NorthOne vs Synchrony Bank
NorthOne is a good business banking features and tools with no monthly fees. How does it compare to Synchrony Bank? Read our comparison chart below.
NorthOne offers business banking with built-in financial tools. You get unlimited sub-accounts, a bill pay feature, and app integrations.
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 NorthOne with Synchrony Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
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| Visit Site | Learn More | |
NorthOne | Synchrony Bank | |
|---|---|---|
NorthOne Free Business Banking - | High Yield Savings - 4.75% APY - | |
Benefits and Features | ||
| Savings | No savings account, but you can create unlimited envelopes for savings goals | 4.75% 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 | 0.25% to 5.15% APY. Terms of 3 months to 5 years. No minimum deposit to open. | |
| Checking | $0 monthly fee; no balance requirements | |
| Monthly Fee | ||
| Money Market | 2.25% APY. No monthly service fee and no minimum deposit. | |
| APY | ||
| Minimum Deposit to Open | ||
| ACH Transfer Fee | ||
| ATMs | Any ATMs with Plus or Accel logos | |
| Balance Requirement | ||
| Cash Deposit Fee | ||
| Customer Service | Phone, email, and live chat: Monday - Sunday, 8 am - 10 pm EST. | Mon-Fri 8:00 am - 10:00 pm (ET); Sat-Sun 8:00 am - 5:00 pm (ET) |
| Incoming Wire Transfer Fee | ||
| IRA CD | 0.25% to 5.00% APY. Terms of 3 months to 5 years. No minimum deposit to open. | |
| IRA Money Market | 2.25% APY. | |
| Locations | ||
| Out of Network ATM Fee | ||
| Outgoing Wire Transfer Fee | ||
| Overdraft Fee | ||
CreditDonkey® Reviews | ||
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| Checking |   | |
| Fees | | |
| Mobile App | | |
| Customer Service | | |
| Savings | | |
| Money Market | | |
| Pros & Cons | Pros:
| Pros:
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| Bottom Line | Good business banking features and tools with no monthly fees... | Good online bank offering high interest rates... |
| Visit Site | Learn More | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. NorthOne: Information sourced from the published website as of 03/05/2024. Synchrony Bank: Pricing information from published website as of 04/11/2024. | ||
NorthOne Free Business Banking
- Business banking for teams
- Automatic invoice ingestion and payments
- Sales and revenue analytics
- Unlimited account envelopes
- Close to 100 integrations
- Over $5000 in perks for new customers
- No monthly fees, no application fees, no minimum balance
NorthOne is a financial technology company, not a bank. Banking services provided by The Bancorp Bank, Member FDIC.
NorthOne Free Business Banking
- Unlimited envelopes for all your business budgets
- Integrations with popular accounting and payment processing apps
- Automate your bill payments
- $50 minimum opening deposit
NorthOne Plus Business Banking
- Priority email/chat support
- Dedicated relationship manager
- Implementation and onboarding assistant
- $0 same-day ACH payments, bill payments, and physical checks
- Lowest transaction fees
- $50 minimum opening deposit
- $20 monthly fee
Which is Better: NorthOne 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 NorthOne or Chase.
In short: NorthOne's customer service is impressive.
Articles on NorthOne
NorthOne Review
Is NorthOne Safe
Articles on Synchrony Bank
Synchrony Bank Review
Synchrony High Yield Savings
