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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.

 Chase
 Learn MoreVisit Site
 

Synchrony Bank

Chase

SPECIAL OFFER
High Yield Savings - 0.40% APY - Learn More

Read Synchrony Bank Review

SPECIAL OFFER
Chase Business $300 Bonus - Learn More

Read Chase Review

 

Benefits and Features

Savings0.40% 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 cycleChase Savings: $5 monthly service fee waived with either a $300 daily balance OR $25 automatic transfer every month from a linked 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.
CD0.15% to 0.80% APY. Terms of 3 months to 5 years. Minimum deposit of $2,000 to open.Terms of 1 month to 10 years. $1,000 minimum opening deposit. No monthly service fee.
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 $250,000 on deposit with Chase.
Money Market0.35% APY. No monthly service fee and no minimum deposit. 
Customer ServiceMon-Fri 8:00 am - 10:00 pm (ET); Sat-Sun 8:00 am - 5:00 pm (ET) 
ATMsAny ATMs with Plus or Accel logos
16,000 Chase ATMs
IRA CD0.15% to 0.80% APY. Terms of 3 months to 5 years. Minimum deposit of $2,000 to open. 
IRA Money Market0.35% APY. 
Locations
Online Only
Over 4,700
 

CreditDonkey® Reviews

 Chase
SavingsStarStarStarStarStarStarStarStarHalf StarEmpty Star
Money MarketStarStarStarStarEmpty Star
Customer ServiceStarStarStarStarEmpty StarStarStarStarStarEmpty Star
CheckingStarStarStarStarEmpty Star
Mobile AppStarStarStarStarStar
Pros & ConsPros:
  • Savings with ATM card
  • High APY
  • All balance tiers receive same rate
Cons:
  • No checking account
  • $2,000 minimum deposit for CDs
  • Limited customer service hours
Pros:
  • More than 4,700 branches
  • New customer coupons
  • Full service banking
Cons:
  • Low interest rates
  • Not in all states
Bottom LineGood online bank offering high interest rates... Read full reviewNational bank with good promotions for new customers... Read full review
 Learn MoreVisit Site

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 4/17/2021.

Chase: Pricing information and data points from published website as of 12/17/2020

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 CIT Bank.

In short: Synchrony Bank's savings is excellent.


Articles on Synchrony Bank

Synchrony Bank Review

Synchrony offers some of the highest savings and CD rates. But there are downsides. Read this review before you open an account.

Articles on Chase

Is Chase a Good Bank

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.

Chase Open Account

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 Checking Bonus

Right now, Chase Business Complete Checking is offering a $300 bonus for new customers.

You Invest Chase

Chase You Invest App has a bonus promotion, low fees and mutual funds trading. But is it good for beginners? Read this review for the pros and cons.

Chase Routing Number

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).

How to Setup Direct Deposit with Chase

Get paid faster when you set up direct deposit with Chase. Here's how to get started below, plus how long it takes to get your money.

How to Go Paperless with Chase Bank

Tired of getting paper statements from Chase? Follow this simple guide to go paperless with Chase Bank.

How to Replace Your Chase Debit Card

Need to replace your Chase debit card? Here's how to request a new one through the website, mobile app or customer service.

How to Text Chase Bank for Your Balance

Chase Text Banking lets you check your balance with a simple text. Find out how to sign up for this convenient service below.

How to Change Your Chase Password

Need to change your Chase password? Read this guide to find out how to update your username and password on desktop or the mobile app.

Which Do You Think is Best?





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