Jenius Bank

Last Updated: 7/1/2025

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

Quick Views

Jenius Savings: 4.20% APY(Rank 32 out of 76 tracked HYSAs)

Minimum Deposit: $0 | Online Only

National Savings Interest Rate: 0.38% (as of 6/16/2025)

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: Los Angeles, California

Founded: 2023

Affiliation: Jenus Bank is the digital banking division of SMBC MANUBANK and a member of the Sumitomo Mitsui Banking Corporation, Inc., initialed SMBC Group (NYSE: SMFG).

Access to Branches: None

BBB Rating: A+ (Not BBB Accredited)

App Store Rating: 4.2/5

Google Play Rating: 3.8/5

Website: Visit Jenius Bank

Our Take on Jenius Bank

Highlights

  • Current APY of 4.20% is competitive for savings accounts.
  • No minimum deposit or balance requirements.
  • No maintenance fees for the savings account.
  • Strong BBB rating of A+.

Considerations

  • No physical branches available for in-person banking.
  • Not BBB Accredited, which may raise concerns.
  • Requires direct deposit for listed APY, limiting accessibility.
  • Google Play rating is lower at 3.8.
Summary: Jenius Bank offers a high-yield savings account with a competitive APY of 4.20%, no minimum deposit, and no maintenance fees. However, it operates online only, lacks physical branches, and is not BBB Accredited, which could deter some savers. The requirement for direct deposit to qualify for the APY may also limit account accessibility. Customer ratings vary, with a solid App Store rating of 4.2 but a lower Google Play rating of 3.8.

Savings Account

Savings Account Offered by Jenius Bank

FeatureJenius Savings
APY
4.20% (as of 7/1/2025)
APY TrendStable for the last month
Minimum Deposit$0
Minimum Balance for APY$0
FDIC-insured
Yes
Online OnlyYes
Bundled Account
No
Direct Deposit Required
No
Compound Frequency
Daily
Maintenance Fee$0
EligibilityUnited States

No deposit agreement summary available for this bank.

Calculate Savings for Jenius Bank

All calculations are based on APY.

Jenius Savings (APY: 4.20%)

Deposit Frequency:

Total savings breakdown:

  • Interest earned: $4 (3.85%)
  • Total contributions: $0 (0.00%)
  • Initial deposit: $100 (96.15%)

Your total balance

$104.00

Effective APY: 4.20% (based on your deposit and contributions)

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

Jenius Bank Savings Rates Over Time

Historical APY Insights

MetricJenius Savings
Latest APY4.20 %
TrendFalling
Slope (bps/mo)-7.0
Rate Changes / Mo0.19
Days Since Last Change111
High (-5 m)4.50 %
Low (-5 m)4.20 %
Draw-down from High-6.7 %
Volatility (CV)0.032
APY Insights Glossary
Latest APY
Most recent advertised annual-percentage yield.
Trend
Direction over the last 5 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 (-5 m)
Highest APY in the last 160 days.
Low (-5 m)
Lowest APY in the last 160 days.
Draw-down from High
How far today sits below the 5-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 Jenius Bank's Savings Account

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  • All America Bank - 1.50-3.25% APY
  • Ally Bank - 3.50% APY
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  • BMO Alto - 3.60% APY
  • Bread Savings - 4.30% APY
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  • Capital One - 3.50% APY
  • Carver Bank - 4.00% APY
  • Charles Schwab Bank - 0.15% APY
  • Chase Bank - 0.01% APY
  • Chime - 1.25-3.75% APY
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  • CIT Bank - 0.25-4.00% APY
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  • Colorado Federal Savings Bank - 4.25% APY
  • ConnectOne Bank - 4.00% APY
  • Customers Bank - 4.23% APY
  • Discover Bank - 3.50% APY
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  • Fitness Bank - 5.00% APY
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  • LendingClub - 3.40-4.40% APY
  • Live Oak Bank - 4.10% APY
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  • Neighbors Bank - 4.60% APY
  • Newtek Bank - 4.35% APY
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  • Primis Bank - 4.35% APY
  • Quontic Bank - 3.75% APY
  • RBMAX - 4.15% APY
  • Rising Bank - 4.30% APY
  • ROGER - 4.65% APY
  • Salem Five Direct - 4.01% APY
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  • Santander Bank - 0.03% APY
  • SoFi Bank - 3.80% APY
  • Synchrony Bank - 3.80% APY
  • TAB Bank - 4.15% APY
  • TD Bank - 0.05-3.00% APY
  • The State Exchange Bank - 1.90% APY
  • TIMBR - 4.40% APY
  • UFB Direct - 4.01-4.21% APY
  • Upgrade - 4.02% APY
  • Valley Direct - 4.20% APY
  • Varo Bank - 2.50-5.00% APY
  • Western Alliance Bank - 4.30% APY
  • Zynlo Bank - 4.35% APY
FeatureJenius BankSelect a bank...
ProductJenius SavingsN/A
APY
4.20% (as of 7/1/2025)N/A
Bundled Account
NoN/A
FDIC-insured
YesN/A
Online OnlyYesN/A
Compound Frequency
DailyN/A
Minimum Deposit$0N/A
Minimum Balance for APY$0N/A
Maintenance Fee$0N/A
Direct Deposit Required
NoN/A