Last updated on 2024-10-16
Convenient online banking
Decent yields for savings account
Optional ATM card even though its a savings account
Up to $5 refund per statement cycle for domestic ATM fees
No minimum balance or service fees
No physical branches
No waiver for foreign ATM fees
Interest Rate | |
---|---|
$0 & Above | 4.30% APY |
Receive 4.30% APY on your Synchrony Bank online high yield savings account
Interest compounded daily and credited monthly
No minimum initial deposit
No minimum balance or service fees
24/7 digital banking
Easy online account management
Access your cash online, by phone or via an optional ATM card
Refund up to $5 per statement cycle for domestic ATM fees charged by other financial institutions
6 withdrawals or transfers (including electronic transfers, checks, and wire transfers) during the statement cycle, with unlimited transactions at an ATM. No excess transactions fee but if you exceed the 6 transactions limit regularly, Synchrony Bank may have to close your account
Click here to go to Synchrony Bank website for more details
Synchrony Bank is part of Synchrony, a Fortune 500 company with more than 80 years in consumer finance and the largest provider of private label credit cards in the United States. There are no physical branches as it is mainly an online bank. Online banking is available via app or website for all customers.
Synchrony Bank can be contacted via live chat on website, mail or phone. Sallie Mae can be contacted via phone on 1-866-226-5638 weekdays from 8am to 8pm ET and weekends from 8am to 5pm ET
Synchrony Bank is a member of FDIC which covers the deposits of a depositor to up to US$250,000