Synchrony Bank CD Rates: 14-Month CD Rate at 5.00% APY

Synchrony Bank CD rates are some of the best CD rates available right now. Synchrony Bank's highest CD rate is on the 14-month CD at 5.00% APY. Synchrony Bank is a leading provider of online banking services, offering a range of financial products to meet the needs of consumers and businesses alike. One of their most popular offerings is their Certificate of Deposit (CD) account, which comes in terms ranging from 3-months to 60-months.

Synchrony Bank short-term and long-term CD rates are competitive and considerably higher than the comparable national average rates. Synchrony Bank 3-month CD rates are at 2.25percent, 6-month CD rates are at 4.25% and 1-year CD rates are at 4.50 percent. On the long end, 24-month bump up CD rates are at 3.70 percent and 60-month CD rates are at 4.30%.

Synchrony Bank offers competitive CD rates, making it an attractive option for people looking to earn a higher return on their investment without taking any risk. Currently, the bank's CD rates range from 0.25% APY for a 3-month CD to 5.00% APY for a 14-month CD. These CD rates are subject to change and can vary based on the deposit amount and CD term.

Synchrony Bank CD Rates Include:

  • 3-month 2.25% APY
  • 6-month 4.25% APY
  • 9-month 4.30% APY
  • 11-month no penalty 3.75% APY
  • 12-month 4.50% APY
  • 13-month 4.50% APY
  • 14-month 5.00% APY
  • 15-month 4.50% APY
  • 16-month 4.50% APY
  • 18-month 4.50% APY
  • 19-month 4.50% APY
  • 24-month 4.30% APY
  • 24-month bump up 3.70% APY
  • 36-month 4.30% APY
  • 48-month 4.30% APY
  • 60-month 4.30% APY

Open a Synchrony Bank CD Account

Synchrony Bank CD Terms

Synchrony Bank offers a variety of CD terms to suit the needs of its customers. CD terms range from 3-months to 5-years, there is no minimum deposits for any of the CD accounts. You can choose the CD term that best fits your investment goals and timeline, with longer terms generally offering higher interest rates. Remember if you decide if you need access to your funds before the CD term is up you will pay a penalty to withdraw your funds.

Synchrony Bank CD Account Features

In addition to competitive rates and flexible CD terms, Synchrony Bank also offers a number of features designed to enhance your experience. For example, you can access their account online or via the bank's mobile app, making it easy to manage their CD and track their earnings. Additionally, the bank offers automatic renewal options, allowing you to automatically renew their CD at maturity or transfer the funds to another account.

Synchrony Bank History

Synchrony Bank has a rich history dating back to 1932, when it was founded as the General Electric Credit Corporation. In 2009, the company changed its name to GE Capital Retail Bank, and in 2014, it became an independent, publicly traded company known as Synchrony Financial. Today, Synchrony Bank is a top provider of consumer financial services, offering a range of products and services designed to help customers achieve their financial goals.

In summary, Synchrony Bank offers competitive CD rates, flexible CD terms, and a range of account features designed to enhance your experience. Its rich history and reputation for innovation and excellence make it a trusted provider of financial services. Whether you are a seasoned investor or new to the world of finance, Synchrony Bank's CD account is an attractive option worth considering. You can learn more or open a CD account at:

Author: Brian McKay
March 4th, 2023