Lock in Top Returns with a 2-Year CD as Rates Rise

Interest rates on loans have skyrocketed due to Fed rate hikes, but rates on savings accounts and CDs have also gone up.

Now is a great time to open a high-yield 2-year CD and lock in a top rate.

The top 2-year CD rates range from 4.65% APY to 5.60% APY.

Minimum deposit requirements for 2-year CDs range from $0.01 to $25,000.

2-year CDs offer a balance of high returns and easy access compared to shorter or longer terms.