Synchrony Bank is currently offering residents nationwide a 2.00% APY Rate when you open a new High Yield Savings Account.
For those who are not familiar with the current promotion through Synchrony Bank, they are currently offering a rather attractive APY rate no matter how much money you decide to deposit. Once you have signed up for a new account, you will gain instant access to great features such as no monthly service fee as well as easy account access online!
If you’re interested, simply have your necessary documents in hand at the time of account opening and you can began to see what all the buzz is about! In addition, you can check out other great promotions from banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Compass Bank or CIT Bank.
Synchrony Bank High Yield Savings Summary
Synchrony Bank Savings Account Info
- Direct Link to Offer
- Availability: Nationwide
- Expiration Date: None
- Soft/Hard Pull: Soft Pull
- Credit Card Funding: Unknown
- Additional Requirements: See below
- Monthly Fee: None
- Early Termination Fee: None listed
How To Earn Rate
- To open a new High Yield Savings account, you will need the following:
- A valid US residence
- Social Security number (or Tax Identification Number)
- US Driver’s License, state-issued ID, or Military ID
- Select your product
- Select which account(s) you would like to sign up and apply for. Once you do so, choose whether your new account will be an individual or joint account.
- Enter your opening deposit amount
- Once you have entered your amount, simply select whether you would like to link an ATM card
- Provide the primary owner information
- Enter your name, date of birth, SSN, and email address
- Provide proof of residency
- Open your new account and comply to the terms of agreements
How To Waive Monthly Fees
- High Yield Savings: No monthly service fee.
- If you go over the six withdrawals/transfers in a statement cycle limit, there is no fee. However, if this happens on more than an occasional basis, the bank reserves the right to close the account for misuse.
Conclusion
To sum it up, the current APY rate offered through Synchrony Bank, allows you create a new High Yield Savings Account without any minimum balance requirements! It doesn’t matter if you choose to deposit $25 or $25,000, you will still earn the same rate.
With a wide variety of CD lengths to choose from, as well as providing you the choice of interest compounded monthly, quarterly or yearly, you can definitely find an account to fit all your banking needs! For those that are interested, be sure to head on over to the site and start your new account experience!
For other bank promotions, check out our lists of Best Bank Rates and Best Bank Bonuses for all your banking needs!
