Peak Bank
Last Updated: 4/1/2025
Note: Interest rates below are reported as APY, or Annual Percentage YieldQuick Views
Envision High Yield Savings: 4.54% APY(Rank 11 out of 75 HYSAs)
Minimum Deposit: $100 | Online Only
National Savings Interest Rate: 0.41% (as of 3/17/2025)
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: McCall, Idaho
Founded: 2005
Affiliation: Peak Bank is a division of Idaho First Bank
Access to Branches: None
BBB Rating: A+ (Not BBB Accredited)
App Store Rating: 4.8/5
Google Play Rating: 4.7/5
Website: Visit Peak Bank
Savings Account
Savings Accounts Offered by Peak Bank
| Feature | Envision High Yield Savings |
|---|---|
| APY | 4.54% (as of 4/1/2025) |
| APY Trend | Stable |
| Minimum Deposit | $100 |
| Minimum Balance for APY | N/A |
| FDIC-insured | Yes |
| Online Only | Yes |
| Bundled Account | No |
| Direct Deposit Required | No |
| Compound Frequency | Daily |
| Maintenance Fee | $0 |
| Eligibility | United States |
No deposit agreement summary available for this bank. | |
Calculate Savings for Peak Bank
Envision High Yield Savings (APY: 4.54%)
Total savings breakdown:
- Interest earned: $5 (4.76%)
- Total contributions: $0 (0.00%)
- Initial deposit: $100 (95.24%)
Your total balance
$105.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Peak Bank Savings Rates Over Time
Historical APY Insights
| Metric | Envision High Yield Savings |
|---|---|
| Highest APY | 4.54% |
| Lowest APY | 4.35% |
| Latest APY | 4.54% |
| Trend | Increasing |
| Volatility | 0.09% |
Compare Peak Bank's Savings Account
- Affirm - 3.85% APY
- All America Bank - 1.50-3.49% APY
- Ally Bank - 3.60% APY
- Amalgamated Bank - 2.25% APY
- American Express - 3.70% APY
- Axos Bank - 4.66% APY
- Bank5 Connect - 4.15% APY
- Bank of America - 0.01% APY
- Barclays - 4.15-4.40% APY
- Bask Bank - 4.35% APY
- Betterment - 4.00% APY
- BMO Alto - 3.70% APY
- Bread Savings - 4.40% APY
- BrioDirect - 4.50% APY
- Capital One - 3.70% APY
- Carver Bank - 4.00% APY
- Charles Schwab Bank - 0.15% APY
- Chase Bank - 0.01% APY
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- FVCbank - 4.55% APY
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- Marcus by Goldman Sachs - 3.75% APY
- My Banking Direct - 4.40% APY
- MySavingsDirect - 4.10% APY
- Neighbors Bank - 4.60% APY
- Newtek Bank - 4.45% APY
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- Openbank - 4.40% APY
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- PNC - 3.95% APY
- Poppy Bank - 4.50% APY
- Popular Direct - 4.05% APY
- Presidential Bank - 4.00-4.50% APY
- Prime Alliance Bank - 4.15% APY
- Primis Bank - 4.35% APY
- Quontic Bank - 3.85% APY
- RBMAX - 4.15% APY
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- ROGER - 5.00% APY
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- TD Bank - 0.05-3.51% APY
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| Feature | Peak Bank | Select a bank... |
|---|---|---|
| Product | Envision High Yield Savings | N/A |
| APY | 4.54% (as of 4/1/2025) | N/A |
| Bundled Account | No | N/A |
| FDIC-insured | Yes | N/A |
| Online Only | Yes | N/A |
| Compound Frequency | Daily | N/A |
| Minimum Deposit | $100 | N/A |
| Minimum Balance for APY | N/A | N/A |
| Maintenance Fee | $0 | N/A |
| Direct Deposit Required | No | N/A |
Peak Bank vs. Major Banks: Savings Accounts
Click on the items below to view the comparisons
| Feature | Peak Bank | Bank of America |
|---|---|---|
| Envision High Yield Savings | Advantage Savings | |
| APY | 4.54% APY) (as of 4/1/2025) | 0.01% APY (as of 4/1/2025) |
| Bundled Account | No | No |
| FDIC-insured | Yes | Yes |
| Online Only | Yes | No |
| Compound Frequency | Daily | Monthly |
| Minimum Deposit | $100 | $100 |
| Minimum Balance for APY | N/A | N/A |
| Maintenance Fee | $0 | $8 |
| Direct Deposit Required | No | No |
| Eligibility | United States | United States |
| Note | N/A | APY may vary by market. The monthly fee may be waived under some circumstances, such as if you maintain a minimum balance of $500, or are below the age of 25, etc. |
| Feature | Peak Bank | Citibank | |
|---|---|---|---|
| Envision High Yield Savings | Citi® Savings Account | Citi Accelerate Savings | |
| APY | 4.54% APY) (as of 4/1/2025) | 0.03% APY (as of 4/1/2025) | 3.70% APY |
| Bundled Account | No | No | No |
| FDIC-insured | Yes | Yes | Yes |
| Online Only | Yes | No | Yes |
| Compound Frequency | Daily | Daily | Daily |
| Minimum Deposit | $100 | $0 | $0 |
| Minimum Balance for APY | N/A | $0.01 | $0.01 |
| Maintenance Fee | $0 | $4.50. Waived for average monthly balances > $500 | $4.50. Waived for average monthly balances > $500 |
| Direct Deposit Required | No | No | No |
| Eligibility | United States | California, Connecticut, Maryland, Nevada, New Jersey, New York, Virginia (partial), Washington D.C., and select parts of Florida and Illinois. In addition, promotional rates may be available if requirements are met. | Alaska, Alabama, Arkansas, Arizona, Colorado, Delaware, Florida (select parts), Georgia, Hawaii, Iowa, Idaho, Illinois (select parts), Indiana, Kansas, Kentucky, Louisiana, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Mexico, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia (partial), Washington (partial), Wisconsin, West Virginia, Wyoming. |
| Note | N/A | N/A | N/A |
| Feature | Peak Bank | Chase Bank |
|---|---|---|
| Envision High Yield Savings | Chase Savings℠ | |
| APY | 4.54% APY) (as of 4/1/2025) | 0.01% APY (as of 4/1/2025) |
| Bundled Account | No | No |
| FDIC-insured | Yes | Yes |
| Online Only | Yes | No |
| Compound Frequency | Daily | Monthly |
| Minimum Deposit | $100 | $0 |
| Minimum Balance for APY | N/A | $0 |
| Maintenance Fee | $0 | $5 |
| Direct Deposit Required | No | No |
| Eligibility | United States | United States |
| Note | N/A | APY may vary by market. The maintenance fee may be waived under some circumstances, such as if the account balance is maintained with at least $300 each day, or you set up automatic transfers from a linked Chase account, etc. |
| Feature | Peak Bank | Capital One |
|---|---|---|
| Envision High Yield Savings | 360 Performance Savings | |
| APY | 4.54% APY) (as of 4/1/2025) | 3.70% APY (as of 4/1/2025) |
| Bundled Account | No | No |
| FDIC-insured | Yes | Yes |
| Online Only | Yes | No |
| Compound Frequency | Daily | Daily |
| Minimum Deposit | $100 | $0 |
| Minimum Balance for APY | N/A | $0 |
| Maintenance Fee | $0 | $0 |
| Direct Deposit Required | No | No |
| Eligibility | United States | United States |
| Note | N/A | N/A |
Alternatives to Peak Bank
Banks with Higher/Similar Savings APY
For a top list of the highest savings rates, see all HYSA top rates
FVCbank
Advantage Direct Savings: 4.55% APY
Minimum Deposit: $500
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Neighbors Bank
Neighbors Savings Account: 4.60% APY
Minimum Deposit: $0
Eligible States: Limited (see details)
Pibank
Pibank Savings: 4.60% APY
Minimum Deposit: $0
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TIMBR
Premium Savings Account: 4.55% APY
Minimum Deposit: $1,000
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Varo Bank
High-Yield Savings Account: 5.00% APY
Minimum Deposit: $0
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Direct Deposit: Min. $1,000/month
BrioDirect
High-Yield Savings Account: 4.50% APY
Minimum Deposit: $5,000
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Savings Accounts with Lower Minimum Deposit
For a top list of savings accounts with no/low deposits or balance minimums, see No "Fuss" Savings Accounts
Affirm
Affirm Money Account: 3.85% APY
Minimum Deposit: $0
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Ally Bank
Savings Account: 3.60% APY
Minimum Deposit: $0
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American Express
High Yield Savings Account: 3.70% APY
Minimum Deposit: $0
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Barclays
Tiered Savings: 4.40% APY
Minimum Deposit: $0
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Online Savings: 3.90% APY
Minimum Deposit: $0
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Bask Bank
Interest Savings Account: 4.35% APY
Minimum Deposit: $0
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BMO Alto
Savings Account: 3.70% APY
Minimum Deposit: $0
Online Only
Banks Offering Bundled Savings & Checking
For a top list, see Bundled High-Yield Savings & Checking Accounts
Axos Bank
Axos ONE: 4.66% APY
Bundled Savings & Checking Account
Minimum Deposit: $0
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Direct Deposit: Min. $1,500/month to ONE Checking.
High Yield Savings: 0.61% APY
Minimum Deposit: $0
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Chime
Chime Savings Account: 3.75% APY
Bundled Savings & Checking Account
Minimum Deposit: $0
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Direct Deposit: You need to receive a qualifying direct deposit of $200 or more within the preceding 34 days
Fitness Bank
Fitness Savings Account: 4.55% APY
Minimum Deposit: $100
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Fitness Elite Checking & Fitness Savings Combo: 5.00% APY
Bundled Savings & Checking Account
Minimum Deposit: $100
Online Only
OMB Bank
High Interest Online Savings Account: 4.56% APY
Minimum Deposit: $5,000
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High Interest Savings Account: 1.00% APY
Bundled Savings & Checking Account
Minimum Deposit: $25
Presidential Bank
Advantage Savings: 4.50% 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.
ROGER
ROGER Savings: 5.00% APY
Bundled Savings & Checking Account
Minimum Deposit: $0
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Banks with Branch Access
For a top list, see High-Yield Savings Accounts with In-Person Access
All America Bank
Regular Savings: 1.50% APY
Minimum Deposit: $50
Super Savers MMDA: 3.49% APY
Minimum Deposit: $2,500
Amalgamated Bank
Online Savings: 2.25% APY
Minimum Deposit: $100
Bank of America
Advantage Savings: 0.01% APY
Minimum Deposit: $100
Capital One
360 Performance Savings: 3.70% APY
Minimum Deposit: $0
Charles Schwab Bank
Schwab Bank Investor Savings™: 0.15% APY
Minimum Deposit: $0
Chase Bank
Chase Savings℠: 0.01% APY
Minimum Deposit: $0