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Synchrony High Yield Savings

Rated on published terms

3.55% APY with no minimum deposit or balance and an optional ATM card, as of Oct 14, 2026

Rates verified October 21, 2026
High-Yield Savings
Open account

The Bottom Line

APY
3.55% (verified Oct 21, 2026). All rates and fees

Key facts

  • Min. deposit: None
  • Monthly fee: None
  • Insurance: FDIC insured

Pros

  • Optional ATM card available with a High Yield Savings account
  • Same 3.55% APY in all three balance tiers
  • No minimum deposit, no minimum balance and no monthly fees

Cons

  • No checking companion
  • Variable APY that can change at any time

At a glance

Rates verified October 21, 2026

The provider's own page dates these rates ; we read the page on the date above.

APY
3.55%
APY note
Synchrony states 3.55% APY on High Yield Savings, accurate as of 10/14/2026; variable. The same 3.55% APY applies in all three balance tiers ($0.01 to $4,999; $4,999.01 to $24,999; $24,999.01 and above).
Minimum deposit
None
Monthly fee
None
FDIC
Direct, Member FDIC, $250k
Institution
Synchrony Bank
ATM access
Yes

Source: synchrony.com/banking/products/high-yield-savin…, read October 21, 2026

How this rate compares

9.6x

the FDIC national savings average of 0.37% (September 21, 2026). On a $10,000 balance that is about $318 more in a year.

Last verified October 21, 2026

We re-verify against the issuer's own page when we refresh this listing, and we stamp that date. We do not claim a daily check.

APYs are variable and can change at any time. The FDIC national average is a floor for what an ordinary savings account pays, not a competitor. Named comparisons use each product's last issuer-page check.

Is it worth it?

$355 a year on a $10,000 balance

At 3.55% APY, $10,000 earns about $355 in the first year, versus roughly $37 at the 0.37% FDIC national average (September 21, 2026). That is about $318 more for moving the same money. APY is variable and shown as of the date above.

What is Synchrony High Yield Savings?

Sources read on the date shown
Synchrony High Yield Savings is a savings account with an optional ATM card available. The honest verdict: a straightforward choice for savers who want cash access and simple terms. The account pays 3.55% APY as of October 14, 2026, the same in all three balance tiers ($0.01 to $4,999, $4,999.01 to $24,999 and $24,999.01 and above). There is no minimum deposit, no minimum balance, and no monthly fee. Deposits are held directly at Synchrony Bank, Member FDIC, insured to $250,000 per depositor. An optional ATM card is available with a High Yield Savings account, and Synchrony also offers CDs and money market accounts. The catches: there is no checking companion, and the APY is variable and can change at any time.
Sourcesynchrony.com ↗

Key details

3.55% APY on all balancesOptional ATM card on a savings accountNo minimum deposit or minimum balanceNo monthly feesCD and money market accounts also offered

Recent changes to these figures

What changed when we last re-read the Synchrony High Yield Savings page, with the date.

  • APY 3.30% to 3.55%, read on the provider's page (Synchrony states accurate as of 10/14/2026).

Explore more

Best High-Yield Savings

Synchrony High Yield Savings FAQ

What is the current APY on Synchrony High Yield Savings?

Synchrony states 3.55% APY on High Yield Savings, accurate as of 10/14/2026, in all three balance tiers. The rate is variable.

Is Synchrony High Yield Savings FDIC insured?

Yes. Deposits are held directly at Synchrony Bank, Member FDIC, insured up to $250,000 per depositor.

What are the minimums and fees?

There is no minimum deposit, no minimum balance requirement, and no monthly fee. An optional ATM card is available with a High Yield Savings account.

Source: synchrony.com

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