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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
66% employees reported
Monday to Friday
61% employees reported
Flexible timing
77% employees reported
No travel
75% 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
734
4
195
3
73
2
35
1
52
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 424 Women
Rated 4.3 for Work-life balance and 4.3 for Company culture
4.4
Rated by 586 Men
Rated 4.5 for Company culture and 4.5 for Job security
Work Policy at Synchrony
based on 102 reviews in last 6 months
Permanent work from home
66%
Hybrid
25%
Work from office
9%
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 6.6k reviews | 3.7/5 based on 4.5k reviews | 3.9/5 based on 6.3k reviews |
Highly Rated for | Job security Company culture Work-life balance | Work-life balance Job security | Salary | Job security Skill development Salary |
Critically Rated for | No critically rated category | Promotions Skill development | Promotions Skill development Work satisfaction | Promotions |
Primary Work Policy | Permanent work from home 66% employees reported | Hybrid 84% employees reported | Hybrid 90% employees reported | Hybrid 61% employees reported |
Rating by Women Employees | 4.3 Good rated by 424 women | 3.9 Good rated by 2.1k women | 3.6 Good rated by 1.5k women | 3.8 Good rated by 2.2k women |
Rating by Men Employees | 4.4 Good rated by 586 men | 3.8 Good rated by 4.3k men | 3.7 Good rated by 2.8k men | 4.0 Good rated by 3.8k men |
Job security | 4.4 Good | 3.9 Good | 3.6 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
(247 salaries)
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₹5 L/yr - ₹21 L/yr
Senior Customer Service Representative
(230 salaries)
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₹2.5 L/yr - ₹6.2 L/yr
Senior Representative
(226 salaries)
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₹2.3 L/yr - ₹6.5 L/yr
Senior Associate
(148 salaries)
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₹2.9 L/yr - ₹6.5 L/yr
Customer Service Executive
(114 salaries)
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₹1.8 L/yr - ₹5.3 L/yr
Assistant Vice President
(112 salaries)
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₹13.2 L/yr - ₹44 L/yr
Customer Service Representative
(98 salaries)
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₹2 L/yr - ₹5.9 L/yr
Senior Customer Service Executive
(79 salaries)
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₹2.6 L/yr - ₹6 L/yr
Senior Fraud Analyst
(78 salaries)
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₹2.8 L/yr - ₹7.8 L/yr
Senior Specialist
(72 salaries)
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₹2.7 L/yr - ₹7 L/yr
Synchrony Jobs
Current Openings
Synchrony News
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CD, Checking, and Savings Rates Today: Maximize Your Returns
- The article discusses maximizing returns on deposits through high interest rates for savings, checking, and CD accounts as of March 28.
- It highlights top rates from various banks and institutions, such as Axos ONE Savings, LendingClub LevelUp Savings, Western Alliance Bank, CIT Bank, Forbright Growth Savings, and SoFi Checking and Savings.
- Additionally, it lists featured CD rates from Always.bank, Barclays, LendingClub, Synchrony, Discover, Bread Savings, and SkyOne Federal Credit Union.
- The article emphasizes the importance of high-yield accounts, which often offer better rates compared to traditional savings accounts, especially with online or lower-profile institutions.
- It explains how high-yield savings, checking, money market accounts, and CDs work, highlighting the benefits and considerations for each type.
- High-yield savings accounts provide security and high APY, while checking accounts serve as a hub for everyday finances and may offer rewards on debit card purchases.
- Money market accounts offer easy access to funds with tiered interest rates, and cash management accounts are a hybrid of savings and checking accounts with fewer restrictions on transfers.
- CDs require locking in money for a specific term, offering potentially higher rates than other accounts, with varying terms like 6-month, 1-year, 2-year, 3-year, and 5-year CDs.
- The article also mentions no-penalty CDs, which allow for withdrawals without fees, and discusses the benefits of different CD terms for investors with different financial goals.
- Overall, the article guides readers on choosing accounts with high APY to maximize interest earnings and make informed decisions based on their financial needs and preferences.
- For more updated information and details, readers are advised to refer to the original article on Business Insider.
Insider | 28 Mar, 2025
Synchrony: Consumers Becoming ‘More Thoughtful About Spending’
- American consumers are growing more cautious about spending.
- Purchase volumes have gone down as consumers become more thoughtful about spending.
- Signs of economic distress include consumers accumulating more debt and rising delinquencies.
- Access to credit could be tightening, with higher rejection rates and diminished credit expectations.
Pymnts | 25 Mar, 2025
CD, Checking, and Savings Rates Today: Start Earning More Interest
- High interest rates for deposits are currently available, prompting individuals to lock in favorable rates for their savings.
- The top savings rates for popular banks on March 25 include offerings from Axos ONE, LendingClub, Western Alliance Bank, CIT Bank, and Forbright Growth Savings.
- On the same date, featured CD rates were provided by institutions like Always.bank, Barclays, LendingClub, Synchrony, Discover, Bread Savings, and SkyOne Federal Credit Union.
- High-interest checking accounts such as BCU PowerPlus Checking and SoFi Checking and Savings offer attractive APYs and rewards.
- High-yield savings, checking, money market accounts, and certificates of deposit are avenues for individuals to earn competitive interest rates on their deposits.
- Online banks typically offer higher rates due to lower overhead costs, making them an attractive option for savers.
- CDs require a predetermined lock-in period, with longer terms offering higher rates but penalties for early withdrawal.
- No-penalty CDs and terms ranging from 6 months to 5 years provide various options to suit different saving goals and risk appetites.
- Investors can consider CD laddering strategies and diversifying investments across different CD terms to optimize earnings and manage risks.
- Top CD rates vary across terms, with options like 6-month, 1-year, 2-year, 3-year, and 5-year CDs catering to different investment preferences and timelines.
Insider | 25 Mar, 2025
Genpact’s Rajlakshmi Saikia joins Synchrony as VP-learning innovation, capabilities & insights
- Rajlakshmi Saikia, who previously worked at Genpact, has joined Synchrony as the VP of learning innovation, capabilities & insights.
- At Genpact, Saikia led Genome, the company's learning platform, focusing on building new-age skills and T-shaped capabilities within the organization.
- During her time at Genpact, she also led the global operations to reskill over 90,000 employees and foster digital transformation capabilities.
- Saikia brings over 11 years of experience in talent development and HR, with an MBA in HR from the Indian Institute of Planning and Management.
HRKatha | 25 Mar, 2025
CD, Checking, and Savings Rates Today: Secure Top Rates
- To help consumers find the best interest rates for their deposits, the article provides a list of top rates for popular banks, credit unions, CDs, and high-interest checking accounts as of March 24.
- For savings accounts, institutions like Axos, LendingClub, Western Alliance Bank, CIT Bank, and Forbright Growth Savings offer APYs ranging from 3.80% to 4.86%.
- In terms of CDs, Ponce Bank, Barclays, LendingClub, Synchrony, Discover, Bread Savings, and SkyOne Federal Credit Union provide rates varying from 3.80% to 4.45% for different term lengths.
- Moreover, high-interest checking account offers from BCU, SoFi, and Discover are highlighted, showcasing APYs up to 8.00% for balances up to $15,000 along with various bonuses.
- The article emphasizes that high-yield accounts, especially online or lesser-known institutions, typically offer better rates due to lower overhead costs and the desire to attract new customers.
- Various types of accounts, including high-yield savings, checking, money market, and cash management accounts, are discussed to help individuals make informed decisions based on their financial goals.
- Additionally, information on Certificates of Deposit (CDs) is provided, explaining how locking in money for a specified period offers higher interest rates, with details on terms like no-penalty CDs and different durations.
- The article also covers CD terms such as 6-month, 1-year, 2-year, 3-year, and 5-year CDs, detailing the rates and suitability for different investment strategies and financial objectives.
- Overall, the content serves as a helpful guide for individuals seeking to optimize their savings and investments by leveraging the current top rates available from various financial institutions.
- The analysis aids in understanding the benefits of different account types and terms, empowering readers to make strategic choices in maximizing their returns while managing risk.
Insider | 25 Mar, 2025
CD, Checking, and Savings Rates Today: Grow Your Savings
- Interest rates on deposit accounts are declining, prompting a need for savers to seek the best rates available.
- Tracking rates from banks and credit unions daily can provide confidence in opening new accounts with high yields.
- List of top savings rates includes offerings from Axos ONE Savings, LendingClub, Western Alliance Bank, CIT Bank, and Forbright Growth.
- Top CD rates feature options like Ponce Bank, Barclays, LendingClub, Synchrony, Discover, Bread Savings, and SkyOne Federal Credit Union.
- High-yield checking account offers include BCU PowerPlus, SoFi, Discover, and Axos ONE, providing attractive APYs and rewards.
- Online and lower-profile institutions typically offer the highest savings rates due to lower overhead costs.
- High-yield accounts include savings, checking, money market, and cash management accounts, each tailored for different financial needs.
- Certificates of Deposit (CDs) can offer the highest rates but require locking in funds for a specific period, with penalties for early withdrawal.
- CD terms vary from no-penalty CDs to 6-month, 1-year, 2-year, 3-year, and 5-year CDs, each with distinct benefits and considerations.
- Investors seeking to maximize earnings can use CDs strategically as part of a diversified investment portfolio.
Insider | 17 Mar, 2025
CD, Checking, and Savings Rates Today: Explore Today's Best Rates
- As of March 15, banks and credit unions are offering a variety of competitive interest rates on savings accounts, CDs, and checking accounts.
- Popular banks like Axos, LendingClub, Western Alliance Bank, and CIT Bank are offering high APYs on savings accounts, ranging from 4.25% to 4.86%.
- For CDs, institutions like Ponce Bank, Barclays, LendingClub, and Synchrony are providing APYs ranging from 3.80% to 4.45% for terms ranging from 3 months to 18 months.
- High interest checking accounts, such as BCU PowerPlus Checking, SoFi Checking and Savings, and Discover Cashback Debit Account, offer attractive APYs and rewards.
- Online banks typically offer higher rates on savings accounts due to lower overhead costs compared to traditional brick-and-mortar banks.
- High-yield savings accounts provide security and high APYs for shorter-term savings goals, while checking accounts act as hubs for everyday transactions.
- Money market accounts offer a middle ground between checking and savings, with tiered interest rates based on the account balance.
- Cash management accounts are savings/checking hybrids, often offered by online banks, providing easy access and unlimited transfers.
- Certificates of Deposit (CDs) offer fixed rates for predetermined terms, with the best CD rates potentially surpassing other account types for long-term savings.
- 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 horizons and risk preferences.
Insider | 15 Mar, 2025
CD, Checking, and Savings Rates Today: Maximize Your Returns
- The article discusses maximizing returns through high interest rates on CD, checking, and savings accounts as of March 7, 2025.
- Highlighted are top offers like Axos ONE Savings and Checking Bundle with up to 4.86% APY, LendingClub LevelUp Savings Account with up to 4.50% APY, and Valley National Bank High Yield Savings Account offering 4.39%.
- For CDs, rates include Ponce Bank 3 Month CD at 4.20%, Barclays 6 Month Online CD at 3.80%, and Synchrony 16 Month CD at 4.40%.
- Featured high interest checking accounts such as BCU PowerPlus Checking offering up to 8.00% APY and SoFi Checking and Savings with up to 3.80% APY are also listed.
- The article emphasizes the importance of online or lower-profile institutions for higher rates due to lower overhead costs compared to national brands.
- Different account types like high-yield savings, checking, money market, cash management, and CDs are explained for various saving and investing needs.
- CDs provide locked-in rates based on term length, with options like 6-month, 1-year, 2-year, 3-year, and 5-year CDs being discussed in detail.
- No-Penalty CDs are highlighted for better rates over traditional savings accounts, catering to those who may need early access to their funds.
- Investors seeking short-term gains, CD ladder strategies, or long-term earnings can choose CDs based on varying terms and associated interest rates.
- Overall, the article serves as a guide for individuals looking to make informed decisions on maximizing returns through different banking products and account types.
Insider | 7 Mar, 2025
Synchrony Looks to Best Rate Cut Environment With Innovation Mix
- Synchrony Financial reported a significant increase in net earnings for Q4 2024.
- The company focused on diversification and added new partner programs.
- Executives noted that interest rate cuts may impact lenders providing credit card financing.
- Synchrony's financial results showed progress in loan receivables but also declines in purchase volume.
Pymnts | 28 Jan, 2025
Synchrony Mastercard Enhances Apple Pay Experience with Flexible Payment Options
- Synchrony is enhancing the way consumers shop online and in-app with Apple Pay.
- Eligible Synchrony Mastercard holders can choose to pay with standard credit card terms or promotional offers that include fixed monthly payments.
- Customers can add their Synchrony Mastercard to Apple Wallet and select it when checking out with Apple Pay.
- Synchrony plans to expand the ability to pay with fixed monthly payments to more Apple Pay users in the future.
Alertify | 17 Jan, 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 1,000+ 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 1,000+ employee reviews on AmbitionBox.
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