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Certificate of Deposit (CD)

Save more, do more with a great CD rate.

13 Months
%
APY*
  • No minimum deposit
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24-month term
Bump-up CD
%
APY*
  • No minimum balance

Earn with confidence.

A great way to start saving. One time flexibility to request an increase should the rate we offer for this product rise.

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Bump-Up CD

Earn with the confidence to boost your rate once during the CD term.

Unsure about locking in a rate for the entire term of a CD today? With our Bump-Up CD option, if the rate we offer for this CD term increased you have the power of choice to bump up your APY and interest rate once during the term and enjoy a higher rate, effective through the end of your CD's current term before it auto-renews. Has building your savings ever been smarter or easier?

With our Bump-Up CD option, if the rate we offer for this CD increases you have the power of choice to bump up your APY and interest rate once during the term and enjoy a higher rate, effective through the end of your CD’s current term before it auto-renews.

 
Certificate of Deposit (CD)
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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Certificate of Deposit (CD)

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 Synchrony Bank Certificate of Deposit (CD) may be the perfect choice.

Not sure what term is right for you or how to open a CD account? Our CD calculator can help you compare CD rates and find the term or combination of terms to help you reach your savings goals. Choose a shorter term for earlier access or a longer term to reward your commitment to saving. Let’s get started.

11-month term
No-penalty CD
%
APY*
  • No minimum balance

Flexible and steady savings.

No early withdrawal penalty if you need to access 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.

View All Rates

Choose a great rate. Make it count.

Explore Synchrony Bank IRA CD rates and terms.

View All IRA Rates

Term Length for CD Account

Term Length for IRA CD Account

  • 3 Months
  • 6 Months
  • 9 Months
  • 12 Months
  • 18 Months
  • 24 Months
  • 36 Months
  • 48 Months
  • 60 Months

Annual Percentage Yield

4.00%APY*
No Minimum Balance

Calculate your CD earnings.

See the difference that we can make for yourself. Compare our CD rates and see how you can come out on top.

Initial Deposit
$
Term Length
12 Months
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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.
Certificate of Deposit (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 FAQS CONTACT US
Looking for other options that earn interest? We’ve got them.
%
APY*
High Yield Savings (HYS)
  • No minimum balance
EXPLORE HIGH YIELD SAVINGS
%
APY*
Money Market Account (MMA)
  • No minimum balance
EXPLORE MONEY MARKET ACCOUNT

FAQs

VIEW ALL FAQs
VIEW ALL FAQs

Be in the know about making your money grow

Photo of a woman looking at her smartphone.

What Is a Certificate of Deposit (CD) and How Does It Work?

Written by Eric Rosenberg

Jun 30, 2022 | 10 minute

 Photo of man holding his daughter over his shoulders.

How CD Ladders Work (Video)

Written by Synchrony Staff

Aug 06, 2019 | 1 minute

 Photo of dad hoisting his daughter up over his shoulders.

A Guide to Bump-Up CDs: What it is and How it Works

Written by Jackie Lam

May 31, 2022 | 1 minute

*DISCLOSURES:

ANNUAL PERCENTAGE YIELD (APY): All APYs are accurate as of 3/28/2025.

APYs are subject to change at any time without notice. Offers apply to personal non-IRA accounts only. Charges for specific services may reduce earnings. For Money Market and High Yield Savings Accounts, the rate may change after the account is opened. 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 for your CD type in effect at that time. The maximum APY shown for CDs is for a non-IRA 13-month CD. See all non-IRA CD rates and terms offered here.

BUMP-UP CD: A rate increase may be requested once during the term of the CD should the rate we offer for the Bump-Up CD rise.

NO-PENALTY CD: Early withdrawals are not permitted within the first 6 days after account funding. Following that, only withdrawal of the entire balance is allowed.

NATIONAL AVERAGE: National Average APYs are based on specific product types of top 50 U.S. banks (ranked by total deposits) provided by Curinos LLC as of 03/03/2025. CD Rates: Average APYs are based on certificate of deposit accounts of $25,000. Curinos data is obtained from public sources; accuracy and completeness is not guaranteed. Curinos is not liable for reliance on the data.

FDIC INSURANCE: up to $250,000 per depositor, per insured bank, for each ownership category.