Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our partners, however, our opinions are our own. Terms apply to offers listed on this page.
Synchrony Bank CD rates
Annual Percentage Yield (APY)
2.25% to 4.60%
Minimum Deposit Amount
$0
Annual Percentage Yield (APY)
2.25% to 4.60%
Minimum Deposit Amount
$0
Details
Annual Percentage Yield (APY)
2.25% to 4.60%
Minimum Deposit Amount
$0
Pros & Cons
Highlights
Additional Reading
Synchrony pays high rates on CDs. Most banks typically require at least $1,000 for an initial deposit, but Synchrony stands out because it doesn’t require any account minimums to open a CD.
How Synchrony compares
Editor’s Rating
Editor’s Rating
Editor’s Rating
Synchrony vs. Discover Bank
Synchrony has higher CD rates than Discover. However, keep in mind rates may fluctuate so this can change in the future.
Your choice between the two banks could also come down to which term length you want. Synchrony offers a wider variety of shorter-term CDs, including 13-month, 14-month, and 15-month terms. But Synchrony’s longest term is 5 years, while Discover has 7-year and 10-year options.
Synchrony vs. Marcus
Synchrony CDs offer high interest rates than most Marcus CDs right now. However, keep in mind rates may fluctuate so this can change in the future.
You might like Marcus if you want to open a no-penalty CD, which doesn’t charge you for withdrawing funds before your CD matures. The Marcus No-Penalty CD pays competitive rates, too.
Related Post
Insider’s experts choose the best products and services to help make smart decisions with your money (here’s how). In some cases, we receive a commission from our partners, however, our opinions are our own. Terms apply to offers listed on this page.
Synchrony Bank CD rates
Annual Percentage Yield (APY)
2.25% to 4.60%
Minimum Deposit Amount
$0
Annual Percentage Yield (APY)
2.25% to 4.60%
Minimum Deposit Amount
$0
Details
Annual Percentage Yield (APY)
2.25% to 4.60%
Minimum Deposit Amount
$0
Pros & Cons
Highlights
Additional Reading
Synchrony pays high rates on CDs. Most banks typically require at least $1,000 for an initial deposit, but Synchrony stands out because it doesn’t require any account minimums to open a CD.
How Synchrony compares
Editor’s Rating
Editor’s Rating
Editor’s Rating
Synchrony vs. Discover Bank
Synchrony has higher CD rates than Discover. However, keep in mind rates may fluctuate so this can change in the future.
Your choice between the two banks could also come down to which term length you want. Synchrony offers a wider variety of shorter-term CDs, including 13-month, 14-month, and 15-month terms. But Synchrony’s longest term is 5 years, while Discover has 7-year and 10-year options.
Synchrony vs. Marcus
Synchrony CDs offer high interest rates than most Marcus CDs right now. However, keep in mind rates may fluctuate so this can change in the future.
You might like Marcus if you want to open a no-penalty CD, which doesn’t charge you for withdrawing funds before your CD matures. The Marcus No-Penalty CD pays competitive rates, too.
