Your current location is: New York City, NY
| SAVINGS RATES | APY | MIN | |
|---|---|---|---|
|
Savings
|
3.65% | $0 | Compare |
| CD RATES | APY | MIN | |
|---|---|---|---|
|
6 Mo CD
|
3.75% | $0 | Compare |
|
9 Mo CD
|
4.10% | $0 | Compare |
|
11 Mo CD
|
0.25% | $0 | Compare |
|
12 Mo CD
|
3.90% | $0 | Compare |
|
14 Mo CD
|
4.00% | $0 | Compare |
|
15 Mo CD
|
3.85% | $0 | Compare |
|
18 Mo CD
|
3.70% | $0 | Compare |
|
24 Mo CD
|
2.80% | $0 | Compare |
|
24 Mo CD
|
3.50% | $0 | Compare |
|
36 Mo CD
|
3.60% | $0 | Compare |
|
48 Mo CD
|
3.50% | $0 | Compare |
|
60 Mo CD
|
3.75% | $0 | Compare |
| MONEY MARKET RATES | APY | MIN | |
|---|---|---|---|
|
Money Market
|
2.00% | $0 | Compare |
Money that you deposit is held by Synchrony Bank. Synchrony Bank is an FDIC insured institution founded in 1988. It has approximately $113.90 billion in assets.
| FDIC Insured | Yes |
| Insured Parent Bank | Synchrony Bank |
| FDIC Certificate | # 27314 |
| Date Established | 1988 |
| Assets | $113.90 billion |
| Loans | $85.86 billion |
| Deposits | $84.80 billion |
| Capital | $14.63 billion |
This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis."
Tax Rate: 30%
All calculations are for demonstration purposes only."
| Year | Rate 3.65% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 1,825 | 1,278 |
| 2 | 51,825 | 1,892 | 1,324 |
| 3 | 53,717 | 1,961 | 1,372 |
| 4 | 55,677 | 2,032 | 1,423 |
| 5 | 57,709 | 2,106 | 1,474 |
| 6 | 59,816 | 2,183 | 1,528 |
| 7 | 61,999 | 2,263 | 1,584 |
| 8 | 64,262 | 2,346 | 1,642 |
| 9 | 66,608 | 2,431 | 1,702 |
| 10 | 69,039 | 2,520 | 1,764 |
| 11 | 71,559 | 2,612 | 1,828 |
| 12 | 74,171 | 2,707 | 1,895 |
| 13 | 76,878 | 2,806 | 1,964 |
| 14 | 79,684 | 2,908 | 2,036 |
| 15 | 82,592 | 3,015 | 2,110 |
| 16 | 85,607 | 3,125 | 2,187 |
| 17 | 88,732 | 3,239 | 2,267 |
| 18 | 91,970 | 3,357 | 2,350 |
| 19 | 95,327 | 3,479 | 2,436 |
| 20 | 98,807 | 3,606 | 2,525 |
| TOTAL | $52,413 | $36,689 |
| Year | Rate 4.00% |
Annual Interest |
Annual Interest (After Tax) |
| 1 | 50,000 | 2,000 | 1,400 |
| 2 | 52,000 | 2,080 | 1,456 |
| 3 | 54,080 | 2,163 | 1,514 |
| 4 | 56,243 | 2,250 | 1,575 |
| 5 | 58,493 | 2,340 | 1,638 |
| 6 | 60,833 | 2,433 | 1,703 |
| 7 | 63,266 | 2,531 | 1,771 |
| 8 | 65,797 | 2,632 | 1,842 |
| 9 | 68,428 | 2,737 | 1,916 |
| 10 | 71,166 | 2,847 | 1,993 |
| 11 | 74,012 | 2,960 | 2,072 |
| 12 | 76,973 | 3,079 | 2,155 |
| 13 | 80,052 | 3,202 | 2,241 |
| 14 | 83,254 | 3,330 | 2,331 |
| 15 | 86,584 | 3,463 | 2,424 |
| 16 | 90,047 | 3,602 | 2,521 |
| 17 | 93,649 | 3,746 | 2,622 |
| 18 | 97,395 | 3,896 | 2,727 |
| 19 | 101,291 | 4,052 | 2,836 |
| 20 | 105,342 | 4,214 | 2,950 |
| TOTAL | $59,556 | $41,689 |
Judith
May 12, 2023 |
I can’t get a real live person ever! Don’t use them !
Karen Bradley
February 13, 2023 |
My card is frozen. I have never missed a payment. Customer service requires extensive ID which I have submitted, they can't find the auth code and I can't resubmit because it's in process. No one can tell me why my card is frozen!!
JoJa
October 20, 2022 |
I have been banking with Synchrony for 7 years and am still amazed at how little they know about Banking 101! The eternal hold button works though! Will send letters looking for paperwork that was submitted at account opening stating we've tried to contact you????? No one tries anything at this bank.
Review on the Parent BankJohnson, T
September 20, 2022 |
This whole bit about delaying the transaction 3-4 days is really unacceptable. Should be illegal. It takes 2 seconds to run an ACH transfer. I've had accounts with Barclays, CIT, Marcus and all of the rest and the money is there the next day. I will wait my three days for my money from Synchrony, but once it is all out I am done.
Review on the Parent BankA KIng
April 13, 2022 |
Couldn't disagree more, Synchrony customer service has done a fine job for me , I have no complaints.
Review on the Parent BankDj Aron
July 14, 2021 |
Just the worst customer service imaginable. Choose any other bank from this list and you will be happier.
Review on the Parent Bank