Poppy Bank

Last Updated: 7/1/2025

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

Quick Views

Poppy Premier Online Savings: 4.25% APY(Rank 27 out of 76 tracked HYSAs)

Minimum Deposit: $1,000 | Online Only

Poppy Premier Personal Savings: 0.50% APY(Rank 81 out of 88 savings accounts)

Minimum Deposit: $1,000

Poppy Personal Savings: 0.10% APY(Rank 83 out of 88 savings accounts)

Minimum Deposit: $1,000

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: Santa Rosa, California

Founded: 2005

Affiliation: Formerly First Community Bank.

Access to Branches: Branches in California

BBB Rating: B+ (Not BBB Accredited)

App Store Rating: 4.4/5

Google Play Rating: 3.6/5

Website: Visit Poppy Bank

Our Take on Poppy Bank

Highlights

  • Highest APY of 4.25%, unchanged from 30 days ago.
  • No maintenance fees with electronic statements.
  • App Store rating of 4.4 indicates user satisfaction.
  • Branches available in California for in-person service.

Considerations

  • BBB rating of B+ and not accredited.
  • Lower APY of 0.50% for Poppy Premier Personal Savings.
  • Direct deposit not required, but may limit some account options.
  • Google Play rating of 3.6 suggests potential issues.
Summary: Poppy Bank offers a competitive APY of 4.25% for its Premier Online Savings account, appealing to savers seeking high yields. The bank has a B+ BBB rating but lacks accreditation, which may concern some customers. While there are no maintenance fees with electronic statements, the lower APYs of other accounts may not attract those looking for the best rates. User ratings vary, with a strong App Store score but a lower Google Play rating.

Savings Accounts

Savings Accounts Offered by Poppy Bank

FeaturePoppy Premier Personal SavingsPoppy Personal SavingsPoppy Premier Online Savings
APY
0.50% (as of 7/1/2025)0.10% (as of 7/1/2025)4.25% (as of 7/1/2025)
APY TrendStable for the last monthStable for the last monthStable for the last month
Minimum Deposit$1,000$1,000$1,000
Minimum Balance for APY$1,000$1,000$1,000
FDIC-insured
YesYesYes
Online OnlyNoNoYes
Bundled Account
NoNoNo
Direct Deposit Required
NoNoNo
Compound Frequency
DailyDailyDaily
Maintenance Fee$0, if electronic statements selected, otherwise $5$0, if electronic statements selected, otherwise $5$0, if electronic statements selected, otherwise $5
EligibilityUnited StatesUnited StatesUnited States

No deposit agreement summary available for this bank.

Calculate Savings for Poppy Bank

All calculations are based on APY.
Deposit Frequency:

Total savings breakdown:

  • Interest earned: $43 (4.12%)
  • Total contributions: $0 (0.00%)
  • Initial deposit: $1,000 (95.88%)

Your total balance

$1,043.00

Effective APY: 4.25% (based on your deposit and contributions)

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

Poppy Bank Savings Rates Over Time

Historical APY Insights

MetricPoppy Premier Personal SavingsPoppy Premier Online SavingsPoppy Personal Savings
Latest APY0.50 %4.25 %0.10 %
TrendSidewaysFallingSideways
Slope (bps/mo)0.0-6.70.0
Rate Changes / Mo0.000.380.00
Days Since Last Change15949159
High (-5 m)0.50 %4.50 %0.10 %
Low (-5 m)0.50 %4.25 %0.10 %
Draw-down from High0.0 %-5.6 %0.0 %
Volatility (CV)0.0000.0250.000
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 Poppy Bank's Savings Accounts

  • Affirm - 3.85% APY
  • All America Bank - 1.50-3.25% APY
  • Ally Bank - 3.50% APY
  • Amalgamated Bank - 2.25% APY
  • American Express - 3.60% APY
  • Axos Bank - 4.66% APY
  • Bank5 Connect - 4.05% APY
  • Bank of America - 0.01% APY
  • Barclays - 3.90-4.10% APY
  • Bask Bank - 4.20% APY
  • Betterment - 4.00% APY
  • BMO Alto - 3.60% APY
  • Bread Savings - 4.30% APY
  • BrioDirect - 4.30% APY
  • 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
  • CIBC Bank USA - 4.11% APY
  • CIT Bank - 0.25-4.00% APY
  • Citibank - 3.60% APY
  • Citizens Access™ - 3.70% APY
  • Colorado Federal Savings Bank - 4.25% APY
  • ConnectOne Bank - 4.00% APY
  • Customers Bank - 4.23% APY
  • Discover Bank - 3.50% APY
  • E*TRADE from Morgan Stanley - 4.00% APY
  • EverBank - 4.30% APY
  • Evergreen Bank Group - 4.25% APY
  • First Foundation Bank - 4.25% APY
  • Fitness Bank - 5.00% APY
  • Flagstar Bank - 4.00% APY
  • Forbright Bank - 4.25% APY
  • FVCbank - 4.35% APY
  • High Plains Bank - 0.23-3.82% APY
  • Jenius Bank - 4.20% APY
  • LendingClub - 3.40-4.40% APY
  • Live Oak Bank - 4.10% APY
  • Marcus by Goldman Sachs - 3.65% APY
  • My Banking Direct - 4.30% APY
  • MySavingsDirect - 3.75% APY
  • Neighbors Bank - 4.60% APY
  • Newtek Bank - 4.35% APY
  • OMB Bank - 1.00% APY
  • Openbank - 4.30% APY
  • Peak Bank - 4.44% APY
  • Pibank - 4.60% APY
  • PNC - 3.95% APY
  • Popular Direct - 4.05% APY
  • Presidential Bank - 4.00-4.50% APY
  • Prime Alliance Bank - 4.05% APY
  • 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
  • Sallie Mae Bank - 3.90% APY
  • 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
FeaturePoppy BankSelect a bank...
ProductN/A
APY
4.25% (as of 7/1/2025)N/A
Bundled Account
NoN/A
FDIC-insured
YesN/A
Online OnlyYesN/A
Compound Frequency
DailyN/A
Minimum Deposit$1,000N/A
Minimum Balance for APY$1,000N/A
Maintenance Fee$0, if electronic statements selected, otherwise $5N/A
Direct Deposit Required
NoN/A