Certificate of Deposit (CD)

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Certificate of
Deposit (CD)

Save more, do more with a great CD rate.

9 Months

% APY*

No minimum balance

START SAVING NOW

Bump-Up CD 24 Months

APY*

UP TO

APY*

No minimum balance

Lock in for higher rates.

Better rates reward your commitment to saving. Easy to track your earnings online.

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Lock in higher rates that reward your commitment to saving.

Want to lock in a competitive rate and let your money steadily grow? Then a CD may be the perfect choice for you. Choose a shorter-term CD for earlier access or a longer-term CD to reward your commitment to saving.

No-Penalty CD 11 Months

APY*

No minimum balance

Flexible and steady savings.

No early withdrawal penalty if youneed to access to your money*. Your commitment to save offers you stability with our No-Penalty CD flexibility.

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No-Penalty CD

Flexible and steady savings to help your funds grow, grow, grow.

It’s the oldest rule you know about a CD—that you’re locking in a rate in exchange for agreeing not to withdraw your funds without a penalty. But with a No-Penalty CD, we’ve flipped the script: no penalty for an early withdrawal that gives you the flexibility to access all your funds on demand. Really? Really.

Our No-Penalty CD offers you an 11-month term and a competitive fixed rate without a minimum required balance to open—and you’ll be able to withdraw the full amount of all your funds in the account any time after the first 6 days following the funding of the account. It’s a brand-new way to save smarter with Synchrony Bank.

Choose a great rate. Make it count.

Explore Synchrony Bank CD rates and terms.

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Source: Curinos LLC.curinos.com Although the information has been obtained from the various institutions themselves, the accuracy cannot be guaranteed. See disclosures below for more information.

CD: How it works.

Let’s say you want to earn as much interest as you can, but you’re not quite sure when you’ll need your cash. A CD account is a great option for you.

READ FAQSCONTACT US

CD: How it works.

Let’s say you want to earn as much interest as you can, but you’re not quite sure when you’ll need your cash. A CD account is a great option for you.

READ FAQSCONTACT US

Looking for other options that earn interest? We’ve got them.

High Yield Savings (HYS)

APY*

No minimum balance

EXPLORE HIGH YIELD SAVINGS

Money Market Accounts (MMAs)

APY*

No minimum balance

EXPLORE MONEY MARKET ACCOUNTS

FAQ

Penalty Amounts
Terms of 12 months 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
Terms of 48 months or more	365 days of simple interest at the current rate
*Exceptions:* For information on exceptions, please click here.

We assess an early withdrawal penalty if you withdraw funds from the principal balance prior to the maturity date. Certain exceptions may apply.

If you are interested in having more flexible access to your funds, you can consider a CD Ladder strategy or the No-Penalty CD.

You can withdraw interest paid during your CD’s current term anytime without penalty. You can transfer the interest to a Synchrony Bank High Yield Savings or Money Market Account or a non-Synchrony Bank account. For help withdrawing your interest, call us at 1-866-226-5638.

While you are not able to add additional funds during the term of the CD, you can add additional funds during the 10-day grace period after the CD maturity date.
If you are interested in adding money to your CD portfolio, we encourage to consider a CD ladder strategy. To learn more about CD ladder strategy click here.

Synchrony Bank is a member of the FDIC. Your deposit accounts are insured up to $250,000.00 per ownership category. To learn more about FDIC coverage, please visit the FDIC website at FDIC: Deposit Insurance At A Glance.

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