Website: https://www.synchronybank.com

Authority: Synchrony Bank is a US federally chartered bank that offers retail savings & cd products on the Internet. It was renamed from GE Capital Retail Bank that had been acquired from MetLife Bank. Deposits are FDIC insured.

How to open a Synchrony 2  Year Certificate of Deposit:

You may apply directly online at the website: https://www.synchronybank.com

Call them at 1-866-BankMet       ( 1-866-226-5638 )

You may also apply by downloading an application which you can print and then return by mail to the appropriate address indicated at their website.

Information on Synchrony Bank 2 Year CD Rates:

When deciding the interest rates for their CD rates, Synchrony Bank like other US banks and credit are dependent on monetary policy decisions which are provided by the Federal Reserve or 'The Fed' . 2 Year terms are considered to be a medium or intermediate term investments and when Synchrony sets its 2 year CD rates, it may be influenced by future monetary policy decisions by the Federal Reserve which anticipate future inflation and economic growth in their policy forecasts. In conjunction with monetary policy each banks capital requirements and profit margins highly influence whether consumer interests rates for CDs decrease, increase or be unchanged.

The current interest rate displayed is for deposit amounts of over $100,000.

MetLife Bank deposit accounts have moved to GE Capital Retail Bank (Now Synchrony Bank).