With Synchrony Bank, there are some great benefits for you to use. They offer a 2.25% APY interest rate with no minimum balance to open their High Yield Savings Account.
They offer high interest rates and maximum value to consumers, providing a secure platform to access and manage their accounts. Once you have created your account, you can easily make deposits by transferring funds electronically, direct deposit, mailing, or by setting up wire transfers or automated deposits.
This is a great bank for those starting out or just want a new change so make sure to check out this bank! In addition to the current rate from Synchrony Bank, you can also take advantage of a range of great promotions from banks such as our bank bonuses from HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, BBVA Compass Bank or CIT Bank.
![]() • Open a Synchrony Bank High Yield Savings Account • Earn 2.00% APY on your funds on all balances • Available online nationwide • No minimum balance requirement or monthly service fee • Your deposit accounts are insured up to $250,000 per ownership category |
Synchrony Savings Bank Account
- Direct Link to Offer
- Rate: 2.25%
- Account Type: High Yields Savings Account
- Availability: Nationwide
- Expiration Date: None
- Credit Inquiry: Soft Pull
- Opening Deposit: Any
- Credit Card Funding: Unknown
- Direct Deposit Requirement: None
- Monthly Fee: None
- Additional Requirements: You will be issued an ATM card upon opening so if you use an ATM that does not have the Plus, NYCE, or STAR logo, you may be charged a fee. Domest wire transfer fee is $25.
- Closing Account Fee: none
High Yield Savings Rates & Terms
Deposit Amount | APY %* |
Up to $4,999 | 2.25% |
$5,000 – $24,999 | 2.25% |
$25,000 + | 2.25% |
Bottom Line
Overall if you have a savings account and is looking for a new one, then Synchrony Bank is a good option for you. With no minimum requirements to deposit, you can earn up to 2.25% APY on daily bonuses. As time progresses, you’ll be able to earn more APY as you build it up! If you’re looking for more options, take a look at our complete table of the best bank rates from our exclusive list nationwide!
See our favorite Bank Rates to earn high interest!
- American Express® Personal Savings High-Yield Savings Account Review
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- HSBC Direct Savings Account Review
- CIT Bank Money Market Account Review
- Barclays Online Savings Review
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