To open a Synchrony Bank account, you 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. Open an account today and start earning interest.
Table of Contents
Synchrony Bank CD Account Information
- Direct Link to Offer
- Account Type: CD Account
- APY Rate: See table below
- Availability: Nationwide
- CD Length: 1 years
- Soft/Hard Pull: Unknown
- 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
Why You Should Apply for This Account
Award Winning Interest Rates: At this current APY, the 1-year CD account earns at one of the highest rates in the country for a short term CD. Furthermore, interest is compounded daily and credited monthly.
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 one of the highest 1-year CD rates 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.
|CD Term||APY Rate|
|3-Month Term||0.75% APY|
|6-Month Term||1.00% APY|
|9-Month Term||1.25% APY|
|12-Month Term||2.00% APY|
|13-Month Term||2.00% APY|
|14-Month Term||2.00% APY|
|15-Month Term||2.00% APY|
|18-Month Term||2.00% APY|
|24-Month Term||2.10% APY|
|36-Month Term||2.10% APY|
|48-Month Term||2.10% APY|
|60-Month Term||2.15% APY|
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 account. The bank offers a competitive rate of for a 1-year CD (see table above), and the account has no maintenance fees!
All you have to do is deposit at least $2,000 to get the account started. 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 the HMB list of the Best CD Rates in the country!
The Chase Sapphire Preferred Card offers 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®!
You'll earn 2X points on travel and dining at restaurants worldwide, eligible delivery services, takeout and dining out & 1 point per dollar spent on all other purchases. And when you redeem your points for travel through Chase Ultimate Rewards, you'll get 25% more value!
Furthermore, you'll earn 2X total points on up to $1,000 in grocery store purchases per month from November 1, 2020 to April 30, 2021. Includes eligible pick-up and delivery services.
You get unlimited deliveries with a $0 delivery fee & reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash's subscription service. Activate by 12/31/21.
This card carries a $95 annual fee.