WebMar 11, 2024 · Certificate of Deposit: 13-Month 1.00% APY Special Offer. If you don’t need immediate access to your cash, a Synchrony Bank CD lets you earn an even higher APY. The bank offers CDs in term lengths from three months to 60 months with varying interest rates. The longer the term, the more interest you’ll earn. WebNov 8, 2024 · 5.0. NerdWallet rating. The bottom line: Synchrony offers top-of-the-line rates on its online savings account and certificates of deposit — and no monthly fees. The …

Synchrony Bank Review 2024 - Investopedia

WebAug 7, 2024 · Synchrony Bank offers CDs from 3-month to 5-year terms with higher-than-average interest rates. The APY for a 12-month CD is higher than what many competitors offer. ... They don't offer checking accounts. Synchrony Bank doesn't have the services of a full-service bank. WebApr 1, 2024 · Without physical branches to manage, Synchrony, like other online banks, saves on overhead costs and passes its savings along to its account holders in the form of higher interest rates on savings accounts and CDs. What’s more, Synchrony CDs are insured by the FDIC, protecting account holders by up to $250,000 a person. kyle coft

Synchrony Bank Review: Online Savings, CDs, and Money Market …

WebFeb 11, 2024 · A high-yield online savings account that offers 3.75% APY. Synchrony Bank Money Market. Get 1.1% APY with no minimum balance requirements and easy online access. Synchrony Bank CD. With terms between three and 60 months, this account can help you earn up to 4.3% APY. Synchrony Bank IRA Money Market. WebMar 31, 2024 · Synchrony is an online-only bank with a focus on two main product categories: credit cards and savings accounts.Its three types of savings accounts include a regular savings account, a money ... WebIf you have a large or routine purchase to make, we have the financing solutions that can help fit it into your budget. * From national retailers to local merchants, Synchrony helps … program language history