Synchrony Bank CDs Review

Synchrony CD rates today

Term	APY
3 months	0.25%
6 months	4.20%
9 months	4.50%
11 months (no penalty)	0.25%
12 months	4.30%
13 months	4.30%
14 months	4.30%
15 months	4.50%
16 months	4.40%
18 months	4.50%
19 months	4.50%
24 months	4.60%
24 months (bump up)	3.30%
36 months	4.65%
48 months	4.65%
60 months	4.75%

From Synchrony’s rates and terms page, rates accurate as of October 27, 2026. CD rates are fixed for the term once your CD is opened and funded.

Which Synchrony CD term is best?

The 9 month CD pays 4.50% APY with a 90 day penalty, the best short term choice. The 24 month CD pays 4.60% and the 3 year CD 4.65%, each with a 180 day penalty. The 5 year CD pays the most, 4.75%, but carries a 365 day penalty. Skip the 3 month and no penalty CDs, which pay 0.25%.

Minimum deposit and early withdrawal penalties

There is no minimum deposit. Early withdrawal costs 90 days of simple interest on terms of 12 months or less, 180 days on terms over 12 and under 48 months, and 365 days on 48 months or more.

How Synchrony CDs work

• Fixed rate for the full term
• No minimum deposit
• 10 day grace period at maturity, the only time you can add money
• Personal non IRA rates shown; IRA CDs have their own rates

Is Synchrony safe?

Yes. Synchrony Bank is FDIC certificate 27314, which we confirmed as active in the FDIC BankFind database, with about $115.2 billion in assets as of June 30, 2026. Deposits are insured up to $250,000 per depositor, per ownership category.

Compare CD rates by term: 6 month · 9 month · 1 year · 18 month · 2 year · 3 year · 4 year · 5 year

How it compares

The best CD rate we track right now is Sallie Mae Bank CDs. Compare every CD on our CD rates page.

Who it is best for

• Savers who want no minimum and a wide choice of terms
• Anyone who wants a 9 month CD at 4.50%