California Certificate of Deposit Rates

The current national average 12 month certificate of deposit rate is 0.78 percent this morning. There are 12 month bank CD rates and credit union CD rates higher than the national average interest rate. We have compiled a list of the best 12 month California certificate of deposit rates.The best 12 month CD interest rate on our list for California is from Bank of Internet. The bank's current 12 month CD interest rate is 1.47 percent with a CD yield of 1.48 percent. Bank of Internet's 1 year rate is almost double the current national average rate.Giantbank.com has the second highest California CD rate on our list. The bank's current 12 month rate is 1.45 percent with a CD yield of 1.46 percent. The minimum opening deposit for a certificate of deposit account is $2,500.


Sallie Mae Bank which top our list about a month ago now has the third highest CD rate. Sallie Mae's current 12 month CD rate is 1.39 percent with a CD interest yield of 1.39 percent. The minimum opening deposit for a certificate of deposit account at Sallie Mae is only $1.

• Bank of Internet 1.48% APY Min $1000 
• Giantbank.com 1.46% APY Min $2500 
• Sallie Mae 1.40% APY Min $ 1 
• Ally Bank 1.37% APY Min $ 1 
• Discover Bank 1.35% APY Min $2500 
• Nationwide Bank 1.35% APY Min $10,000 
• American Express Bank 1.30% APY Min $ 0 
• PenFed 1.26% APY Min $1000 
• ING DIRECT 1.25% APY Min $ 1 
• La Jolla Bank 1.25% APY  Min $10,000 
• AIG Bank 1.20% APY  Min $2500 
• Tennessee Commerce Bank 1.15% APY  Min $2500