Costa Rica Interest Rates

The Costa Rican economy with a population of 4.3 Million (Est 2011 census) ranks 85th in the world with a GDP PPP of 44 billion and GDP PPP per capita of 11,923 vs 48,328 (United States) according to the IMF in 2011. Its currency is the Costa Rican colón which is often denoted as CRC in FX markets. Its banks offer fixed interest rate of return product for retail customer savings called a 'certificate of deposit' or 'CD'. Its inflation estimates according to website for the country was 4.9% in 2011 and 4.5% in 2012.

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Costa Rica Banks

Showing rates for 5 Bank deposit providers in Costa Rica.
Bank Branch Founded Ownership
Banco De Costa Rica Banco De Costa Rica 245 1877 Local
Banco Nacional Banco Nacional 170 1914 Local
Citibank Costa Rica Citibank Costa Rica 12 1968 Foreign
Banco Cathay Banco Cathay 8 1998 Foreign
Scotiabank Costa Rica Scotiabank Costa Rica 1995 Foreign

Costa Rica Discussion Activity

  • Citibank Costa Rica
    Q: Where are your bank locations in Costa Rica? Also we are moving to Costa Rica but will have our pension checks deposited in the U S, will that cause a problem? Will we need to provide documents every time to pay someone in Colonas?

    Jim from United States
  • Banco De Costa Rica - Deposits - BCR 2 Year CD
    Q: Are there fees for opening up a CD? Gracias

    Mark J from Reno, United States
  • Banco De Costa Rica - Deposits - BCR 6 Month CD
    Q: I live in the United States, can I open an account with your bank and receive the same CDMA rate? and what are the requirements? Thank you

    Michael Calamita from United States
  • Deposits
    Q: I'm from Costa Rica but I live in US, can I open checking account or CD?

    anna from Katy, United States
  • Banco De Costa Rica - Deposits
    Q: I am a US citizen; may I open a bank account in Costa Rica and invest in CDs or other products?

    James Calkins from Moab, United States
  • Banco De Costa Rica - Deposits
    Q: Is this rate on certificates of deposit good for dollar account or is it in colones ? Can I open this account on line ?

    Walter from San José, Costa Rica
  • Scotiabank Costa Rica
    Q: What interest rates do you offer on CD's What will $100,000 US Dollars will be worth in one year ? What about three and five year cd's .. Thank you

    Stephen from Saint Petersburg, United States
  • Deposits
    Q: Can interest be transfered out monthly in to current account on 5 yr fixed savings accounts ( Banco de Costa?

    Jon from Saivres, France
  • Deposits
    Q: hi how much is interest on 100000 us dollar account per month

    Johnny from United States