Synchrony Bank Money Market Account review

Synchrony Bank Money Market Account covers both checks and cash access. Synchrony says you can write checks and withdraw money online, by phone or at an ATM, checks are available on request, and the ATM card works at machines with the Plus or Accel logos in the US and overseas. Synchrony does not charge its own ATM fee and refunds other owners' fees up to $5 per statement cycle, or without limit for customers with Diamond status in its Perks rewards program. There is no minimum deposit, no minimum balance and no monthly fee, transfers to and from external banks are free, and mobile check deposits go up to $2,000 per day. We rank it seventh because the rate loads with JavaScript and did not appear in our fetch of the page, so we cannot quote a verified APY. Check the rate on Synchrony's page before you open. Outgoing wires cost $25.

Who it is for

savers who want checks and ATM access with no minimums

Price

$0 monthly fees, no minimum deposit or balance; APY loads on the page.

no minimum deposit no minimum balance no monthly fees
Quoted from the vendor pricing page on November 13, 2026.

Key features

• Write checks and withdraw online, by phone or at an ATM
• Checks available on request
• ATM card works at Plus and Accel ATMs in the US and abroad
• ATM fee refunds up to $5 per statement cycle, unlimited with Diamond status in Synchrony's Perks program
• Mobile check deposit up to $2,000 per day

Strengths and weaknesses

• Strength: No minimum deposit, no minimum balance and no monthly fees
• Strength: Synchrony charges no ATM fee of its own
• Strength: No fee for transfers to and from external banks
• Weakness: The APY did not appear in our fetch of the page, so we cannot quote it
• Weakness: Outgoing wire transfers cost $25
• Weakness: ATM fee refunds are capped at $5 per cycle without Diamond status

Key facts

• Monthly fee: $0
• Minimum deposit: $0
• Checks: Available on request
• ATM refunds: Up to $5 per statement cycle

Where it ranks

Synchrony Bank Money Market Account is No. 7 in our Best Money Market Accounts verdict.