Best Two Year (24 month) Certificate of Deposit (CD) Rates*

Updated January 7, 2009 | Know a good 2 Year CD Rate? Tell us and we'll post it below.

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2 Year CDs | 3 Year CD | 4 Year CD | 5 Year CD

Bank**

APY***

Minimum Deposit

Reviews

MetLife Bank

3.70%

$50,000

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GMAC Bank

3.65%

$500

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EverBank

3.50%

$2,000

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Acacia Federal Savings Bank

3.50%
$500
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Imperial Capital Bank

3.50%

$2,000

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E-Loan

3.50%

$10,000

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Umbrella Bank

3.35%

$1,000

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Advanta Bank Corp.

3.30%

$10,000

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IGobanking

3.25%

$1,000

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State Bank of India, New York Branch

Rating unavailable.

3.24%

$5,000

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Discover Bank

3.10%

$2,500

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Flagstar

3.00%

$500

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ING Direct

2.75%

$1

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Overview | Advice and Pitfalls | Top CD Rates

Bauer Soundness Ratings. BauerFinancial periodically assesses the health of the nation's banks and credit unions using data reported to the government, its annual reports, and more. An explanation of their star system can be read here.

* Depositors should bear in mind that the FDIC insurance extension to $250,000 only applies until December 31, 2009. Unless changed before that date, FDIC insurance will revert to $100,000 after that date.

** This chart includes banks that have certificate of deposit accounts that can be opened and monitored online as well as certificate of deposit accounts that are managed through mail correspondence. It, however, does not include certain regional or local banks that ordinarily require a personal appearance to open a certificate of deposit account.

*** For a complete definition of Annual Percentage Yield (APY), please see the Financial Terminology section.

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