LIVE
30Y FIXED6.85%↑ 0.02·15Y FIXED6.12%↓ 0.01·REFI 30Y6.78%↑ 0.01·HELOC9.20%0.00·JUMBO 30Y7.05%↑ 0.03·HYSA TOP4.85%↓ 0.05·12M CD5.10%0.00·24M CD4.85%↓ 0.02·5Y CD4.40%↑ 0.01·MMA TOP4.65%0.00·AUTO 60M NEW7.10%↓ 0.02·AUTO 60M USED8.45%↑ 0.04·PERSONAL EXC.8.20%0.00·10Y TREASURY4.32%↑ 0.01·30Y FIXED6.85%↑ 0.02·15Y FIXED6.12%↓ 0.01·REFI 30Y6.78%↑ 0.01·HELOC9.20%0.00·JUMBO 30Y7.05%↑ 0.03·HYSA TOP4.85%↓ 0.05·12M CD5.10%0.00·24M CD4.85%↓ 0.02·5Y CD4.40%↑ 0.01·MMA TOP4.65%0.00·AUTO 60M NEW7.10%↓ 0.02·AUTO 60M USED8.45%↑ 0.04·PERSONAL EXC.8.20%0.00·10Y TREASURY4.32%↑ 0.01·
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Savings / Accounts
Savings account review

Synchrony High Yield Savings Review (2026)

Synchrony Bank earned 4.6 / 5 in our 2026 review. Best for: high apy with atm access. Here is the full breakdown.

By the Fintiex Rate Desk · Updated 2026-05-02
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TL;DR
APY
4.65%
Min to open
$0
Monthly fee
$0
FDIC
Insured
Mobile app
4.5 / 5
Min balance
None
Withdrawal limit
None enforced
Fintiex rating
4.6 / 5
Pros
  • +One of the highest APYs among major banks at 4.65%
  • +Optional ATM card for cash access
  • +ATM fee reimbursements up to $5/month
  • +No monthly fees or minimums
  • +Solid online and mobile experience
Cons
  • -No branch access
  • -ATM card is optional, not standard
  • -Customer service wait times can be longer than peers
Best for

Synchrony High Yield Savings is the right pick if you prioritize high apy with atm access. If that does not match what you need, compare against the other 7 picks on the savings accounts hub.

Rate history

Today
4.65%
30 days ago
4.65%
90 days ago
4.60%
1 year ago
4.25%

Rate history is approximate and reflects the broader market trend for top online savings accounts. Synchrony Bank adjusts its APY in response to Federal Reserve policy decisions, typically within 1 to 4 weeks of a Fed move. We refresh this section weekly.

How to open a Synchrony Bank account

Opening Synchrony High Yield Savings takes about 10 minutes online. You will need a Social Security number, a valid US address, and a funding source (an existing bank account login, debit card, or check by mail). The account is usually approved instantly, and your first ACH transfer typically clears in 1 to 3 business days.

  • Visit the Synchrony Bank savings page
  • Enter your name, address, and Social Security number
  • Fund the account (no minimum)
  • Set up two-factor authentication and confirm your email
  • Start earning 4.65% APY the next business day
Open at Synchrony Bank View Synchrony Bank fee schedule

Frequently asked questions

Is Synchrony High Yield Savings FDIC insured?
Yes. Synchrony Bank is a member of the FDIC, which insures deposits up to $250,000 per depositor, per bank, per ownership category. If the bank fails, the federal government guarantees your money up to that limit. You can verify FDIC membership at fdic.gov/bankfind.
What APY does Synchrony High Yield Savings pay right now?
Synchrony High Yield Savings pays 4.65% APY as of our last update on 2026-05-02. APY is variable and can change at any time as the Federal Reserve adjusts rates. Banks usually move their APY within 1 to 4 weeks of a Fed rate change.
Are there any monthly fees on Synchrony High Yield Savings?
No. Synchrony High Yield Savings has no monthly maintenance fee. There is also no minimum balance requirement to avoid a fee.
What is the minimum to open Synchrony High Yield Savings?
Synchrony High Yield Savings has no minimum opening deposit. You can open the account and fund it later.
How do I open a Synchrony High Yield Savings account?
You can open Synchrony High Yield Savings online in about 10 minutes. You will need a Social Security number, a valid US address, and a funding source (an existing bank account or a debit card). The account is usually approved instantly. Funds typically arrive 1 to 3 business days after the first ACH transfer settles.
Can I withdraw money from Synchrony High Yield Savings anytime?
Yes. Unlike a CD, Synchrony High Yield Savings is a liquid savings account. You can transfer money out at any time via ACH, wire, or (if supported) ATM. Federal Regulation D withdrawal limits were lifted in 2020, but some banks still cap free monthly withdrawals at 6.

Ready to open Synchrony High Yield Savings?

Takes about 10 minutes. 4.65% APY, FDIC insured.

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