Synchrony Bank Review:

Intro

Synchrony Bank is a major consumer financial services issuer offering flat 2% Premier World Mastercard cash back, high-yield online savings accounts, and flexible bump-up and no-penalty CDs.

Full Review

Synchrony Bank Complete Banking Review & Overview

Synchrony Bank (headquartered in Stamford, CT, USA) is a premier financial institution evaluated on MoneyCompared with an overall composite score of 8.9/10 across Credit Cards, High-Yield Savings, CD Rates & Fixed Deposits. Synchrony Bank is a major consumer financial services issuer offering flat 2% Premier World Mastercard cash back, high-yield online savings accounts, and flexible bump-up and no-penalty CDs.

Key Banking Strengths & Account Offerings

Customers comparing Synchrony Bank against rival banks benefit from its regulated deposit and lending products, digital banking tools, and competitive fee structures. Explore Synchrony Bank's category-specific aspect ratings, account details, and side-by-side bank comparisons below.

Pros

  • Strong composite financial rating (8.9/10) across Credit Cards, High-Yield Savings, CD Rates & Fixed Deposits
  • Regulated deposit and consumer protection with modern digital banking app
  • Competitive account options for everyday banking and long-term savers

Cons

  • Best relationship rates or fee waivers may require qualifying direct deposits or minimum balances
  • Rates and promotional offers vary by credit profile and account tier

Synchrony Bank: Products

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Synchrony Premier World Mastercard

Synchrony Premier World Mastercard

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Synchrony Bank High Yield Savings

Synchrony Bank High Yield Savings

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Synchrony Bank 14-Month Special CD

Synchrony Bank 14-Month Special CD

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Synchrony Bank: Categories

CD Rates & Fixed Deposits

CD Rates & Fixed Deposits

Rated 9.3

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High-Yield Savings

High-Yield Savings

Rated 9.2

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Credit Cards

Credit Cards

Rated 8.4

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