Earn up to 5% with the best 2 year CD rates.
A Certificate of Deposit (CD) is a savings account that allows you to lock away a defined amount of money for a fixed interest rate for a predetermined amount of time. Also known as "Time Deposits", essentially you guarantee to a bank that you will lend them your money for a certain period of time and they in return guarantee to pay you a specific rate of interest.
The Best 1 Year CD Rates
Bank/ Institution | Interest Rate APY | Min To Open | Notes |
|---|---|---|---|
5.00% | $25,000 | limited time offer | |
4.85% | $5,000 | 15 month CD | |
4.85% | $500 | limited time offer |
The Best 2 Year CD Rates
Bank/ Institution | Interest Rate APY | Min To Open | Notes |
|---|---|---|---|
5.00% | $1,000 | 22 month CD; direct ACH funding up to $12,000 only, higher requires internal transfer | |
5.00% | $2,000 | 22 month CD | |
5.00% | $1 | 27 month CD; via SaveBetter |
The Best 3 Year CD Rates
Bank/ Institution | Interest Rate APY | Min To Open | Notes |
|---|---|---|---|
4.60% | $500 | Max $250,000 | |
4.55% | $25,000 | Max $250,000 |
