The purpose of this study is to investigate the performance characteristics of a bypass two-circuit refrigerator. A bench scale refrigeration system was designed and constructed to estimate possible performance improvement of the bypass two-circuit refrigerator. The experiments were conducted in the bench scale refrigeration system by varying capacity of the condenser and refrigerant charge amount with an adoption of a refrigerant storage vessel. The COPs of the bypass two-circuit refrigeration system in the refrigerator and freezer (RF)-mode and freezer(F) only-mode were increased by 10% and 17%, respectively, with increasing the capacity of the condenser. Besides, the COP of the system in the F only-mode was increased by 10% by adopting the refrigerant storage vessel.