Barclays vs Synchrony Bank
The two banks compared as banks: the charter, branches, checking, the other products they offer, their apps and their deposit rates. Each fact has its source and the date it was confirmed.
Choose Barclays or Synchrony Bank
Choose Barclays if
- You want a personal loan from the same bank (by invitation only). Synchrony Bank does not offer one.
Choose Synchrony Bank if
- You want a money market account. Banksparency tracks none at Barclays.
Barclays and Synchrony Bank compared
| Field | Barclays | Synchrony Bank |
|---|---|---|
| What each bank offers | ||
| Savings account | YesBanksparency rate data | YesBanksparency rate data |
| CDs | YesBanksparency rate data | YesBanksparency rate data |
| Money market account | None trackedBanksparency rate data | YesBanksparency rate data |
| Checking account | NoBank site, confirmed Sep 27, 2026 | NoBank site, confirmed Sep 27, 2026 |
| Credit cards | YesBank site, confirmed Sep 27, 2026 | YesBank site, confirmed Sep 27, 2026 |
| Personal loans | Yes, by invitation onlyBank site, confirmed Sep 27, 2026 | NoBank site, confirmed Sep 27, 2026 |
| Mortgages | NoBank site, confirmed Sep 27, 2026 | NoBank site, confirmed Sep 27, 2026 |
| Investing | NoBank site, confirmed Sep 27, 2026 | NoBank site, confirmed Sep 27, 2026 |
| Deposit rates | ||
| Best savings APY | Up to 3.65% APY. That account is online only.Advertised, newest reading Nov 11, 2026 | 3.75% APY. That account is online only.Advertised, newest reading Nov 11, 2026 |
| Best CD APY | 4.75% APY, 24 monthsAdvertised, newest reading Nov 11, 2026 | 4.80% APY, 60 monthsAdvertised, newest reading Nov 11, 2026 |
| Best money market APY | None listed | 2.00% APYAdvertised, newest reading Nov 11, 2026 |
| Branches and ATMs | ||
| Branches | Not statedBank site, confirmed Sep 27, 2026 | No branchesBank site, confirmed Sep 27, 2026 |
| Apps | ||
| App Store rating | 4.9 of 5Store listing, confirmed Sep 27, 2026 | 4.8 of 5Store listing, confirmed Sep 27, 2026 |
| Google Play rating | 4.7 of 5Store listing, confirmed Sep 27, 2026 | 4.6 of 5Store listing, confirmed Sep 27, 2026 |
| The bank behind it | ||
| Charter | Delaware · the charter, Barclays Bank Delaware, is one of 16 insured banks chartered thereFDIC call report, Q2 2026 | Utah · one of 44 insured banks chartered thereFDIC call report, Q2 2026 |
| Size | Not shown: the figure describes the charter, Barclays Bank Delaware | 31st-largest by deposits of 4,238 insured banksFDIC call report, Q2 2026 |
| Deposit growth | Not shown: the figure describes the charter, Barclays Bank Delaware | Higher than at 31% of 4,226 insured banks over the four quarters to Q2 2026FDIC call report |
“Not stated” means the bank’s own pages say nothing that answers the question. “Not confirmed yet” means no one has confirmed the fact against its source.
How each bank has moved its rates
Banksparency reads each bank’s rates every day. A bank that cuts often, or lets a promotion lapse to a lower rate, costs more over a year than its rate today shows.
Barclays
- Tiered Savings: 3 rate changes since Jan 21, 2026, 3 cuts.The last was on Jun 24, 2026, down 0.10 points.
- 24-month CD, the highest CD rate: 4 rate changes since Jan 21, 2026, 4 raises.The last was on Oct 7, 2026, up 0.40 points.
Synchrony Bank
- High Yield Savings: 5 rate changes since Jan 21, 2026, 3 cuts and 2 raises.The last was on Oct 27, 2026, up 0.20 points.
- 60-month CD, the highest CD rate: 4 rate changes since Jan 21, 2026, 4 raises.The last was on Nov 10, 2026, up 0.05 points.
- Money Market Account: no rate change since Jan 21, 2026.
What each bank pays on deposits
An advertised rate tells you what a new savings account earns today. It cannot tell you how the bank has priced the savings and money market deposits it already holds, over time. This section shows that. The figure is computed from the interest expense and deposit balances that every bank files with the FDIC in the same form. That is what makes it comparable across banks and across quarters.
Barclays
The two figures answer different questions, so they sit side by side and are not combined. The 3.65% applies to balances from $250,000 to $1,000,000. Below $250,000, the account advertises 3.50%. The bank states no rate for the balance above $1,000,000.
In Q2 2026, Barclays Bank Delaware paid a higher average rate on savings and money market deposits than 99% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
Each figure is that bank's own charter-level average across its whole deposit book, so the two are shown one after the other and are not a ranking.
Synchrony Bank
The two figures answer different questions, so they sit side by side and are not combined.
In Q2 2026, Synchrony Bank paid a higher average rate on savings and money market deposits than 97% of banks that reported a figure (FDIC call report). The all-bank median was 1.45%.
Average annualized rates paid on savings and money market deposits, and on all interest-bearing deposits, quarterly. The FDIC line for savings includes money market deposit accounts and business savings deposits and does not separate consumer accounts. Source: FDIC call report data, as reported; it may be amended. The percentile compares all FDIC filers, count-weighted. A missing quarter is suppressed, never interpolated. The percentile counts the banks that paid strictly less on savings and money market deposits, one vote per bank, among the banks that reported a figure for the quarter.