida.

CashBack Products

Clients of Capital Bank can take advantage of CashBack program options, which include CashBack Checking and CashBack Saver.

With CashBack Checking, clients receive cash back for each debit card transaction based on the amount of money they spend. Rewards also include up to $20 in ATM fee rebates per cycle, which includes both Capital Bank and ATM owner fees.

To earn rewards, customers must make a minimum of 10 posted and settled POS debit card purchase transactions, have at least one direct deposit or ACH debit per statement cycle, and they must forego the mailing of paper statements and instead receive eStatements.

With CashBack Saver, users enjoy tiered interest earned on accounts based on the number of POS transactions made on their attached CashBack Checking account.

Account Switch Kit

Capital Bank makes it easy for prospective and new customers to move their accounts to them with their unique 5-Step Capital Bank Switch Kit. This kit is a step-by-step checklist of all the forms that will need to be completed to move accounts from a customer’s current bank to Capital Bank.

The Account Switch Kit provides an outline and in-depth information on not just what you’ll need to open new accounts at Capital Bank, but also how to actively stop using current accounts.

It also offers the steps required to transfer automatic payments to a new Capital Bank account.



Florida Financial Literacy Center

As a full-services financial provider and one of the top banks in Florida, Capital Bank takes client education seriously. On their website, they offer the Florida Financial Literacy Center, called MyMoney.

Here, customers will find news and alerts on relevant topics, how-to videos, lessons on how to better manage your money, and guides on how to make your bank account work for you.

There are also guides designed specifically for Floridians with developmental disabilities, their families, caregivers, and other key stakeholders. These guides focus on topics like: 

  • Money and banking
  • Education and training
  • Government benefits
  • Healthcare
  • Employment
  • Saving and investing
  • Housing and transportation

Overdraft Protection

To protect clients, Capital Bank offers many overdraft protection services including standard practices that automatically come with accounts, as well as overdraft protection plans. Clients can opt-in to these plans.

Standard overdraft protection includes checks and transactions using checking account numbers as well as automatic bill payments. It doesn’t include ATM transactions and one-time debit card transactions.



To browse exclusive reviews of all Top-Rated Banks in Florida, please click on any of the links below:



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Reasonable efforts have been made by AdvisoryHQ to present accurate information, however all info is presented without warranty. Review AdvisoryHQ’s Terms for details. Also review each firm’s site for the most updated data, rates and info.

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