As of July 28, 2026, Synchrony Bank is offering the highest Certificate of Deposit (CD) rate at 4.15% APY for its 14-month CD. Despite a general decline in deposit account rates, CD rates remain high by historical standards, even with the U.S. Federal Reserve leaving interest rates unchanged so far this year. The market currently shows a flattening or inversion of the yield curve, with shorter-term CDs sometimes offering higher average rates than longer-term ones.