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Synchrony Bank CDs provide APYs often exceeding those of brick-and-mortar banks. The absence of a minimum deposit removes common barriers to entry, and the online platform ensures users can open and manage their CD accounts easily without visiting a branch. Funds are protected through FDIC insurance, making it a low-risk, high-yield alternative for conservative savers.
Synchrony’s digital tools allow savers to open, manage, and renew CDs entirely online. Customers can transfer interest to a linked Synchrony savings or money market account. Features like a 10-day grace period post-maturity for changes, interest withdrawal without penalties, and an automated renewal process create a hands-off, convenient user experience.
While Synchrony focuses on digital convenience, it still provides essential banking services such as FDIC-insured deposits and access to a dedicated support team. The platform supports external bank transfers, digital statements, and a broad range of term lengths to suit different financial goals.
CD Term | APY (as of Dec 2025) |
3 Months | 0.25% |
6 Months | 3.75% |
9 Months | 4.10% |
| 11 Months | 3.00% |
12 Months | 3.80% |
| 13 Months | 3.85% |
| 14 Months | 4.10% |
| 15 Months | 3.75% |
| 16 Months | 3.75% |
18 Months | 3.70% |
| 19 Months | 3.70% |
24 Months | 3.50% |
36 Months | 3.60% |
48 Months | 3.50% |
60 Months | 3.75% |
Rates are fixed upon account opening. Interest is compounded daily and credited monthly. There are no monthly service fees.
Synchrony’s CD management tools are accessible through a streamlined online banking portal. Account holders can view balances, set up transfers, and receive email reminders for upcoming maturity dates. Customer service is available six days a week by phone. While there is no chat function, the FAQ section is extensive and covers most user queries efficiently.
Synchrony's mobile app is compatible with both iOS and Android. It includes CD account overviews, balance tracking, and access to linked savings accounts. While mobile check deposits are more relevant to checking or savings accounts, the app enables simple navigation and CD management on the go.
Synchrony Bank is FDIC insured, and all customer data is protected by SSL encryption and secure login features. There is also two-factor authentication to guard against unauthorized access. These measures align with industry standards for protecting online financial data.
Synchrony Bank’s CD product is designed for online-savvy savers looking for competitive interest rates, secure deposit protection, and flexible term options. Its no-minimum-deposit policy and robust digital features make it a strong option for conservative investors or those pursuing CD laddering strategies. The lack of physical branches may deter some, but the online experience compensates with convenience and clarity.
This review was created using information from Synchrony Bank’s official website, customer service interactions, rate tables, and expert reviews from sources like Forbes, Bankrate, GoBankingRates, and NerdWallet. All data has been validated for accuracy as of December 2025.
Annual Percentage Yield (APY) is subject to change at any time without notice. Offer applies to personal non-IRA accounts only. Fees may reduce earnings. For CD accounts, a penalty may be imposed for early withdrawals. After maturity, if your CD rolls over, you will earn the offered rate of interest in effect at that time. Visit http://synchrony.com/banking for current rates, terms and account requirements. Member FDIC.
Having explored the features and benefits of this product, you might be curious about how it stacks up against its competitors. We encourage you to visit our comprehensive comparison chart for a broader perspective. This chart offers a detailed juxtaposition of this product with other leading brands, highlighting differences in features, pricing, and customer ratings. It’s an invaluable resource for contrasting your options and making an informed decision that best suits your needs. Don’t miss out – take a moment now to view our comparison chart and see how your chosen product compares in the wider market.
AI was used in the creation of this content, along with human validation and proofreading.
The BestMoney editorial team is composed of writers and experts covering a full range of financial services. Our mission is to simplify the process of selecting the right provider for every need, leveraging our extensive industry knowledge to deliver clear, reliable advice.
