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Best city for CD rates

By Sheyna Steiner ·
Wednesday, February 29, 2012
Posted: 3 pm ET

As you probably know, Bankrate tracks and compiles CD rates from around the country. The U.S. is a pretty big place with dozens of diverse markets; as a result CD rates are all over the map. (Ah, a CD rate joke.) Depending where you are, one-year CD rates can vary by as much as a third of a percentage point or about 33 basis points.

Out of 25 metropolitan areas, the highest yield on a one-year CD can be found in Minneapolis with the average one-year CD yielding 0.47 percent. The typical five-year yield is 1.42 percent.

The lowest yielding area is Pittsburgh, with an average one-year CD yield of 0.14 percent. The average five-year yield is half of what can be found in Minneapolis, at 0.77 percent.

This chart shows the five cities with the highest one-year CD rates and the five lowest as of February 22.


Metro area One-year CD yield Five-year CD yield
Minneapolis 0.47 1.42
Houston 0.46 1.21
Denver 0.45 1.2
Los Angeles 0.44 1.25
San Diego 0.4 1.29


Metro area One-year CD yield Five-year CD yield
Pittsburgh 0.14 0.77
Miami 0.15 1.2
Chicago 0.23 1.05
Tampa 0.23 1.27
Philadelphia 0.24 1.11

How does your area compare? Знакомства с иностранцами

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