American Express High Yield Savings vs Synchrony High Yield Savings
Side by side on the numbers that decide it. The money8020 Score already weighs these — this is the receipts.
money8020 pick AE American Express High Yield Savings American Express National Bank 84/100 | SB Synchrony High Yield Savings Synchrony Bank 82/100 | |
|---|---|---|
| Tier | Strong | Strong |
| APY | 3.10% | 3.40% |
| Monthly fee | $0 | $0 |
| Minimum balance | $0 | $0 |
| FDIC insured | Yes | Yes |
| Annual fee | — | — |
| Best for | Existing American Express customers who want savings in one place | Savers who want a no-minimum account from an established online bank |
| View profile | View profile |
Which should you choose: the American Express High Yield Savings or the Synchrony High Yield Savings?
The American Express High Yield Savings is the stronger pick of the two, with a money8020 score of 84/100 versus 82. Choose the Synchrony High Yield Savings instead if savers who want a no-minimum account from an established online bank.
On aPY, the American Express High Yield Savings shows 3.10% versus the Synchrony High Yield Savings's 3.40%. Both figures are reflected in the money8020 score above; confirm current terms with each provider before deciding. This is not financial advice.
American Express High Yield Savings vs Synchrony High Yield Savings: FAQ
Is the American Express High Yield Savings or the Synchrony High Yield Savings better?
By our scoring, the American Express High Yield Savings edges ahead with a money8020 score of 84/100 versus 82. The Synchrony High Yield Savings can still be the better fit if savers who want a no-minimum account from an established online bank.
What is the main difference between the American Express High Yield Savings and the Synchrony High Yield Savings?
On aPY, the American Express High Yield Savings offers 3.10% while the Synchrony High Yield Savings offers 3.40%. Review the full table above and confirm current terms with each provider. This is not financial advice.