Provider comparison
Sync Savings vs Stream
Side-by-side comparison from the PerkIQ directory. Cover, pricing, regulator status, and fit at a glance.
Partner
Category
Financial Wellbeing
Financial Wellbeing
Best for
Employers wanting a payroll savings benefit
Employers with hourly and shift workers
Pricing model
On request
On request
UK presence
Cardiff-based
Since 2018 (as Wagestream)
Regulator
Savings held with FCA-regulated, FSCS-protected deposit takers, including Griffin Bank (see FCA Register)
Group company FCA-authorised for consumer lending (see FCA Register)
Strapline
Sync Savings is a UK payroll savings scheme: employees save part of their pay each payday into an easy-access savings account.
Stream, formerly Wagestream, is a financial wellbeing app offering earned wage access, workplace savings and financial coaching.
What's included
- Payroll savings. Employees save from their net pay each payday, automatically, into an easy-access account.
- Open to every employee. Sync says everyone is eligible from day one, with no forms or document uploads.
- One payroll deduction. Employers add a single deduction to payroll and run payroll as normal.
- Through payroll or benefits platforms. Available through Sync's own portal or a supported payroll provider or benefits platform.
- Earned wage access. Employees access pay they have already earned before payday.
- Workplace savings. Savings for employees through the app.
- Financial coaching. Coaching to help employees with money.
- No change to payroll cycle. Works alongside the employer's existing pay dates.
At a glance
- Payroll savings from net pay
- FSCS-protected savings
- Partner bank: Griffin Bank
- Open to every employee (Sync)
- Single payroll deduction
- Formerly Wagestream
- Earned wage access
- Workplace savings
- Used by Asda, Bupa, Co-op
Pick the right one with data, not a sales pitch
Score your benefits stack with PerkIQ and you'll see which of these (or another provider entirely) closes the biggest gaps for your team.
Information on this page is editorial, gathered from public sources and the providers' own materials, and does not constitute financial advice or a recommendation. For a quote, contact each provider directly or speak to an FCA-authorised broker. PerkIQ is not a reseller and earns no commission on provider sign-ups.