Pibank vs. Synchrony Bank
Pibank's Pibank Savings pays 4.10% APY while Synchrony Bank's High Yield Savings pays 3.30% APY.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? Pibank pays $80 more than Synchrony Bank annually ($410 vs $330).
Choose Pibank if getting the best rate matters most, or choose Synchrony Bank if mobile app quality matters.
| Metric | PibankPibank Savings Sep 11, 2026 | Synchrony BankHigh Yield Savings Sep 11, 2026 |
|---|---|---|
| APY | 4.10% | 3.30% |
Earns in a year | $5,000+$205 $10,000+$410 $25,000+$1,025 | $5,000+$165 $10,000+$330 $25,000+$825 |
Min. Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredNo MinimumsDaily CompoundingStable Rate | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDaily CompoundingRate Changes Often |
Prefer In-Person Banking?
Both of these institutions are online-only. If you need in-branch access, check out our list of savings accounts with brick-and-mortar locations.
Comparison Analysis
Comparing Pibank vs. Synchrony Bank
Executive Summary
Pibank offers a competitive high-yield savings product, the Pibank Savings, with an APY of 4.10%, which stands out as the highest rate compared to Synchrony Bank's High Yield Savings account, which offers a lower APY of 3.30%. Pibank's savings account has no direct deposit requirement and is available online, making it a straightforward option for savers. In contrast, Synchrony Bank provides additional savings products, including a Money Market Account and an IRA Money Market Account, both yielding 2.00%. However, the primary focus remains on Pibank's superior APY for those seeking higher returns.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why Pibank?
- Higher potential APY (4.10% vs 3.30%) on all balances
- No checking account or direct deposit required
Why Synchrony Bank?
- Higher rated iOS app (4.8 vs 2.1)
- Higher rated Android app (4.6 vs 1.8)
Key Feature Differences
Better Returns at $10,000
PibankPibank's Pibank Savings earns more on smaller deposits (approx. $410 vs $330/yr).
Better Returns at $25,000
PibankPibank's Pibank Savings pulls ahead with larger amounts (approx. $1025 vs $825/yr).
Better for Simplicity
PibankPibank's Pibank Savings offers 4.10% APY with no bundling, direct deposit requirement or caps.
Better Mobile App Experience
Synchrony BankSynchrony Bank offers an iOS app rated 4.8 (vs. 2.1) and Android app rated 4.6 (vs. 1.8)
Shared Benefits
Over a 1-year period, Pibank's Pibank Savings pays $80 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
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Pibank vs. Synchrony Bank Savings Calculator
You earn $80 more with Pibank 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.
Pibank
Pibank Savings
Savings Breakdown
- Interest Earned+$410.00(3.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,410.00
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
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still at a large branch bank?
A typical branch-bank savings rate is 0.05% APY. On a $10,000 balance, the gap to these two banks is at least $325 a year in interest.
Both Pibank and Synchrony Bank advertise far more than that typical branch-bank rate.
| Feature | Pibank | Synchrony Bank |
|---|---|---|
| APY | 4.10% Observed: 9/11/2026 0.30%90-day change | 3.30% Observed: 9/11/2026 0.10%90-day change |
| Product Name | Pibank Savings | High Yield Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0.01 | $0 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Daily | Daily |
| In-Branch Access | No | No |
| Account Type | Online Only | Online Only |
| Physical Branches | Not reported | 2 (FL, UT) |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC or NCUA Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Not Supported | Not Supported |
| BBB Rating | A+ | Not Rated |
| Next Steps | Visit SiteVerify at Pibank Non-sponsored link to official site | Visit SiteVerify at Synchrony Bank Non-sponsored link to official site |
Compare Savings Rates Over Time
Historical Performance
| Metric | Pibank | Synchrony Bank |
|---|---|---|
| Pibank Savings | High Yield Savings | |
Current APY | 4.10% | 3.30% |
Trend | Stable | Stable |
Speed of change | -0.03 | -0.05 |
Days Since Change | 70 | 85 |
12-Month High | 4.60% | 3.80% |
12-Month Low | 4.10% | 3.30% |
Changes per month | 0.16 | 0.33 |
Steadiness | 0.014 | 0.028 |
How to read these metrics(Click to expand)
Trends and speed
- Trend: The general direction of the rate over the analyzed period. Useful for seeing whether a bank is raising its rate or letting it slip.
- Speed of change: How fast the rate moves. A high positive number means they raise rates quickly. A reading of 0.10 is a tenth of a percentage point each month.
- Changes per month: How often the rate moves. A high number means it changes constantly; a low number means it holds.
Risk & Range
- High/Low: The absolute ceiling and floor of the rate during the 364-day window.
- Steadiness: How far the rate swings around its average. A lower score means a steadier, more predictable rate.
- Days Since Change: A high number, for example above 90, means the rate rarely moves. A low number means it changed recently.
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High Rates (With Checking Bundle)
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