Synchrony Bank

Synchrony Savings Account Review


Synchrony is in a class of its own. There are no physical Synchrony branches and they do not offer checking accounts. Don’t let Synchrony’s unconventional approach to banking fool you—their high yield savings accounts could make a world of difference when growing your financial future.


  • Great term life insurance rates
  • Option of adjusting between term and permanent policies
  • Options to access funds before death or serious illness/injury


  • Weak customer service
  • Most policies require an exam
  • Long claim review process
Learn more about saving with Synchrony

2.05% APY
$1 Min balance for APY
Yes FDIC Member