Synchrony Bank(see table below) offers customers across the nation the chance to earn at a competitive rate of 1.25% APY on a 12-month CD. There are no fees applied to this account and it has a low minimum opening balance of $2,000. You can also earn a 0.25% APY on a 3-Month CD to 1.85% APY on a 60-Month CD term. Take advantage of great CD rates and terms that fit you. It starts with our great rates. The terms? That’s your call. Choose what best fits your goals, and watch your savings grow steadily with rates that won’t fluctuate during the term you’ve chosen. Synchrony Bank CDs come with many award-winning options with rates that go beyond the national average+, choice of terms from 3 months to 60 months, and a peace of mind through FDIC insurance up to $250,000 per depositor, per insured bank, for each ownership category.
Synchrony Bank CD Account Information:
- Apply Now (See table above)
- Account Type: CD Account
- Availability: Nationwide
- CD Length: 3-60 Months
- Credit Inquiry: Hard Pull or Soft Pull? Let us know.
- Minimum Balance Requirement: $2,000
- Additional Requirements: Must have a valid U.S. residence, a U.S. Social Security Number or a U.S. Tax Identification Number, and a U.S. Driver’s License, State Identification Number or Military ID.
- Early Withdrawal Fee: A penalty will be imposed if you make a withdrawal of principal prior to the maturity date.
- Auto-Renewal: Unknown
Synchrony Bank CD Terms:
- 0.25% APY for a 3-Month CD
- 0.41% APY for a 6-Month CD
- 0.45% APY for a 9-Month CD
- 1.25% APY for a 12-Month CD
- 1.25% APY for a 18-Month CD
- 1.45% APY for a 24-Month CD
- 1.50% APY for a 36-Month CD
- 1.60% APY for a 36-Month CD with a $100,000 minimum.
- 1.60% APY for a 48-Month CD
- 1.65% APY for a 48-Month CD with a $25,000 minimum.
- 1.80% APY for a 60-Month CD
- 1.85% APY for a 60-Month CD with a $25,000 minimum.
Why You Should Apply for This Account:
Award Winning Interest Rates: At 1.25% APY, the 12-month CD account earns at the highest rate in the country for a short term CD. Furthermore, interest is compounded daily and credited monthly. For two years in a row. Synchrony Bank has been recognized again by Bankrate.com and MONEY Magazine!
Choose Your Own Term Length: If you’re looking for a shorter or longer term CD, Synchrony Bank has 3- to 60-month terms so you can pick what suits you best.
Low Minimum Deposit: As long as you open your CD with at least $2,000, you will earn interest at the highest 12-month CD rate in the country.
FDIC Insured: You can feel confident in the bank knowing that your funds are insured up to the maximum amount of $250,000.
As long as you have a valid U.S. residence, a U.S. Social Security Number or a U.S. Tax Identification Number, and a U.S. Driver’s License, State Identification Number or Military ID, you can sign up for Synchrony Bank’s online CD accounts. The bank offers a competitive rate of 1.25% APY for a 12-month CD, and the account has no maintenance fees! All you have to do is deposit at least $2,000 to get the account started. Control of your money through our online banking portal, or by speaking with one of our Banking Representatives. Your money is safe with us for the term you choose, but if you do decide to withdraw early, penalties may apply. Sign up today and make the most out of your new high interest CD account. If you would rather compare rates from other banks, check out our complete list of the Best CD Rates in the country!
Editor’s Note: To sign up see the table above and click on the green button for Synchrony Bank!
Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.
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