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Synchrony High Yield Savings

Editor reviewed

3.30% APY with an optional ATM card, rare for a savings account

Rates verified September 10, 2026
High-Yield Savings
Open account
Tracked since2026
0 reviews tracked

The Bottom Line

APY

3.3%

Biggest pro

ATM access to savings

Biggest con

App and UX dated vs Ally and Marcus

At a glance

Rates verified September 10, 2026
APY
3.3%
APY note
Rate cut mid-July 2026; some trackers showed 3.50% in early July
Minimum deposit
None
Monthly fee
None
FDIC
Direct, Member FDIC, $250k
Institution
Synchrony Bank
ATM access
Yes

How this rate compares

8.7x

the FDIC national savings average of 0.38% (August 17, 2026). On a $10,000 balance that is about $292 more in a year.

Last verified September 10, 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?

$330 a year on a $10,000 balance

At 3.3% APY, $10,000 earns about $330 in the first year, versus roughly $38 at the 0.38% FDIC national average (August 17, 2026). That is about $292 more for moving the same money. APY is variable and shown as of the date above.

What is Synchrony High Yield Savings?

Editorial review
Synchrony is the high-yield savings account you can actually hit an ATM with, which almost no HYSA offers. The honest verdict: a solid mid-tier choice for savers who value cash access over chasing the top rate. The account pays 3.30% APY as of mid-July 2026, after a mid-month cut (some trackers showed 3.50% in early July). There is no minimum deposit, no minimum balance for the rate, and no monthly fee. Deposits are held directly at Synchrony Bank, Member FDIC, insured to $250,000 per depositor. An optional ATM card comes with up to $5 per month in ATM fee rebates, and the bank has a long track record of competitive if not leading rates plus a broad CD and money market lineup. The catches: the app and UX feel dated next to Ally or Marcus, the rate is drifting down, and there is no checking companion.
how we evaluateSourcesynchrony.com ↗

Pros and cons

Pros

  • ATM access to savings
  • Long track record of competitive rates
  • No minimums anywhere

Cons

  • App and UX dated vs Ally and Marcus
  • Rate drifting down
  • No checking companion

Key details

3.30% APY on all balancesOptional ATM card on a savings accountUp to $5/month in ATM fee rebatesNo minimums anywhereBroad CD and money market lineup

Explore more

Best High-Yield Savings

Synchrony High Yield Savings FAQ

What is the current APY on Synchrony High Yield Savings?

Synchrony pays 3.30% APY as of mid-July 2026, after a mid-month cut. Some trackers showed 3.50% in early July, so verify the live figure before relying on it.

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. The optional ATM card includes up to $5 per month in ATM fee rebates.

Source: synchrony.com

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