Briodirect vs Synchrony Bank
High-Yield Savings Accounts Comparison
Last Updated: September 5, 2025
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Summary of BrioDirect vs. Synchrony Bank
As of September 5, 2025 BrioDirect offers an APY of 4.30% for its High-Yield Savings Account, with a minimum balance of $25, compared to Synchrony Bank's 3.80% APY for its High Yield Savings account, with a minimum balance of $0.
BrioDirect yields $50 more than Synchrony Bank on a $10,000 balance after one year. BrioDirect pays $430, while Synchrony Bank pays $380 - an APY advantage for BrioDirect.
BrioDirect
Strengths
- BrioDirect offers a higher APY of 4.30% compared to Synchrony Bank's 3.80%.
- BrioDirect has a solid App Store rating of 4.7.
- No maintenance fees for BrioDirect's High-Yield Savings Account.
Potential Drawbacks
- BrioDirect has a B- BBB rating and is not accredited.
- Requires a minimum deposit of $5,000 for BrioDirect's High-Yield Savings Account.
- BrioDirect has no branches for in-person banking.
Synchrony Bank
Strengths
- Synchrony Bank has a higher Google Play rating of 4.5.
- No minimum deposit or balance required for Synchrony Bank's High Yield Savings.
- Synchrony Bank has no maintenance fees for its account.
Potential Drawbacks
- Synchrony Bank's APY is lower at 3.80% compared to BrioDirect.
- Synchrony Bank is not rated by the BBB.
- Synchrony Bank has no branches for in-person banking.
Summary: BrioDirect offers a higher APY of 4.30% with a minimum deposit of $5,000, while Synchrony Bank has no minimums but a lower APY of 3.80%. Both banks have no maintenance fees and are online-only, but BrioDirect has a B- BBB rating, whereas Synchrony Bank is not rated. Additionally, BrioDirect has a slightly lower App Store rating compared to Synchrony Bank.
Compare BrioDirect's vs Synchrony Bank's Savings Accounts
| BrioDirect | Synchrony Bank | ||
|---|---|---|---|
| Product | High-Yield Savings Account | vs | High Yield Savings |
| APY | 4.30% (as of 9/5/2025) | 3.80% (as of 9/5/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | Daily | |
| Minimum Deposit | $5,000 | $0 | |
| Minimum Balance for APY | $25 | $0 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| App Store Rating | 4.7/5 | 4.8/5 | |
| Google Play Rating | 4.3/5 | 4.5/5 | |
| BBB Rating | B- | Not Rated |
Comparative Historical APY Insights (Last 7 Months)
| BrioDirect | Synchrony Bank | ||
|---|---|---|---|
| Product | High-Yield Savings Account | vs | High Yield Savings |
| Latest APY | 4.30 % | 3.80 % | |
| Trend | Sideways | Sideways | |
| Slope (bps/mo) | -4.5 | -4.3 | |
| Rate Changes / Mo | 0.53 | 0.27 | |
| Days Since Last Change | 108 | 94 | |
| High (-7 m) | 4.55 % | 4.10 % | |
| Low (-7 m) | 4.30 % | 3.80 % | |
| Draw-down from High | -5.5 % | -7.3 % | |
| Volatility (CV) | 0.024 | 0.027 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 7 months (regression slope).
- Slope (bps/mo)
- Average monthly change; 10 bps = 0.10 pp.
- Rate Changes / Mo
- Typical number of APY moves per month.
- Days Since Last Change
- Recency of the latest APY adjustment.
- High (-7 m)
- Highest APY in the last 226 days.
- Low (-7 m)
- Lowest APY in the last 226 days.
- Draw-down from High
- How far today sits below the 7-month peak.
- Volatility (CV)
- Coefficient of variation = stdev ÷ mean.
Why Track Savings-Account APYs?
- See how quickly a bank reacts to Fed moves or competition.
- Gauge “twitchiness” - frequent moves can annoy savers.
- Spot if you're buying near a peak (draw-down) or riding a rise.
- Slope (bps/mo) shows speed of change.
- Volatility (CV) scales jumps by average level.
Calculate Savings Growth for BrioDirect vs Synchrony Bank
All calculations are based on APY.
BrioDirect
APY: 4.30%
Total savings breakdown:
- Interest earned: $2,629.4 (12.75%)
- Total contributions: $13,000 (63.02%)
- Initial deposit: $5,000 (24.24%)
Your total balance
$20,629.40
Effective APY: 4.30% (based on your deposit and contributions)
Total balance: $20,629.4
Earnings: $2,629.4
Bank OverviewSynchrony Bank
APY: 3.80%
Total savings breakdown:
- Interest earned: $2,305.9 (11.36%)
- Total contributions: $13,000 (64.02%)
- Initial deposit: $5,000 (24.62%)
Your total balance
$20,305.90
Effective APY: 3.80% (based on your deposit and contributions)
Total balance: $20,305.9
Earnings: $2,305.9
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, BrioDirect's total earnings would be $323.5 higher than Synchrony Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
More Comparisons
Compare BrioDirect's APY of 4.30% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| BrioDirect vs Ally Bank | 3.50% | $0 |
| BrioDirect vs American Express | 3.50% | $0 |
| BrioDirect vs Axos Bank | 4.46% | $0 |
| BrioDirect vs Bank of America | 0.01% | $100 |
| BrioDirect vs Barclays | 4.10% | $0 |
| BrioDirect vs Capital One | 3.50% | $0 |
| BrioDirect vs Chase Bank | 0.01% | $0 |
| BrioDirect vs Chime | 3.75% | $0 |
| BrioDirect vs CIT Bank | 4.00% | $100 |
| BrioDirect vs Discover Bank | 3.50% | $0 |
| BrioDirect vs Elevault | 4.60% | $0 |
| BrioDirect vs EverBank | 4.30% | $0 |
| BrioDirect vs Fitness Bank | 4.75% | $100 |
| BrioDirect vs FVCbank | 4.35% | $500 |
| BrioDirect vs GO2bank | 4.50% | $0 |
| BrioDirect vs Marcus by Goldman Sachs | 3.65% | $0 |
| BrioDirect vs Neighbors Bank | 4.60% | $0 |
| BrioDirect vs Newtek Bank | 4.35% | $0 |
| BrioDirect vs Peak Bank | 4.35% | $100 |
| BrioDirect vs Pibank | 4.60% | $0 |
| BrioDirect vs Presidential Bank | 4.50% | $5,000 |
| BrioDirect vs Santander Bank | 0.03% | $25 |
| BrioDirect vs SoFi Bank | 3.80% | $0 |
| BrioDirect vs TIMBR | 4.40% | $1,000 |
| BrioDirect vs UFB Direct | 4.21% | $5000 |
| BrioDirect vs Varo Bank | 5.00% | $0 |
| BrioDirect vs Wells Fargo | 2.51% | $25 |
| BrioDirect vs Zynlo Bank | 4.35% | $10 |