WebApr 11, 2024 · Synchrony is an online bank with a high-yield savings account, money market account, and CDs. Its 14-month CD term notably pays 5.15% APY, and its 18-month term pays 5.00% APY. WebJun 2, 2024 · Synchrony Bank was founded in 2003 but operated as a subsidiary of GE Capital. It's now a retail bank with billions of dollars of deposits. The bank IPOed in 2014 on the NYSE with the ticker SYF. Like many online banks, Synchrony Bank offers the full menu of deposit products – money market (similar to checking), savings, high yield savings, …
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WebJan 12, 2024 · Synchrony Bank Overview What exists today as Synchrony Bank began in 1932 as General Electric Contracts Corporation to help customers finance appliances. Over the years, the company launched a variety of programs and products, such as store-branded cards for companies like Lowe's and Chevron. In 2015, Synchrony Financial completely … WebThe current interest rate displayed is for a deposit $100,000+ for a 12 month period Note that Synchrony Bank deposit accounts have moved over from MetLife Bank. The rate of … rehoboth well
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WebMar 7, 2024 · Synchrony pays high interest rates on CD terms ranging from 3 months to 5 years, ... Synchrony pays high rates on CDs. Most banks typically require at least $1,000 for an initial deposit, ... WebApr 3, 2024 · Synchrony Bank is a Member FDIC. Annual Percentage Yield (APY) For 3-month CD: 2.25% APY; higher APYs may be available for longer terms, click Learn More … WebMar 31, 2024 · 1-year: 4.50% APY. 3-year: 4.30% APY. 5-year: 4.30% APY. 24-month bump-up: 3.70% APY. 11-month no-penalty: 3.90% APY. NerdWallet rating. Read review. Synchrony Bank has among the highest rates for ... pro clean patio cleaner stockists uk