Synchrony Certificate of Deposit Account Review: Earn 2.70% APY with 12-Month Term

Are you interested in maximizing your savings? Look no further! Synchrony Bank is offering a wide range of CDs rates with a $2,000 minimum deposit. Right now, you can enjoy earning 2.70% APY with their 12-Month CD term. Synchrony Bank offers a wide variety of rates and lengths to choose from and you can guarantee your money is safe as it’s FDIC insured.

Additionally, enjoy features such as the ability to manage your accounts easily, savings rates well above the national average and more. If you interested in a safe investment with a new CD account, be sure to sign up today! In addition, you can also check out other great promotions from banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Compass Bank or CIT Bank.

Synchrony Bank CD Rates Breakdown

• Account Type: Certificate of Deposit
• APY Rates for $2,000+ Deposits: (see table below)
• Availability: Nationwide
• Soft/Hard Pull: Unknown
• Minimum Balance Requirement: $2,000
• Additional Requirements: None
• Early Withdrawal Fee: An early withdrawal penalty may be assessed if you makes a withdrawal prior to the CD maturity date. terms of 12 month or less: 90 days of simple interest at the current rate, terms of more than 12 months but less than 48 months: 180 days of simple interest at the current rate and terms of 48 months or more: 365 days of simple interest at the current rate.
• Auto-Renewal: Unknown

Synchrony Bank CD Account Features

• Online Access: Users have the choice between managing their funds online, or easy access to one of the bank’s live representatives, 24/7.
• Mobile Banking: Download the bank’s mobile app to track the progress of their CD earnings, it’s up to date at all times, so you can track your progress and see how much you’re earning.

Synchrony Bank CD Account Rates

Synchrony Bank CD Steps

• Set up your account
  • Synchrony Bank will need access to your address, phone, email, social security and funding option
• Fill out the necessary forms
  • Within 10 days of setting up your account
• Done!
  • Watch for a confirmation letter that your funding has gone through

Conclusions

If you currently don’t have a CD with Synchrony Bank, I highly recommend you sign up for the length that fits you best. They offer APY rates well above the national average and ranks as one of the best online CD accounts. Synchrony Bank is a highly trusted online bank, so make sure to check out their CDs for a range of lengths and rates. However, if you’re not currently interested, then be sure to check out our complete list of CD Rates for all you CDs needs!

Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.

The Chase Freedom FlexSM offers a $200 bonus after spending $500 on purchases in your first 3 months from account opening. 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR. You'll earn: • Earn 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter! • 5% cash back on travel purchased through Chase Travel℠, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more • 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service • Unlimited 1% cash back on all other purchases You cash back rewards do not expire as long as your account is open and there is no minimum to redeem for cash back. This card has no annual fee. Learn More About This Card Here