Synchrony Bank 2026 Review

Mika L.
Written by Mika L.
Financial Content Writer

Synchrony Bank4.0/5

Rate (APY)
3.75% APY
Term
5 years
Minimum Deposit
$0
Promotion
N/A
Apply Now →on Synchrony Bank's website

Synchrony Bank provides a solid option with its 3.75% APY for a 5-year CD, appealing to those who prefer no minimum balance requirements while still earning interest.

Pros:

  • No minimum balance
  • Flexible terms

Cons:

  • APY not as competitive as others

In conclusion, Synchrony Bank's 5-year CD with a competitive 3.75% APY is an excellent choice for individuals seeking a straightforward savings option without the burden of minimum deposit requirements, making it particularly suitable for both new savers and those looking to maximize their interest earnings over the long term.

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Summary of all rates from our cd rate pages. Click column headers to sort.

Provider ↕Rate ↓Term ↕Min Deposit
Bread Savings4.75% APY5 years$1,500Learn more
America First Federal Credit Union4.10% APY5 years$500Learn more
Vibrant Credit Union4.10% APY6 months$5Learn more
CommunityWide Federal Credit Union4.10% APY6 months$1,000Learn more
Popular Direct4.10% APY6 months$10,000Learn more
Newtek Bank4.10% APY6 months$2,500Learn more
Live Oak Bank Personal4.10% APY12 months$2,500Learn more
Limelight Bank4.03% APY1 year$1,000Learn more
Marcus by Goldman Sachs4.00% APY1 year$500Learn more
Sallie Mae4.00% APY5 years$2,500Learn more
Marcus by Goldman Sachs High-Yield4.00% APY12 months$500Learn more
TAB Bank3.90% APY12 months$1,000Learn more
My Banking Direct3.80% APY6 months$2,500Learn more
Synchrony Bank3.75% APY5 years$0Learn more
BMO Alto3.60% APY5 years$0Learn more
LendingClub3.50% APY1 year$500Learn more

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