Fidelity (Brokerage Cash) vs Synchrony Bank
Head-to-head comparison of Fidelity Cash Management Account and Synchrony High Yield Savings, updated daily.
Synchrony Bank currently wins on APY: 4.35% vs 4.05%
| Feature | Fidelity (Brokerage Cash)Updated 1d ago | Synchrony BankUpdated 1d ago |
|---|---|---|
| APY | 4.05% | 4.35%★ |
| Min opening deposit | $0 | $0 |
| Min balance for APY | $0 | $0 |
| Monthly fee | $0.00 | $0.00 |
| Insurance | FDIC | FDIC |
| Compounding | daily | daily |
| ATM access | Yes | Yes |
| Check writing | Yes★ | No |
| Mobile app | Yes | Yes |
| Editor rating | 4.6 / 5★ | 4.2 / 5 |
Fidelity (Brokerage Cash) verdict
Fidelity's Cash Management Account is the cleanest "all-in-one" replacement for both checking and savings if you are willing to use a brokerage. The ATM fee reimbursement is industry-leading. Yield is slightly below the pure-play HYSAs but the convenience and integration usually justify it.
Read full Fidelity (Brokerage Cash) review →Synchrony Bank verdict
Synchrony is the only top-10 HYSA on our list that ships with an ATM card by default — useful if you want true cash access from a savings account. APY is competitive but not category-leading.
Read full Synchrony Bank review →