Pibank vs. Synchrony Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
Pibank
Pibank Savings
4.60%APYDec 6, 2025FDIC InsuredNo MinimumsShow Fine Print & Trends Hide Details
Pibank
Pibank Savings
Synchrony Bank
High Yield Savings
3.65%APYDec 6, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Synchrony Bank
High Yield Savings
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
Why Pibank?
- ✓Higher potential APY (4.60% vs 3.65%) on all balances
Why Synchrony Bank?
- ✓Higher rated iOS app (4.8 vs 2.4)
- ✓Higher rated Android app (4.5 vs 1.7)
— Key Feature Differences —
Better Returns at $10,000
PibankPibank's Pibank Savings earns more on smaller deposits (approx. $460 vs $365/yr).
Better Returns at $25,000
PibankPibank's Pibank Savings pulls ahead with larger amounts (approx. $1150 vs $913/yr).
Best for Simplicity
PibankPibank's Pibank Savings offers 4.60% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
Synchrony BankSynchrony Bank offers an iOS app rated 4.8 (vs. 2.4) and Android app rated 4.5 (vs. 1.7)
Shared Benefits
Over a 1-year period, Pibank's Pibank Savings pays $95 more interest on a $10,000 balance than Synchrony Bank's High Yield Savings.
Executive Summary
Pibank offers a competitive savings product, the Pibank Savings account, with an APY of 4.60%, making it the winner in this comparison. This account requires no minimum deposit or balance, has no maintenance fees, and does not mandate direct deposit, providing a straightforward option for savers. In contrast, Synchrony Bank's High Yield Savings account offers a lower APY of 3.65% but also features no minimum deposit or balance requirements. Both banks operate online only, ensuring easy access to their savings accounts.
Analysis generated based on current Banksparency database records
* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.
| Feature | Pibank | Synchrony Bank |
|---|---|---|
| APY | 4.60% Verified: 12/6/2025 Stable (90d) | 3.65% Verified: 12/6/2025 ↘︎ 0.15%90d Change |
| Product Name | Pibank Savings | High Yield Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0.01 | $0 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS2.4 Android1.7 | iOS4.8 Android4.5 |
| BBB Rating | A | Not Rated |
| Next Steps |
Savings Comparison
Pibank earns $616.1 more than Synchrony Bank.
Pibank
Pibank Savings
Savings Breakdown
- Interest Earned+$2,825.80(13.6%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,825.80
Synchrony Bank
High Yield Savings
Savings Breakdown
- Interest Earned+$2,209.70(10.9%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,209.70
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Pibank | Synchrony Bank |
|---|---|---|
| Pibank Savings | High Yield Savings | |
Current APY | 4.60% | 3.65% |
Trend | Stable | Stable |
Velocity (bps/mo) | -0.0 | -3.3 |
Days Since Change | 295 | 18 |
10-Month High | 4.60% | 4.00% |
10-Month Low | 4.60% | 3.65% |
Adjustments / Mo | 0.00 | 0.20 |
Volatility Score | 0.000 | 0.029 |
How to read these metrics(Click to expand)
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