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

Core Insights - A 2-year certificate of deposit (CD) offers a competitive return while allowing for liquidity compared to longer-term investments, especially as interest rates may decline in the near future [1] Summary by Category Best 2-Year CDs - Prime Alliance Bank offers a 24-month CD with an annual percentage yield (APY) of 3.8% and a minimum opening deposit of $500 [4] - Marcus by Goldman Sachs provides a 24-month CD with an APY of 3.95%, significantly above the national average, requiring a minimum deposit of $500 [5] - Synchrony Bank's 24-month CD features an APY of 3.5% with no monthly maintenance fees and a minimum deposit of $0 [6][10] - America First Credit Union offers a 24-month CD with an APY of 4.05% and a minimum deposit of $500 [12] - American Express National Bank has a 24-month CD with an APY of 3% and no minimum deposit required [13][17] - Quontic Bank's 24-month CD provides an APY of 3.35% with a minimum deposit of $500 [14][18] - Bank5Connect offers a 24-month CD with an APY of 3.2% and a minimum deposit of $500 [15][19] - Bask Bank has a 24-month CD with an APY of 3.65% and a higher minimum deposit of $1,000 [16][20] - TAB Bank features a 24-month CD with an APY of 3.82% and a minimum deposit of $1,000 [21][27] - Bread Savings offers a 24-month CD with an APY of 3.75% and the highest minimum deposit requirement of $1,500 [22][28] Market Context - The average interest rate for a 2-year CD is currently 1.41%, with several banks and credit unions offering rates significantly above this average, reaching as high as 4% [24] - America First Credit Union currently holds the highest 2-year CD rate at 4.05% APY [25] Evaluation Methodology - The evaluation of the best 2-year CDs involved over 300 data points, focusing on metrics such as APY, minimum opening deposit, and compounding frequency [26][29] - Accounts with higher APYs received more favorable ratings, while those with lower or no minimum deposit requirements ranked better [29]