BrioDirect: Savings Accounts & Rates

Savings rates updated: 10/1/2025

Mission statement: Banksparency aims to make BrioDirect's savings accounts transparent and comparable to those of other banks. Learn more about Banksparency.

Note: Interest rates below are reported as APY, or Annual Percentage Yield

We earn a commission if you open an account through some links on this page.

Savings Overview

High-Yield Savings Account: 4.30% APY(Rank 14 of the 20 Best Savings Rates)

Minimum Deposit: $5,000 | Online Only

National Savings Interest Rate: 0.4% (as of 9/15/2025)

Note: The FDIC tracks savings and CD rates nationally, but it does not report APY, only the average interest rate.

(Source: FDIC)

Bank Overview

Location: Jericho, New York

Founded: 2007

Affiliation: BrioDirect is the online brand of Webster Bank, N.A. (its holding company Webster Financial Corporation has been assigned this ticker symbol NYSE:WBS), and opening an account with BrioDirect will make you a Webster Bank client.

Access to Branches: None. You cannot make use of Webster Bank's branches.

Deposit Insurance: FDIC Cert # 18221

BBB Rating: B- (Not BBB Accredited)

App Store Rating: 4.7/5

Google Play Rating: 4.3/5

Website: Visit BrioDirect

Our Take on BrioDirect

Highlights

Current APY of 4.30%, unchanged from 30 days ago.
No maintenance fees, making it cost-effective.
Minimum deposit of only $5,000 to open an account.
High App Store rating of 4.7.

Considerations

B- BBB rating indicates trustworthiness concerns.
Not BBB Accredited, which may affect credibility.
Online-only access limits in-person banking options.
Minimum balance requirement of $25 to avoid fees.

Summary: BrioDirect offers a competitive APY of 4.30% for its High-Yield Savings Account, with no maintenance fees and a reasonable minimum deposit of $5,000. However, it has a B- BBB rating and is not accredited, which may concern potential savers. The bank operates online only, limiting access to physical branches. With strong app ratings, it appeals to tech-savvy users looking for a high-yield savings option.

Savings Account: In-Depth View

Savings Account Offered by BrioDirect

Feature	High-Yield Savings Account
APY	4.30% (as of 10/1/2025)
APY Trend	Stable for the last quarter
Minimum Deposit	$5,000
Minimum Balance for APY	$25
FDIC-insured	Yes
Online Only	Yes
Bundled Account	No
Direct Deposit Required	No
Compound Frequency	Daily
Maintenance Fee	$0
Eligibility	United States
Sponsored Link
No deposit agreement summary available for this bank.

Calculate Savings for BrioDirect

All calculations are based on APY.

Savings Product:

High-Yield Savings Account (APY: 4.30%)

Initial Deposit:

Recurring Deposit Amount:

Deposit Frequency:

Duration:

Total savings breakdown:

Interest earned: $2,629.4 (12.75%)
Total contributions: $13,000 (63.02%)
Initial deposit: $5,000 (24.24%)

Your total balance

$20,629.40

Effective APY: 4.30% (based on your deposit and contributions)

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

BrioDirect Savings Rates Over Time

Historical APY Insights

Metric	High-Yield Savings Account
Latest APY	4.30 %
Trend	Sideways
Slope (bps/mo)	-4.7
Rate Changes / Mo	0.63
Days Since Last Change	134
High (-9 m)	4.85 %
Low (-9 m)	4.30 %
Draw-down from High	-11.3 %
Volatility (CV)	0.032

APY Insights Glossary

Latest APY: Most recent advertised annual-percentage yield.
Trend: Direction over the last 9 months (regression slope).
Slope (bps/mo): Average monthly change; 10 bps = 0.10 pp.
Rate Changes / Mo: Typical number of APY moves per month.
Days Since Last Change: Recency of the latest APY adjustment.
High (-9 m): Highest APY in the last 288 days.
Low (-9 m): Lowest APY in the last 288 days.
Draw-down from High: How far today sits below the 9-month peak.
Volatility (CV): Coefficient of variation = stdev ÷ mean.

Why Track Savings-Account APYs?

See how quickly a bank reacts to Fed moves or competition.
Gauge “twitchiness” - frequent moves can annoy savers.
Spot if you're buying near a peak (draw-down) or riding a rise.
Slope (bps/mo) shows speed of change.
Volatility (CV) scales jumps by average level.

Compare BrioDirect's Savings Account

Affirm - 3.60% APY
All America Bank - 1.50-3.25% APY
Ally Bank - 3.40% APY
Amalgamated Bank - 2.25% APY
American Express - 3.50% APY
Ameriprise Bank - 3.15-3.15% APY
Axos Bank - 4.46% APY
Bank5 Connect - 4.05% APY
Bank of America - 0.01% APY
Barclays - 3.90-4.10% APY
Bask Bank - 4.05% APY
Betterment - 3.75% APY
BMO Alto - 3.25% APY
Bread Savings - 4.25% APY
Capital One - 3.40% APY
Carver Bank - 4.00% APY
Charles Schwab Bank - 0.15% APY
Chase Bank - 0.01% APY
Chime - 1.25-3.75% APY
CIBC Bank USA - 4.02% APY
CIT Bank - 0.25-3.85% APY
Citibank - 3.40% APY
Citizens Access™ - 3.50% APY
Colorado Federal Savings Bank - 4.15% APY
ConnectOne Bank - 3.85% APY
Customers Bank - 3.98% APY
Discover Bank - 3.40% APY
Elevault - 4.34% APY
E*TRADE from Morgan Stanley - 3.75% APY
EverBank - 4.05% APY
Evergreen Bank Group - 4.25% APY
First Foundation Bank - 4.10% APY
Fitness Bank - 4.75% APY
Flagstar Bank - 4.00% APY
FNBO Direct - 3.25% APY
Forbright Bank - 4.25% APY
FVCbank - 4.10% APY
GO2bank - 4.50% APY
High Plains Bank - 0.23-3.82% APY
Jenius Bank - 4.20% APY
LendingClub - 3.20-4.20% APY
Live Oak Bank - 4.00% APY
Marcus by Goldman Sachs - 3.65% APY
MutualOne Bank - 4.07% APY
My Banking Direct - 4.30% APY
MySavingsDirect - 3.75% APY
Neighbors Bank - 4.60% APY
Newtek Bank - 4.35% APY
OMB Bank - 1.00% APY
Openbank - 4.20% APY
Peak Bank - 4.20% APY
Pibank - 4.60% APY
PNC - 3.85% APY
Poppy Bank - 4.25% APY
Popular Direct - 4.10% APY
Presidential Bank - 4.00-4.50% APY
Prime Alliance Bank - 3.90% APY
Primis Bank - 3.85% APY
Quontic Bank - 3.75% APY
RBMAX - 3.90% APY
Rising Bank - 4.20% APY
ROGER - 3.87% APY
Salem Five Direct - 4.01% APY
Sallie Mae Bank - 3.90% APY
Santander Bank - 0.01% APY
SmartyPig - 3.90% APY
SoFi Bank - 4.50% APY
Synchrony Bank - 3.80% APY
TAB Bank - 3.80% APY
TD Bank - 0.05-3.00% APY
The State Exchange Bank - 4.11% APY
TIMBR - 4.40% APY
UFB Direct - 3.90-4.10% APY
Upgrade - 3.42% APY
Valley Direct - 4.10% APY
Varo Bank - 2.50-5.00% APY
Wells Fargo - 0.05-2.51% APY
Western Alliance Bank - 4.10% APY
Zynlo Bank - 4.35% APY

Feature	BrioDirect	Select a bank...
Product	High-Yield Savings Account	N/A
APY	4.30% (as of 10/1/2025)	N/A
Bundled Account	No	N/A
FDIC-insured	Yes	N/A
Online Only	Yes	N/A
Compound Frequency	Daily	N/A
Minimum Deposit	$5,000	N/A
Minimum Balance for APY	$25	N/A
Maintenance Fee	$0	N/A
Direct Deposit Required	No	N/A

Bank-to-Bank Comparisons

Compare BrioDirect's APY of 4.30% with other banks

Bank Pair	Competitor APY	Min Deposit
BrioDirect vs Ally Bank	3.40%	$0
BrioDirect vs American Express	3.50%	$0
BrioDirect vs Axos Bank	4.46%	$0
BrioDirect vs Bank of America	0.01%	$100
BrioDirect vs Barclays	4.10%	$0
BrioDirect vs Capital One	3.40%	$0
BrioDirect vs Chase Bank	0.01%	$0
BrioDirect vs Chime	3.75%	$0
BrioDirect vs CIT Bank	3.85%	$100
BrioDirect vs Discover Bank	3.40%	$0
BrioDirect vs Elevault	4.34%	$0
BrioDirect vs EverBank	4.05%	$0
BrioDirect vs Fitness Bank	4.75%	$100
BrioDirect vs FVCbank	4.10%	$500
BrioDirect vs GO2bank	4.50%	$0
BrioDirect vs Marcus by Goldman Sachs	3.65%	$0
BrioDirect vs Neighbors Bank	4.60%	$0
BrioDirect vs Newtek Bank	4.35%	$0
BrioDirect vs Peak Bank	4.20%	$100
BrioDirect vs Pibank	4.60%	$0
BrioDirect vs Presidential Bank	4.50%	$5,000
BrioDirect vs Santander Bank	0.01%	$25
BrioDirect vs SoFi Bank	4.50%	$0
BrioDirect vs Synchrony Bank	3.80%	$0
BrioDirect vs TIMBR	4.40%	$1,000
BrioDirect vs UFB Direct	4.10%	$5000
BrioDirect vs Varo Bank	5.00%	$0
BrioDirect vs Wells Fargo	2.51%	$25
BrioDirect vs Zynlo Bank	4.35%	$10