Best 2-year CD rates for February 2026: Lock in the highest rates

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If you’re looking for a mode to fastener successful a competitory instrumentality without tying up your savings for excessively long, a 2-year certificate of deposit (CD) could onslaught the close balance. With involvement rates inactive comparatively elevated compared to humanities averages — but perchance headed little successful the adjacent aboriginal — a 2-year CD could assistance you unafraid a predictable complaint implicit the adjacent 24 months.

Our squad evaluated dozens of accounts to find the champion 2-year CDs disposable today. Here’s a look astatine the accounts that made our apical 10 (see our afloat methodology here).

The pursuing is simply a snapshot of our picks for the champion 2-year CDs disposable today. Keep speechmaking for much details astir these accounts.

APY: 3.8%
Minimum opening deposit: $500

Prime Alliance Bank’s 24-month CD offers 3.8% APY with a minimum opening deposit of $500. Interest connected this CD is compounded and credited monthly.

Read our afloat reappraisal of Prime Alliance Bank

APY: 3.95%
Minimum opening deposit: $500

The Marcus by Goldman Sachs 24-month CD offers 3.95% APY — astir 3 times the nationalist average. Interest compounds daily. You indispensable deposit a minimum of $500 to unfastened an account.

The punishment for making an aboriginal withdrawal from this relationship is 180 days’ involvement connected the archetypal main equilibrium astatine the involvement complaint successful effect for the account.

Read our afloat reappraisal of Marcus by Goldman Sachs

APY: 3.5%
Minimum opening deposit: $0

Synchrony Bank’s 24-month CD boasts 3.5% APY with nary monthly attraction fees oregon minimum equilibrium requirements. Interest connected this relationship is compounded regular and credited monthly.

The punishment for making an aboriginal withdrawal from this CD is adjacent to 180 days’ elemental involvement astatine the existent rate.

Read our afloat reappraisal of Synchrony Bank

APY: 4.05%
Minimum opening deposit: $500

Depositors who similar a recognition national implicit a accepted slope whitethorn beryllium funny successful America First Credit Union’s 24-month CD. This relationship offers 4.05% APY with a minimum opening deposit of $500 required.

To go a subordinate of America First Credit Union, you’ll request to taxable an online exertion and conscionable definite eligibility requirements.

Read our afloat reappraisal of America First Credit Union

APY: 3%
Minimum opening deposit: $0

American Express doesn’t conscionable connection recognition cards. The banking limb of American Express offers a fig of banking products and services. This includes high-yield CDs; its 24-month CD offers 3% APY with nary minimum deposit required. Interest compounds daily.

Read our afloat reappraisal of American Express National Bank

APY: 3.35%
Minimum opening deposit: $500

Quontic’s 24-month CD presently provides 3.35% APY with a minimum deposit of $500 required. Interest compounds regular and is credited monthly. There are nary monthly work fees.

One large drawback of this CD: The punishment for making an aboriginal withdrawal is adjacent to the involvement for the afloat magnitude of the term.

Read our afloat reappraisal of Quontic Bank

APY: 3.2%
Minimum opening deposit: $500

Bank5Connect is an online-only slope offering competitory rates connected its deposit products. The existent complaint for its 24-month CD is 3.2% APY, and a minimum of $500 is needed to unfastened an account. Interest compounds monthly.

The punishment for aboriginal withdrawals is adjacent to six months' involvement connected the magnitude withdrawn.

Read our afloat reappraisal of Bank5 Connect

APY: 3.65%
Minimum opening deposit: $1,000

Bask Bank’s 24-month CD has a higher minimum opening deposit astatine $1,000. So, this relationship whitethorn not beryllium the champion enactment if you’re inactive moving connected gathering up your savings.

Those who bash suffice payment from 3.65% APY and regular involvement compounding. The punishment for making a withdrawal earlier your CD hits maturity is 180 days’ elemental involvement based connected the main magnitude withdrawn.

Read our afloat reappraisal of Bask Bank

APY: 3.82%
Minimum opening deposit: $1,000

TAB Bank offers a 2-year CD that earns an awesome 3.82% APY. There is simply a $1,000 minimum opening deposit requirement. Interest is compounded regular and credited monthly.

Read our afloat reappraisal of TAB Bank

APY: 3.75%
Minimum opening deposit: $1,500

Bread Savings’ 24-month CD offers a competitory 3.75% APY, though the minimum opening deposit for this relationship is the highest connected our database astatine $1,500. Interest is compounded regular and credited monthly.

Read our afloat reappraisal of Bread Savings

Whether a 2-year CD is “worth it” depends connected your goals, wherever rates are now, and what alternatives you’re considering. Choosing this word magnitude allows you to fastener successful a competitory involvement complaint for 2 years, which tin beryllium beneficial if rates are falling. However, it’s important to see whether you’re capable to support your wealth tied up for 2 years — making a withdrawal earlier maturity volition effect successful an aboriginal withdrawal penalty, which tin hitch retired immoderate oregon each of your involvement earnings.

The mean involvement complaint for a 2-year CD is presently 1.41%. However, respective banks and recognition unions connection rates good supra this mean — arsenic precocious arsenic 4% successful immoderate cases.

Right now, the highest 2-year CD complaint is offered by America First Credit Union. This relationship boasts 4.05% APY.

Explore further CD terms:

Best 6-month CD rates
Best 1-year CD rates
Best 18-month CD rates
Best wide CD rates

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Our grading system, collected and cautiously reviewed by our idiosyncratic concern experts, comprised implicit 300 information points for federally insured CDs with 2-year terms. We utilized this information to make our database of the champion CDs.

We evaluated these accounts according to respective cardinal metrics, including yearly percent yield, minimum opening deposit, compounding frequency, and more.

The accounts connected our database could gain a maximum of 25 points crossed each metrics. Here’s a person look astatine the categories we considered:

Annual percent output (APY): Accounts with higher APYs were rewarded with much points than those with little APYs. Note that rates connected our database are existent astatine the clip of publishing, but are taxable to alteration astatine immoderate time.
Minimum opening deposit: Many CDs necessitate a minimum deposit to unfastened an account. Accounts with nary oregon debased minimum deposit requirements ranked much favorably than those with higher opening deposit requirements.
Compounding frequency: Compounding tin hap daily, monthly, quarterly, oregon adjacent annually. We awarded much points to accounts that compound involvement frequently.
Customer work interaction methods: Our squad awarded 1 constituent for each interaction method disposable to customers (phone, email, chat).