FVCbank: Savings Account & Rates

By Aviel Fahl

Updated: 2/21/2026

Mission: Banksparency aims to make FVCbank's savings account transparent and comparable to the market.

Interest rates reported as APY

Analysis of FVCbank

Our verdict

FVCbank offers Advantage Direct Savings, a high-yield savings account paying 4.00% APY with a $500 minimum deposit.

At 4.00% APY, FVCbank pays 10x the national average (0.39%). Ranks in the top tier of 99+ accounts tracked.

Ideal User Profile

Best for: earning a top rate with no strings attached, banking without needing a branch, and quick transfers with Zelle.

Key Differentiators

Stands out with Zelle for instant transfers.

Savings Overview

Advantage Direct Savings

4.00% APY

Rate Increased

+0.15%

Since 30 days ago

Min: $500 Online Only

Min. Deposit	$500
Min. Balance	$500
Maintenance Fee	$0

Rank #22 of 99 tracked.

Market Reality Check

This bank offers rates below the current top tier. The best rates we track are currently above 4.15% APY.

See Top Rates

National Avg: 0.39% (FDIC, 1/1/2026).
Banksparency tracks live rates daily.

Bank Overview

HQ LocationFairfax, Virginia
Founded2007
Ratings & Trust
4.4iOS 3.6Android B-BBB Not BBB Accredited
Zelle® SupportAvailable
Integrated into mobile app.
Deposit InsuranceFDIC Insured(Cert: 58696)

Visit Official Website

Featured Offers

Axos ONE - High Yield Savings & Checking

Over 95,000 fee-free ATMs
Get paid up to 2 days early with Direct Deposit
One convenient app for spending & saving

FDIC Insured

Savings4.21%APY

Checking0.51%APY

Go to Axos Bank

Member, FDIC

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	$0
Min. Balance in Savings Account	$0
How to qualify for APY	OPTION ADirect Deposit $1,500+ AND Maintain $1,500+ avg daily checking balance. OR OPTION BDeposit $5,000+ total/mo AND Maintain $5,000+ avg daily checking balance.
Mobile Ratings	iOS:4.7 Android:4.6

The 4.21% APY is available with the Axos ONE savings and checking bundle. The checking account earns 0.51% APY. To qualify, you must either set up a direct deposit of $1,500 and maintain an average daily balance of more than $1,500 in your ONE Checking account, or receive at least $5,000 in total monthly qualifying deposits and maintain an average daily balance of more than $5,000.

PREMIUM ACCOUNT, GENEROUS BONUS

SponsoredVerified Feb 21, 2026

FDIC Insured

CIT Bank - Platinum Savings

Competitive APY - with a balance of $5,000+
Earn up to $300 bonus with qualifying deposit
Highly rated mobile apps

FDIC Insured

Savings3.75%APY

Up to$300Bonus

Go to CIT Bank

Member, FDIC

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	$100
Min. Balance in Savings Account	$5,000
Mobile Ratings	iOS:4.8 Android:4.7

This is a tiered savings account, where the 3.75% APY requires meeting the $5,000 balance requirement. Lower balances earn an APY of 0.25%.

EASY TRANSFERS, LOW MINIMUMS

SponsoredVerified Feb 21, 2026

FDIC Insured

Quontic High Yield Savings

Apply in 3 minutes or less
No monthly service fees
Transfer with Zelle, Apple Pay, G-Pay, and more

FDIC Insured

Savings3.50%APY

Go to Quontic Bank

Member, FDIC

View Details

Monthly Maintenance Fee	None
Min. Deposit to Savings Account	$100
Min. Balance in Savings Account	$0
Mobile Ratings	iOS:4.8 Android:4.8

Top Market Contenders

American Express

3.30% APY

vs. FVCbank

Capital One

3.30% APY

vs. FVCbank

Marcus by Goldman Sachs

3.65% APY

vs. FVCbank

Popular Peer Comparisons

SoFi Bank vs Synchrony Bank Ally Bank vs Capital One Marcus by Goldman Sachs vs Synchrony Bank Bank of America vs SoFi Bank American Express vs Discover Bank Axos Bank vs Capital One

Savings Account: In-Depth View

Savings Account Offered by FVCbank

Feature	Advantage Direct Savings
APY	4.00%Verified: 2/21/2026
APY Trend	Rate Increased +0.15% Since 30 days ago
Min. Deposit	$500
Min. Balance	$500
Monthly Fee	$0
Direct Deposit	None
Checking Bundle	No
Branch Access	None
Compounding	N/A
FDIC Insured	Yes
Eligibility	United States
Next Steps	-

Calculate Savings for FVCbank

All calculations are based on APY.

Selected Product

Advantage Direct Savings4.00% APY

Initial Deposit

Recurring Deposit

Frequency

Duration

Savings Breakdown

Interest Earned
+$1,568.10(10.1%)
Total Contributions
$13,000
Initial Deposit
$1,000

Projected Balance

$15,568.10

Effective APY

4.00%

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

FVCbank Savings Rates Over Time

Historical APY Insights

Last 11 Months

Metric	Advantage Direct Savings
Latest APY	4.00%
Trend	Falling
Slope (bps/mo)	-7.2
Rate Changes / Mo	0.80
Days Since Last Change	25
High (-11m)	4.55%
Low (-11m)	3.85%
Draw-down	-12.1%
Volatility (CV)	0.063

How to read these metrics▼

Trends & Velocity

Trend: The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
Slope (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
Rate Changes / Mo: "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.

Risk & Range

High/Low: The absolute ceiling and floor of the rate during the 339-day window.
Volatility Score: Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
Days Since Change: If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

Why track this? Understanding volatility helps you avoid "bait-and-switch" rates. A steady, rising slope is ideal; high volatility often signals a temporary teaser rate.

Compare with FVCbank

Feature	Current View FVCbank	Empty Slot
Product	Advantage Direct Savings	-
APY	4.00%Verified: 2/21/2026	-
APY Trend	Rate Increased +0.15% Since 30 days ago	-
Min. Deposit	$500	-
Monthly Fee	$0	-
Direct Deposit	No	-
Checking Bundle	No	-
Branch Access	None	-
Eligibility	United States	-
Compounding	N/A	-
FDIC Insured	Yes	-
Next Steps	-	-

Bank-to-Bank Comparisons

Compare FVCbank's APY of 4.00% with other banks

Bank Pair	Competitor APY	Min Deposit
FVCbank vs Ally Bank	3.20%	$0
FVCbank vs American Express	3.30%	$0
FVCbank vs Axos Bank	4.21%	$0
FVCbank vs Bank of America	0.01%	$100
FVCbank vs Barclays	3.85%	$0
FVCbank vs Capital One	3.30%	$0
FVCbank vs Chase Bank	0.01%	$0
FVCbank vs Chime	3.00%	$0
FVCbank vs CIT Bank	3.75%	$100
FVCbank vs Citibank	3.20%	$0
FVCbank vs Discover Bank	3.30%	$0
FVCbank vs EverBank	3.90%	$0
FVCbank vs Marcus by Goldman Sachs	3.65%	$0
FVCbank vs Newtek Bank	4.20%	$0.01
FVCbank vs Openbank	4.09%	$500
FVCbank vs Pibank	4.60%	$0
FVCbank vs SoFi Bank	4.00%	$0
FVCbank vs Synchrony Bank	3.50%	$0
FVCbank vs Varo Bank	5.00%	$0
FVCbank vs Wealthfront	3.95%	$0
FVCbank vs Wells Fargo	0.05%	$25

Alternatives to FVCbank

Banks with Higher/Similar Savings APY

For a top list of the highest savings rates, see all HYSA top rates

Wealthfront

Cash Account: 3.95% APY

Minimum Deposit: $0

Online Only

Colorado Federal Savings Bank

Premier Savings: 4.05% APY

Minimum Deposit: $50,000

Online Only

High-Yield Savings Account: 5.00% APY

Bundled Savings & Checking Account

Minimum Deposit: $0

Online Only

Direct Deposit: Min. $1,000/month

Valley Direct

High-Yield Savings Account: 4.00% APY

Minimum Deposit: $1,000

Eligible States: Limited (see details)