Pibank vs. Synchrony Bank
Comparing Pibank and Synchrony Bank for high-yield savings: Pibank's Pibank Savings pays 4.40% APY while Synchrony Bank's High Yield Savings pays 3.40% APY.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? Pibank pays $100 more than Synchrony Bank annually ($440 vs $340).
Choose Pibank if getting the best rate matters most, or choose Synchrony Bank if mobile app quality matters.
| Metric | PibankPibank Savings Apr 21, 2026 | Synchrony BankHigh Yield Savings Apr 21, 2026 |
|---|---|---|
| APY | 4.40% | 3.40% |
Est. Earnings | $5,000+$220 $10,000+$440 $25,000+$1,100 | $5,000+$170 $10,000+$340 $25,000+$850 |
Min Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredNo MinimumsDaily CompoundingStable Rate | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDaily CompoundingRate Changes Often |
Prefer In-Person Banking?
Both of these banks are online-only. If you need physical branch access, check out our list of high-yield accounts with brick-and-mortar locations.
Comparison Analysis
Comparing Pibank vs. Synchrony Bank
Executive Summary
Pibank offers a competitive Pibank Savings account with a notable APY of 4.40%, making it the top choice for savers seeking higher returns without any direct deposit requirements or maintenance fees. This account is online-only and requires a minimum balance of just $0.01, ensuring accessibility for various deposit amounts. In comparison, Synchrony Bank's High Yield Savings account provides a lower APY of 3.40%, also without direct deposit requirements and fees, but it does not match Pibank's rates. Both accounts are FDIC insured and offer daily compounding, catering to those looking for straightforward savings options.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why Pibank?
- ✓Higher potential APY (4.40% vs 3.40%) on all balances
Why Synchrony Bank?
- ✓Higher rated iOS app (4.8 vs 2.1)
- ✓Higher rated Android app (4.5 vs 1.8)
— Key Feature Differences —
Better Returns at $10,000
PibankPibank's Pibank Savings earns more on smaller deposits (approx. $440 vs $340/yr).
Better Returns at $25,000
PibankPibank's Pibank Savings pulls ahead with larger amounts (approx. $1100 vs $850/yr).
Best for Simplicity
PibankPibank's Pibank Savings offers 4.40% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
Synchrony BankSynchrony Bank offers an iOS app rated 4.8 (vs. 2.1) and Android app rated 4.5 (vs. 1.8)
Shared Benefits
Over a 1-year period, Pibank's Pibank Savings pays $100 more interest on a $10,000 balance than Synchrony Bank's High Yield Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Non-sponsored link to official site
Non-sponsored link to official site
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Pibank vs. Synchrony Bank Savings Calculator
You earn $100 more with Pibank than Synchrony Bank on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
Pibank
Pibank Savings
Savings Breakdown
- Interest Earned+$440.00(4.2%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,440.00
Synchrony Bank
High Yield Savings
Savings Breakdown
- Interest Earned+$340.00(3.3%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,340.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still banking with Chase, Bank of America, or Wells Fargo?
On a $10,000 balance, you're missing out on at least $339 per year in interest.
Both Pibank and Synchrony Bank dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | Pibank | Synchrony Bank |
|---|---|---|
| APY | 4.40% Verified: 4/21/2026 ↘︎ 0.20%90d Change | 3.40% Verified: 4/21/2026 ↘︎ 0.25%90d Change |
| Product Name | Pibank Savings | High Yield Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0.01 | $0 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Daily | Daily |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Physical Branches | None | N/A |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Not Supported | Not Supported |
| BBB Rating | A+ | Not Rated |
| Next Steps | Visit SiteVerify at Pibank Non-sponsored link to official site | Visit SiteVerify at Synchrony Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Pibank | Synchrony Bank |
|---|---|---|
| Pibank Savings | High Yield Savings | |
Current APY | 4.40% | 3.40% |
Trend | Stable | Stable |
Velocity (bps/mo) | -0.2 | -4.2 |
Days Since Change | 5 | 0 |
12-Month High | 4.60% | 4.00% |
12-Month Low | 4.40% | 3.40% |
Adjustments / Mo | 0.08 | 0.33 |
Volatility Score | 0.006 | 0.042 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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