Average August CD Rates for San Diego, CA

The hardest part about saving money is often just doing it, but doing more than just putting some cash away in a savings account will help you reach your goals even faster. A certificate of deposit will often provide higher earnings than a traditional savings account, but the key is finding the best CD rates in San Diego before committing a deposit. Learning more about the rates currently available in and around the city will help you make an informed decision when it comes to choosing an account.

For example, just knowing what kind of range of interest rates to expect from the financial institutions in your area will give you a better understanding of a “good” rate versus a less competitive one. Below is a look at the highest and lowest interest rates, as well as averages, across a few different CD terms.

Average CD Interest Rates in San Diego, CA

San Diego 2-Year CDs

There are currently 11 CDs offered in and around San Diego for a term of 2 years. Of those accounts the highest rate is 1.56% APY, while the very lowest is 0.54% APY. The average 2-year CD rate in the city today is 1.14% APY.

1-Year CDs in San Diego

Out of a total 11 accounts available, the highest San Diego 1-year CD rate is 1.01% APY and the lowest is 0.5% APY. The average rate among these accounts is 0.75% APY.

San Diego 6-Month CDs

Banks and credit unions in and around San Diego currently have 11 certificates of deposit available for a 6-month term. The lowest rate you’ll find today 0.3% APY and the highest is 0.8% APY. The average 6-month CD rate in San Diego today is 0.47% APY.

These rates are as of August 12, 2011. Please note they are subject to change at any time.