Presidential Bank vs. Synchrony Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of Presidential Bank vs. Synchrony Bank
Key Metrics at a Glance
| Feature | Presidential Bank | Synchrony Bank |
|---|---|---|
| Top Savings APY | 4.25% Advantage Savings | 3.80% High Yield Savings |
| Minimum to Open | $5,000 | $0 |
| Minimum Balance for Top APY | N/A | $0 |
Presidential Bank
Strengths
- Advantage Savings offers a competitive APY of 4.25%, though it requires direct deposit.
- Presidential Bank has 10 branches in Maryland, Virginia, and Washington D.C.
- Presidential Bank has a high App Store rating of 4.8.
Potential Drawbacks
- The APY decreased from 4.50% to 4.25% in the last 30 days.
- Requires a minimum monthly direct deposit of $500 to earn the higher APY.
- Not BBB accredited, with a rating of A-.
Synchrony Bank
Strengths
- Synchrony Bank offers a straightforward High Yield Savings account with no minimum deposit.
- The Google Play rating for Synchrony Bank is higher at 4.5.
- No direct deposit requirement for the High Yield Savings account.
Potential Drawbacks
- Synchrony Bank's APY is lower at 3.80% compared to Presidential Bank.
- Synchrony Bank has no physical branches, operating online only.
- Synchrony Bank is not rated by the BBB.
→ As of November 12, 2025 Presidential Bank offers an APY of 4.25% for its Advantage Savings account, with a minimum balance of N/A, compared to Synchrony Bank's 3.80% APY for its High Yield Savings account, with a minimum balance of $0.
→ Presidential Bank yields $45 more than Synchrony Bank on a $10,000 balance after one year. Presidential Bank pays $425, while Synchrony Bank pays $380 - an APY advantage for Presidential Bank.
Calculate Savings Growth for Presidential Bank vs Synchrony Bank
Presidential Bank - Advantage Savings
Total savings breakdown:
- Interest earned: $2,596.8 (12.61%)
- Total contributions: $13,000 (63.12%)
- Initial deposit: $5,000 (24.28%)
Your total balance
$20,596.80
Total balance: $20,596.8
Earnings: $2,596.8
Bank OverviewSynchrony Bank - High Yield Savings
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
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, Presidential Bank's total earnings would be $290.9 higher than Synchrony Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Presidential Bank's vs Synchrony Bank's Savings Accounts
| Presidential Bank | Synchrony Bank | ||
|---|---|---|---|
| Product | Advantage Savings | vs | High Yield Savings |
| APY | 3.75% - 4.25% (as of 11/12/2025) | 3.80% (as of 11/12/2025) | |
| Bundled Account | Yes | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | No | Yes | |
| Compound Frequency | Monthly | Daily | |
| Minimum Deposit | $5,000 | $0 | |
| Minimum Balance for APY | N/A | $0 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | Yes. To earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500. | No | |
| App Store Rating | 4.8/5 | 4.8/5 | |
| Google Play Rating | 4.1/5 | 4.5/5 | |
| BBB Rating | A- | Not Rated |
Comparative Historical APY Insights (Last 10 Months)
| Presidential Bank | Synchrony Bank | ||
|---|---|---|---|
| Product | Advantage Savings | vs | High Yield Savings |
| Latest APY | 4.25 % | 3.80 % | |
| Trend | Sideways | Sideways | |
| Slope (bps/mo) | -0.5 | -3.2 | |
| Rate Changes / Mo | 0.10 | 0.20 | |
| Days Since Last Change | 7 | 163 | |
| High (-10 m) | 4.50 % | 4.10 % | |
| Low (-10 m) | 4.25 % | 3.80 % | |
| Draw-down from High | -5.6 % | -7.3 % | |
| Volatility (CV) | 0.010 | 0.027 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 10 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 (-10 m)
- Highest APY in the last 295 days.
- Low (-10 m)
- Lowest APY in the last 295 days.
- Draw-down from High
- How far today sits below the 10-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.