Additional information of Personal Savings account
The main requirement to get the Synovus Bank Personal Savings account is to be of legal age (18 years or older) and make the corresponding deposit.
This financial product includes a monthly maintenance fee of $5, which you can avoid by having a balance of $200 at the end of the statement cycle. This interest-bearing savings account gives you a small return, with interest calculated daily and transferred at the end of the month.
Although this banking instrument does not require a minimum balance, you must have at least $0.01 to receive dividends. While deposits are unlimited, debit transactions are limited to six per cycle.
Whether you use it to meet unforeseen events or to make your goals a reality, its benefits can help you:
- Up to six monthly withdrawals with no fees
- Choice of digital or paper statements
- Easy setup of transfers between your accounts
- Unlimited, no-fee transactions on the Publix Presto! and Synovus! ATM networks
- Monthly or quarterly statements if combined with your checking account
- Ability to earn a higher interest rate as you increase your deposit or investment balances
- Free use (not applicable for overnight or same day) of Bill Pay service to pay your bills online and on time.
Synovus Bank's Personal Savings account can be that financial management tool that can give you the convenience you're looking for and simplify the way you save.
However, the return it offers is very low and you may be more interested in other options such as CIT Bank's savings accounts or those offered by Axos Bank, both of which are online banks with no fees.
Español: Cuenta Personal Savings de Synovus Bank