One thing to consider in choosing a bank to open a CD with is how fast the money will be available upon CD redemption. When redeeming a CD with Barclays they moved the CD proceeds into my Barclays savings acct within minutes. When doing the same thing with Synchrony they said it could take up to 4 business days to move the CD into my Synchrony savings acct (an internal transaction). Counting the weekend that could take 6 days and they pay no interest for those days. That is an issue if the money is needed pretty quickly.