Synchrony Bank CD Review
Synchrony Bank CD is offered by Synchrony Bank,
founded in 1932 and based in Bridgewater, NJ.
Synchrony Bank CD is available in
50 states (and Washington, DC).
Synchrony Bank CD FAQ
Are cd accounts from Synchrony Bank federally insured?
Yes, your Synchrony Bank cd accounts are insured up to $250,000 per person by the Federal Deposit Insurance Corporation (FDIC #27314). The FDIC is an independent agency of the United States government that protects you against the loss of your insured deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.
What types of CDs does Synchrony Bank offer?
What APY does Synchrony Bank offer on its CDs?
Synchrony Bank CD offers an APY starting at 0.15% and ranging up to 0.80% (APY stands for annual percentage yield, rates may change).
What types of terms does Synchrony Bank CD offer?
Synchrony Bank offers CD terms of the following lengths:
Synchrony Bank CD Rates & Terms
|APY (Annual Percentage Yield)
||0.15% - 0.80%
What is the minimum deposit to open a CD account with Synchrony Bank?
Synchrony Bank CD requires a minimum initial deposit of $2,000 to open an account.
What types of early withdrawal penalties does Synchrony Bank CD charge?
Financial institutions don't typically charge many fees on certificate of deposit accounts. However, some do charge a fee if you chooose to withdrawal your money before the CD term ends.
Synchrony Bank does not charge an early withdrawal fee.
Synchrony Bank CD Fees
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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.