Savings Account Features Guide
| Interest Rate | |
| APY | 4.10% |
| Minimum deposit amount | $0.00 |
| Maximum deposit amount | N/A |
| Balance Requirements | |
| Minimum Opening Deposit | - |
| Minimum Balance to Avoid Fees | - |
| Minimum Required Balance | - |
| Fees | |
| Monthly Maintenance Fee | N/A |
| Foreign ATM Fees | N/A |
| Insufficient Funds Fee | $25.00 |
| Incoming Wires | $15.00 |
| Account Opening | |
| Open Online | Yes |
| Insured by | F.D.I.C. |
| 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 Description
• 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.
Rate History
| Date | APY |
|---|---|
| December 7, 2024 | 4.10% |
| October 3, 2024 | 4.30% |
| September 18, 2024 | 4.50% |
| August 27, 2024 | 4.65% |
| August 20, 2023 | 4.50% |
Customer Reviews for Synchrony Bank (2)
Rated 3.00 stars out of 5 - based on 2 reviews
Judith
May 12, 2023 |
I can’t get a real live person ever! Don’t use them !
Karen Bradley
February 13, 2023 |
My card is frozen. I have never missed a payment. Customer service requires extensive ID which I have submitted, they can't find the auth code and I can't resubmit because it's in process. No one can tell me why my card is frozen!!