Quontic Bank vs. Synchrony Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of Quontic Bank vs. Synchrony Bank
Key Metrics at a Glance
| Feature | Quontic Bank | Synchrony Bank |
|---|---|---|
| Top Savings APY | 3.75% High Yield Savings | 3.80% High Yield Savings |
| Minimum to Open | $100 | $0 |
| Minimum Balance for Top APY | $0 | $0 |
Quontic Bank
Strengths
- Quontic Bank offers a higher APY of 3.75% compared to Synchrony Bank's 3.80%.
- Quontic Bank has an A+ BBB rating, indicating strong trustworthiness.
- Quontic Bank has no maintenance fees for its high-yield savings account.
Potential Drawbacks
- Quontic Bank is not BBB accredited.
- Quontic Bank requires a minimum deposit of $100 to open a high-yield savings account.
- Quontic Bank has no physical branches for banking.
Synchrony Bank
Strengths
- Synchrony Bank has a competitive APY of 3.80% for its high-yield savings account.
- Synchrony Bank has no minimum deposit requirement to open an account.
- Synchrony Bank's App Store rating is strong at 4.8.
Potential Drawbacks
- Synchrony Bank has a lower BBB rating status, being not rated.
- Synchrony Bank's Google Play rating is lower at 4.5 compared to Quontic Bank.
- Synchrony Bank has no physical branches for banking.
→ As of November 12, 2025 Quontic Bank offers an APY of 3.75% for its High Yield Savings account, with a minimum balance of $0, compared to Synchrony Bank's 3.80% APY for its High Yield Savings account, with a minimum balance of $0.
→ Synchrony Bank yields $5 more than Quontic Bank on a $10,000 balance after one year. Quontic Bank pays $375, while Synchrony Bank pays $380 - an APY advantage for Synchrony Bank.
Calculate Savings Growth for Quontic Bank vs Synchrony Bank
Quontic Bank - High Yield Savings
Total savings breakdown:
- Interest earned: $2,273.8 (11.22%)
- Total contributions: $13,000 (64.12%)
- Initial deposit: $5,000 (24.66%)
Your total balance
$20,273.80
Total balance: $20,273.8
Earnings: $2,273.8
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, Quontic Bank's total earnings would be $32.1 lower than Synchrony Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Quontic Bank's vs Synchrony Bank's Savings Accounts
| Quontic Bank | Synchrony Bank | ||
|---|---|---|---|
| Product | High Yield Savings | vs | High Yield Savings |
| APY | 3.75% (as of 11/12/2025) | 3.80% (as of 11/12/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | Daily | |
| Minimum Deposit | $100 | $0 | |
| Minimum Balance for APY | $0 | $0 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| App Store Rating | 4.8/5 | 4.8/5 | |
| Google Play Rating | 4.8/5 | 4.5/5 | |
| BBB Rating | A+ | Not Rated |
Comparative Historical APY Insights (Last 10 Months)
| Quontic Bank | Synchrony Bank | ||
|---|---|---|---|
| Product | High Yield Savings | vs | High Yield Savings |
| Latest APY | 3.75 % | 3.80 % | |
| Trend | Sideways | Sideways | |
| Slope (bps/mo) | -1.5 | -3.2 | |
| Rate Changes / Mo | 0.10 | 0.20 | |
| Days Since Last Change | 139 | 163 | |
| High (-10 m) | 3.85 % | 4.10 % | |
| Low (-10 m) | 3.75 % | 3.80 % | |
| Draw-down from High | -2.6 % | -7.3 % | |
| Volatility (CV) | 0.013 | 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.