Synchrony Bank vs. UFB Direct
Comparing Synchrony Bank and UFB Direct for high-yield savings: Synchrony Bank's High Yield Savings pays 3.30% APY while UFB Direct's UFB Checking and Savings Bundle pays 3.46% APY.
Note: UFB Direct requires a checking account.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? UFB Direct pays $16 more than Synchrony Bank annually ($346 vs $330).
Choose Synchrony Bank if you want a no-strings-attached account. Choose UFB Direct if getting the best rate matters most.
Important Considerations
UFB Direct requires a checking account to unlock its top savings rate, while Synchrony Bank offers its savings account standalone.
| Metric | Synchrony BankHigh Yield Savings Jun 22, 2026 | UFB DirectUFB Checking and Savings Bundle Jun 16, 2026 |
|---|---|---|
| APY | 3.30% | 3.26% - 3.46% |
Est. Earnings | $5,000+$165 $10,000+$330 $25,000+$825 | $5,000+$163 $10,000+$346 $25,000+$865 |
Min Deposit | $0 | $5000 |
Snapshot view. Rates subject to change. | ||
Terms | - | The regular savings or money market APY may be boosted up to 3.46% by direct deposits, minimum balance of $10,000 and making 10 approved debit card transactions per statement cycle. The checking account earns 2% APY. See bank for full details. |
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDaily CompoundingRate Changes Often | FDIC InsuredHigh MinimumGreat iOS AppGreat Android AppDirect Deposit ReqChecking BundleDaily CompoundingRate Changes Often |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.15% APY.
Comparison Analysis
Comparing Synchrony Bank vs. UFB Direct
Executive Summary
Synchrony Bank offers a High Yield Savings account with a competitive APY of 3.30%, which is available online with no minimum deposit or maintenance fees. In comparison, UFB Direct's UFB Portfolio Savings account has a slightly lower APY of 3.26%, but their UFB Checking and Savings Bundle provides a higher APY of 3.46% for customers who meet certain conditions, including a minimum balance of $10,000 and making 10 approved debit transactions monthly. Both banks do not require direct deposits for their savings accounts, and both are online-only. Overall, UFB Direct's bundle offers superior returns for those who can meet the requirements.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why Synchrony Bank?
No distinct advantages found vs UFB Direct.
Why UFB Direct?
- ✓Offers 2.00% APY on Checking Account in addition to the savings APY
- ✓Access to over 90,000 fee-free ATMs
- ✓Higher potential APY (3.26%-3.46% vs 3.30%) (requires checking bundle & direct deposit)
- ✓Offers 2 different high-yield savings options
— Key Feature Differences —
Better Returns at $10,000
UFB DirectUFB Direct's UFB Checking and Savings Bundle earns more on smaller deposits (approx. $346 vs $330/yr).
Better Returns at $25,000
UFB DirectUFB Direct's UFB Checking and Savings Bundle pulls ahead with larger amounts (approx. $865 vs $825/yr).
Best for All-in-One Banking
UFB DirectUFB Direct's UFB Checking and Savings Bundle pays a superior APY for customers who also open a checking account.
Shared Benefits
Over a 1-year period, UFB Direct's UFB Checking and Savings Bundle pays $16 more interest on a $10,000 balance than Synchrony Bank's High Yield Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Synchrony Bank vs. UFB Direct Savings Calculator
You earn $16 more with UFB Direct than Synchrony Bank on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
Synchrony Bank
High Yield Savings
Savings Breakdown
- Interest Earned+$330.00(3.2%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,330.00
UFB Direct
UFB Checking and Savings Bundle
Savings Breakdown
- Interest Earned+$346.00(3.3%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,346.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still banking with Chase, Bank of America, or Wells Fargo?
On a $10,000 balance, you're missing out on at least $329 per year in interest.
Both Synchrony Bank and UFB Direct dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | Synchrony Bank | UFB Direct |
|---|---|---|
| APY | 3.30% Verified: 6/22/2026 ↘︎ 0.20%90d Change | 3.46% Range: 3.26% - 3.46% Verified: 6/16/2026 Stable (90d) |
| Product Name | High Yield Savings | UFB Checking and Savings Bundle |
| Minimum Deposit | $0 | $5000 |
| Min. Balance for APY | $0 | $10,000 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Daily | Daily |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Physical Branches | N/A | None |
| Direct Deposit Req. | None | Required |
| Checking Bundle | No | Yes |
| Mobile Apps | ||
| FDIC Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Not Supported | Not Supported |
| BBB Rating | Not Rated | A+ |
| Important Notes | - | The regular savings or money market APY may be boosted up to 3.46% by direct deposits, minimum balance of $10,000 and making 10 approved debit card transactions per statement cycle. The checking account earns 2% APY. See bank for full details. |
| Next Steps | Visit SiteVerify at Synchrony Bank Non-sponsored link to official site | Visit SiteVerify at UFB Direct Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Synchrony Bank | UFB Direct | |
|---|---|---|---|
| High Yield Savings | UFB Checking and Savings Bundle | UFB Portfolio Savings | |
Current APY | 3.30% | 3.46% | 3.26% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -4.4 | -8.1 | -8.1 |
Days Since Change | 0 | 161 | 161 |
12-Month High | 3.80% | 4.21% | 4.01% |
12-Month Low | 3.30% | 3.46% | 3.26% |
Adjustments / Mo | 0.33 | 0.41 | 0.41 |
Volatility Score | 0.044 | 0.081 | 0.086 |
How to read these metrics(Click to expand)
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More Comparisons
Compare Synchrony Bank's APY of 3.30% with other banks
Compare UFB Direct's APY of 3.46% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| UFB Direct vs Ally Bank | 3.10% | $0 |
| UFB Direct vs American Express | 3.10% | $0 |
| UFB Direct vs Axos Bank | 4.21% | $0 |
| UFB Direct vs Barclays | 3.75% | $0 |
| UFB Direct vs Capital One | 3.00% | $0 |
| UFB Direct vs Chime | 3.00% | $0 |
| UFB Direct vs CIT Bank | 3.75% | $100 |
| UFB Direct vs Discover Bank | 3.30% | $0 |
| UFB Direct vs EverBank | 3.90% | $0 |
| UFB Direct vs Marcus by Goldman Sachs | 3.40% | $0 |
| UFB Direct vs Newtek Bank | 4.20% | $0.01 |
| UFB Direct vs Openbank | 4.00% | $500 |
| UFB Direct vs Pibank | 4.40% | $0 |
| UFB Direct vs SoFi Bank | 3.80% | $0 |
| UFB Direct vs Varo Bank | 5.00% | $0 |
| UFB Direct vs Wealthfront | 4.20% | $0 |