Synchrony Bank makes opening a savings account easy and quick. Here is how you open an account:
First, select the account that offers the best fit for your lifestyle. A high yield savings account from Synchrony Bank is insured and protected by FDIC insurance up to $250,000 per depositor, per insured bank, for each ownership category.
In addition to high yield savings accounts, you may also want to consider other products such as certificates of deposit (CDs) or money market accounts.
These deposit products offer different interest rates and levels of liquidity, so be sure to do your homework before your deposit your funds.
Once you know what type of account you’d like to open, next decide how much money you would like to initially deposit.
Savings accounts with Synchrony Bank have no minimum balance so you can fund your account with as little as a penny.
If you wish to fund your new account electronically, you must provide an external bank account number or bank routing/transit number.
Our savings accounts are not subject to a monthly maintenance fee so you’ll start saving money as soon as you sign up.
The final step in opening an account is to provide your basic personal information, as required by federal law. For your convenience, you can print out an application or apply directly online.
If you are looking to start saving today with great interest yields, Synchrony Bank has you covered.
Synchrony Bank has award-winning rates that go beyond the national average+. Our tools allow 24/7 access to your account from your computer, tablet or smartphone — so you can choose when and where you want to bank.
Open a savings account with Synchrony Bank today. Call 1-844-345-5789 or visit us online to get started.
US News: http://money.usnews.com/money/personal-finance/articles/2014/09/04/how-to-find-the-best-savings-account-for-you
+National Average APYs are based on specific product types of top 50 U.S. banks (ranked by total deposits) provided by Informa Research Services, Inc. CD Rates: Average APYs are based on certificate of deposit accounts of $25,000. High Yield Savings Rates: Average APYs are based on High Yield Savings Accounts of $10,000. Money Market Account Rates: Average APYs are based on Money Market Accounts of $10,000. Although the information provided by Informa Research Services, Inc. has been obtained from the various institutions, accuracy cannot be guaranteed.
**Federal regulations limit the number of electronic and telephone transactions you can make with your savings or money market account to six transfers or withdrawals per monthly statement cycle. If you exceed these limits, we may close your account.
*ANNUAL PERCENTAGE YIELD (APY): All APYs are accurate as of 06/21/2018.
APYs are subject to change at any time without notice. Offers apply to personal accounts only. Fees may reduce earnings. For Money Market and High Yield Savings Accounts, the rate may change after the account is opened. For CDs, a minimum of $2,000 is required to open a CD and must be deposited in a single transaction. A penalty may be imposed for early withdrawals. After maturity, if you choose to roll over your CD, you will earn the base rate of interest in effect at that time. The APY shown for CDs and IRA CDs is for a 60-month CD with a balance of at least $25,000. Click here for all CD rates and terms offered.