Available nationwide, the Synchrony Bank Money Market account is offering a 2.25% APY Rate with no minimum balance required.
Synchrony Bank Money Market Review
I’ll review the Money Market account below.
Synchrony Bank Money Market Rate
- What you’ll get: 2.25% APY
- Eligible account: Money Market
- Credit inquiry: Soft Pull or Hard Pull?
- Where it’s available: Nationwide
- Opening Deposit: Any
- Monthly fee: None listed
- Early Termination Fee: None listed, check with CSR
(FDIC Insured)
Editor’s Notes:
According to the bank’s representative, Synchrony now only allows $250,000 per day / $500,000 per month incoming deposits and $25,000 per day / $100,000 month out going external transfers.
How to Earn Rate
- Open a Synchrony Money Market account.
- Maintain any balance amount and earn the 2.25% APY rate.
| Balance Requirement | APY Rate |
| $0.01 | 2.25% APY |
Account Features
- Checks and withdrawals. Write checks and withdraw your money online, by phone or via ATM.
- FDIC-insured. They are a member of the FDIC and our accounts are FDIC insured.
- Bank anytime anywhere. Imagine a bank that never closes. Manage your accounts from virtually anywhere in our app.
Are My Deposits Safe?
Yes, Synchrony Bank is a member of the FDIC and their accounts are FDIC-insured.
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Conclusion
If you’re looking to open an interest bearing account, consider the Synchrony Bank Money Market account as it offers a competitive rate. Compare thei Money Market account rates to your current bank’s rates.
In addition to the rate, 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.
Let us know about your experience with this bank and comment below.
