Without the cost of maintaining brick-and-mortar branch locations, the 100% online Synchrony Bank is able to pay generous interest rates, giving deposits a nice boost. And with few fees to eat ...

Synchrony is a digital bank that offers competitive rates on savings and CDs, plus three credit cards and a money market account, which may serve you well if you want a little account flexibility.

Synchrony Bank only offers one savings account—the High Yield Savings. Interest is compounded daily in the account and credited monthly on your statement date. You don’t have to pay any fees ...

It has a no-penalty and bump-up CD, plus multiple terms for regular CDs — and they all pay competitive rates. Besides the bank's 3-month CD, Synchrony pays high rates on most standard CD terms.

Synchrony Bank CDs come with no minimum deposit requirement. Interest is compounded daily and is credited monthly. You can withdraw interest earned at any time during your CD term without penalty.

Following a false alarm last week due to a prematurely-updated Apple support document, Synchrony as of today is actually available as a buy-now, pay-later option when checking out with Apple Pay ...

Synchrony does have some recent controversies. In 2023, the bank was ordered to pay a settlement of $2.6 million; the lawsuit claimed that Synchrony called people about bank accounts they did not own.

Synchrony Bank offers ... beyond the interest rates a bank offers you. Although earning a high return on your savings does matter, it’s also important to pay attention to other account features ...