Synchrony Bank vs. Vio Bank

High-Yield Savings Account Comparison

By Aviel Fahl|Last Updated: November 12, 2025

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Summary of Synchrony Bank vs. Vio Bank

Key Metrics at a Glance

FeatureSynchrony BankVio Bank
Top Savings APY

3.80%

High Yield Savings

4.21%

Online Savings Account

Minimum to Open$0$100
Minimum Balance for Top APY$0$0

Synchrony Bank

Strengths

  • Synchrony Bank has no minimum deposit requirement for its High Yield Savings account.
  • Synchrony Bank's High Yield Savings account has a competitive APY of 3.80%.
  • Synchrony Bank boasts a high App Store rating of 4.8.

Potential Drawbacks

  • Synchrony Bank is not rated by the BBB, which may raise trust concerns.

Vio Bank

Strengths

  • Vio Bank offers a higher APY of 4.21% for its Online Savings Account.
  • Vio Bank has an A+ BBB rating and is BBB Accredited.
  • Vio Bank has a lower maintenance fee if electronic statements are selected.

Potential Drawbacks

  • Vio Bank requires a minimum deposit of $100 to open an Online Savings Account.
  • Vio Bank has a lower Google Play rating of 3.3.
Summary: Vio Bank offers a higher APY of 4.21% compared to Synchrony Bank's 3.80%, and holds an A+ BBB rating. However, Vio Bank requires a $100 minimum deposit, while Synchrony Bank has no minimum deposit. Additionally, Synchrony Bank has a higher App Store rating of 4.8, but lacks a BBB rating. Both banks have no maintenance fees, but Vio Bank's fee structure varies based on statement preferences.

→ As of November 12, 2025 Synchrony Bank offers an APY of 3.80% for its High Yield Savings account, with a minimum balance of $0, compared to Vio Bank's 4.21% APY for its Online Savings Account, with a minimum balance of $0.

Vio Bank yields $41 more than Synchrony Bank on a $10,000 balance after one year. Synchrony Bank pays $380, while Vio Bank pays $421 - an APY advantage for Vio Bank.

Calculate Savings Growth for Synchrony Bank vs Vio Bank

All calculations are based on APY.

Synchrony Bank - High Yield Savings

Top 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 Overview

Vio Bank - Online Savings Account

Top APY: 4.21%

Total savings breakdown:

  • Interest earned: $2,570.8 (12.50%)
  • Total contributions: $13,000 (63.20%)
  • Initial deposit: $5,000 (24.31%)

Your total balance

$20,570.80

Effective APY: 4.21% (based on your deposit and contributions)

Total balance: $20,570.8

Earnings: $2,570.8

Bank Overview

With a $5,000 initial deposit and $13,000 in total contributions over 5 years, Synchrony Bank's total earnings would be $264.9 lower than Vio Bank's total earnings.

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

Compare Synchrony Bank's vs Vio Bank's Savings Accounts

Synchrony BankVio Bank
ProductHigh Yield SavingsvsOnline Savings Account
APY
3.80% (as of 11/12/2025)4.21% (as of 11/12/2025)
Bundled Account
NoNo
FDIC-insured
YesYes
Online OnlyYesYes
Compound Frequency
DailyDaily
Minimum Deposit$0$100
Minimum Balance for APY$0$0
Maintenance Fee$0$0, if electronic statements selected, otherwise $5
Direct Deposit Required
NoNo
App Store Rating4.8/54.6/5
Google Play Rating4.5/53.3/5
BBB RatingNot RatedA+

No historical data available.

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Compare Vio Bank's APY of 4.21% with other banks