Online CD Rates 2018 – 2-Year CDs

Two Year Certificates of Deposit (CD) rates from online banks are often above average if you are willing to open and manage your account using the Internet. Most online banks offer an online application and money can be transferred to fund the CD via an electronic transfer, check, wire, or credit card. To view rates for other CD terms, click the tabs above.

Highest Two-Year Online CD Rates - August 15, 2018

2 Year CD National Average: 1.05% ^?

BANK	APY?	Vs. Nat'l Av.	MIN?
Sponsored		Advertiser Disclosure
	2.50%	2.38x	$500	Learn More on the Marcus website Reviews (29)
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Popular Direct	2.95%	2.80x	$10,000	Reviews (15)
Virtualbank, A Division Of Iberiabank	2.81%	2.67x	$10,000	Reviews (11)
Ablebanking, A Division Of Northeast Bank	2.80%	2.66x	$1,000	Reviews (15)
Sallie Mae Bank	2.80%	2.66x	$2,500	Reviews (17)
Live Oak Banking Company	2.80%	2.66x	$2,500	Reviews (13)
M.y. Safra Bank, Fsb	2.80%	2.66x	$5,000	Reviews (2)
Purepoint Mufg Union	2.80%	2.66x	$10,000	Reviews (20)
Igobanking.com, A Division Of Flushing Bank	2.75%	2.61x	$1,000	Reviews (27)
Bankpurely, A Division Of Flushing Bank	2.75%	2.61x	$1,000	Reviews (7)
Citizens Access	2.75%	2.61x	$5,000	Reviews (3)
Bac Florida	2.75%	2.61x	$100,000	Reviews (9)
Bank5 Connect	2.70%	2.57x	$500	Reviews (7)
Vio Bank, A Division Of Midfirst Bank	2.65%	2.52x	$500	Reviews
Navy Federal Credit Union Restrictions	2.60%	2.47x	$0	Reviews (7)
Pentagon Restrictions	2.60%	2.47x	$1,000	Reviews (2)
Tiaa Bank / Everbank	2.60%	2.47x	$1,500	Reviews (19)
Colorado Federal Savings Bank	2.60%	2.47x	$5,000	Reviews (12)
American Express Bank, Fsb	2.50%	2.38x	$0	Reviews (7)
Barclays Bank Delaware	2.50%	2.38x	$0	Reviews (20)
Ally Bank	2.50%	2.38x	$0	Reviews (43)
My Banking Direct, A Division Of New York Community Bank	2.50%	2.38x	$0	Reviews (7)
Airbanking	2.50%	2.38x	$500	Reviews
Synchrony Bank	2.50%	2.38x	$2,000	Reviews (42)
Capital One 360	2.50%	2.38x	$10,000	Reviews (5)
Discover Bank	2.45%	2.33x	$2,500	Reviews (6)
Incredible Bank, A Division Of River Valley Bank	2.42%	2.30x	$1,000	Reviews (15)
Nationwide Bank	2.40%	2.28x	$100,000	Reviews (1)
Dollar Savings Direct, A Division Of Emigrant Bank	2.00%	1.90x	$1,000	Reviews (13)
Northern Bank Direct	1.75%	1.66x	$10,000	Reviews (9)
Radius Bank	1.70%	1.62x	$500	Reviews (4)
Usaa Federal Savings Bank	1.56%	1.48x	$175,000	Reviews
New Dominion Direct	1.50%	1.43x	$1,000	Reviews
Commercial Investment Trust	1.45%	1.38x	$100,000	Reviews (26)
Commercial Investment Trust	1.40%	1.33x	$1,000	Reviews (26)
Bank Of Internet, A Division Of Bofi Federal Bank	1.20%	1.14x	$1,000	Reviews (1)
Onewest Bank, A Division Of Cit Bank	1.10%	1.05x	$1,000	Reviews
Cnb Bank Direct	0.86%	0.82x	$1,000	Reviews

All rates listed are Annual Percentage Yield (APY). The Min listed is the minimum deposit account balance required to obtain the rate listed.

See rates for Local Banks →

See rates for Credit Unions →

Two Year CDs - Online Banks 2018

Two year certificates of deposit provide a saver with a fixed rate for two years in return for a commitment for keeping the money in the bank during that period. If the CD is "broken" and the funds are taken out earlier, banks assess a substantial penalty. A depositor should only invest in a two year CD if they do not need the money for the term of the CD. All two year CDs listed on BestCashCow are FDIC insured.

Online banks often offer rates that are higher than a CD from a branch-based bank. An individual who is comfortable banking and managing their money online may find an online bank to be a good choice. But before opening an account, it is wise to research the following questions:

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.