Available for residents nationwide, Synchrony Bank High Yield Savings is offering 0.50% APY when you open an account.
Continue reading below to learn everything you need to know about Synchrony Bank.
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Synchrony Bank High Yield Savings Review
Synchrony Bank has no physical locations, so you are able to save more money while still being offered some of the best rates available in the nation. This bank understands that sometimes, banking and keeping up with your payments can be quite a hassle.
In addition to the rate from Synchrony Bank, check out our list of best rates Savings, Money Market, and CD accounts.
If you are interested in expanding your financial future, definitely use our bank bonuses page to find other offers. Some popular bank offers include Chase Bank, Discover Bank, TD Bank, Huntington Bank, HSBC Bank and many more.
I’ll review Synchrony Bank High Yield Savings below.
Synchrony Bank High Yields Savings Rate
You could start your new account with no minimum balance as well as no monthly fees! Earn this rate on all balances.
- What you’ll get: 0.50% APY
- Eligible account: High Yields Savings
- Credit inquiry: Soft Pull
- Where it’s available: Nationwide
- Opening Deposit: None
- Monthly fee: None
- Early Termination Fee: None listed, check with CSR
Savings account offers are frequently updated. Find the best nationwide Savings/Money Market rates here, and the best Savings account bonuses here. The UFB High Yield Savings and CIT Bank Savings Builder accounts offer great rates available nationwide. The Aspiration account has a nice sign-up bonus plus great rate.
|Aspiration||1.00% APY + $100 Cash||Review|
|Axos Bank High-Yield Savings||Up to 0.61% APY||Review|
|Quontic Bank High Yield Savings||0.55% APY||Review|
|CIT Bank Money Market||0.45% APY||Review|
|American Express High Yield Savings||0.40% APY||Review|
|CIT Bank Savings Builder||0.40% APY||Review|
|Discover Bank Online Savings||0.40% APY||Review|
How to Earn Synchrony Bank Rate
- Open a High Yield Savings Account with Synchrony Bank
- You will need:
- A valid US residence
- Social Security number (or Tax Identification Number)
- US Driver’s License, state-issued ID, or Military ID
- You will automatically earn 0.50% APY after account opening
|Balance Requirement||APY Rate|
|Any balance amount||0.50% APY|
Synchrony Bank Account Features
- Award-winning rates — that go beyond the national average
- Easy withdrawals online, over the phone or with an ATM card
- No minimum balance requirement or monthly service fee
- Peace of mind through FDIC insurance up to $250,000 per depositor, per insured bank, for each ownership category
With the 0.50% APY, you can bank and save with ease knowing that you are not only getting one of the best deals available, but you will also get the satisfaction of knowing the firm is FDIC insured. This is a great option if you’re looking for a quick place to stash your emergency funds and with a competitive return on your high-yield savings, it’s hard to beat!
Let us know about your experience with this bank and comment below.
Check back often to see the latest info on Synchrony Bank High Yields Savings.
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