Synchrony Bank
Synchrony Bank High Yield Savings
By Alex Compton · Last verified
A solid HYSA with the category's rarest feature: an actual ATM card
Insurance: FDIC insured up to $250,000 through Synchrony Bank
Account Terms History
A dated record of APY, fees and opening requirements. New changes append to this table; prior terms remain visible.
| Observed | APY / yield | Monthly fee | Minimum | Evidence |
|---|---|---|---|---|
| 2026-11-02 | 3.55% (as of November 2026, up from 3.30% after the Fed's September 16, 2026 rate hike) | $0 | None | Archive record · no attached snapshotFreshness-rotation reconfirmation: Doctor of Credit's rate tracker shows Synchrony's High Yield Savings at 3.55% as of 10/26/2026. No change; the historical Sept-16-hike attribution was not reverified. |
Primary-source verification log
Append-only evidence ledgerEvent-level primary-source attachments begin with the September 2026 verification system. Older records remain visible but are not retroactively presented as evidenced.
Features
- ▸Optional ATM card for direct cash access from savings — almost unique among HYSAs
- ▸Refunds other banks' ATM fees up to $5 per statement cycle
- ▸No minimum balance, no monthly fees, flat rate on all balances
- ▸Interest compounds daily
- ▸CDs, money market, and an IRA savings lineup at the same bank
- ▸No checking account offered — savings-focused bank
Pros
- +ATM access means true emergency liquidity without a linked-checking dance
- +Competitive rate that historically tracks Marcus closely
- +No fee or minimum traps anywhere
Cons
- −No checking product, so it can't be your only bank
- −ATM withdrawal limits make the card an emergency tool, not daily access
- −Customer service reviews are mixed compared with Ally and Marcus
Our Take
Synchrony is the HYSA for people whose emergency fund needs an actual emergency exit. The ATM card removes the 1-3 day ACH delay that makes most online savings accounts useless in a genuine pinch, and the rate now edges past Marcus and the other big names. If you don't care about cash access, a no-ATM HYSA still gets you a similar rate with faster transfers.
Best for: Emergency funds that need same-minute cash access
Open at Synchrony Bank →Last verified 2026-11-02
Rate this card
Be the first to rate it
Commentson Synchrony Bank High Yield Savings
Comments are stored in your browser during our community preview. Accounts, moderation and cross-device sync arrive with Credit Compound Community.