Capital One vs Synchrony Bank

Capital One is a good online bank with access to in-person support. How does it compare to Synchrony Bank? Read our comparison chart below.

Capital One offers competitive rates on their savings account. Their interest checking has several overdraft options in cases of accidental overdraw. There are no minimum deposits or service fees.

While Synchrony Bank offers high interest savings with an ATM card for easy withdrawals. There is no minimum deposit. Their CDs require a $2,000 minimum deposit to open. There are no service fees for any products.

Compare Capital One with Synchrony Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.

	Capital One	Synchrony Bank
	SPECIAL OFFER Personal Savings Account - $1,500 Bonus - Learn More Read Capital One Review	SPECIAL OFFER High Yield Savings - 4.30% APY - Learn More Read Synchrony Bank Review
	Benefits and Features
Savings	4.00% APY	4.30% APY. No monthly service fee and no minimum deposit. An ATM card is provided for easy withdrawal. Synchrony will refund ATM fees for other banks up to $5 per statement cycle
CD	3.50% to 4.10% APY. Terms of 6 months to 5 years. 12-month CD APY of 4.10%	0.25% to 4.20% APY. Terms of 3 months to 5 years. No minimum deposit to open.
Checking	0.10% APY
Money Market		2.25% APY. No monthly service fee and no minimum deposit.
ATMs	over 70,000 no-fee Capital One, MoneyPass, and Allpoint ATMs	Any ATMs with Plus or Accel logos
Customer Service	Mon-Sun: 8am - 11pm (ET)	Mon-Fri 8:00 am - 10:00 pm (ET); Sat-Sun 8:00 am - 5:00 pm (ET)
IRA CD		0.25% to 4.20% APY. Terms of 3 months to 5 years. No minimum deposit to open.
IRA Money Market		2.25% APY.
Locations	262 branches	Online Only
	CreditDonkey® Reviews
Savings
Checking
Money Market
Mobile App
Customer Service
Pros & Cons	Pros: Overdraft protection options No account minimums 27 cafes for in-person support Cons: Lower savings APY compared to other online banks	Pros: Savings with ATM card High APY All balance tiers receive same rate Cons: No checking account Limited customer service hours
Bottom Line	Good online bank with access to in-person support... Read full review	Good online bank offering high interest rates... Read full review
	Personal Savings Account - $1,500 Bonus Personal Savings Account - $750 Bonus Personal Savings Account - $300 Bonus	High Yield Savings - 4.30% APY Money Market - 2.25% APY Certificate of Deposit
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Capital One: Pricing information from published website as of 11/15/2024. Synchrony Bank: Pricing information from published website as of 10/06/2024.

Which is Better: Capital One or Synchrony Bank?

Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Capital One or Chase.

In short: Synchrony Bank's savings is excellent.

Articles on Capital One

Capital One 360

Capital One 360 checking and savings accounts are free to open and offer higher-than-average APY rates. Does this popular web bank live up to its claims? Find out if it's right for you.