Choose from Synchrony Bank award-winning CDs.

Synchrony Bank award-winning CDs

• Features Synchrony Bank award-winning CDs
• Synchrony Bank early withdrawal penalty for CDs
• Withdraw from a Synchrony Bank CD
• Add funds to Synchrony Bank CD during the term of the CD
• Synchrony Bank deposit accounts are FDIC insured

Features Synchrony Bank award-winning CDs

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Choice of terms from 3 months to 60 months
Peace of mind through FDIC Insurance
Open an account with a $2,000 minimum deposit
Manage your account easily online

Synchrony Bank early withdrawal penalty for CDs

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On Synchrony Bank, An early withdrawal penalty may be assessed if you makes a withdrawal prior to the CD maturity date, which is the last day of the CD term. The penalty is applied to the amount of principal withdrawn (no penalty on interest).The bank does not charge an early withdrawal penalty on a CD for the death of an account owner with proper verification.

• Terms of 12 months or less: 90 days of simple interest at the current rate.
• Terms of more than 12 months but less than 48 months: 180 days of simple interest at the current rate.
• Terms of 48 months or more: 365 days of simple interest at the current rate.

Withdraw from a Synchrony Bank CD

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Any amount of interest paid during the current term of the CD can be withdrawn at any time without penalty

Interest can be transferred internally to a Synchrony Bank Money Market or High Yield Savings Account, a registered external account, or sent by check to the account address we have on file.

Add funds to Synchrony Bank CD during the term of the CD

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You are only allowed to add funds at the initial funding of a CD, or during the 10 day grace period beginning on the maturity date of the CD.

Synchrony Bank deposit accounts are FDIC insured

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Synchrony Bank is a member of the FDIC, so your deposit accounts with us are insured up to $250,000 per ownership category.

Note: Certificates of deposit offer the best return on your savings with a bank or credit union; commit your money for a set term, and enjoy a higher interest rate. We’ve rounded up offers, for a number of CD term lengths so you can find one that fits.