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Engaged Employer
Synchrony
4.3
based on 1.1k Reviews
Video summary
Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards
Company Overview
Company Locations
Working at Synchrony
Company Summary
A leading consumer financial services provider that offers customized financing solutions across various industries, leveraging technology to enhance consumer engagement and business success.
Overall Rating
4.3/5
based on 1.1k reviews
13% above
industry average
Highly rated for
Company culture, Job security, Work-life balance
Work Policy
Permanent work from home
65% employees reported
Monday to Friday
61% employees reported
Flexible timing
77% employees reported
No travel
76% employees reported
View detailed work policy
Top Employees Benefits
Office cab/shuttle
178 employees reported
Cafeteria
157 employees reported
Office gym
150 employees reported
Health insurance
143 employees reported
View all benefits
About Synchrony
Founded in1932 (93 yrs old)
India Employee Count1k-5k
Global Employee Count10k-50k
HeadquartersStamford, UnitedStates
Office Locations
Websitesynchrony.com
Primary Industry
Other Industries
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View in video summary
Synchrony (NYSE: SYF) is a premier consumer financial services company delivering customized financing programs across key industries including retail, health, auto, travel and home, along with award-winning consumer banking products. With more than $140 billion in sales financed and 80.3 million active accounts, Synchrony brings deep industry expertise, actionable data insights, innovative solutions and differentiated digital experiences to improve the success of every business we serve and the quality of each life we touch. More information can be found at www.synchrony.com and through Twitter: @Synchrony. We’ve built relationships with national and regional retailers, healthcare providers, manufacturers and more. We serve hundreds of thousands of partner locations across the U.S. and Canada, and each one is important to us. Our financial expertise spans key product areas, including apparel, electronics and appliances, home furnishings, automotive, power products and sports, jewelry and luxury, other retail, elective healthcare procedures and services, and more. Our investments in technology across multiple platforms—in-store, online and mobile—allow us to engage consumers when and where they want. Our programs and tools strengthen the relationship between our business partners and their customers, driving growth and opportunity across the board.
AmbitionBox Best Places to Work in India Awards
Best of the best, rated by employees
Synchrony won India’s Largest Employee Choice Awards in Mid-Sized Companies Category.
#19 Top Rated Mid-Sized Company
#3 Top Rated Company for Women
#3 Top Rated Financial Services Company
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Synchrony Ratings
based on 1.1k reviews
Overall Rating
4.3/5
How AmbitionBox ratings work?
5
742
4
199
3
73
2
35
1
53
Category Ratings
4.4
Company culture
4.4
Job security
4.3
Work-life balance
4.1
Skill development
4.1
Work satisfaction
3.9
Salary
3.7
Promotions
Synchrony is rated 4.3 out of 5 stars on AmbitionBox, based on 1.1k company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Synchrony
based on 1k reviews
4.3
Rated by 429 Women
Rated 4.3 for Company culture and 4.3 for Job security
4.4
Rated by 594 Men
Rated 4.5 for Company culture and 4.5 for Job security
Work Policy at Synchrony
based on 99 reviews in last 6 months
Permanent work from home
65%
Hybrid
27%
Work from office
8%
Synchrony Reviews
Top mentions in Synchrony Reviews
+ 5 more
Compare Synchrony with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.3/5 based on 1.1k reviews | 3.8/5 based on 6.8k reviews | 3.9/5 based on 6.5k reviews | 3.9/5 based on 5.1k reviews |
Highly Rated for | Job security Company culture Work-life balance | Work-life balance Job security | Job security Skill development Salary | Job security Work-life balance Company culture |
Critically Rated for | No critically rated category | Promotions Skill development | Promotions | Promotions |
Primary Work Policy | Permanent work from home 65% employees reported | Hybrid 83% employees reported | Hybrid 58% employees reported | Hybrid 86% employees reported |
Rating by Women Employees | 4.3 Good rated by 429 women | 3.9 Good rated by 2.1k women | 3.8 Good rated by 2.2k women | 3.8 Good rated by 1.6k women |
Rating by Men Employees | 4.4 Good rated by 594 men | 3.8 Good rated by 4.5k men | 4.0 Good rated by 3.9k men | 4.0 Good rated by 3.2k men |
Job security | 4.4 Good | 3.9 Good | 4.0 Good | 4.0 Good |
View more
Synchrony Salaries
Synchrony salaries have received with an average score of 3.9 out of 5 by 1.1k employees.
Senior Analyst
(243 salaries)
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₹5 L/yr - ₹20.7 L/yr
Senior Customer Service Representative
(232 salaries)
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₹2.5 L/yr - ₹6.2 L/yr
Senior Representative
(224 salaries)
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₹2.8 L/yr - ₹6.5 L/yr
Senior Associate
(145 salaries)
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₹2.9 L/yr - ₹6.5 L/yr
Customer Service Executive
(115 salaries)
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₹2 L/yr - ₹6 L/yr
Assistant Vice President
(108 salaries)
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₹16 L/yr - ₹44 L/yr
Customer Service Representative
(98 salaries)
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₹1.8 L/yr - ₹6 L/yr
Senior Specialist
(85 salaries)
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₹2.4 L/yr - ₹7 L/yr
Senior Customer Service Executive
(77 salaries)
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₹2.6 L/yr - ₹6 L/yr
Senior Fraud Specialist
(71 salaries)
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₹2.9 L/yr - ₹7 L/yr
Synchrony Interview Questions
Interview questions by designation
Top Synchrony interview questions and answers
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Synchrony Jobs
Current Openings
Synchrony News
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CD, Checking, and Savings Rates Today: Maximize Your Returns
- The article discusses maximizing returns through high interest rates for deposits, providing a list of top rates for popular banks as of April 25.
- It highlights high-yield savings accounts, CDs, and checking accounts offering competitive APYs, such as LendingClub LevelUp Savings, Bright Growth Savings, and Western Alliance Bank High Yield Savings Account.
- Various CD rates are presented, including Western Alliance Bank 3 Month CD, Barclays 6 Month Online CD, and Synchrony 13 Month CD among others, as of April 25.
- The article emphasizes the benefits of high-yield accounts, particularly online banks offering favorable rates due to lower overhead costs.
- It provides insights on how high-yield savings accounts, checking accounts, money market accounts, and cash management accounts work and how they can offer higher interest rates.
- Explanation about CDs, including types like no-penalty CDs, 6-month CDs, 1-year CDs, 2-year CDs, 3-year CDs, and 5-year CDs are detailed in terms of interest rates and lock-in periods.
- Investors are advised to carefully consider their options to maximize their earnings, with the article stressing the importance of securing favorable rates for long-term gains.
- Overall, the article serves as a guide for individuals looking to make informed decisions about high-interest accounts to optimize their savings and returns.
Insider | 25 Apr, 2025
Savings, CD, and Checking Account Interest Rates Today: Earn Over 4% APY
- As of April 23, some banks are offering high interest rates on savings accounts, CDs, and checking accounts.
- Top savings account rates include LendingClub LevelUp Savings Account at up to 4.40% APY and Forbright Growth Savings at 4.25% APY.
- For CDs, options like Western Alliance Bank 3 Month CD at 4.30% and Synchrony 13 Month CD at 4.35% offer competitive rates.
- High-interest checking accounts like BCU PowerPlus Checking and SoFi Checking and Savings offer up to 8.00% APY and a $300 bonus, respectively.
- High-yield accounts like savings, checking, money market, and cash management accounts provide competitive interest rates compared to traditional accounts.
- CDs require locking in money for a set period, with options ranging from 6 months to 5 years.
- No-Penalty CDs, 6-month CDs, 1-year CDs, 2-year CDs, 3-year CDs, and 5-year CDs offer varying rates and lock-in periods to suit different savings goals.
- High-yield accounts are often offered by online banks with lower overhead costs, allowing them to offer higher interest rates to attract customers.
- Choosing a high-yield account can significantly increase interest earnings compared to traditional accounts, especially for long-term savings goals.
- Consider factors like interest rates, account types, and lock-in periods when choosing the right high-yield account for your savings.
Insider | 23 Apr, 2025
Synchrony CEO: Credit Metrics Strong as Consumers ‘Are Being Disciplined’
- Consumers are pulling back on spending, particularly for larger ticket items and have taken steps to pare down their credit card debt.
- Synchrony Financial's first-quarter results revealed a 4% decline in purchase volumes on the company's cards to $40.7 billion.
- Customers remain selective in their discretionary spending, especially in categories like furniture, jewelry, outdoor, dental, and cosmetics.
- Despite the uncertainties, consumers are managing their spending needs and payment obligations responsibly amidst a persistent inflationary environment.
Pymnts | 22 Apr, 2025
CD, Checking, and Savings Rates Today: Start Earning More Interest
- High interest rates for deposits are at risk of decreasing, prompting individuals to secure the best rates to earn from savings.
- Top rates for popular banks on April 22, including LendingClub, Forbright, Western Alliance Bank, CIT Bank, Synchrony, and SoFi.
- Featured CD rates as of April 22 include Western Alliance Bank, Barclays, Synchrony, Discover, Bread Savings, and UNCLE Credit Union.
- Various high interest checking account offers are available such as BCU PowerPlus, SoFi Checking and Savings, Discover Cashback Debit Account, and Axos ONE Savings and Checking Bundle.
- High-yield savings accounts, high-yield checking accounts, money market accounts, cash management accounts, and certificates of deposit (CDs) are highlighted as beneficial options based on different needs and circumstances.
- CD terms like no-penalty CDs, 6-month CDs, 1-year CDs, 2-year CDs, 3-year CDs, and 5-year CDs are explained, along with their respective benefits for savers.
- Locking in money with a CD could provide attractive interest rates, with the best no-penalty CDs offering rates higher than high-yield savings accounts.
- Investors may consider CD options based on their financial goals, risk tolerance, and timeframe, with CD laddering being a popular strategy for maximizing returns.
- High-yield accounts are often found at online or lower-profile institutions due to lower costs, making them appealing for individuals seeking increased interest earnings on their savings.
- Individuals are encouraged to compare rates and terms across different banking products to make informed decisions for optimizing their savings potential.
Insider | 22 Apr, 2025
CD, Checking, and Savings Rates Today: Grow Your Savings
- As interest rates on deposit accounts continue to drop, it's essential to ensure you're maximizing your savings by choosing accounts with the highest rates.
- Top rates for popular banks as of April 20: LendingClub LevelUp Savings up to 4.40%, Forbright Growth Savings 4.25%, Western Alliance Bank High Yield Savings Account 4.25% with a $250 sign-up bonus, CIT Bank Platinum Savings 4.10% with up to $300 bonus, and Synchrony High Yield Savings Account 4.00%.
- Featured CD rates include Western Alliance Bank 3 Month CD at 4.30%, Barclays 6 Month Online CD at 3.80%, LendingClub 10 Month CD at 4.00%, Synchrony 13 Month CD at 4.35%, Discover 18 Month CD at 3.80%, Bread Savings 2 Year High-Yield CD at 4.00%, and UNCLE Credit Union 3 Year CD at 4.20%.
- High-interest checking account offers include BCU PowerPlus Checking with up to 8.00% APY, SoFi Checking and Savings with up to $300 bonus and 3.80% APY, Discover Cashback Debit Account with 1% cash back, and Axos ONE Savings and Checking Bundle with 4.66% APY on savings.
- Choosing a high-yield savings account offering above the average 0.41% APY can significantly increase your earnings, with some accounts providing up to 8 times more interest.
- High-yield accounts are commonly found at online or smaller institutions due to lower overhead costs, and they may offer better rates compared to traditional brick-and-mortar banks.
- Besides high-yield savings accounts, options like high-yield checking, money market accounts, and certificates of deposit (CDs) provide different ways to save and grow your money at higher rates.
- CDs require locking in funds for a specified term, with options like no-penalty CDs, 6-month CDs, 1-year CDs, 2-year CDs, 3-year CDs, and 5-year CDs offering varying rates and terms to suit different savings goals.
- Choosing the right high-interest savings or CD account can lead to significant interest earnings over time, providing a safe and secure way to grow your savings.
- Consider factors like term length, withdrawal penalties, and interest rates when selecting a CD to align with your financial objectives and risk tolerance.
Insider | 21 Apr, 2025
Internship season is here. Glassdoor says these are the 10 best internships of 2025.
- Glassdoor has published a list of the best internships of 2025.
- More than half of the top internships are in the tech industry, with representation from consulting, finance, and biotech.
- The list includes companies like LinkedIn, Synchrony, Microsoft, McKinsey & Company, Genentech, Uber, AMD, NVIDIA, Capital One, and EY - Parthenon.
- The ranking was determined based on factors like median salary, overall review rating, and workplace factors.
Insider | 17 Apr, 2025
CD, Checking, and Savings Rates Today: Supercharge Your Savings
- The article highlights the importance of securing high interest rates for savings accounts, CDs, and checking accounts before they decrease.
- Offering a comparison of rates from various banks and credit unions, the article presents top rates for different accounts as of April 17.
- Highlighted savings rates include LendingClub LevelUp Savings Account at up to 4.40%, Forbright Growth Savings at 4.25%, and Western Alliance Bank High Yield Savings Account at 4.25% APY.
- Featured CD rates include Western Alliance Bank 3 Month CD at 4.30%, Barclays 6 Month Online CD at 3.80%, and Synchrony 13 Month CD at 4.35%.
- The article emphasizes the potential benefits of high-yield savings accounts, CDs, and high-yield checking accounts that pay significantly higher interest rates than traditional accounts.
- It explains how opting for high-yield accounts can lead to substantial interest earnings compared to standard accounts, especially when considering compounding interest.
- Advice on choosing the best type of account based on individual financial goals and needs is provided, such as high-yield savings vs. checking accounts or money market accounts.
- Insights on certificates of deposit (CDs) are shared, including the benefits of locking in money for higher fixed interest rates and different CD terms available.
- Information on no-penalty CDs, 6-month CDs, 1-year CDs, 2-year CDs, 3-year CDs, and 5-year CDs is covered, detailing the interest rates and suitability for various investment strategies.
- The article concludes with a reminder of the importance of understanding CD terms and the potential of CDs as safe investment options with favorable long-term rates.
Insider | 17 Apr, 2025
Savings, CD, and Checking Account Interest Rates Today: Earn Over 4% APY
- As interest rates on deposits are rapidly changing, it is essential to ensure you are getting the best rates by monitoring daily rate updates from banks and credit unions.
- Top rates for popular banks on April 16 include: LendingClub LevelUp Savings Account at up to 4.40% APY, Cit Bank Platinum Savings at 4.10% APY, and Synchrony High Yield Savings Account at 4.00% APY.
- Nationally available CD rates as of April 15 include Western Alliance Bank 3 Month CD at 4.30% APY and Bread Savings 2 Year High-Yield CD at 4.00% APY.
- High-interest checking accounts like BCU PowerPlus Checking and SoFi Checking offer up to 8.00% and 3.80% APY, respectively.
- High-yield accounts, including savings, checking, money market accounts, and CDs, are best obtained from online or lower-profile institutions known for paying higher rates to attract customers.
- By choosing a high-yield savings account over a typical account, you can significantly increase the interest earned without additional effort, making it a worthwhile consideration for short-term financial goals.
- Cash management accounts, like savings/checking hybrids, offer unlimited transfers and debit card access, while CDs offer locked-in higher rates for predetermined terms ranging from three months to five years.
- Different CD terms like no-penalty CDs, 6-month CDs, 1-year CDs, 2-year CDs, 3-year CDs, and 5-year CDs cater to varying investment needs with increasingly higher rates for longer lock-in periods.
- Considering options like no-penalty CDs, 1-year CDs, and 2-year CDs can benefit those interested in short-term gains or building CD ladder strategies for diversified investments.
- Choosing the right high-yield account or CD term can offer considerable earnings compared to traditional savings accounts, especially in fluctuating rate environments.
Insider | 16 Apr, 2025
CD, Checking, and Savings Rates Today: Start Earning More Interest
- High interest rates for deposits are on the decline, prompting consumers to seek the best rates available for their savings.
- Monitoring rates from banks and credit unions daily can help individuals secure high rates before a potential decrease.
- Top rates for popular banks include offerings from LendingClub, Forbright, Western Alliance Bank, CIT Bank, and Synchrony.
- Featured CD rates from Western Alliance Bank, Barclays, LendingClub, Synchrony, Discover, Bread Savings, and UNCLE Credit Union are also available.
- Featured high-interest checking accounts like BCU PowerPlus Checking and SoFi Checking and Savings offer competitive rates and rewards.
- High-yield savings accounts, checking accounts, money market accounts, cash management accounts, and certificates of deposit all offer various benefits and interest rates to consider.
- Earning potential with high-yield accounts can significantly outweigh traditional savings accounts, making them worth the consideration.
- Factors such as online vs. brick-and-mortar institutions, account accessibility, and account terms play a role in choosing the right account for saving and earning interest.
- Certificates of Deposit (CDs) have varying terms, including options like no-penalty CDs, 6-month CDs, 1-year CDs, 2-year CDs, 3-year CDs, and 5-year CDs with different rates and lock-in periods.
- CDs are considered secure investment vehicles, offering the potential for significant earnings over time, especially when locking in favorable rates.
Insider | 15 Apr, 2025
CD, Checking, and Savings Rates Today: Secure Top Rates
- To find the best interest rates for savings, monitoring rates from banks and credit unions daily is recommended.
- Locking in high rates before APYs decline is advised for maximizing savings growth.
- Top rates for various accounts on April 14 include LendingClub LevelUp Savings at up to 4.40% APY and Forbright Growth Savings at 4.25%.
- For CDs, options like Western Alliance Bank 3 Month CD offer 4.30% APY, and Synchrony 13 Month CD offers 4.35% APY.
- High interest checking accounts like BCU PowerPlus Checking and SoFi Checking offer up to 8.00% APY and $300 bonus, respectively.
- High-yield savings accounts, high-yield checking accounts, money market accounts, and cash management accounts are all beneficial for earning higher interest.
- CDs, like the best no-penalty CDs and 6-month CDs, provide attractive interest rates for various term lengths.
- Consider long-term CDs such as 3-year or 5-year CDs for locking in favorable rates for extended periods.
- Opting for online banks or credit unions can often lead to higher rates due to lower overhead costs.
- Choosing accounts with APYs exceeding the average 0.41% can significantly increase interest earnings.
Insider | 14 Apr, 2025
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Synchrony FAQs
When was Synchrony founded?
Synchrony was founded in 1932. The company has been operating for 93 years primarily in the Financial Services sector.
Where is the Synchrony headquarters located?
Synchrony is headquartered in Stamford and has an office in Hyderabad / Secunderabad
How many employees does Synchrony have in India?
Synchrony currently has more than 4,900+ employees in India. Customer Success, Service & Operations department appears to have the highest employee count in Synchrony based on the number of reviews submitted on AmbitionBox.
Does Synchrony have good work-life balance?
Synchrony has a work-life balance rating of 4.3 out of 5 based on 1,100+ employee reviews on AmbitionBox. 85% employees rated Synchrony 4 or above on work-life balance. This rating reflects the company's efforts to help employees maintain a healthy balance between their personal and professional lives. We encourage you to read Synchrony work-life balance reviews for more details
Is Synchrony good for career growth?
Career growth at Synchrony is rated fairly well, with a promotions and appraisal rating of 3.7. 85% employees rated Synchrony 4 or above, while 15% employees rated it 3 or below on promotions/appraisal. Though the sentiment is mixed for career growth, majority employees have rated it positively. We recommend reading Synchrony promotions/appraisals reviews for more detailed insights.
What are the pros of working in Synchrony?
Working at Synchrony offers several advantages that make it an appealing place for employees. The company is highly rated for company culture, job security and work life balance, based on 1,100+ employee reviews on AmbitionBox.
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