Synchrony Bank Cd Rates
- Synchrony Bank Cd Rates 1 Year
- Synchrony Bank Cd Rates 5 Year
- Best Cd Rates Synchrony Bank
- Synchrony Bank Cd Rates
© adriaticfoto/Shutterstock An older couple researches online.Synchrony Bank is an online bank that offers a variety of savings products, including certificates of deposit (CDs). Synchrony offers a wide range of CD terms. The minimum deposit for each CD is $2,000.
The current interest rate displayed is for a deposit $100,000+ for a 12 month period Note that Synchrony Bank deposit accounts have moved over from MetLife Bank. The rate of 2.50% is 1.3% higher than the average 1.2%.
Synchrony is best for savers who are comfortable banking only online.
2.71% – Synchrony Bank 1 Year Jumbo CD Rates Posted in Synchrony Bank 1 Year Jumbo CD on December 26th, 2018 Synchrony Bank CD Rates for 1 Year Jumbo certificate of deposits are now at 2.71 percent. Synchrony offers a wide range of CD terms. The minimum deposit for each CD is $2,000. © adriaticfoto/Shutterstock An older couple researches online. Synchrony is best for savers who are comfortable.
Synchrony Bank earned 4.2 out of 5 stars.
Synchrony CD rates
Here's a closer look at Synchrony's CD rates.
| Account name | Term | APY | Minimum deposit |
| CD | 3 months | 0.15% | $2,000 |
| CD | 6 months | 0.25% | $2,000 |
| CD | 9 months | 0.35% | $2,000 |
| CD | 12 months | 0.60% | $2,000 |
| CD | 13 months | 0.60% | $2,000 |
| CD | 14 months | 0.60% | $2,000 |
| CD | 15 months | 0.60% | $2,000 |
| CD | 18 months | 0.60% | $2,000 |
| CD | 24 months | 0.65% | $2,000 |
| CD | 36 months | 0.70% | $2,000 |
| CD | 48 months | 0.70% | $2,000 |
| CD | 60 months | 0.80% | $2,000 |
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Note: The APY (annual percentage yield) shown is as of Dec. 23, 2020. The APYs for some products may vary by region.
How Synchrony rates compare to top-yielding banks
Synchrony Bank Cd Rates 1 Year
Synchrony has the advantage of offering a wide variety of terms, but the interest rate it pays for CDs is slightly lower compared to some other high-yield CDs offered by other banks. That means you can easily set up a CD ladder, but might not earn as much as you otherwise could.
Synchrony Bank Cd Rates 5 Year
If you're looking to maximize the interest you earn, consider a CD with another bank, such as Delta Community Credit Union or VyStar Credit Union. Which bank offers the highest yields on CDs depends on the term. Shop around.
Other savings options at Synchrony
Synchrony also offers savings accounts and money market accounts.
Best Cd Rates Synchrony Bank
The money market account offers a lower interest rate than the bank’s 12-month CD. Unless you value the flexibility that a money market accounts offer, the account isn't a great choice for savers seeking the highest rate.
Synchrony Bank Cd Rates
Synchrony's savings account is a good option to earn a solid return without locking your money into a CD. The savings account currently offers higher rates than the bank’s money market account and even the bank’s 36-month CD. It also beats out the rates offered by many competitors, making it a good way to earn a solid return without locking your money into a CD.