What Are Phoenix CD Rates Paying You?
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Phoenix CD Rates are lower than the national average, with 24, 12 and 6-month CD rates coming in at an average of .59%. (The U.S. average is .89%). While these aren’t the best CD rates the nation has ever seen, a CD is a solid investment, and much safer than other options.
If you were to put $100,000 in a 24-month CD in Phoenix, you’d earn $1,755 on your investment. Likewise, if you were to put the same amount of money in a 12-month or 6-month CD, you’d earn $265 and $175, respectively.
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