Synchrony Bank offers competitive online CDs with no minimum deposit and bump-up options. RMO Bank CDs offer member-rate pricing with broader deposit ecosystem. Here’s how they compare.
Both offer competitive CDs with FDIC insurance. Membership and broader product lineup differ.
CD rates change with the rate environment. Verify current rates before opening.
RMO Bank CDs vs. Synchrony CDs on rate, products, and ecosystem.
| Feature | RMO Bank Certificates of Deposit | Synchrony Bank CDs |
|---|---|---|
| FDIC insurance | Yes | Yes |
| Standard CDs | Yes — multiple terms | Yes — 3 to 60 month |
| No-penalty CDs | Yes | Yes |
| Bump-up CDs | Yes | Yes |
| IRA CDs | Yes | Yes |
| Minimum deposit | $500 typical | $0 |
| Member-rate pricing | Yes | Standard public rate |
| Mobile app | MyRMO | Synchrony Bank |
| Retail center access | Yes | No |
| Cross-bundle with other products | Yes — via RMO | Synchrony Bank deposit-only |
Comparison details summarized for context. CD terms, rates, minimums, and penalties vary by bank and product.
Synchrony Bank is a strong online deposit-only bank with mature CD products. RMO Bank CDs add member pricing and full-relationship bundling.
3-month through 60-month CDs at posted member rates.
Open online and fund from any RMO Bank account or external ACH transfer.
Many members ladder across multiple terms for staggered maturity and rate diversification.
Yes — ACH funds transfer from any FDIC-insured bank to RMO Bank for CD opening. Plan timing with your existing CD maturity to avoid early-withdrawal penalty.
Standard RMO Bank CDs are not callable. Read product disclosures for any specific call provisions on specialty products.
You can choose to compound interest within the CD or transfer interest to another RMO Bank account on a monthly or quarterly schedule.
Standard RMO Bank CDs are fixed-rate. Market-linked or structured CDs are a different product category; talk to an RMO Investments advisor if interested.
Standard CDs don’t accept additional deposits during the term. To add, open a new CD at the current rate or wait until maturity to roll into a larger amount.
Guides, plans, and more RMO comparisons to help you decide with confidence.
FDIC-insured certificates of deposit at member rates. See current rates at /resources/rates.
