We report a perpendicular magnetic tunnel junction (pMTJ) cell with a tunnel magnetoresistance (TMR) ratio of nearly 200% at room temperature based on CoFeB/Ta/CoFeB as the free layer (FL) and a synthetic antiferromagnetic (SAF) multilayer [Pt/Co]/Ru/[Pt/Co]/Ta/CoFeB as the reference layer (RL). The field-driven magnetization switching measurements show that the pMTJs exhibit an anomalous TMR hysteresis loop. The spin-polarized layer CoFeB of SAF-RL has a lower critical switching field than that of FL. The reason is related to the interlayer exchange coupling (IEC) through a moderately thick Ta spacer layer among SAF-RLs, which generates a moderate and negative bias magnetic field on CoFeB of RL. However, the IEC among RLs has a negligible influence on the current-driven magnetization switching of FL and its magnetization dynamics.