Everything you need to know about the PayPal savings account [Yahoo! Finance]
Synchrony Financial (SYF)
Last synchrony financial earnings: 4/21 06:30 am
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investors.synchronyfinancial.com/events-and-presentations
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Source: Yahoo! Finance
When PayPal's no-fee savings accounts were first introduced, they paid customers 0.40% APY. That rate sounds negligible today, but it certainly beat the national average savings account rate of 0.09%. Fast-forward to 2024, and you can now earn 4.30% on these FDIC-insured accounts, while the national average sits at just 0.45%. What's the catch? You'll have limited access to your PayPal Savings, making it a less attractive option than most high-yield savings accounts (HYSAs). Here's a closer look at the PayPal Savings account and how it works. This embedded content is not available in your region. PayPal Savings is an online savings account available to people who have PayPal Balance accounts. To fund your PayPal savings, you can transfer money — including cash-back rewards — from your PayPal Balance account. PayPal Savings accounts are provided by Synchrony Bank, which means that, unlike the money you keep in your PayPal Balance account, your deposits can be FDIC-insured. Y
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SYF
News
- CD Rates Today: November 20, 2024—Earn Up To 5.37% [Forbes]Forbes
- Synchrony Financial (NYSE: SYF) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $64.00 to $72.50. They now have a "buy" rating on the stock.MarketBeat
- Synchrony (SYF) Up 14.4% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]Yahoo! Finance
- Here's Why Synchrony (SYF) is a Strong Value Stock [Yahoo! Finance]Yahoo! Finance
- Why Financial Stocks Like American Express, Synchrony Financial, and Huntington Bancshares Rocketed Higher Today [Yahoo! Finance]Yahoo! Finance
SYF
Earnings
- 10/16/24 - Beat
SYF
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- SYF's page on the SEC website