June 19, 2025 11:28 pm CDT
MoneysMyLife
SUBSCRIBE
  • Home
  • Bank Bonuses
    • Featured Bank Offers
      • BMO Bonuses
      • Chase Bonuses
      • Axos Bank Bonuses
      • KeyBank Bonuses
      • Live Oak Bank Bonuses
      • Upgrade Bonuses
    • Best Bank Bonuses
    • Best Bank Bonuses w/o Direct Deposit
    • Best Free Business Checking Accounts
    • Best Savings Rates
    • Best CD Rates
    • All Bank Bonuses
  • Investing Offers
    • Best Crypto Bonuses (Free BTC & More)
    • Best Investment Research Tools
    • Best Brokerage Offers
    • Best Real Estate Offers
    • Best Robo-Advisor Offers
    • Best Stock Brokers
    • All Investing Offers
  • Deals & Sign Up Bonuses
    • Best Referral & Sign Up Bonuses
    • Best Cash Back Shopping
      • Best Cash Back Shopping Bonuses
      • TopCashback $25 Exclusive Sign Up Bonus
      • Rakuten $30/$40 Sign Up Bonus
      • RebatesMe $45 Welcome Offer
    • Best Mattress Discounts & Coupons
    • Best Contests & Sweepstakes
    • Best Amazon Coupons & Deals
    • Best Freebie Deals
    • All Deals
  • Money Guides
    • Guide to Bank Bonuses
    • Guide to Investment Research
      • Guide to Seeking Alpha
      • Guide to Interactive Brokers
      • Guide to Investment Research Tools
    • Guide to Cash Back Shopping Apps
    • Guide to Student Loan Repayment Strategies
    • Guide to Get-Paid-To (GPT)
    • Financial Calculators
    • All Money Guides & Tips
No Result
View All Result
MoneysMyLife
  • Home
  • Bank Bonuses
    • Featured Bank Offers
      • BMO Bonuses
      • Chase Bonuses
      • Axos Bank Bonuses
      • KeyBank Bonuses
      • Live Oak Bank Bonuses
      • Upgrade Bonuses
    • Best Bank Bonuses
    • Best Bank Bonuses w/o Direct Deposit
    • Best Free Business Checking Accounts
    • Best Savings Rates
    • Best CD Rates
    • All Bank Bonuses
  • Investing Offers
    • Best Crypto Bonuses (Free BTC & More)
    • Best Investment Research Tools
    • Best Brokerage Offers
    • Best Real Estate Offers
    • Best Robo-Advisor Offers
    • Best Stock Brokers
    • All Investing Offers
  • Deals & Sign Up Bonuses
    • Best Referral & Sign Up Bonuses
    • Best Cash Back Shopping
      • Best Cash Back Shopping Bonuses
      • TopCashback $25 Exclusive Sign Up Bonus
      • Rakuten $30/$40 Sign Up Bonus
      • RebatesMe $45 Welcome Offer
    • Best Mattress Discounts & Coupons
    • Best Contests & Sweepstakes
    • Best Amazon Coupons & Deals
    • Best Freebie Deals
    • All Deals
  • Money Guides
    • Guide to Bank Bonuses
    • Guide to Investment Research
      • Guide to Seeking Alpha
      • Guide to Interactive Brokers
      • Guide to Investment Research Tools
    • Guide to Cash Back Shopping Apps
    • Guide to Student Loan Repayment Strategies
    • Guide to Get-Paid-To (GPT)
    • Financial Calculators
    • All Money Guides & Tips
SUBSCRIBE
No Result
View All Result
MoneysMyLife
No Result
View All Result
Home Bank Promotions

Synchrony Bank Promotions: Money Market and CD Account Offers (Nationwide)

Tony Jay by Tony Jay
December 7, 2022 3:26 am CST
in Bank Promotions
0
Earn a $300 cash bonus with BlueVine!
chase-total-checking-banner-300-2024

Synchrony Bank (which used to be known as GE Capital Retail Bank) is an online bank that offers Savings, Money Market, CD and IRA accounts with great rates.

Update 12/2/2022: The Amazon Prime Store Card issued by Synchrony is offering a $200 signup bonus. See here.

Update 11/27/2022: Synchrony issues the Amazon Prime Store credit card. The bank is offering $40 back in rewards when you spend $400 or more on Amazon. Read more here.

While Synchrony Bank does have one physical branch in Bridgewater, New Jersey, you should consider this an Online Bank for all intents and purposes. You’ll get great rates and low fees similar to other online banks. One downside to Synchrony Bank is that they don’t have a Checking account option. More top online Checking accounts can be found reviewed here.

READ MORE: WELCOME OFFERS FROM CHASE AND BMO.

Synchrony Bank Breakdown

ProsCons
Mobile-optimized site instead of a mobile appNo person-to-person transfers
Great website navigation and layout with useful savings calculatorsThere is no mobile app, which can be a letdown for some
You get a daily mobile deposit limit of $10,000 after you’ve been a customer for six monthsNo chat line for customer support
Participates in the Plus, NYCE and STAR networks for ATMsOnly one branch, in Bridgewater, New Jersey. This should be considered more of an Online Bank anyway.
For money market account holders, Synchrony refunds up to $5 per statement cycle for ATM fees charged by other banks 

Synchrony Bank High Yield Savings Rate Offer: 2.00% APY

No minimum balance or monthly service fee to worry about with this account.

  • Rates are much higher than the national average
  • You can make withdrawals online, over the phone or with your ATM card
  • Choose to control your money through the online banking portal, or by speaking with a bank representative
  • Funds are FDIC insured up to $250,000 per depositor, per insured bank, for each ownership category
*The number of electronic and telephone transactions you can make with your High Yield Savings account is limited to six withdrawals per statement cycle by federal regulations.

Opening A High Yield Savings Account

In order to open a Synchrony Bank High Yield Savings account,  all you need is:

  • Your Driver’s License or Military ID or State ID Number
  • Your social security number

This can be done online or in person at their branch in Bridgewater, New Jersey. Outside of this location, Synchrony Bank handles most of it’s business and client transactions online or via telephone. Customer service is available from 8am to 10pm Eastern time to assist banking clients. They also use a relay service for the hearing impaired.

Author’s Verdict

Overall, Synchrony Bank is a great option for people who want a low fee incurring account to store their money with the added benefit of interest. But if you want a Checking account and in-person banking options, you may want to look elsewhere.


Synchrony Bank Money Market Rate Offer

There is no minimum to open and there are no monthly service fees.

  • Available nationwide
  • Minimum to open: $1
  • Minimum for APY: $1
  • Monthly fee: None
Learn More at Synchrony Bank

Synchrony Bank CD Rate Offers

  • Available nationwide
  • Minimum to open: $2,000
  • Minimum for APY: $2,000
  • Maximum for APY: None
Learn More at Synchrony Bank

READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.

Interactive Brokers Logo Click here to see why Interactive Brokers is the #1 brokerage for serious investors!

Related


Discover more from MoneysMyLife

Subscribe to get the latest posts sent to your email.

Tags: CD Ratesonline savingssynchrony
Tweet16Share25Share4Pin6SendShareSend
Amazon Prime Big Deal Days 2023 Amazon Prime Big Deal Days 2023 Amazon Prime Big Deal Days 2023
Tony Jay

Tony Jay

Hey there! I'm Tony, a personal finance enthusiast.

If you're looking to maximize your savings, I've got you covered. From exclusive banking promotions and investing bonuses, to exciting credit card offers, I'll keep you in the loop on the hottest deals in town.

Join me here at MoneysMyLife and let's embark on this adventure together. Contact me here.

Leave a Reply Cancel reply

Editorial Disclaimer: Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.
Disclaimer: These responses are not provided or commissioned by the bank advertiser, credit card issuer, hotel, airline or other entity. Responses have not been reviewed, approved or otherwise endorsed by any of the entities included within the post. It is not the bank advertiser's or any other entity's responsibility to ensure all posts and/or questions are answered.

Your email address will not be published. Required fields are marked *

Newsletter

Get new posts by email:

Featured Articles

Seeking Alpha Discount and Free Trial Promo Codes

Seeking Alpha Discount – Biggest Sale of 2025 Exclusive Promo Code (Ends July 4)

June 11, 2025 7:07 am CDT

Best Checking & Savings Account Bonuses: Earn Cash With Top Bank Promotions

June 18, 2025 10:47 am CDT

*Advertiser Disclosure: The credit card and banking offers that appear on this site are from credit card and banking companies from which MoneysMyLife.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). MoneysMyLife.com does not include all credit card and banking companies or all available credit card and banking offers. This content is not provided or commissioned by the bank advertiser. Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. This site may be compensated through the bank advertiser Affiliate Program.

© 2024 MoneysMyLife. All rights reserved.

  • About
  • Advertiser Disclosure
  • Disclaimer
  • Privacy
  • Terms
  • Contact
No Result
View All Result
  • Home
  • Bank Bonuses
    • Featured Bank Offers
      • BMO Bonuses
      • Chase Bonuses
      • Axos Bank Bonuses
      • KeyBank Bonuses
      • Live Oak Bank Bonuses
      • Upgrade Bonuses
    • Best Bank Bonuses
    • Best Bank Bonuses w/o Direct Deposit
    • Best Free Business Checking Accounts
    • Best Savings Rates
    • Best CD Rates
    • All Bank Bonuses
  • Investing Offers
    • Best Crypto Bonuses (Free BTC & More)
    • Best Investment Research Tools
    • Best Brokerage Offers
    • Best Real Estate Offers
    • Best Robo-Advisor Offers
    • Best Stock Brokers
    • All Investing Offers
  • Deals & Sign Up Bonuses
    • Best Referral & Sign Up Bonuses
    • Best Cash Back Shopping
      • Best Cash Back Shopping Bonuses
      • TopCashback $25 Exclusive Sign Up Bonus
      • Rakuten $30/$40 Sign Up Bonus
      • RebatesMe $45 Welcome Offer
    • Best Mattress Discounts & Coupons
    • Best Contests & Sweepstakes
    • Best Amazon Coupons & Deals
    • Best Freebie Deals
    • All Deals
  • Money Guides
    • Guide to Bank Bonuses
    • Guide to Investment Research
      • Guide to Seeking Alpha
      • Guide to Interactive Brokers
      • Guide to Investment Research Tools
    • Guide to Cash Back Shopping Apps
    • Guide to Student Loan Repayment Strategies
    • Guide to Get-Paid-To (GPT)
    • Financial Calculators
    • All Money Guides & Tips

© 2024 moneysmylife. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.