Synchrony Bank vs. TD Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
Synchrony Bank
High Yield Savings
3.65%APYDec 10, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Synchrony Bank
High Yield Savings
TD Bank
TD Signature Savings
Up to2.75%APYDec 10, 2025FDIC InsuredHigh MinimumChecking BundleGreat iOS AppGreat Android AppIn-Person AccessRange: 0.05% – 2.75%Show Fine Print & Trends Hide Details
TD Bank
TD Signature Savings
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.25% APY.
Synchrony Bank vs. TD Bank Savings Calculator
Synchrony Bank earns $2,181.1 more than TD Bank.
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
TD Bank
TD Signature Savings
Higher APY requires $100,000
Savings Breakdown
- Interest Earned+$28.60(0.2%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$18,028.60
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing Synchrony Bank vs. TD Bank
Why Synchrony Bank?
- ✓Higher potential APY (3.65% vs 2.75%) on all balances
- ✓No checking account or direct deposit required
- ✓Higher rated Android app (4.4 vs 4.0)
Why TD Bank?
- ✓Physical branch access (Multiple branches in CT, DE, FL, ME, MD, MA, NH, NJ, NY, NC, PA, RI, SC, VT, VA, DC)
— Key Feature Differences —
Better Returns at $10,000
Synchrony BankSynchrony Bank's High Yield Savings earns more on smaller deposits (approx. $365 vs $0/yr).
Better Returns at $25,000
Synchrony BankSynchrony Bank's High Yield Savings pulls ahead with larger amounts (approx. $912 vs $0/yr).
Best for Simplicity
Synchrony BankSynchrony Bank's High Yield Savings offers 3.65% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Synchrony Bank's High Yield Savings pays $360 more interest on a $10,000 balance than TD Bank's TD Signature Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary
Synchrony Bank offers a competitive High Yield Savings account with a notable APY of 3.65%, which is significantly higher than TD Bank's TD Signature Savings account, which has a maximum APY of 2.75% for those with a minimum balance of $100,000. Synchrony Bank's account is online-only, requires no minimum deposit or maintenance fees, and does not impose any direct deposit requirements, making it a straightforward choice for savers. In contrast, TD Bank's account has a maintenance fee that can be waived under certain conditions and is not online-only. Overall, Synchrony Bank stands out as the better option for those seeking higher returns.
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.
Top Market Contenders
See who beats both Synchrony Bank and TD Bank.
| Feature | Synchrony Bank | TD Bank |
|---|---|---|
| APY | 3.65% Verified: 12/10/2025 ↘︎ 0.15%90d Change | 2.75% Range: 0.05% - 2.75% Verified: 12/10/2025 ↘︎ 0.25%90d Change |
| Product Name | High Yield Savings | TD Signature Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $100,000 |
| Monthly Fee | $0 | $10. Waived under some circumstances. |
| Branch Access | None | Yes |
| Account Type | Online Only | Online & Branches |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | Yes |
| Mobile Apps | iOS4.8 Android4.4 | iOS4.8 Android4.0 |
| BBB Rating | Not Rated | Not Rated |
| Important Notes | - | This is a tiered savings account where rates may vary on location and whether you're eligible for the Bump Rate. 2.75% is available when you link an eligible TD account and have a minimum balance of $100,000. Otherwise 0.05% is the maximum APY. |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Synchrony Bank | TD Bank |
|---|---|---|
| High Yield Savings | TD Signature Savings | |
Current APY | 3.65% | 2.75% |
Trend | Stable | Stable |
Velocity (bps/mo) | -3.4 | -8.3 |
Days Since Change | 22 | 68 |
10-Month High | 4.10% | 3.70% |
10-Month Low | 3.65% | 2.75% |
Adjustments / Mo | 0.29 | 0.38 |
Volatility Score | 0.031 | 0.085 |
How to read these metrics(Click to expand)
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