Synchrony Bank:
Online Savings Account - 1.65% APY

• Account may be set up for personal trusts.
• Synchrony Bank High Yield Savings or Money Market accounts don’t require a minimum balance or incur service fees. However, if the account is left with a $0 balance for greater than 60 days, it may be subject to closure.
• Interest is compounded daily and credited monthly on the statement date.


Fee and Feature Guide

Savings Account
Interest Rate
APY 1.65%
Minimum deposit amount $1.00
Maximum deposit amount N/A
Balance Requirements
Minimum Opening Deposit $0.00
Minimum Balance to Avoid Fees $0.00
Minimum Required Balance $0.00
Fees
Monthly Maintenance Fee N/A
Foreign ATM Fees N/A
Insufficient Funds Fee $25.00
Incoming Wires $15.00
Statements
Paper Statements ×
Online Statements Yes
Online and Telephone Banking
Online Banking Yes
Telephone Banking Yes
Mobile Banking Yes
Deposit Checks with Mobile Device Yes
Free Bill Pay Yes
Online Bill Payments Required Yes
Account Opening
Open Online Yes
Insured by F.D.I.C.

Customer Reviews for Synchrony Bank (75)


  • June 13, 2022 |

    Online Savings Rates

    3 days for an ach is not market when most banks on this list do it instantly. even frigging rising bank. customer service is beyond dreadful.

  • April 17, 2022 |

    Impossible to deal with customer service. Impossible to change phone number, email, etc. Worst of all - they send letter of renewal AFTER expiration of new terms, and it's impossible to withdraw money. They advertise 24/7hours of service; in fact, they work five short days per week. The only plus - they usually have competitive rates.

  • January 23, 2021 |

    Online Savings Rates

    In terms of service, you cannot do anything online. On every other bank, you can message someone online and get a quick response. You need to call Synchrony and speak with someone in the Philippines. Nice folks, but I don't want them handling my banking info! To boot, you cannot turn off paper statements. Even the people in the Philippines cannot do that for you. Pick any other bank from this list and you'll be better off!

  • January 23, 2021 |

    Online Savings Rates

    Synchrony is the only thing left over from the old GE. Here in Stamford, CT, you will see their building on Long Ridge Road where GE used to be. It is like a shit stain, except Synchrony today never would have made GE proud.

  • October 3, 2020 |

    Online Savings Rates

    I cannot overstate how incompetent Synchrony is. Even though I called multiple times before my CD was coming due to indicate that I didn't want it to autorenew, they autorenewed it. This could only have been changed by phone. It cannot be done online or by email. I was assured multiple times that it had been done, and now I am stuck with $250000 in a one year CD at 0.50%. This is a crime and an outrage.

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