Rates checked November 1, 2026
Synchrony CD vs savings account
Synchrony's 5-year CD pays 4.75% APY, against 3.75% on its savings account. Over the term that is about $591 more on $10,000, in exchange for locking the money up.
Each CD term against savings
| Term | CD APY | Savings APY | CD earns extra |
|---|---|---|---|
| 3-month | 0.25% | 3.75% | -$86 |
| 6-month | 4.20% | 3.75% | $22 |
| 12-month | 4.30% | 3.75% | $55 |
| 18-month | 4.50% | 3.75% | $115 |
| 2-year | 4.60% | 3.75% | $177 |
| 3-year | 4.65% | 3.75% | $293 |
| 5-year | 4.75% | 3.75% | $591 |
Extra interest over the full term on $10,000, before taxes. The savings figure assumes today's rate stays the same the whole time; a savings rate can change, a CD rate cannot. It ignores early withdrawal penalties.
Questions
Should I use a Synchrony CD or its savings account?
The CD pays more. Its best term, 5-year, earns 4.75% against 3.75% in savings, about $591 more over the term on $10,000. The catch is that the money is locked up, and taking it out early costs a penalty.
What is Synchrony's savings rate compared with its CDs?
Synchrony's savings account pays 3.75% APY. Its CDs pay 0.25% to 4.75% depending on the term.
Can the savings rate change after I open the account?
Yes. A savings rate can go up or down at any time. A CD rate is fixed for the whole term. The savings figures on this page assume today's rate stays the same, so treat them as a snapshot, not a promise.
General information only. Rates change often; confirm the rate, minimum deposit and early withdrawal penalty with the bank before you open a CD. SwitchWize is not a bank and does not give financial advice.