National average 12 month certificate of deposit rates are currently at 1.02 percent. There are 12 month CD rates better than the national average. We have compiled a list of the best 12 month CD rates at banks in Philadelphia, Pennsylvania.

The best 12 month CD rate at banks is from Tennessee Commerce Bank. The bank’s 12 month bank CD rate is 1.69 percent with an annual percentage yield of 1.70 percent. The minimum opening deposit is $2,500.

Next on the list of the best 12 month CD rates is Bank of Internet USA. Their current 12 month CD rate is 1.53 percent with an APY of 1.54 percent. The minimum opening deposit is $1,000.

Best 12 month Bank CD Rates in Philadelphia, Pennsylvania

Tennessee Commerce Bank 1.70% APY Min $2500
Bank of Internet USA 1.54% APY Min $1000
Discover Bank 1.50% APY Min $2500
Ally Bank 1.50% APY Min $ 1
American Express Bank FSB 1.50% APY Min $ 0
Giantbank.com 1.46% APY Min $2500
AIG Bank 1.46% APY Min $2500
Nationwide Bank 1.45% APY Min $10,000
EverBank 1.40% APY Min $1500
PenFed 1.34% APY Min $1000
American Bank CD Interest Rates 1.30% APY Min $500
QNB 1.15% APY Min $500
BankDirect 1.11% APY Min $10,000
Allstate Bank 1.10% APY Min $1000
ING DIRECT 1.00% APY Min $ 1
First Internet Bank of IN 1.00% APY Min $1000
Ameriprise Bank FSB 0.95% APY Min $10,000
Lafayette Ambassador Bank CD Rates 0.90% APY Min $500
E-LOAN.com 0.85% APY Min $10,000
Northwest Savings Bank 0.85% APY Min $500