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Image Courtesy: pixabay.com
You are viewing rates from banks across New Jersey
Below are two-year Certificates of Deposit (CD) rates from banks in New Jersey. Two-year CDs generally offer a higher rate than 1-year CDs but require a longer commitment. Depending on the economy, longer term CDs may or may not offer more premium as the term increases. If you expect rates on bank products to drop, can afford to lock the money away, and feel you are receiving enough premium for the time commitment, then longer-term CDs may be appropriate.
NJ - November 24, 2024
2 Year CD National Average : 0.66% ?
| Banks | APY | MIN | MILES ? | |
|---|---|---|---|---|
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5.30% |
$1,000 |
- |
Learn More
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4.15% |
$500 |
- |
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Rate History: 4.35% → 4.15% |
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James A. Elder | Mar 25, 2020 I was told on the phone by a bank rep that my present money market acct interest rate would continue at 2.25% until June 30, 2020 and would be FDIC covered up to $250,000. Please verify if this is true???... Read More |
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4.13% |
$500 |
- |
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Rate History: 4.82% → 4.40% → 3.61% → 3.08% → 4.13% |
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john | Apr 29, 2020 I called this banl there is no this rate Read More |
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4.05% |
$1,000 |
- |
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Early Withdrawal Penalty is 180 days interest.
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Rob H. | Nov 21, 2023 A real pain in the *** process to try and get approved! They were unable to match my drivers license photo with my live image after several times trying! Went to limelight bank instead and got approved in ... Read More |
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3.87% |
$1,000 |
- |
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3.75% |
$1,000 |
- |
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Early Withdrawal Penalty is 180 days interest.
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Dkplan | Dec 27, 2022 They gave a hard time with their cashier's check. They returned my deposited check that was emitted by them. Could you believe? Read More |
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3.75% |
$1,000 |
- |
Learn More
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Rate History: 0.20% → 4.30% → 4.40% → 4.05% → 3.75% |
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Customer18 | Mar 26, 2021 Spencer Bank is by far, the ABSOLUTE WORST Banking institution there is. The Bank - and the Headquarters - display a host of shortcomings and clearly are the most substandard bank - dealing with numerou... Read More |
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3.75% |
$5,000 |
- |
Learn More
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Dana E. | Mar 20, 2016 Good solid bank. Read More |
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3.60% |
$0 |
- |
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Rate History: 4.30% → 4.20% → 4.00% → 3.70% → 3.60% |
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highstream | Jan 2, 2024 Like others, I've been with Capital One and its predecessor ING Direct since 2007. I've also been getting cheap bank rates on my savings account and didn't realize that there was something better, although... Read More |
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3.60% 0.30% |
$250,000 $1,000 |
- |
Learn More
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Rate History: 3.95% → 3.70% → 3.90% → 3.60% |
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NORTY FLATZ | Dec 3, 2019 Have done business with "Hope's" San Diego branch for a few years. Always courteous and helpful. Looking forward to doing business with them in the future. Read More |
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3.56% |
$500 |
- |
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Rate History: 2.79% → 3.56% |
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3.50% |
$500 |
- |
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Rate History: 4.25% → 4.00% → 4.25% → 4.00% → 3.50% |
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3.30% |
$500 |
- |
Learn More
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Rate History: 2.15% → 4.50% → 4.50% → 3.30% |
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Zman111 | Jun 26, 2022 ACH transfers are not allowed. Called and was told that I had to set up wire transfers (and pay fees) or I could come in to the bank and get a bank check. Read More |
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3.25% |
$1,000 |
- |
Learn More
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Rate History: 4.25% → 4.00% → 4.10% → 3.50% → 3.25% |
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john | Apr 14, 2020 I call HSBC they told me they don't have 1.85 1 year CD. current CD is 0.8 / year Read More |
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3.25% |
$500 |
- |
Learn More
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Rate History: 5.10% → 4.90% → 4.75% → 3.50% → 3.25% |
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3.25% |
$1,000 |
- |
Learn More
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Rate History: 3.50% → 3.25% |
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3.00% |
$500 |
- |
Learn More
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SadSack | Dec 2, 2022 No such limits as referred to by Jonathan. Perfectly Happy with service and keep adjusting the rate! Read More |
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3.00% |
$500 |
- |
Learn More
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George Adams | Jun 8, 2016 When is your next shred date @Ramtown? Read More |
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3.00% |
$1,500 |
- |
Learn More
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Rate History: 2.65% → 3.00% |
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Ryan | Feb 13, 2018 Is it legal to bring someone into the branch and shake them down and threaten them when they want to redeem their CD upon maturity (as opposed to allowing it to automatically renew)? If not, these guys an... Read More |
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2.60% |
$1,000 |
- |
Learn More
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Rate History: 5.00% → 4.40% → 4.00% → 3.85% → 2.60% |
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RYAN S | Nov 28, 2022 While USAA was at one point a great option for all your banking needs, the service has deteriorated so much that I'm currently in the process of changing banks after more than 2 decades. The final straw w... Read More |
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2.00% |
$501 |
- |
Learn More
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Maggie | May 11, 2023 They made mistakes twice and would not correct them Read More |
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2.00% |
$0 |
- |
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2.00% |
$0 |
- |
Learn More
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Azoic | Feb 25, 2022 I joined Citi with a Costco-VISA card. An Accelerate followed, and then a checking account. Costco-VISA is necessary for using a credit card at Costco, otherwise cash is necessary. Accelerate Savings w... Read More |
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2.00% |
$10,000 |
- |
Learn More
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Rate History: 3.00% → 2.50% → 2.00% |
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Hayley7788d@outlook.com | Jan 2, 2023 Terrible customer service by investment side. Fees too high , too full of themselves Read More |
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1.77% |
$1,000 |
- |
Learn More
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1.75% |
$1,000 |
- |
Learn More
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1.00% |
$2,500 |
- |
Learn More
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Rate History: 1.75% → 1.00% |
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schoolbus2017 | Nov 8, 2019 farmer Read More |
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1.00% |
$10,000 |
- |
Learn More
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Rate History: 4.00% → 1.00% → 4.00% → 1.00% |
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Turonemckinney17@gmail.com | May 19, 2018 Experience Read More |
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0.95% |
$1,000 |
- |
Learn More
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0.85% |
$10,000 |
- |
Learn More
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0.75% |
$10,000 |
- |
Learn More
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0.75% |
$10,000 |
- |
Learn More
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0.75% |
$10,000 |
- |
Learn More
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Margaret | Nov 6, 2022 I have been to your bank branch several times I don't want my statement to be mailed please once again I'm requesting for you to not send any oaperr statements to me i expect my privacy and you are still M... Read More |
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0.75% |
$500 |
- |
Learn More
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Savvysaver | Nov 9, 2020 Here's what you will need: To be a resident of New Jersey or select Eastern Pennsylvania counties (the zip code provided in your application will receive an error stating "Zip code is not valid for this ap... Read More |
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0.70% |
$10,000 |
- |
Learn More
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Abraham Farber | May 14, 2015 looking to refinance into a fixed equity 15 yr loan, I have now a 1st Mortg & equity line total of about 218000. looking to get about 360 & pay off the old ones & have extra, I have a 4 unit house were we ... Read More |
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0.70% |
$10,000 |
- |
Learn More
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0.70% |
$10,000 |
- |
Learn More
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0.65% |
$10,000 |
- |
Learn More
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0.65% |
$10,000 |
- |
Learn More
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SAM | May 24, 2021 Rate is not valid BCC needs to improve on this. Its difficult enough savers are being penalized by the FED Read More |
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0.65% |
$10,000 |
- |
Learn More
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0.65% |
$100,000 |
- |
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0.60% |
$10,000 |
- |
Learn More
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CF | Jul 11, 2020 A great bank. Rates are competitive and they have outstanding customer service. Read More |
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0.55% |
$1,000 |
- |
Learn More
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0.55% |
$10,000 |
- |
Learn More
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0.55% |
$1,000 |
- |
Learn More
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Rate History: 0.30% → 0.55% |
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0.50% |
$5,000 |
- |
Learn More
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0.50% |
$10,000 |
- |
Learn More
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Run | Jan 12, 2021 They put paychecks on hold for a day so don’t expect your paycheck right away and they don’t answer their phones Read More |
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0.50% |
$1,000 |
- |
Learn More
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0.50% |
$5,000 |
- |
Learn More
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0.50% |
$10,000 |
- |
Learn More
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0.45% |
$500 |
- |
Learn More
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0.45% |
$10,000 |
- |
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0.45% |
$10,000 |
- |
Learn More
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silly | Apr 1, 2020 when I hit learn more, I get this box to rate the bank. WHY Read More |
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0.45% |
$10,000 |
- |
Learn More
|
|
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BENNIE BROOKS | Mar 25, 2015 OLIVER NORTH AIR LINES GOVERNOR BLANCO Read More |
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0.45% |
$10,000 |
- |
Learn More
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0.45% |
$500 |
- |
Learn More
|
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0.40% |
$50,000 |
- |
Learn More
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0.40% |
$500 |
- |
Learn More
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0.40% |
$10,000 |
- |
Learn More
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DN | Jan 11, 2020 I tried to do a re-fi loan through this place. Total nightmare. They never sent the loan disclosure prior to the closing. Imagine my surprise at closing when my cash to closing number increased by almo... Read More |
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0.36% |
$10,000 |
- |
Learn More
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0.35% |
$10,000 |
- |
Learn More
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0.35% |
$10,000 |
- |
Learn More
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0.35% |
$500 |
- |
Learn More
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Donna | Nov 1, 2022 This local community bank “by far” exceeded my expectations of what a banking institution should be. They take the time to understand their customers needs, educatedly answer questions, and take the ti... Read More |
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0.33% |
$1,000 |
- |
Learn More
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thedon | Mar 29, 2020 have been waiting 8 weeks - yes 8 weeks for a closing date from this bank ..... they keep giving flimsy excuses requesting insignificant and unnecessary paperwork from us ( the seller ) the buyers who know... Read More |
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0.33% |
$10,000 |
- |
Learn More
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ngeeung | May 10, 2021 NVE Bank can change the amount of my deposit later days. Without my permission they can change and do whatever they like. On 4/17/2021 I deposit $ 9000.00. Two days later he call me asked me a questio... Read More |
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0.30% |
$1,000 |
- |
Learn More
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0.30% |
$10,000 |
- |
Learn More
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0.30% |
$500 |
- |
Learn More
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Rate History: 4.05% → 0.30% |
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0.30% |
$10,000 |
- |
Learn More
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0.30% |
$10,000 |
- |
Learn More
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0.25% |
$10,000 |
- |
Learn More
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0.25% |
$10,000 |
- |
Learn More
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Lori Kroko | Mar 10, 2021 I think that it is absolutely despicable that I have been a customer of the Bank for more than 8 years and I bring in rolled coins with my account number on each wrapper and I am charged 5% fee. Cost me $3... Read More |
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0.25% |
$10,000 |
- |
Learn More
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0.25% |
$10,000 |
- |
Learn More
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0.20% |
$0 |
- |
Learn More
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Rate History: 1.00% → 0.20% |
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0.20% |
$10,000 |
- |
Learn More
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0.18% |
$10,000 |
- |
Learn More
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0.10% |
$10,000 |
- |
Learn More
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0.05% |
$2,500 |
- |
Learn More
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Rate History: 0.01% → 0.05% |
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Seeko | Mar 28, 2023 On line banking gives a confirmation number when paying bills. But it doesn’t confirm that the bill will be paid only that they have the information. Ridiculous. Read More |
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0.05% |
$500 |
- |
Learn More
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Ugg | Jun 12, 2023 US Bank reported me to dult Protective Services because my husband is 85 and I am63. He got sick and went into a nursing hime for 3 months. My husband always handled the financial affairs. I had to take ov... Read More |
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0.03% |
$25,000 |
- |
Learn More
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GAM | May 18, 2019 Had checking and savings for years when living in Philly. Went into PNC 2.35 APY high yield savings. They have thus far maintained rate. Easy web site and great customer phone service. Still maintain check... Read More |
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0.03% |
$100,000 |
- |
Learn More
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Treasure | Jul 24, 2023 BOFA is a den of people thieves camouflaged as bank operatives. There’s a soon to be uncovered carrel of money laundry there. They took all my money and don’t want to release it to me for no particular... Read More |
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BestCashCow strives to maintain the most accurate rates. If you believe a rate is not accurate, please let us know.
Two year CDs, also know as 24 month CDs are an intermediate term product that commits a depositor to keeping their money in the bank for 24 months in return for a fixed rate of return during that period. All two year CDs shown on BestCashCow are FDIC insured.
While two year CDs commit a person to locking their money in for double the time of a 12 month CD, the rate is not double. As a result, a depositor should think about whether the extra rate is worth the extra time commitment.
In general, if rates are rising, it makes sense not to lock up money for an extended period of time.
If rates are falling, then it makes sense to put money into a longer-term instrument to lock-in a higher rate.
Many find opening CDs at local bank is often easier than online. In a branch, a depositor can sign CD documents and initiate a CD in person, and can often get it done faster than mailing a check or initiating a wire transfer in order to get their money to an online bank. Many also appreciate the opportunity to interact face to face with a real human being as opposed to by phone or instant messaging.
All banks listed on BestCashCow are FDIC insured; BestCashCow.com strongly recommends that you stay within FDIC insurance limits and that if you are unsure of how the limits affect you, please visit the FDIC website.
To understand all of the income generating options available to a saver, please view the Income Generating Investments Comparison Chart.
Find out how much extra money you can earn by moving your bank money into an account that pays more.
Use or Change these Amounts And Rates