Jenius Bank: Savings Accounts & Rates

Savings rates updated: 11/15/2025

Mission statement: Banksparency aims to make Jenius Bank's savings accounts transparent and comparable to those of other banks. .

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

Jenius Savings: 4.20% APY(Rank 16 of the 20 Best Savings Rates)

Minimum Deposit: $0 | Online Only

National Savings Interest Rate: 0.4% (as of 10/20/2025)

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

Deposit Insurance: FDIC Cert # 18618

BBB Rating: A+ (Not BBB Accredited)

App Store Rating: 4.1/5

Google Play Rating: 3.7/5

Website: Visit Jenius Bank

Our Take on Jenius Bank

Highlights

Current APY of 4.20% is competitive for high-yield savings accounts.
No minimum deposit or balance requirements.
No maintenance fees, enhancing overall savings.
A+ BBB rating indicates strong trustworthiness.

Considerations

Online-only bank may lack personal service options.
No branches available for in-person banking.
Google Play rating of 3.7 suggests mixed user experiences.
Not BBB accredited, which may raise concerns for some.

Summary: Jenius Bank offers a high-yield savings account with a competitive APY of 4.20% and no fees or minimums, appealing to savers. However, it operates online only, lacking physical branches for personal service. The bank has an A+ BBB rating, but it is not accredited, and its Google Play rating of 3.7 indicates some user dissatisfaction. Overall, it is a solid choice for those comfortable with online banking.

Savings Account: In-Depth View

Savings Account Offered by Jenius Bank

Feature	Jenius Savings
APY	4.20% (as of 11/15/2025)
APY Trend	Stable for the last quarter
Minimum Deposit	$0
Minimum Balance for APY	$0
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 Jenius Bank

All calculations are based on APY.

Savings Product:

Jenius Savings (APY: 4.20%)

Initial Deposit:

Recurring Deposit Amount:

Deposit Frequency:

Duration:

Total savings breakdown:

Interest earned: $1,650.7 (10.55%)
Total contributions: $13,000 (83.06%)
Initial deposit: $1,000 (6.39%)

Your total balance

$15,650.70

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

Metric	Jenius Savings
Latest APY	4.20 %
Trend	Sideways
Slope (bps/mo)	-2.4
Rate Changes / Mo	0.10
Days Since Last Change	248
High (-10 m)	4.50 %
Low (-10 m)	4.20 %
Draw-down from High	-6.7 %
Volatility (CV)	0.026

APY Insights Glossary

Latest APY: Most recent advertised annual-percentage yield.
Trend: Direction over the last 10 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 (-10 m): Highest APY in the last 297 days.
Low (-10 m): Lowest APY in the last 297 days.
Draw-down from High: How far today sits below the 10-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

Affirm - 3.60% APY
All America Bank - 1.50-3.25% APY
Ally Bank - 3.30% APY
Amalgamated Bank - 2.25% APY
American Express - 3.50% APY
Ameriprise Bank - 3.15-3.15% APY
Axos Bank - 4.51% APY
Bank5 Connect - 3.85% APY
Bank of America - 0.01% APY
Barclays - 3.90-4.10% APY
Bask Bank - 3.90% APY
Betterment - 3.50% APY
BMO Alto - 3.25% APY
Bread Savings - 4.20% APY
BrioDirect - 4.00% APY
Capital One - 3.40% APY
Carver Bank - 4.00% APY
Charles Schwab Bank - 0.15% APY
Chase Bank - 0.01% APY
Chime - 1.00-3.50% APY
CIBC Bank USA - 3.92% APY
CIT Bank - 0.25-3.85% APY
Citibank - 3.35% APY
Citizens Access™ - 3.35% APY
Colorado Federal Savings Bank - 4.05% APY
ConnectOne Bank - 3.60% APY
Customers Bank - 3.73% APY
Discover Bank - 3.40% APY
Elevault - 4.08% APY
E*TRADE from Morgan Stanley - 3.75% APY
EverBank - 4.05% APY
Evergreen Bank Group - 4.25% APY
First Foundation Bank - 4.00% APY
Fitness Bank - 4.75% APY
Flagstar Bank - 3.65% APY
FNBO Direct - 3.00% APY
Forbright Bank - 4.00% APY
FVCbank - 3.85% APY
GO2bank - 4.50% APY
High Plains Bank - 0.23-3.82% APY
Ivy Bank - 0.05-4.25% APY
LendingClub - 3.20-4.20% APY
Live Oak Bank - 3.90% APY
Marcus by Goldman Sachs - 3.65% APY
MutualOne Bank - 4.07% APY
My Banking Direct - 4.02% APY
MySavingsDirect - 3.75% APY
Neighbors Bank - 4.50% APY
Newtek Bank - 4.35% APY
Northeast Bank - 2.50-3.00% APY
OMB Bank - 1.00% APY
Openbank - 4.20% APY
Peak Bank - 4.20% APY
Pibank - 4.60% APY
PNC - 3.53% APY
Poppy Bank - 4.00% APY
Popular Direct - 4.00% APY
Presidential Bank - 3.75-4.25% APY
Prime Alliance Bank - 3.90% APY
Primis Bank - 3.85% APY
Quontic Bank - 3.75% APY
RBMAX - 3.90% APY
Rising Bank - 3.95% APY
ROGER - 3.87% APY
Salem Five Direct - 3.71% APY
Sallie Mae Bank - 3.90% APY
Santander Bank - 0.01% APY
SmartyPig - 3.90% APY
SoFi Bank - 4.30% APY
Synchrony Bank - 3.80% APY
TAB Bank - 3.80% APY
TD Bank - 0.05-2.75% APY
The State Exchange Bank - 3.96% APY
TIMBR - 4.40% APY
UFB Direct - 3.51-3.71% APY
Upgrade - 3.05% APY
Valley Direct - 4.10% APY
Varo Bank - 2.50-5.00% APY
Vio Bank - 4.21% APY
Wealthfront - 3.50-4.15% APY
Wells Fargo - 0.05-0.05% APY
Western Alliance Bank - 4.05% APY
Zynlo Bank - 4.20% APY

Feature	Jenius Bank	Select a bank...
Product	Jenius Savings	N/A
APY	4.20% (as of 11/15/2025)	N/A
Bundled Account	No	N/A
FDIC-insured	Yes	N/A
Online Only	Yes	N/A
Compound Frequency	Daily	N/A
Minimum Deposit	$0	N/A
Minimum Balance for APY	$0	N/A
Maintenance Fee	$0	N/A
Direct Deposit Required	No	N/A

Alternatives to Jenius Bank

Banks with Higher/Similar Savings APY

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

Colorado Federal Savings Bank

Premier Savings: 4.05% APY

Minimum Deposit: $50,000

Online Only

High Yield Savings: 4.00% APY

Minimum Deposit: $1

Online Only

LendingClub

LevelUp Savings: 4.20% APY

Minimum Deposit: $0

Online Only

TIMBR

Premium Savings Account: 4.40% APY

Minimum Deposit: $1,000

Online Only

Fitness Bank

Fitness Elite Checking & Fitness Savings Combo: 4.75% APY

Bundled Savings & Checking Account

Minimum Deposit: $100

Online Only

Fitness Savings Account: 4.45% APY

Minimum Deposit: $100

Online Only

Elevault

High Yield Savings Account: 4.08% APY

Minimum Deposit: $0

Online Only

GO2bank

High Yield Savings: 4.50% APY

Bundled Savings & Checking Account

Minimum Deposit: $0

Online Only

Presidential Bank

Advantage Savings: 4.25% APY

Bundled Savings & Checking Account

Minimum Deposit: $5,000

Direct Deposit: To earn the higher APY you need a monthly direct deposit into an Advantage Checking Account of $500.

Newtek Bank

Personal High Yield Savings: 4.35% APY

Minimum Deposit: $0.01

Online Only

Valley Direct

High-Yield Savings Account: 4.10% APY

Minimum Deposit: $1,000

Online Only

Eligible States: Limited (see details)

Pibank

Pibank Savings: 4.60% APY

Minimum Deposit: $0

Online Only

Vio Bank

Online Savings Account: 4.21% APY

Minimum Deposit: $100

Online Only

Openbank

High-Yield Savings Account: 4.20% APY

Minimum Deposit: $500

Online Only