CD Rates from Synchrony Bank

Q

How Synchrony Bank offers its CD products on synchrony.com?

✍: FYIcenter.com

A

Synchrony Bank lists its CD products on its Website at https://www.synchrony.com/banking/products/ratesandterms.

On this list, each CD product is listed with both APY and APR (called Interest Rate). The APY is calculated by assuming that the interest is compounded daily for a 365-day year.

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