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Synchrony Bank Reviews and Rates


Rated Top 10 Savings Account in GOBankingRates Best Banks Study

Synchrony Bank, a featured partner of GOBankingRates, offers a digital storefront to help you meet your personal finance goals. A former subsidiary of General Electric Co., Synchrony Bank acquired MetLife Bank's deposit business in January 2013, including $6.4 billion in deposits and its online banking operation.
Rates effective as of 03/09/15

Synchrony Bank (FDIC certificate 27314) was established in 1988 and operates online. Ms. Margaret M. Keane, President/CEO of Synchrony Bank, leads a team of 7689 employees.The bank's parent holding company, GENERAL ELECTRIC CAPITAL CORPORATION is based in , .

Synchrony Bank, headquartered in Draper, UT, is rated 4 stars for financial strength by BauerFinancial, Inc., the nation’s leading bank rating firm. As a general rule, a 4 Star rating indicates, among other things, that this institution has at least 1½ times the capital that regulators require, is profitable (or operating with a very small loss) and has kept its delinquent loans in check.

Synchrony Bank is a Savings Association (Thrift). With $50 Billion in total assets, the OCC classifies the bank’s asset concentration as Credit-Card Specialization.

Products & Services

Personal

Synchrony Bank has many personal banking offers to choose from including highly-rated term CDs, high-yield savings, and IRA money market accounts.

Synchrony Bank Products

High-Yield Savings
Optimizer Plus+ CDs
Money Market Accounts
IRA Money Market Account & IRA CD
Credit Cards

Locations, Hours, & Customer Service Contact

Customer Service Contact

Phone: 1-866-226-5638

Hours of Operation

Monday - Friday
Saturday
8:00AM - 10:00PM EST
8:00AM - 5:00PM EST

Synchrony Bank Location : Headquarters

200 Crossing Blvd Suite 101
Bridgewater, NJ 08807
Open: Monday - Friday 8:00AM - 3:00PM EST

Synchrony Bank: National Interest Rates

I want to Deposit: $25,000

Best Rates (APY)
Account Type
Estimated Balance for 1 Year
1.00%
Savings
$25,250
1.20%
1 Year CD
$25,300
1.35%
2 Year CD
$25,338
1.50%
3 Year CD
$25,375
1.70%
4 Year CD
$25,425
2.20%
5 Year CD
$25,550
0.41%
6 Month CD
$25,103
Free, all-inclusive, and truly local: GOBankingRates.com is the only source for interest rates from over 5000 banks and credit unions.
Synchrony Bank offers a wide range of retail banking and lending services. The lending arm of the online bank offers a range of personal loans to cover the unexpected costs of life, from auto parts loans to loans for electronics, home improvement loans, and healthcare loans. Synchrony Bank OptimizerPlus+ deposit accounts also help customers get further in their savings goals. The money market and savings accounts offer high-yield earning while still keeping funds accessible. Synchrony Bank also offers long-term savings and investment vehicles in its certificates of deposit and IRAs, offering CD terms from 3 months to 60 months.

Banking Fees

Type
Fee
National Average
Monthly Inactivity
$5
$7
Non sufficient Fund Overdraft
$0
$9
Stop Payment Item
$25
$27
Return Deposit
$0
$14
Domestic Wire Transfer (Outbound)
$25
$22
Domestic Wire Transfer (Inbound)
$0
$9
Non-Bank ATM
$0
$1

Synchrony Bank Reviews, News & Information

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Synchrony Bank Reviews

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