Interest is compounded daily and credited to the CD monthly. Early withdrawal penalty is equal to 80 days of interest.Can withdraw interest at any time without penalty.Account holders can withdraw earned interest at any time during the CD term or let it continue to accrue in the account. You’ll earn high-yield interest on all of Synchrony’s CDs regardless of how much money you’re able to set aside. We chose Synchrony’s four-year CD because it offers one of the best rates on the market, and there’s no minimum deposit requirement. Synchrony Bank Certificates of Deposit Highlights: