Synchrony Bank vs Ufb Direct
High-Yield Savings Accounts Comparison
Last Updated: September 18, 2025
We earn a commission if you open an account through some links on this page.
Summary of Synchrony Bank vs. UFB Direct
As of September 18, 2025 Synchrony Bank offers an APY of 3.80% for its High Yield Savings account, with a minimum balance of $0, compared to UFB Direct's 4.10% APY for its UFB Checking and Savings Bundle account, with a minimum balance of $10,000.
UFB Direct yields $30 more than Synchrony Bank on a $10,000 balance after one year. Synchrony Bank pays $380, while UFB Direct pays $410 - an APY advantage for UFB Direct.
In addition, UFB Direct also offers 3.90% APY for the UFB Portfolio Savings account.
Synchrony Bank
Strengths
- Synchrony Bank offers a competitive APY of 3.80% with no minimum deposit or balance requirements.
- There are no maintenance fees for the High Yield Savings account at Synchrony Bank.
- Synchrony Bank has a high App Store rating of 4.8.
Potential Drawbacks
- Synchrony Bank is not rated by the BBB, which may raise concerns for some customers.
- The current APY of 3.80% has not changed in the last 30 days.
UFB Direct
Strengths
- UFB Direct offers a higher APY of 4.10% with conditions, and 3.90% without direct deposit.
- UFB Direct has an A+ BBB rating and is BBB Accredited, indicating trustworthiness.
- Both UFB Direct's App Store and Google Play ratings are 4.8 and 4.5, respectively.
Potential Drawbacks
- UFB Direct requires a minimum deposit of $5,000 for the checking and savings bundle.
- To achieve the highest APY, UFB Direct requires direct deposits and a minimum balance of $10,000.
Summary: Synchrony Bank's High Yield Savings account offers a solid APY of 3.80% with no minimums or fees, but lacks BBB accreditation. In contrast, UFB Direct provides a higher potential APY of 4.10% with conditions, backed by an A+ BBB rating. However, UFB Direct's account requires a significant minimum deposit and balance to maximize earnings, making it less accessible for some customers.
Compare Synchrony Bank's vs UFB Direct's Savings Accounts
| Synchrony Bank | UFB Direct | |||
|---|---|---|---|---|
| Product | High Yield Savings | vs | UFB Portfolio Savings | UFB Checking and Savings Bundle |
| APY | 3.80% (as of 9/18/2025) | 3.90% (as of 9/18/2025) | 3.90% - 4.10% (as of 9/18/2025) | |
| Bundled Account | No | No | No | |
| FDIC-insured | Yes | Yes | Yes | |
| Online Only | Yes | Yes | Yes | |
| Compound Frequency | Daily | Daily | Daily | |
| Minimum Deposit | $0 | $0 | $5000 | |
| Minimum Balance for APY | $0 | $0 | $10,000 | |
| Maintenance Fee | $0 | $0 | $0 | |
| Direct Deposit Required | No | No | Yes | |
| Note | The regular savings or money market APY may be boosted up to 4.10% by direct deposits, minimum balance of $10,000 and making 10 approved debit card transactions per statement cycle. See bank for full details. | |||
| Sponsored Link | LEARN MORE at UFB Direct, Member FDIC | LEARN MORE at UFB Direct, Member FDIC | ||
| App Store Rating | 4.8/5 | 4.8/5 | ||
| Google Play Rating | 4.5/5 | 4.5/5 | ||
| BBB Rating | Not Rated | A+ | ||
Comparative Historical APY Insights (Last 8 Months)
| Synchrony Bank | UFB Direct | |||
|---|---|---|---|---|
| Product | High Yield Savings | vs | UFB Checking and Savings Bundle | UFB Portfolio Savings |
| Latest APY | 3.80 % | 4.10 % | 3.90 % | |
| Trend | Sideways | Sideways | Sideways | |
| Slope (bps/mo) | -4.1 | -0.1 | -0.0 | |
| Rate Changes / Mo | 0.25 | 0.13 | 0.13 | |
| Days Since Last Change | 107 | 0 | 0 | |
| High (-8 m) | 4.10 % | 4.21 % | 4.01 % | |
| Low (-8 m) | 3.80 % | 4.10 % | 3.90 % | |
| Draw-down from High | -7.3 % | -2.6 % | -2.7 % | |
| Volatility (CV) | 0.027 | 0.002 | 0.002 | |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 8 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 (-8 m)
- Highest APY in the last 239 days.
- Low (-8 m)
- Lowest APY in the last 239 days.
- Draw-down from High
- How far today sits below the 8-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.
Calculate Savings Growth for Synchrony Bank vs UFB Direct
All calculations are based on APY.
Synchrony Bank
APY: 3.80%
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
Effective APY: 3.80% (based on your deposit and contributions)
Total balance: $20,305.9
Earnings: $2,305.9
Bank OverviewUFB Direct
APY: 4.10%
⚠️The higher APY only applies once your balance reaches $10,000.
Total savings breakdown:
- Interest earned: $2,469.5 (12.06%)
- Total contributions: $13,000 (63.51%)
- Initial deposit: $5,000 (24.43%)
Your total balance
$20,469.50
Effective APY: 4.05% (based on your deposit and contributions)
Total balance: $20,469.5
Earnings: $2,469.5
With a $5,000 initial deposit and $13,000 in total contributions over 5 years, Synchrony Bank's total earnings would be $163.6 lower than UFB Direct's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
More Comparisons
Compare Synchrony Bank's APY of 3.80% with other banks
Compare UFB Direct's APY of 4.10% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| UFB Direct vs Ally Bank | 3.50% | $0 |
| UFB Direct vs American Express | 3.50% | $0 |
| UFB Direct vs Bank of America | 0.01% | $100 |
| UFB Direct vs Barclays | 4.10% | $0 |
| UFB Direct vs BrioDirect | 4.30% | $5,000 |
| UFB Direct vs Capital One | 3.50% | $0 |
| UFB Direct vs Chase Bank | 0.01% | $0 |
| UFB Direct vs Chime | 3.75% | $0 |
| UFB Direct vs CIT Bank | 4.00% | $100 |
| UFB Direct vs Discover Bank | 3.50% | $0 |
| UFB Direct vs Elevault | 4.60% | $0 |
| UFB Direct vs EverBank | 4.30% | $0 |
| UFB Direct vs Fitness Bank | 4.75% | $100 |
| UFB Direct vs FVCbank | 4.35% | $500 |
| UFB Direct vs GO2bank | 4.50% | $0 |
| UFB Direct vs Marcus by Goldman Sachs | 3.65% | $0 |
| UFB Direct vs Neighbors Bank | 4.60% | $0 |
| UFB Direct vs Newtek Bank | 4.35% | $0 |
| UFB Direct vs Peak Bank | 4.35% | $100 |
| UFB Direct vs Pibank | 4.60% | $0 |
| UFB Direct vs Presidential Bank | 4.50% | $5,000 |
| UFB Direct vs Santander Bank | 0.03% | $25 |
| UFB Direct vs SoFi Bank | 4.50% | $0 |
| UFB Direct vs TIMBR | 4.40% | $1,000 |
| UFB Direct vs Varo Bank | 5.00% | $0 |
| UFB Direct vs Wells Fargo | 2.51% | $25 |
| UFB Direct vs Zynlo Bank | 4.35% | $10 |