Rate note (updated October 15, 2026): The Motley Fool listed Synchrony’s High Yield Savings at 3.30% APY, as of the date in the Sources box. Synchrony’s CD page loads its APYs dynamically, so we could not read CD rates, and this site lists none. Confirm the current rate directly at synchronybank.com before relying on any figure.
Synchrony Bank’s High Yield Savings paid 3.30% APY in late September 2026, with no monthly fee, no minimum balance, and no direct deposit requirement. Unlike most savings-only online banks, Synchrony provides an optional ATM card for fee-free Allpoint network access, making it practical for people who occasionally need cash without switching to a full checking account.
Synchrony is a federally chartered savings bank (FDIC insured) and one of the largest consumer savings institutions in the US. It does not offer checking accounts — it is purpose-built for savings and CDs.
Synchrony Bank at a Glance
| Feature | Details |
|---|---|
| HYSA APY | 3.30% |
| Monthly fee | $0 |
| Minimum balance | $0 |
| ATM card | Optional — Allpoint network (55,000+ ATMs) |
| Daily ATM limit | $1,000 |
| CD terms | Featured terms include 13, 16 and 60 months, plus 12, 18 and 24 months (per its CD page) |
| CD minimum | None |
| No-penalty CD | Mentioned in its CD FAQ |
| Checking account | ❌ Not available |
| Customer service | 1-866-226-5638 |
| Phone hours | Mon–Fri 8 AM–10 PM ET; Sat–Sun 8 AM–5 PM ET |
| FDIC insured | Yes — $250,000 per depositor |
Synchrony HYSA vs Competitors
| Institution | APY | ATM Access | Fee |
|---|---|---|---|
| Synchrony | 3.30% | ✅ Allpoint | $0 |
| Marcus (Goldman Sachs) | 3.50% | ❌ | $0 |
| Ally HYSA | 3.10% | ❌ (checking has ATM) | $0 |
| American Express HYSA | ~3.10% | ❌ | $0 |
Who Synchrony is best for: Savers who want a top HYSA rate with the occasional ability to withdraw cash via ATM without maintaining a separate checking account. The Allpoint network covers most major retailers and pharmacy chains, so access is rarely a problem.
Who should look elsewhere: Anyone who needs a full checking account, Zelle payments, or daily banking features should consider Ally (which bundles checking + savings) or Axos (which offers unlimited ATM reimbursement on checking).
All Synchrony Bank Guides
The content on Wealthvieu is for informational purposes only and should not be considered financial, tax, or investment advice. Consult a qualified professional before making financial decisions. Full disclaimer · Editorial policy