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Synchrony High Yield CD review
Best for: Rate chasers who want the highest 1-year CD yield in this set.
Synchrony's 1-year CD pays 4.10% — the highest 1-year rate in our comparison — with no minimum balance and daily compounding.
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with these banks and earns no commission if you open an account — the links below go directly
to each provider's own site. See our full disclosure.
APY
4.10%
Minimum to open
$0
Minimum to earn APY
$0
Monthly fee
$0
FDIC insured
Yes
CD terms: 12-month term at 4.10% APY. No minimum balance. Interest compounds daily and can be withdrawn anytime without penalty — only early principal withdrawals trigger the penalty.
Rate note: 12-month term.
Standout features
- 4.10% — the highest 1-year APY in this set.
- $0 minimum; interest compounds daily.
- You can withdraw earned interest anytime without penalty.
Honest drawbacks
- 90 days' simple interest penalty on early principal withdrawal.
- No physical branches.
- Lesser-known brand than the bank giants here.
Open an account at Synchrony Bank →
Link goes directly to Synchrony Bank's own site. Rates verified September 2026. Banks change APYs without notice — confirm the current rate on the provider's site before opening an account.
Sources
- Synchrony Bank banking (official) (checked Sep 2026)
- NerdWallet: Synchrony CD rates (Sep 2026) (checked Sep 2026)
- Motley Fool: Synchrony CD rates & penalties (checked Sep 2026)