Based in Columbus, Georgia, Synovus Bank has a grand selection of account options from checking, savings to money markets. To find out if Synovus Bank is right for you, continue reading the review below.
Synovus has about 255 locations, and offers a fair amount of both checking and savings accounts. They also have decently waiveable monthly fees if you meet their requirements.
They are consistent with their account options and even have a military checking account that most banks don’t normally offer.
Table of Contents
- 1 Checking Account Options
- 2 Compare Checking Accounts
- 3 Savings Account Options
- 4 Compare Savings Accounts
- 5 Money Market Account Options
- 6 Compare Money Market Accounts
- 7 Reasons to Bank with Synovus Bank
- 8 Reasons Not to Bank with Synovus Bank
- 9 Synovus Bank Routing Number
- 10 Contact Customer Service
- 11 How Synovus Bank Compares
- 12 Bottom Line
Checking Account Options
Synovus Bank offers a fair selection of checking accounts that comes with exclusive benefits.
All checking accounts come with a free Synovus Bank Debit Card, unlimited and free access to all Synovus ATMs and Publix® Presto!® ATMs, and digital banking.
All checking accounts also require $100 as a minimum opening deposit.
This is Synovus Bank’s basic checking account. The best thing about this account is that there are no monthly service fees to worry about no matter what your account balance is.
This checking account earns tiered interest rates and comes with a plethora of benefits.
There is a $25 monthly fee, but you can waive it by taking any of the following measures:
- Keep a daily balance of $5,000 for the statement cycle OR
- Keep a daily balance of $15,000 in combined interest-bearing checking accounts, money markets or savings
The Preferred Account comes with Exclusive Benefits:
- If your monthly service fee isn’t waived and you have followed the requirements, you can receive a $2 convenience credit when you register for My Synovus Digital Banking.
- Receive a bonus interest rate if your combined balances reach $15,000 or more
- You are entitled to a refund up to 4 transactions for withdrawals at a non-Synovus ATM
- Have monthly fees waived on two additional accounts when you link them to your Preferred checking account.
- You will receive a Visa® Platinum Debit Card with great Visa® benefits including concierge service, lost luggage insurance, price protection, Warranty Manager and Purchase Security.
- Enjoy Visa ® Zero Liability to protect your debit card from fraud
- Get 50% off designer checks
- You also can write unlimited checks
This checking account is for those who are 55 and older, and are looking to invest their money in their families.
There is a $10 monthly fee, but you can waive it by maintaining a daily balance of $1,000, or have $500 in direct deposits.
Like the Preferred Account, Gold Checking also comes with Exclusive Benefits:
- If your monthly service fee isn’t waived and you have followed the requirements, you can receive a $2 convenience credit when you register for My Synovus Digital Banking.
- Get your first box of standard wallet-style checks for free
- You can write unlimited checks
- Free notary services
- Enjoy Visa ® Zero Liability to protect your debit card from fraud
This is a checking account specifically designed for veterans.
The different with this account compared to the other ones is that you can get the monthly fee waived with a monthly direct deposit of $1 or more from your Defense Finance and Accounting Services (DFAS) paycheck.
This military interest bearing account already comes with all the benefits that other two standard accounts have.
Compare Checking Accounts
 • New Chase checking customers enjoy a $225 bonus when you open a new Chase Total Checking® account and set up direct deposit • Access to 16,000 Chase ATMs and more than 4,700 branches • Chase Mobile® app - Manage your accounts, deposit checks, transfer money and more -- all from your device. • Open your account online now • Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com. |
 • Get a $450 Welcome Deposit for eligible new customers who open a new HSBC Premier checking account and complete the following qualifying activities. • Open your new HSBC Premier checking account online by January 5, 2022; and • Make recurring monthly Qualifying Direct Deposits totaling at least $5,000 from a third party to your HSBC Premier checking account(s) for 3 consecutive calendar months from the second full calendar month after account opening. • You will automatically receive the $450 Welcome Deposit in your new HSBC Premier checking account approximately eight weeks after completing all qualifying activities. It's that simple. Deposit products are offered in the U.S. by HSBC Bank USA, N.A. Member FDIC. |
 Open your Huntington 25 Checking account today and enjoy: • $300 bonus by making cumulative new money deposits of at least $25,000 within 60 days of account opening. $500 will be deposited in your new account within 14 days of meeting requirements. • 24-Hour Grace Overdraft Fee Relief. It is designed to give you more time to make a deposit in order to avoid an Overdraft Fee. • Earn Interest on Balances. 0.05% Annual Percentage Yield applies to all balance tiers. • Free ATM Withdrawals. They’ll waive all non-Huntington ATM cash withdrawal fees at any ATM and reimburse you for some withdrawal fees charged by another ATM owner. • Waived Monthly Maintenance Fee • Credit score and identity monitoring at no added cost |
Savings Account Options
Synovus Bank offers some savings accounts with unique benefits.
All savings accounts have no minimum balance requirements to earn interest and have access to digital banking.
This is Synovus’s Bank basic savings account. You will need $100 to open it.
This savings accounts comes with Exclusive Benefits:
- You can make up to 2 no-fee withdrawals per month
- You can receive statements quarterly or monthly when combined with checking
- Set up transfers from other Synovus accounts
- Enjoy free access to all Synovus and Publix® Presto!® ATMs
- Choose printed or paperless statements when you sign up for My Synovus Digital Banking
Synovus offers a minor checking account that parents or guardians can take control of when it comes to managing money.
This account requires no minimum deposit to open, and there are also no monthly fees to maintain.
Children can deposit either birthday money or other small amounts into this savings account and visit it again whenever they want.
They can also receive automatic transfer from their parents’ Synovus accounts.
With this savings account, you can set aside year round funds in a separate account to spend on special gifts such as graduation or weddings.
This account earns interest, and after one year of having the savings account, Synovus bank will send you a check.
You can make 1 no-fee withdrawal each year and receive automatic transfers from your other Synovus accounts.
Compare Savings Accounts
 With the American Express® High Yield Savings Account: • Earn 0.40% APY on your deposits. Your High Yield Savings account earns interest daily and is posted to your account monthly. • Links easily with your current bank accounts. No need to switch banks. • FDIC Insured. Your account is insured to at least $250,000 per depositor. • No monthly fees, no minimum balance. • 24/7 Account Access |
 With the CIT Bank Savings Builders account: • Earn a top tier, competitive APY on your money—one of the top savings rates in the nation. Earn 0.40% APY on your funds - grow your savings faster. • Build a habit of savings. Pay yourself first. Start with $100 per month and build your habit of savings-—all while getting a top rate. • FDIC Insured |
 Open a Discover Online Savings Account for all these features: • Bonus offer applies for your first Discover Online Savings Account • Earn $200/$150 Bonus with promo code HMB21 by 12/15/2021 • Fund your first savings account with at least of $25K within 30 days of account open date to earn the $200 Bonus • Fund your first savings account with at least of $15K within 30 days of account open date to earn the $150 Bonus • Earn high interest rate of 0.40% APY • No minimum opening deposit, no minimum balance requirement, and now no fees • Interest on Discover Online Savings Accounts is compounded daily and credited monthly • Manage your account online or with the Discover mobile app • FDIC insurance up to $250,000 See advertiser website for full details |
 • Earn up to 0.61% APY with interest compounded daily and no monthly fees with the Axos Bank High Yield Savings account • No minimum balance requirements • Free ATM card upon request • $250 minimum opening deposit • Free Incoming Wires |
Money Market Account Options
Synovus Bank has two money market accounts that both earn decent interest rates.
This account earns tiered interest rates and you will need $1,000 as a minimum opening deposit.
There is a $10 monthly fee, but you can waive it by having a minimum daily balance of at least $2,500 for the statement cycle.
This account earns much higher interest and you need a minimum deposit of $10,000 to open it.
There is a $15 monthly fee, but you can waive it by having a minimum daily balance of at least $20,000 for the statement cycle.
Compare Money Market Accounts
• Earn 0.25% APY with the Axos Bank High Yield Money Market • FDIC Insured • Check writing privileges • No monthly maintenance fees • No minimum balance requirements • Debit card transactions • Minimum Balance Required to Open the Account: $ 1000.00 |
 • Get started and open a Discover Money Market Account in 3 easy steps. • Available nationwide online • Earn high yields with flexible access to your cash. • Earn 0.35% APY balances $100,000 and over • Earn 0.30% APY balances under $100,000 • Open with as little as $2,500. • No hidden fees. No surprises. • Easy cash access via debit or check, or via ATM at over 60,000 no-fee ATMs |
With the CIT Bank Money Market Account, you can earn a competitive interest rate and access your money easily. • Earn 0.45% APY on your funds • One of the nation's top rates — several times the national average. • Get up to 6 digital transfers/withdrawals per statement cycle • Save smart and get more for your money • Higher rates than traditional banks • Get 24/7 Account Access • Secure banking features • Open with as little as $100 • FDIC insured |
Reasons to Bank with Synovus Bank
- They offer a free checking account with no monthly fees.
- They have a holiday savings account that lets you specifically deposit money towards special occasions.
- All Synovus checking accounts comes with a Synovus Debit Card.
- They have a senior citizen checking account and a minor savings account that allows either those going into retirement or into the new banking world, to learn how to set aside finances properly.
- They have a military checking account that benefits veterans.
- If you registered for My Digital Banking and don’t get your monthly service fees even when after meeting the requirements, Synovus Bank will reward you with a $2 convenience credit on their part.
- You can bank online easily through Synovus’s site and mobile app.
- My Synovus Digital Banking provides financial tools to asses you with all your banking needs.
Reasons Not to Bank with Synovus Bank
- Synovus Bank only has locations in 4 states: Alabama, Florida, Georgia, South Carolina and Tennessee. Those who prefer doing their banking in person and don’t live in these states may find it an inconvenience.
- Their checking and savings accounts don’t earn the highest interest rates.
Synovus Bank Routing Number
The routing number for Synovus Bank is 061100606.
Contact Customer Service
You can reach Synovus Bank at 1 (888)-796-6887.
A customer service representative will be available to talk to you at 7:00 AM – 11:00 PM (EST)
How Synovus Bank Compares
- Chase Bank: Chase is one of the biggest banks in the U.S and offers just about almost everything. Compared to its other competitors, Chase offers much more checking account options.
- BankUnited: BankUnited is a bank that is available in Florida too and offers a fair selection of checking and saving accounts. They are, however, smaller and more local.
- Fifth Third Bank: Fifth Third Bank has various account options and provide tools to their customers to become more financially responsible. They offer a Military Banking option as well, but Fifth Third isn’t only for veterans. In addition to that, they have Relationship Savings accounts for those who prefer to keep their checking in one place.
Bottom Line
If you want to find a semi-small and local bank to conduct your banking without too much hassle or complexity, then Synovus Bank might suit your liking.
From basic to minor to the elderly, Synovus Bank has a checking and savings account for pretty much anyone, and even a separate holiday savings account for those who prefer to keep their special occasion or non personal expenses into another account.
However, keep in mind that when you look for a checking or savings account be sure to look into all the fees charged. Don’t focus on the interest rate alone, but on what the account will cost you overall.
If Synovus Bank has the variety and options you’re looking for, apply today! For more options from a variety of banks, see our list of the best bank promotions!
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