Jenius Bank: Savings Account & Rates
Mission: Banksparency aims to make Jenius Bank's savings account transparent and comparable to the market.
Savings Overview
Jenius Savings
| Min. Deposit | $0 |
| Min. Balance | $0 |
| Maintenance Fee | $0 |
Market Reality Check
This bank offers rates below the current top tier. The best rates we track are currently above 4.20% APY.
Bank Overview
- HQ LocationLos Angeles, California
- Founded2023
- AffiliationJenus Bank is the digital banking division of SMBC MANUBANK and a member of the Sumitomo Mitsui Banking Corporation, Inc., initialed SMBC Group (NYSE: SMFG).
- Ratings & Trust
- Zelle® SupportNo SupportStandard ACH or Wire transfers only.
- Deposit InsuranceFDIC Insured(Cert: 18618)
Our Take on Jenius Bank
The Good
- Competitive 4.05% APY
- No minimum deposit or balance requirements
- No monthly maintenance fees
Considerations
- No physical branch access (online only)
Jenius Bank offers the Jenius Savings account with a competitive APY of 4.05%. This account features no minimum deposit or balance requirements and no monthly maintenance fees, making it an attractive option for savers. Additionally, there are no direct deposit requirements or fine print caveats to consider. However, it's important to note that Jenius Bank operates online only, meaning there is no physical branch access.
Top Market Contenders
Savings Account: In-Depth View
Savings Account Offered by Jenius Bank
| Feature | Jenius Savings |
|---|---|
APY | 4.05%Verified: 1/9/2026 |
APY Trend | Rate Adjusted -0.15% Since 90 days ago |
Min. Deposit | $0 |
Min. Balance | $0 |
Monthly Fee | $0 |
Direct Deposit | None |
Checking Bundle | No |
Branch Access | None |
Compounding | Daily |
FDIC Insured | Yes |
Eligibility | United States |
| Next Steps | - |
Calculate Savings for Jenius Bank
Savings Breakdown
- Interest Earned+$1,588.70(10.2%)
- Total Contributions$13,000
- Initial Deposit$1,000
Projected Balance
$15,588.70
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
Last 12 Months| Metric | Jenius Savings |
|---|---|
Latest APY | 4.05% |
Trend | Sideways |
Slope (bps/mo) | -2.8 |
Rate Changes / Mo | 0.17 |
Days Since Last Change | 57 |
High (-12m) | 4.50% |
Low (-12m) | 4.05% |
Draw-down | -10.0% |
Volatility (CV) | 0.030 |
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 357-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 Jenius Bank
| Feature | Current View Jenius Bank | Empty Slot |
|---|---|---|
| Product | Jenius Savings | - |
APY | 4.05%Verified: 1/9/2026 | - |
APY Trend | Rate Adjusted -0.15% Since 90 days ago | - |
| Min. Deposit | $0 | - |
| Monthly Fee | $0 | - |
Direct Deposit | No | - |
Checking Bundle | No | - |
| Branch Access | None | - |
| Eligibility | United States | - |
Compounding | Daily | - |
FDIC Insured | Yes | - |
| Next Steps | - | - |
Bank-to-Bank Comparisons
Compare Jenius Bank's APY of 4.05% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Jenius Bank vs Ally Bank | 3.30% | $0 |
| Jenius Bank vs American Express | 3.30% | $0 |
| Jenius Bank vs Axos Bank | 4.31% | $0 |
| Jenius Bank vs Bank of America | 0.01% | $100 |
| Jenius Bank vs Barclays | 4.00% | $0 |
| Jenius Bank vs Capital One | 3.30% | $0 |
| Jenius Bank vs Chase Bank | 0.01% | $0 |
| Jenius Bank vs Chime | 3.50% | $0 |
| Jenius Bank vs CIT Bank | 3.75% | $100 |
| Jenius Bank vs Citibank | 3.30% | $0 |
| Jenius Bank vs Discover Bank | 3.30% | $0 |
| Jenius Bank vs EverBank | 3.90% | $0 |
| Jenius Bank vs Marcus by Goldman Sachs | 3.65% | $0 |
| Jenius Bank vs Newtek Bank | 4.35% | $0.01 |
| Jenius Bank vs Openbank | 4.20% | $500 |
| Jenius Bank vs Pibank | 4.60% | $0 |
| Jenius Bank vs SoFi Bank | 4.00% | $0 |
| Jenius Bank vs Synchrony Bank | 3.65% | $0 |
| Jenius Bank vs Varo Bank | 5.00% | $0 |
| Jenius Bank vs Wealthfront | 3.90% | $0 |
| Jenius Bank vs Wells Fargo | 0.05% | $25 |
Alternatives to Jenius Bank
Banks with Higher/Similar Savings APY
For a top list of the highest savings rates, see all HYSA top rates
Carver Bank
High Yield Savings: 4.00% APY
Minimum Deposit: $5,000
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SoFi Savings: 4.00% APY
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Super Duper Savings Account: 4.21% APY
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MutualOne Bank
Online Savings: 0.40% APY
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Mo Premium Savings: 4.07% APY
Minimum Deposit: $20,000
My Banking Direct
High Yield Savings Account: 4.02% APY
Minimum Deposit: $500
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TIMBR
Premium Savings Account: 4.15% APY
Minimum Deposit: $1,000
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Peak Bank
Envision High Yield Savings: 3.99% APY
Minimum Deposit: $100
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Sallie Mae Bank
High-Yield Savings Account: 3.90% APY
Minimum Deposit: $0
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Newtek Bank
Personal High Yield Savings: 4.35% APY
Minimum Deposit: $0.01
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Vio Bank
Online Savings Account: 4.09% APY
Minimum Deposit: $100
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