Ally Vs. Synchrony: Which Online Bank Is Right for You?
It may be a toss-up if you're choosing between Ally's and Synchrony's savings accounts, but Ally will be your clear winner for a checking account.
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It may be a toss-up if you're choosing between Ally's and Synchrony's savings accounts, but Ally will be your clear winner for a checking account.
Some banks are raising interest rates on CDs. You can now earn up to 1.75% APY on a 1-year CD and up to 3.65% APY on a 5-year CD.
Synchrony and Marcus both have online-only savings accounts and CDs. If you want a money market account, Synchrony will be your default option.
Citi, LendingClub, Salem 5 Direct, Bread Savings, and BrioDirect all have high-yield savings accounts with over 1% APY this week.
Synchrony Bank has high-quality savings accounts, money market accounts, and CDs. However, it doesn't have a checking account.