at Synchrony Bank,

Member, FDIC

Pros

2.25% APY on savings, about the best you'll find
Reimburses $5 per month for out-of-network ATMs

Cons

No checking account
No branches

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Overall

4.0

Synchrony doesn’t fit the banking mold — it doesn’t have branches or offer a checking account. Still, it’s worth considering if you want great interest rates on savings products and prefer banking online.

 

Maybe a separation from your checking account is just what your rainy-day fund needs to prosper.

 

Ratings methodology | Updated March 18, 2019

Savings

5.0

Synchrony's high-yield savings account comes with low fees and one of the highest rates on the market, at 2.25% APY. No minimum balance is required to open an account or qualify for the interest rate. Synchrony doesn't charge fees for using ATMs that accept its bank card — those with Plus or Accel logos. But ATM owners might charge a fee. For those charges, Synchrony bank offers a monthly $5 refund.

 

Want to see more options? Check out cheatgame.info’s best high-yield online savings accounts

High Yield Savings Account
APY
2.25%
Min. balance for APY
$1

at Synchrony Bank,

Member, FDIC

Certificate of Deposit
APY
3.10%
Min. balance for APY
$2,000
Length of term
5 years

at Synchrony Bank,

Member, FDIC

Certificate of Deposit
APY
2.80%
Min. balance for APY
$2,000
Length of term
1 year

at Synchrony Bank,

Member, FDIC

cheatgame.info reviews are the result of independent research by our editorial team while accountholder reviews are contributions from independent users not affiliated with cheatgame.info. Banks, issuers and credit card companies are not responsible for any content posted on the cheatgame.info site, nor do they endorse or guarantee any posted comments or reviews.
Overall
Customer service
Poor
Website / app
Poor
Rates
Poor
Fees
High
Horrible
This bank is terrible, they took $100 deposit from my checking and haven't returned it yet. I closed my account and it's been over 2 months and I haven't received my funds yet. This is just $100 just think it was more or I was counting on this money? Customers keep tell me lies and said that it was returned but before then they said they didn't take it. 14 days turnaround and I still haven't gotten my money.
Overall
Customer service
Poor
Website / app
Poor
Rates
Fair
Fees
Fair
Don't deal with this bank
This bank had call centers in the US and were very good 24/7 Now they are using 3rd world countries with thick accents and have made mistakes on my accounts. If I could get my money back without penalties I would Take Out Every penny. This was a great service that went to Crap. Thanks to the corp. B holes
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