Synchrony Bank vs Chase
Synchrony Bank is a good online bank offering high interest rates. How does it compare to Chase? Read our comparison chart below.
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.
While Chase is one of the biggest banks in the nation with more than 4,700 branches and over 15,000 ATMs. They offer a variety of banking, loans and investing services.
Compare Synchrony Bank with Chase, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
| SPECIAL OFFER High Yield Savings - 3.80% APY - Learn MoreRead Synchrony Bank Review | SPECIAL OFFER Chase Business Complete Banking® - Up to $500 Bonus - Learn MoreRead Chase Review |
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| Benefits and Features |
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Savings | 3.80% 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 |
- Chase Savings: 0.01% APY. $5 monthly service fee waived with either a $300 daily balance OR $25 automatic transfer every month from a linked Chase checking account, OR a linked Chase College Checking for Overdraft Protection, OR a linked qualifying Chase checking account, OR for owners under 18. $0 to open.
- Chase Premier Savings: Earn a higher interest rate when you have a bigger balance and meet certain relationship requirements when linked with a Chase Premier Plus Checking or Sapphire Checking account.
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CD | 0.25% to 4.10% APY. Terms of 3 months to 5 years. No minimum deposit to open. | Terms of 1 month to 10 years. $1,000 minimum opening deposit. No monthly service fee. |
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Checking | |
- Chase Total Checking®
- Chase Premier Plus Checking: An interest-bearing account with some perks. $25 monthly service waived with an average beginning day balance of $15,000 OR a Chase mortgage with auto pay. $0 minimum balance to open.
- Chase Sapphire Checking: A premium checking account for those with $75,000 or more on deposit with Chase. $0 minimum balance to open.
- Chase College Checking: No monthly service fee for college students age 17-24 at account opening with proof of student status, for up to 5 years. $0 to open.
- Chase Private Client Checking℠: For high net worth individuals who have $150,000 on deposit with Chase.
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Money Market | 2.00% APY. No monthly service fee and no minimum deposit. | |
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Mobile App | iOS & Android | iOS & Android |
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ATMs | Any ATMs with Plus or Accel logos | 15,000+ Chase ATMs |
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Customer Service | Mon-Fri 8:00 am - 10:00 pm (ET); Sat-Sun 8:00 am - 5:00 pm (ET) | Automated service available 24/7 |
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IRA CD | 0.25% to 4.00% APY. Terms of 3 months to 5 years. No minimum deposit to open. | |
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IRA Money Market | 2.00% APY. | |
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Locations | Online Only | Over 4,700 |
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| CreditDonkey® Reviews |
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Savings |      |      |
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Money Market |      | |
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Customer Service |      |      |
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CD | |      |
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Checking | |      |
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Mobile App | |      |
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Pros & Cons | Pros:- Savings with ATM card
- High APY
- All balance tiers receive same rate
Cons:- No checking account
- Limited customer service hours
| Pros:- More than 4,700 branches
- New customer coupons
- Full service banking
Cons:- Low savings rates
- Not in all states
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Bottom Line | Good online bank offering high interest rates... Read full review | National bank with good promotions for new customers... Read full review |
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Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Synchrony Bank: Pricing information from published website as of 09/26/2025. Chase: Pricing information and data points from published website as of 08/26/2025. |
Which is Better: Synchrony Bank or Chase?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Synchrony Bank or Discover Bank.
In short: Synchrony Bank's savings is excellent.
Articles on Synchrony Bank
Synchrony offers some of the highest savings and CD rates. But there are downsides. Read this review before you open an account.
Synchrony's high-yield savings account has a high APY with no fees. But they also have more to offer than just that. Read on to know all the details.
Are CD rates good at Synchrony Bank? Find out if you should open a Synchrony CD.
Articles on Chase
Chase has new customer bonuses and a strong nationwide presence. But there are drawbacks. Read this review to see if Chase is a good bank for you.
Opening an account with Chase Bank is simple. Take a look at what you'll need and check out your account options in our guide.
Chase Business Complete Banking offers up to a $500 bonus for new customers with qualifying activities. Find out how to get this limited business checking promotion.
Is Chase Business Complete Banking the right choice for you? Here are the benefits and fees you need to know.
Opening a Chase business banking account is easy. Check out what you'll need and your business checking options in this guide.
What is Chase Bank's routing number? It depends on the state. Find the correct routing number for your Chase account (even without a check).
What's the difference between Chase Private Client Checking℠ and Chase Sapphire℠ Banking? Find out which one you can qualify for.
Curious about scoring $600 from Chase? Read on to find out how to qualify and claim a $600 Chase bonus.
Curious if Chase offers a high-yield savings account? Read on to find out.
Looking to open a savings account with Chase? Check out the current rates being offered.
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