About Synchrony Bank
Synchrony Bank is a subsidiary of Synchrony Financial, a leading financial services company based in Stamford, Connecticut. Until 2014, Synchrony Bank was known as GE Capital Retail Bank, an extension of General Electric.
Customers who open accounts through Synchrony gain access to high-yield traditional and IRA CDs. Savings and money market accounts are offered as well. A number of credit cards, including some available at Amazon and Lenscrafters are issued by Synchrony Bank.
Synchrony Bank is ideal for consumers who are comfortable banking entirely online. You’ll also love this bank if you want a new high-yield savings account or CD. If you need to visit a branch from time to time or you want to bank through a mobile app, you should open an account at a different bank or credit union.