Synchrony BankSynchrony High Yield Savings
APY
3.50%
Min. to Open
None required
Monthly Fee
No monthly fee
Welcome Bonus
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Synchrony High Yield Savings
Synchrony High Yield Savings
3.50% APY. No minimum. No monthly fee.
Our take
Straightforward high-yield account with no minimum and no fees. FDIC insured.
Highlights
What we like
Simple high-yield with no minimum
No monthly fees
The trade-off
Synchrony less known for banking
Is this account right for you?
Answer a few quick questions — we'll match you with the savings accounts that fit your goals and habits.
Full details
Rate & Earnings
| APY | 3.50% |
| APY conditions | No minimum for APY |
| Minimum balance for APY | None required |
Fees & Requirements
| Monthly fee | No monthly fee |
| Minimum to open | None required |
Features
| FDIC insured | FDIC insured |
| Mobile app | Mobile app |
| ATM access | ATM access |
Frequently asked questions
What is the current APY on this account?
The current APY is 3.50%. No minimum for APY
Is my money protected?
Yes — this account is FDIC insured up to $250,000 per depositor, per institution. Your money is safe even if the bank fails.
How do I access my money?
ATM withdrawals are available. You can transfer funds electronically to a linked checking account, typically within 1–3 business days.
Are there any hidden fees?
This account has no monthly maintenance fee. Always review the full fee schedule for wire transfer, outgoing transfer, or other service fees.
Synchrony High Yield Savings