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★★★★★
Looking for a safe place to store your hard-earned cash? A high-yield savings account can help you meet your financial goals more quickly than a traditional account.
Here’s a savings account option offered by the online Synchrony Bank.
0.55%
APY
$0
Fee
$0
Minimum deposit to open
APY | 0.55% |
---|---|
Fee | $0 |
Minimum deposit to open | $0 |
Minimum balance to earn interest | $0 |
Interest compounding | Daily |
Monthly transaction limit | 6 |
Fee per transaction over the limit | $0 |
Go to site More Info |
To open a Synchrony online savings account, you must:
To open a Synchrony savings account, you’ll submit your:
We gathered a quick comparison of similar accounts to help you decide if Synchrony High Yield Savings is right for you. For more options, select “Compare accounts” to compare even more savings accounts.
Synchrony High Yield Savings
★★★★★
Go to site |
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Fee $0 |
APY 0.55% |
Minimum deposit to open $0 |
Minimum balance to earn interest $0 |
American Express® High Yield Savings
★★★★★
Go to site |
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Fee $0 |
APY 0.50% |
Minimum deposit to open $0 |
Minimum balance to earn interest $1 |
Aspiration Spend & Save Account
★★★★★
Go to site |
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Fee $0 per month or $15 per month for Aspiration Plus ($12.50 per month if you pay annually) |
APY
|
Minimum deposit to open $10 |
Minimum balance to earn interest $0 |
Compare even more savings accounts
All Synchrony Bank savings accounts are FDIC insured for up to $250,000 with easy access at an ATM, online or by phone. You can easily manage your balance and set up same-day payments, future payments or autopay online. And a flexible app helps you deposit checks from your mobile phone.
Unlike other products, the Synchrony High Yield Savings Account comes with a high savings rate and benefits that include:
Although Synchrony Bank is online only, it offers flexible ways to access your money.
If you need assistance, reach out by:
In addition to its high-yield savings account, Synchrony also offers:
The Synchrony High Yield Savings Account offers a competitive 0.55% APY, no fees and access to ATM withdrawals. Plus, you get access to perks like ATM fee reimbursement and FDIC deposit insurance.
But transfers are limited, and you won’t get the extensive in-person support of traditional banks.
Before committing your money to an account, compare savings accounts to find the best one you’re eligible for.
★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
We analyze top savings accounts and rate them one to five stars based on factors that are most important to you. These factors include: interest rates, monthly fees, minimum deposits, customer service and account features.