Fitness Bank vs Synchrony Bank
High-Yield Savings Accounts Comparison
Last Updated: June 16, 2025
Summary of Fitness Bank vs. Synchrony Bank
As of June 16, 2025 Fitness Bank offers an APY of 5.00% for its Fitness Elite Checking & Fitness Savings Combo account, compared to Synchrony Bank's 3.80% APY for its High Yield Savings account.
Fitness Bank yields $120 more than Synchrony Bank on a $10,000 balance after one year. Fitness Bank pays $500, while Synchrony Bank pays $380 - an APY advantage for Fitness Bank.
In addition, Fitness Bank also offers 4.55% APY for the Fitness Savings Account account.
Fitness Bank
Strengths
- Fitness Bank offers a high APY of 5.00%, which is higher than Synchrony Bank's 3.80%.
- Fitness Bank has an A+ BBB rating, indicating strong trustworthiness.
Potential Drawbacks
- Fitness Bank has a low App Store rating of 1.7 and a Google Play rating of 0.0.
- Fitness Bank's accounts require maintaining specific conditions to earn the highest APY.
Synchrony Bank
Strengths
- Synchrony Bank has excellent App Store and Google Play ratings of 4.8 and 4.6, respectively.
- Synchrony Bank has no minimum deposit or balance requirements, making it accessible.
Potential Drawbacks
- Synchrony Bank's current APY is lower at 3.80% compared to Fitness Bank's 5.00%.
- Synchrony Bank is not rated by the BBB, indicating less transparency.
Summary: Fitness Bank provides a significantly higher APY at 5.00% but requires specific conditions to maintain it, alongside a strong A+ BBB rating. In contrast, Synchrony Bank offers a lower APY of 3.80% with no minimum requirements and better app ratings, but lacks a BBB rating, which may concern some customers.
Compare Fitness Bank's vs Synchrony Bank's Savings Accounts
| Fitness Bank | Synchrony Bank | |||
|---|---|---|---|---|
| Product | Fitness Savings Account | Fitness Elite Checking & Fitness Savings Combo | vs | High Yield Savings |
| APY | 4.55% (as of 6/16/2025) | 5.00% (as of 6/16/2025) | 3.80% (as of 6/16/2025) | |
| Bundled Account | No | Yes | No | |
| FDIC-insured | Yes | Yes | Yes | |
| Online Only | Yes | Yes | Yes | |
| Compound Frequency | Daily | Daily | Daily | |
| Minimum Deposit | $100 | $100 | $0 | |
| Minimum Balance for APY | $100 | $100 | $0 | |
| Maintenance Fee | $10. Waived for average daily balances > $100 | $10. Waived for average daily balances > $100 | $0 | |
| Direct Deposit Required | No | No | No | |
| Note | This is a tiered account. To earn the highest tier you must track at least 12,500 avg. daily steps using the FitnessBank Step Tracker app as well as maintain a balance of $100. Failure to do so will result in a lower APY. See bank for more details and all tiers. | This is a tiered account. To earn the highest tier you must make 15 debit card transactions per Account Period, maintain $5,000 avg. minimum balance in the Elite Checking account, track at least 10,000 avg. daily steps using the FitnessBank Step Tracker app, as well as maintain a savings balance of $100. Failure to do so will result in a lower APY. See bank for more details and all tiers. | N/A | |
| Visit Bank | Fitness Savings Account | Fitness Elite Checking & Fitness Savings Combo | High Yield Savings | |
| App Store Rating | 1.7/5 | 4.8/5 | ||
| Google Play Rating | No | 4.6/5 | ||
| BBB Rating | A+ | Not Rated | ||
Comparative Historical APY Insights (Last 3 Months)
| Fitness Bank | Synchrony Bank | |||
|---|---|---|---|---|
| Product | Fitness Elite Checking & Fitness Savings Combo | Fitness Savings Account | vs | High Yield Savings |
| Latest APY | 5.00 % | 4.55 % | 3.80 % | |
| Trend | Sideways | Sideways | Falling | |
| Slope (bps/mo) | 0.0 | 0.0 | -5.2 | |
| Rate Changes / Mo | 0.00 | 0.00 | 0.33 | |
| Days Since Last Change | 91 | 91 | 13 | |
| High (-3 m) | 5.00 % | 4.55 % | 4.00 % | |
| Low (-3 m) | 5.00 % | 4.55 % | 3.80 % | |
| Draw-down from High | 0.0 % | 0.0 % | -5.0 % | |
| Volatility (CV) | 0.000 | 0.000 | 0.018 | |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 3 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 (-3 m)
- Highest APY in the last 92 days.
- Low (-3 m)
- Lowest APY in the last 92 days.
- Draw-down from High
- How far today sits below the 3-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 Fitness Bank vs Synchrony Bank
All calculations are based on APY.
Fitness Bank
APY: 5.00%
Total savings breakdown:
- Interest earned: $50 (4.76%)
- Total contributions: $0 (0.00%)
- Initial deposit: $1,000 (95.24%)
Your total balance
$1,050.00
Effective APY: 5.00% (based on your deposit and contributions)
Total balance: $1,050
Earnings: $50
Bank DetailsSynchrony Bank
APY: 3.80%
Total savings breakdown:
- Interest earned: $38 (3.66%)
- Total contributions: $0 (0.00%)
- Initial deposit: $1,000 (96.34%)
Your total balance
$1,038.00
Effective APY: 3.80% (based on your deposit and contributions)
Total balance: $1,038
Earnings: $38
Bank DetailsAfter 1 year Fitness Bank would earn you $12 more than Synchrony Bank.
More Comparisons
Compare Fitness Bank's APY of 5.00% with other banks
| Bank Pair | Best APY | Min Deposit |
|---|---|---|
| Fitness Bank vs Ally Bank | 3.60% | $0 |
| Fitness Bank vs American Express | 3.60% | $0 |
| Fitness Bank vs Axos Bank | 4.66% | $0 |
| Fitness Bank vs Bank of America | 0.01% | $100 |
| Fitness Bank vs Barclays | 4.20% | $0 |
| Fitness Bank vs Capital One | 3.60% | $0 |
| Fitness Bank vs Chase Bank | 0.01% | $0 |
| Fitness Bank vs Chime | 3.75% | $0 |
| Fitness Bank vs CIT Bank | 4.00% | $100 |
| Fitness Bank vs Discover Bank | 3.60% | $0 |
| Fitness Bank vs Marcus by Goldman Sachs | 3.65% | $0 |
| Fitness Bank vs SoFi Bank | 3.80% | $0 |
| Fitness Bank vs Varo Bank | 5.00% | $0 |
Compare Synchrony Bank's APY of 3.80% with other banks
| Bank Pair | Best APY | Min Deposit |
|---|---|---|
| Synchrony Bank vs Ally Bank | 3.60% | $0 |
| Synchrony Bank vs American Express | 3.60% | $0 |
| Synchrony Bank vs Axos Bank | 4.66% | $0 |
| Synchrony Bank vs Bank of America | 0.01% | $100 |
| Synchrony Bank vs Barclays | 4.20% | $0 |
| Synchrony Bank vs Capital One | 3.60% | $0 |
| Synchrony Bank vs Chase Bank | 0.01% | $0 |
| Synchrony Bank vs Chime | 3.75% | $0 |
| Synchrony Bank vs CIT Bank | 4.00% | $100 |
| Synchrony Bank vs Discover Bank | 3.60% | $0 |
| Synchrony Bank vs Marcus by Goldman Sachs | 3.65% | $0 |
| Synchrony Bank vs SoFi Bank | 3.80% | $0 |
| Synchrony Bank vs Varo Bank | 5.00% | $0 |