Synchrony Bank Cd Rates
Synchrony Bank 14 Month CD 339 Reviews. AbleBanking 1 Year CD 11 Reviews. Credit union CD rates can be higher than bank CD. CDs Synchrony Bank offers CDs from 3-month to 5-year terms with higher-than-average interest rates. The APY for a 12-month CD is higher than what many competitors offer. There is a minimum deposit of $2,000 to open a CD with Synchrony. Synchrony Lowers CD Rates Again Aug 13, 2019 Synchrony Bank has lowered its CD rates again this morning. Their 1-year rate is now 2.45% from 2.50% and their 5-year CD is now 2.65% from 2.80%. 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. The shortest certificate of deposit term and lowest CD rate from Synchrony Bank is the 3-month account currently at 0.75 percent. The longest CD term and highest CD rate at Synchrony Bank is the 5-year account at 2.23 percent with an APY of 2.25 percent.
- Synchrony Bank Cd Rates 5 Year
- Synchrony Bank Cd Rates June 2020
- Best Cd Rates Synchrony Bank
- Synchrony Bank Cd Rates For Ira
- Synchrony Online Savings
- Synchrony Bank Cd Rates 2018
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.
Synchrony is best for savers who are comfortable banking only online.
Synchrony Bank Cd Rates 5 Year
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.
Synchrony Bank Cd Rates June 2020
How Synchrony rates compare to top-yielding banks
Best Cd Rates Synchrony Bank
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.
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 Bank Cd Rates For Ira
Synchrony also offers savings accounts and money market accounts.
Synchrony Online Savings
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 2018
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.