Jenius Bank

Last Updated: 6/20/2025

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

Quick Views

Jenius Savings: 4.20% APY(Rank 33 out of 74 tracked HYSAs)

Minimum Deposit: $0 | Online Only

National Savings Interest Rate: 0.42% (as of 5/19/2025)

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: 3.9/5

Website: Visit Jenius Bank

Our Take on Jenius Bank

Highlights

  • Current APY is 4.20%, unchanged from 30 days ago.
  • No minimum deposit or balance requirements.
  • No maintenance fees on the account.
  • BBB rating of A+ indicates strong trustworthiness.

Considerations

  • No physical branches available for in-person service.
  • Not BBB Accredited, which may raise concerns.
  • Direct deposit is not required but may limit some users.
  • Google Play rating is only 3.9.
Summary: Jenius Bank offers a competitive APY of 4.20% on its Jenius Savings account, with no fees or minimum balance requirements. However, it lacks physical branches and is not BBB Accredited, which may concern some savers. The bank has a solid BBB rating of A+, but its Google Play rating of 3.9 suggests room for improvement in customer satisfaction. Overall, it is suitable for those comfortable with online banking.

Savings Account

Savings Account Offered by Jenius Bank

FeatureJenius Savings
APY
4.20% (as of 6/20/2025)
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)-7.8
Rate Changes / Mo0.20
Days Since Last Change102
High (-5 m)4.50 %
Low (-5 m)4.20 %
Draw-down from High-6.7 %
Volatility (CV)0.033
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 151 days.
Low (-5 m)
Lowest APY in the last 151 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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  • SoFi Bank - 3.80% APY
  • Synchrony Bank - 3.80% APY
  • TAB Bank - 4.26% APY
  • TD Bank - 0.05-3.00% APY
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  • UFB Direct - 4.01-4.21% APY
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  • Varo Bank - 2.50-5.00% APY
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FeatureJenius BankSelect a bank...
ProductJenius SavingsN/A
APY
4.20% (as of 6/20/2025)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