Checking or savings account -- Managing an account -- Complaint #11003538

Complaint Overview

Complaint ID: 11003538

Company: Synchrony Financial

Product: Checking or savings account

Sub-Product: Savings account

Issue: Managing an account

Sub-Issue: Deposits and withdrawals

State: Michigan

ZIP Code: 48042

Date Received: 2024-12-02T12:00:00-05:00

Date Sent to Company: 2024-12-02T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Tags: Older American

Consumer Narrative

I am able to make deposits of over {$100000.00} but they limit my withdrawl to {$25000.00} with a waiting period of 3 to 5 days to make another withdrawl. I needed a {$50000.00} withdrawl and now it could take up to 10 days to receive it. That is absurd in these days and times. The bank is SYNCHRONY BANK!!!

Frequently Asked Questions

What is Complaint #11003538 about?

Complaint #11003538 was filed against Synchrony Financial regarding Checking or savings account specifically about Managing an account. It was received by the CFPB on 2024-12-02T12:00:00-05:00.

How did Synchrony Financial respond to this complaint?

The company responded with: "Closed with explanation". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Checking or savings account) and describe your issue in detail.

Can I see other complaints against Synchrony Financial?

Yes, visit the Synchrony Financial company profile at readthecomplaint.com/company/synchrony-financial to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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