Synovus
Quick Summary
- HSA savings account
The Verdict
Synovus provides essential HSA features with a monthly fee of $3.00 and mutual fund investing, earning a 0/5.0 rating from HSA Orbit.
What began as a textile mill in Georgia that, one day, started securing its workers’ hard-earned savings in the company vault has grown into one of the southeast’s most respected financial institutions. All these years later, that drive to help others still runs deep. It guides every decision we make, from the services we constantly innovate to the company culture we build.
We pledge to serve every customer with the highest levels of sincerity, fairness, courtesy, respect, and gratitude, delivered with unparalleled responsiveness, expertise, efficiency, and accuracy. We are in the business to create lasting relationships, and we will treat our customers like we want to be treated. We will offer the finest personal service and products delivered by caring team members who take 100% responsibility for meeting the needs of each customer.
Key Features
Banking & Access
Includes debit card, online banking and check-writing.
Investment Options
Offers mutual fund investing.
Security & Insurance
Deposits are FDIC/NCUA insured for your protection.
Account Details
No minimum balance to open. no account opening fees.
Fee Analysis
| Fee Type | This Provider | Industry Average | Verdict |
|---|---|---|---|
| Monthly Maintenance* | $3.00 | $0.69 | ABOVE AVG |
| Account Opening | $0.00 | $1.88 | EXCELLENT |
| Account Closing | $25.00 | $1.95 | ABOVE AVG |
* Account Opening Fee
Industry averages calculated from 853 providers in the HSA Orbit database.
Investment Options
Mutual Fund Investing
Access mutual fund investments through your HSA with Synovus.
- Minimum Threshold$3,500
- FeesAn investment option is available for account holders who have balances of $3,500 or more in their existing HSA. If you choose to add the investment option to your HSA, you can choose from nine Fidelity Investments® mutual funds available through Synovus Securities, Inc., our brokerage provider. The minimum initial investment for each fund is $2,500 and subsequent investments must be $100 or more.
Interest Rates
Interest rates are not currently available for this provider.
Contact Information
Address
1000 Veterans Parkway Columbus, GA, 31901 Customer Service Mailing Address P.O. 120 Columbus, GA 31902
Customer Service
1-888-796-6887
1000 Veterans Parkway Columbus, GA, 31901 Customer Service Mailing Address P.O. 120 Columbus, GA 31902
At a Glance
Pros & Cons
The Good
- •FDIC/NCUA insured deposits
The Bad
- •Monthly fee of $3.00
- •$3,500 minimum to invest
- •Interest rates not published
User Sentiment
Based on community feedback
Sentiment data coming soon
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