search icon Back to Synchrony Home

HIGH YIELD SAVINGS ACCOUNT

Great rates and easy access?
Win-win.

%
APY*

Saving with a Synchrony Bank High Yield Savings account couldn't be easier. Or more rewarding. Scroll down to see why.

OPEN ACCOUNT

Best Online Bank
GoBankingRates
2024
Best Savings Accounts
MoneyRates
2024
Best Money Market Account
GoBankingRates
2024
Best CD Account
MoneyRates
2024
Best CD Account
GoBankingRates
2024
Best CD Account
MyBankTracker
2024
Best Bank for CD’s
NerdWallet
2023
★★★★
Forbes Advisor
2024
Best Online Savings Account
The Ascent
2023
Best High Yield Savings Account
CNBC Select
2024
Best CD Rates
GoBankingRates
2025

We can help you achieve your goals

Competitive rates

Grow your savings (even more) with rates that consistently outperform traditional savings accounts.

Flexible access

Enjoy the flexibility of being able to easily withdraw or transfer funds whenever you need them.

No monthly fees

You're able to hold on to more of what you earn, and what you deposit will always be yours to grow.

No minimum balance

Whether you deposit a lot or a little is entirely up to you.

FDIC insurance

Enjoy the security of FDIC-backed insurance, which protects all your deposits, up to $250,000.

Custom account alerts

Feel secure knowing you can customize alerts, and won’t miss anything important, as it happens.

We love hearing from you

My Synchrony Bank HYS account helped me save for vacation and I proposed to my fiancé! The high interest makes accomplishing goals easy!

Paul
Indianapolis, IN

So happy with Synchrony Bank - the return on my investment is significantly greater than big banks. Glad my friend recommended them to me!

Karen
Tampa, FL

We use Synchrony Bank’s High Yield Savings for our emergency fund. We wanted to maintain a solid cushion against uncertainty. We love to watch it grow over time!

Matthew
Greenville, NC

Instead of having money just sit, my money gains great interest and helps cushion my emergency fund. Thanks Synchrony Bank! 

Roger
Carmel, CA

I save to take my family out. It’s nice to say "Let's do that" when something comes up. Memories to last a lifetime. Thanks Synchrony Bank!

Phil
Dallas, TX

We saved, taking advantage of preferred CD and Money Market rates. Took a trip to Italy to visit relatives we’d never met! Thank you, Synchrony Bank!

Peter
Richmond, VA

Everything you need to get started— in minutes

OPEN ACCOUNT
  • 1
    Your personal information—like your Social Security number or Tax ID—help us verify your application, so have them in hand.
  • 2
    Click "Open Account" or download our mobile app to access the application and complete it.
  • 3
    Fund your account (with no minimum deposit required) and start earning interest from our award-winning products.
OPEN ACCOUNT

Security on lock

Keeping your banking and financial info safe is our priority. Here are some top tools in our security arsenal:

FDIC Insurance

Your deposit accounts are insured up to $250,000 per depositor, per insured bank, for each ownership category.

24/7 monitoring

Protecting your transactions is of the highest importance to us. We monitor our devices 24/7, for your peace of mind.

Bank here, there, everywhere
Wherever you go, there we are! Our Synchrony Bank mobile app lets you manage your accounts from your smartphone and devices. Available for iOS or Android.
OPEN ACCOUNT
4.8
Apple App Store
4.7
Google Play Store

Watch how fast your money can grow

Using our current rate, our calculator illustrates how quickly your savings can grow!

 
Start saving now with a
High Yield Savings Account
%
APY*
OPEN ACCOUNT

*DISCLOSURES:

ANNUAL PERCENTAGE YIELD (APY): All APYs are accurate as of .

APY is subject to change at any time without notice. Offers apply to personal non-IRA accounts only. Charges for specific services may reduce earnings. For High Yield Savings Accounts, the rate may change after the account is opened.

NATIONAL AVERAGE: National Average APYs are based on specific product types of top 50 U.S. banks (ranked by total deposits) provided by Curinos LLC through 05/01/2025. High Yield Savings Rates: Average APYs are based on High Yield Savings Accounts of $10,000. Curinos data is obtained from public sources; accuracy and completeness is not guaranteed. Curinos is not liable for reliance on the data.

FDIC INSURANCE: up to $250,000 per depositor, per insured bank, for each ownership category.

GOBANKINGRATES.COM: © 2025 GOBankingRates. All Right Reserved.

FORBES: © 2024 Forbes Media LLC. All Rights Reserved.

MONEYRATES: © 2024 MoneyRates.

MYBANKTRACKER.COM: © 2024 MoneyRates.

NERDWALLET: © 2024 NerdWallet, Inc. All Rights Reserved.

THE ASCENT: © 2018 - 2024 The Ascent. All rights reserved.

CNBC: © 2024 SELECT | All rights reserved.

AWARDS: Click here to see our awards page for details.