Synchrony Bank vs. Wealthfront
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of Synchrony Bank vs. Wealthfront
Key Metrics at a Glance
| Feature | Synchrony Bank | Wealthfront |
|---|---|---|
| Top Savings APY | 3.80% High Yield Savings | 4.15% Cash Account |
| Minimum to Open | $0 | $0 |
| Minimum Balance for Top APY | $0 | $0 |
| Note | Wealthfront is not a bank but a financial services company. It is FDIC-insured through its many partner banks. New clients get an APY of 4.15% for 3 months, after which the 3.50% APY applies. See terms at Wealthfront. |
Synchrony Bank
Strengths
- Synchrony Bank offers a consistent APY of 3.80%, unchanged from 30 days ago.
- No minimum deposit or balance requirements for Synchrony Bank's High Yield Savings account.
- Synchrony Bank has a solid App Store rating of 4.8.
Potential Drawbacks
- Synchrony Bank is not rated by the BBB, which may raise trust concerns.
Wealthfront
Strengths
- Wealthfront provides a higher introductory APY of 4.15% for new clients.
- Wealthfront has an excellent Google Play rating of 4.9.
Potential Drawbacks
- Wealthfront has an F rating from the BBB and is not BBB accredited.
- After three months, Wealthfront's APY drops to 3.50%, lower than Synchrony's.
→ 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 Wealthfront's 4.15% APY for its Cash Account, with a minimum balance of $0.
→ Wealthfront yields $35 more than Synchrony Bank on a $10,000 balance after one year. Synchrony Bank pays $380, while Wealthfront pays $415 - an APY advantage for Wealthfront.
Calculate Savings Growth for Synchrony Bank vs Wealthfront
Synchrony 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 OverviewWealthfront - Cash Account
Total savings breakdown:
- Interest earned: $2,531.8 (12.33%)
- Total contributions: $13,000 (63.32%)
- Initial deposit: $5,000 (24.35%)
Your total balance
$20,531.80
Total balance: $20,531.8
Earnings: $2,531.8
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Synchrony Bank's total earnings would be $225.9 lower than Wealthfront's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Synchrony Bank's vs Wealthfront's Savings Accounts
| Synchrony Bank | Wealthfront | ||
|---|---|---|---|
| Product | High Yield Savings | vs | Cash Account |
| APY | 3.80% (as of 11/12/2025) | 3.50% - 4.15% (as of 11/12/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | Daily | |
| Minimum Deposit | $0 | $0 | |
| Minimum Balance for APY | $0 | $0 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| Note | Wealthfront is not a bank but a financial services company. It is FDIC-insured through its many partner banks. New clients get an APY of 4.15% for 3 months, after which the 3.50% APY applies. See terms at Wealthfront. | ||
| App Store Rating | 4.8/5 | 4.8/5 | |
| Google Play Rating | 4.5/5 | 4.9/5 | |
| BBB Rating | Not Rated | F |
No historical data available.