Best 24 Month CD Rates at 1.30% Well Above the Average 2 Year CD Rate of 0.95 Percent
This past week didn't see any big moves in average 24 month CD rates but the best CD rates on our rate list moved higher. Average 2 year bank CD rates this week are at 0.95 percent, unchanged from last week's average 2 year rate. The FDIC also publishes a weekly average rate and in this week's FDIC survey the average 2 year rate as at 0.40 percent, no change from the prior week's average rate.The highest CD rates this week on our rate list are from NexBank at 1.29 percent with an APY of 1.30 percent. NexBank is the new leader on our 2 year rate list. The prior week's best 2 year CD rate, now the second highest rate, is from AloStar Bank at 1.25 percent with an APY of 1.26 percent.The third best 2 year certificate of deposit rate this week is from Barclays Bank. Current Barclays Bank CD rates on 2 year certificates of deposit are at 1.24 percent with an APY of 1.25 percent. The top 3 rates on our rate list are more than 3 times the FDIC average 2 year rate this week. Below is a list of the top CD rates on 24 month CD accounts this week.
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