If you’re looking for a new savings account available nationwide, Synchrony Bank High Yield Online Savings is offering a 3.75% APY on your funds, no minimum requirement and no monthly fees.
Below is all the information you need to open a Synchrony Bank High Yield Online Savings Account.
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About Synchrony Bank
Synchrony Bank (formerly GE Capital Retail Bank) offers a vast array of products and services to serve all your banking needs. Synchrony Bank has close to $38 billion in assets with depository products such as CDs, high yield savings accounts, money market accounts, and IRA CDs. Additionally, Synchrony is a member of the FDIC, and its accounts are FDIC insured.
Synchrony Bank High Yield Online Savings
Here is your opportunity to earn a high interest rate on your funds. Open a new account and start earning interest and get started today!
- Account Type: High Yield Online Savings
- Rate Offer: 3.75% APY Rate
- Availability: Nationwide
- Credit Inquiry: Soft Pull
- Credit Funding: Unknown
- Minimum Balance: None
- Maximum Balance: None
- Monthly Fee: None
- Early Termination Fee: None listed
Synchrony Bank ACH Capabilities & Limits
|ACH Type||Speed||Daily $ Limit||Monthly $ Limit||Notes|
Synchrony Bank offers an ACH bank-to-bank transfer service that allows customers to link up to five accounts at other banks.
Up to 6 free withdrawals or transfers per statement cycle.
|Balance Requirement||APY Rate|
|Any balance amount||3.75% APY|
Synchrony Bank Account Benefits
- Excellent APY Rate: Synchrony Bank’s high-yield savings account offers one of the best online savings account rates with their competitive rate for all balances. This high interest rate is compounded daily and beats out even the best-known online savings accounts out there!
- No Monthly Fee: No minimum balance or monthly service fee to worry about
- ATM Reimbursement: Not a lot, but the bank offers up to $5 in ATM fee reimbursements per statement cycle.
- Free Identity Theft Resolution Services: You do most of your banking over the internet with the Optimizer Plus High Yield Savings. At no cost to you, Synchrony Bank offers full protection against identity theft for your peace of mind.
- Easy Account Management: Operate mainly as an online bank, you get quick access to your cash online, over the phone, or with an optional ATM card. You can link your Synchrony account with outside accounts so that you can easily transfer money between these accounts.
Finally, this is a great opportunity to take advantage of the competitive rate with the Synchrony Bank High Yield Online Savings account. The fact that you can earn a high rate on any balance makes this Savings Account all worthwhile.
In addition to the current rate from Synchrony Bank, you can also take advantage of a range of great promotions from banks such as HSBC Bank, Chase Bank, Huntington Bank, Discover Bank, TD Bank, or CIT Bank.
If you happen to know whether this account incurs a hard/soft pull, please let us know. Let us know about your thoughts and experience with this account! Be sure to check back on BankDealGuy for more bank rates!