Compare rates on 2 year CDs from banks and credit unions. Use the filter box below to customize your results.
252 RESULTS |
Results
| FEATURED | |||||||
 | CIT Bank2 Year RampUp Plus CD | 1.25% | $25k | - | $629 | DETAILS ► | |
| Sponsored Note: Boost Your Rate. Boost Your Deposit. | |||||||
 | GE Capital Bank24 Month CD | 1.20% | $500 | $1m | $605 | DETAILS ► | |
| Sponsored Note: Steady growth, guaranteed returns and a low minimum deposit to open. | |||||||
 | Ally BankRaise Your Rate 2-Year CD | 1.10% | - | - | $553 | DETAILS ► | |
| Sponsored Note: No Minimum Deposit to Open. Consistently competitive rates. Member FDIC. | |||||||
 | Third Federal Savings and Loan (OH)29 Month CD Special2 Reviews | 1.50% | $500 | - | $918 | DETAILS ▼ | |
 | Quorum Federal Credit Union25 Month Term Savings CD | 1.50% | $1k | - | $789 | DETAILS ▼ | |
 | Melrose Credit Union2 Year Share Certificate15 Reviews | 1.41% | $5k | - | $710 | DETAILS ▼ | |
 | Regal Bank24 Month CD | 1.36% | $500 | - | $687 | DETAILS ▼ | |
 | Freedom Bank (NJ)24-35 Month CD | 1.35% | $500 | - | $717 | DETAILS ▼ | |
 | Bogota Savings Bank21 Month CD | 1.35% | $1k | - | $595 | DETAILS ▼ | |
 | Pinnacle Federal Credit Union24 Month CD4 Reviews | 1.31% | $500 | - | $661 | DETAILS ▼ | |
 | Connexus Credit Union24 Month Certificate With Active Checking14 Reviews | 1.30% | $10k | - | $654 | DETAILS ▼ | |
 | EverBank2 Year Yield Pledge CD13 Reviews | 1.26% | $1,500 | - | $634 | DETAILS ▼ | |
 | Clifton Savings Bank24 Month CD1 Review | 1.25% | $500 | - | $631 | DETAILS ▼ | |
 | Salem Five Direct24 Month eCD Special10 Reviews | 1.25% | $10k | - | $631 | DETAILS ▼ | |
 | Capital Educators Federal Credit Union24 Month Promotional Share Certificate | 1.25% | $500 | - | $631 | DETAILS ▼ | |
 | Salem Five24 Month eCD Special3 Reviews | 1.25% | $10k | - | $629 | DETAILS ▼ | |
 | Oritani BankLoyalty 2 Year Certificate | 1.25% | $1k | - | $629 | DETAILS ▼ | |
 | Digital Credit UnionJumbo 27 Month Jump-Up CD - Relationship Rate8 Reviews | 1.23% | $2,500 | - | $699 | DETAILS ▼ | |
 | Patelco Credit Union24 - 35 Month Thank You Certificate Special (Member over 20 Yrs)5 Reviews | 1.20% | $1k | - | $637 | DETAILS ▼ | |
 | The Berkshire Bank24 Month CD6 Reviews | 1.20% | $1k | $500k | $605 | DETAILS ▼ | |
 | Bank5 Connect24 Month Investment Connect CD5 Reviews | 1.20% | $500 | - | $605 | DETAILS ▼ | |
 | Susquehanna Bank24 Month Fixed Rate Special CD10 Reviews | 1.20% | $2,500 | - | $605 | DETAILS ▼ | |
 | Cape Bank2 Year CD | 1.20% | - | - | $604 | DETAILS ▼ | |
 | Affinity Credit Union24 Month LadderUP CD5 Reviews | 1.20% | $500 | - | $604 | DETAILS ▼ | |
 | Mariner's Bank24 Month CD | 1.17% | $1k | - | $590 | DETAILS ▼ | |
 | Virtual Bank2 Year eCD5 Reviews | 1.16% | $10k | - | $583 | DETAILS ▼ | |
 | Silvergate Bank2 Years High Yield Online CD | 1.16% | $25k | $225k | $583 | DETAILS ▼ | |
 | Peapack-Gladstone Bank25 Month CD (New Money only)1 Review | 1.15% | $500 | - | $604 | DETAILS ▼ | |
 | Synchrony Bank24 Month CD10 Reviews | 1.15% | $25k | - | $580 | DETAILS ▼ | |
 | Discover Bank24 Month CD27 Reviews | 1.15% | $2,500 | - | $580 | DETAILS ▼ | |
 | Columbia Bank (NJ)24 Month CD4 Reviews | 1.15% | $500 | - | $580 | DETAILS ▼ | |
 | Barclays24 Month Online CD13 Reviews | 1.15% | - | - | $580 | DETAILS ▼ | |
 | Lake Michigan Credit Union24 Month VIP CD35 Reviews | 1.15% | $500 | - | $580 | DETAILS ▼ | |
 | BAC Florida BankBAC Internet Time Deposit 24 Months | 1.15% | $500 | - | $580 | DETAILS ▼ | |
 | Hudson City Savings Bank2 Year CD11 Reviews | 1.15% | $500 | - | $578 | DETAILS ▼ | |
 | RSI BANK25 Month CD | 1.10% | $1k | - | $578 | DETAILS ▼ | |
 | Nationwide Bank24 Month CD9 Reviews | 1.10% | $500 | - | $555 | DETAILS ▼ | |
 | Cross River Bank24 Month CD | 1.10% | $500 | - | $555 | DETAILS ▼ | |
 | AloStar Bank of Commerce24 Month CD3 Reviews | 1.10% | $1k | - | $555 | DETAILS ▼ | |
 | Palladian Private Bank24 Month CD1 Review | 1.10% | $10k | - | $555 | DETAILS ▼ | |
Displaying 1-40 of 252 Results
2 Year CD Rate Trend
2-Year CD Rates
What are CDs?
CDs, also called certificates of deposit, are low-risk investments with a predetermined, fixed rate of return (interest) sold by financial institutions. The 2-Year CD is one of many time horizons typically offered by banks and credit unions, and serves as a fairly liquid way to store savings while growing them at higher interest rates than usually afforded by standard savings accounts.
Contribution Limits
CDs, or time deposits, usually come with no maximum limits on how much you are able to deposit. In most cases, the bigger your principal, the more you will earn in interest – this is called “tiered interest.” However, some financial institutions offer just a flat interest rate for any amount of principal.
Mini CD Ladders and Add-On CDs
2-Year CDs are commonly termed 24-month CDs and make for a good last rung on a mini CD ladder. The simplest way build this ladder is to invest in 5 CDs ranging in duration from 3 months to 24 months (i.e., a 3-month CD, 6-month CD, 12-month CD, 18-month CD, and a 24-month CD). After the first CD reaches maturity, you can decide whether to open another 24 month CD to extend your ladder. Repeat this process until you have 24 Month CDs expiring every 3 months, and you will have achieved higher rates of return than a savings account, while maintaining good liquidity (access to funds penalty free every 3 months). Alternatively, Add-On CDs are designed so that the bank or credit union will allow you to invest additional funds into an already opened CD. This could be advantageous, especially if the interest rates are tiered.
Small banks and credit unions typically offer the best interest rates on CDs, which is why you will predominantly see share certificates at the top of the CD rate tables on DepositAccounts. Whether bank or credit union, make sure the CD being offered is federally insured. The FDIC or NCUA guarantees each depositor up to at least $250,000 per insured financial institution where he or she has an account. American Share Insurance (ASI) is a private insurer that covers each account you may have at an insured credit union up to $250,000.
Some financial institutions offer Bump-Up CDs that allow the certificate of deposit holder to switch to a higher rate (if available) one time during the life of the investment without incurring a penalty. This is a helpful feature, but is usually offered with long term CDs as an incentive to “loan” the bank or credit union money for a longer period of time.