Synchrony Bank High Yield Savings (4.75% APY)

Synchrony Bank consistently offers one of the highest HYSA rates available and is worth including for the rate alone: 4.75% APY with no minimum balance, no monthly fee, and no rate tiers. Synchrony is primarily known as a private label credit card issuer (they power store credit cards for Amazon, PayPal, and major retailers), but their banking division has $16 billion in deposits and full FDIC insurance. The consumer experience is functional but basic — the app and web interface are utilitarian compared to Ally or Marcus. Customer service receives average reviews. The argument for Synchrony: if rate maximization is your only priority and you do not need account management features, Synchrony delivers near-best rates from a regulated FDIC institution with a 90-year history.