Fitness Bank vs Synchrony Bank
High-Yield Savings Accounts Comparison
Last Updated: September 16, 2025
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Summary of Fitness Bank vs. Synchrony Bank
As of September 16, 2025 Fitness Bank offers an APY of 4.75% for its Fitness Elite Checking & Fitness Savings Combo account, with a minimum balance of $100, compared to Synchrony Bank's 3.80% APY for its High Yield Savings account, with a minimum balance of $0.
Fitness Bank yields $95 more than Synchrony Bank on a $10,000 balance after one year. Fitness Bank pays $475, while Synchrony Bank pays $380 - an APY advantage for Fitness Bank.
In addition, Fitness Bank also offers 4.45% APY for the Fitness Savings Account account.
Fitness Bank
Strengths
- Fitness Bank offers a higher APY of 4.75% compared to Synchrony Bank's 3.80%.
- Fitness Bank has an A+ BBB rating, indicating strong trustworthiness.
- Fitness Bank allows account opening with a minimum deposit of $100.
Potential Drawbacks
- Fitness Bank's APY decreased from 4.85% to 4.75% in the last 30 days.
- Fitness Bank has low App Store (1.7) and Google Play (0.0) ratings.
- Fitness Bank charges a maintenance fee of $10 unless balance requirements are met.
Synchrony Bank
Strengths
- Synchrony Bank has no maintenance fees or minimum balance requirements.
- Synchrony Bank enjoys high App Store (4.8) and Google Play (4.5) ratings.
- Synchrony Bank's APY remains stable at 3.80% over the last 30 days.
Potential Drawbacks
- Synchrony Bank's savings account APY is lower than Fitness Bank's 4.75%.
- Synchrony Bank is not rated by the BBB, indicating less transparency.
- Synchrony Bank requires a $0 minimum deposit, which may not appeal to all.
Summary: Fitness Bank offers a significantly higher APY of 4.75% but has a recent decrease and low app ratings. In contrast, Synchrony Bank provides stability with a 3.80% APY, no fees, and high app ratings, though it lacks a BBB rating. Customers seeking higher returns may prefer Fitness Bank, while those valuing user experience and fee-free banking might choose Synchrony Bank.
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 | 4.45% (as of 9/16/2025) | 4.75% (as of 9/16/2025) | 3.80% (as of 9/16/2025) | |
| 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. | ||
| App Store Rating | 1.7/5 | 4.8/5 | ||
| Google Play Rating | No | 4.5/5 | ||
| BBB Rating | A+ | Not Rated | ||
Comparative Historical APY Insights (Last 6 Months)
| Fitness Bank | Synchrony Bank | |||
|---|---|---|---|---|
| Product | Fitness Elite Checking & Fitness Savings Combo | Fitness Savings Account | vs | High Yield Savings |
| Latest APY | 4.75 % | 4.45 % | 3.80 % | |
| Trend | Sideways | Sideways | Sideways | |
| Slope (bps/mo) | -3.4 | -1.3 | -4.7 | |
| Rate Changes / Mo | 0.33 | 0.33 | 0.16 | |
| Days Since Last Change | 13 | 13 | 105 | |
| High (-6 m) | 5.00 % | 4.55 % | 4.00 % | |
| Low (-6 m) | 4.75 % | 4.45 % | 3.80 % | |
| Draw-down from High | -5.0 % | -2.2 % | -5.0 % | |
| Volatility (CV) | 0.016 | 0.007 | 0.025 | |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 6 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 (-6 m)
- Highest APY in the last 184 days.
- Low (-6 m)
- Lowest APY in the last 184 days.
- Draw-down from High
- How far today sits below the 6-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: 4.75%
Total savings breakdown:
- Interest earned: $2,924.7 (13.98%)
- Total contributions: $13,000 (62.13%)
- Initial deposit: $5,000 (23.90%)
Your total balance
$20,924.70
Effective APY: 4.75% (based on your deposit and contributions)
Total balance: $20,924.7
Earnings: $2,924.7
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, Fitness Bank's total earnings would be $618.8 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 Fitness Bank's APY of 4.75% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Fitness Bank vs Ally Bank | 3.50% | $0 |
| Fitness Bank vs American Express | 3.50% | $0 |
| Fitness Bank vs Axos Bank | 4.46% | $0 |
| Fitness Bank vs Bank of America | 0.01% | $100 |
| Fitness Bank vs Barclays | 4.10% | $0 |
| Fitness Bank vs BrioDirect | 4.30% | $5,000 |
| Fitness Bank vs Capital One | 3.50% | $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 | 3.50% | $0 |
| Fitness Bank vs Elevault | 4.60% | $0 |
| Fitness Bank vs EverBank | 4.30% | $0 |
| Fitness Bank vs FVCbank | 4.35% | $500 |
| Fitness Bank vs GO2bank | 4.50% | $0 |
| Fitness Bank vs Marcus by Goldman Sachs | 3.65% | $0 |
| Fitness Bank vs Neighbors Bank | 4.60% | $0 |
| Fitness Bank vs Newtek Bank | 4.35% | $0 |
| Fitness Bank vs Peak Bank | 4.35% | $100 |
| Fitness Bank vs Pibank | 4.60% | $0 |
| Fitness Bank vs Presidential Bank | 4.50% | $5,000 |
| Fitness Bank vs Santander Bank | 0.03% | $25 |
| Fitness Bank vs SoFi Bank | 4.50% | $0 |
| Fitness Bank vs TIMBR | 4.40% | $1,000 |
| Fitness Bank vs UFB Direct | 4.21% | $5000 |
| Fitness Bank vs Varo Bank | 5.00% | $0 |
| Fitness Bank vs Wells Fargo | 2.51% | $25 |
| Fitness Bank vs Zynlo Bank | 4.35% | $10 |