Synchrony Bank

2019 Overview

General Online Bank Information

Deposits FDIC Insured Yes
Insured Bank Synchrony Bank
FDIC Certificate # 27314
Date Established 1988
Assets $90.2 billion
Loans $69.82 billion
Deposits $64.13 billion
Capital $11.58 billion
Money that you deposit is held by Synchrony Bank. Synchrony Bank is an FDIC insured institution founded in 1988. It has approximately $90.20 billion in assets.

For a more detailed analysis of Synchrony Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - February 16, 2019

Online Savings and Money Market Rates APY MIN MAX
Online CD Rates APY MIN MAX
12 Month CD
2.80% $2,000 - Learn MoreShow Less
18 Month CD
2.75% $2,000 - Learn MoreShow Less
2 Year CD
2.90% $2,000 - Learn MoreShow Less
36 Month CD
2.90% $2,000 - Learn MoreShow Less
48 Month CD
3.00% $2,000 - Learn MoreShow Less
60 Month CD
3.10% $2,000 - Learn MoreShow Less

Bank Offers

Synchrony Raises Savings Rate to 1.75%
Jun 6, 2018

Synchrony Bank has raised their online savings rate to 1.75%.

Synchrony Raises Its Online Savings Rate to 2.20%
Dec 26, 2018

Synchrony has raised its online savings rate to 2.20%.

Customer Reviews for Synchrony Bank (47)

  • Stocked Reviews

    February 02, 2019 |

    Online Savings Rates

    All of the old reviews here are positive and the recent ones are terrible. I should have followed the recent ones. I have closed the account now. It felt like test-driving a Caddy pre-owned by someone who had passed away.

  • Pedro Alarco

    January 11, 2019 |

    Online Savings Rates

    I am not sure who stocks this site with all of the positive Synchrony reviews. Their customer service is very friendly, but the website is not and the delays you will experience moving money in and out make it inferior to the other big names on the table.

  • Never again!

    December 23, 2018 |

    Online CDs 15 Month Rates

    I opened a 13 month CD with these guys. Made the mistake of going all in with $1/4 mil and needed to end the whole thing due to my wife's cancer recurring. They hit me with a full six month penalty on the whole thing so I ended up losing $2,500 on the entire transaction. Special thanks to Synchrony for their understanding. Never banking with them again.

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