Synchrony Bank CDs

Synchrony Bank CDs APY

	$2,000 & Above
9 months	4.50% APY
12 months	4.40% APY
18 months	4.25% APY
24 months	3.90% APY
36 months	4.00% APY
48 months	4.00% APY
60 months	4.00% APY

Receive up to 4.50% APY for Synchrony Bank CD account

Receive 0.25% / 4.20% / 4.50% APY for 3 / 6 / 9 months CD account

Interest compounded daily and credited monthly

You can withdraw interest paid during your CD’s current term anytime without penalty

Open your CD and fund within 15 calendar days and if the rate is higher on the day you fund you will get the higher rate

US$2,000 minimum opening deposit

Same rates are also available for IRA CD

Synchrony Bank will send you a maturity notice 30 days before your CD maturity date. A 10-day grace period will be given after your CD matures, during which you can add funds, withdraw funds, or change the term. If you don’t do anything, your CD is automatically renewed

A penalty of 90 / 180 / 365 days simple interest at current rate will be imposed for terms of less than 12 months / 12 to less than 48 months / 48 months or more for any early withdrawal of principal from CD account

Click here to go to Synchrony Bank website for more details

About Synchrony Bank

Synchrony Bank is part of Synchrony, a Fortune 500 company with more than 80 years in consumer finance and the largest provider of private label credit cards in the United States. There are no physical branches as it is mainly an online bank. Online banking is available via app or website for all customers.

Synchrony Bank can be contacted via live chat on website, mail or phone. Sallie Mae can be contacted via phone on 1-866-226-5638 weekdays from 8am to 8pm ET and weekends from 8am to 5pm ET

Synchrony Bank is a member of FDIC which covers the deposits of a depositor to up to US$250,000