High-Yield Savings Account Comparison

Affirm vs. EverBank

Compare rates, requirements, and features side-by-side to find the best option for you.

Analysis by Aviel Fahl
Updated December 10, 2025

Affirm

Affirm Money Account

3.60%
APY
Dec 10, 2025
FDIC InsuredNo MinimumsGreat iOS AppGreat Android App
Show Fine Print & Trends
Min. Deposit$0
Min. Balance$0
Maintenance Fee$0
Compound FreqDaily
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 58410)
EligibilityUnited States
Mobile Ratings
BBB Rating

Important Note

While Affirm is not a bank, it is FDIC-insured through partner Cross River Bank.

Rate Stability

Rate Adjusted
-0.25%
Since 90 days ago

EverBank

Performance Savings

4.05%
APY
Dec 10, 2025
FDIC InsuredNo Minimums
Show Fine Print & Trends
Min. Deposit$0
Min. Balance$0
Maintenance Fee$0
Compound FreqDaily
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 34775)
EligibilityUnited States
Mobile Ratings
BBB Rating

Rate Stability

Rate Adjusted
-0.25%
Since 90 days ago

Market Reality Check

Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.25% APY.

See Top Rates

Affirm vs. EverBank Savings Calculator

Calculations based on current APY for Affirm Money Account and Performance Savings
$
$

EverBank earns $289.2 more than Affirm.

Affirm

Affirm Money Account

3.60% APY

Savings Breakdown

  • Interest Earned
    +$2,177.80(10.8%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$20,177.80

Effective APY
3.60%

EverBank

Performance Savings

4.05% APY

Savings Breakdown

  • Interest Earned
    +$2,467.00(12.1%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$20,467.00

Effective APY
4.05%

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

Comparison Analysis

Comparing Affirm vs. EverBank

Updated: Dec 10, 2025

Why Affirm?

  • Higher rated iOS app (4.9 vs 2.3)
  • Higher rated Android app (4.8 vs 1.4)

Why EverBank?

  • Higher potential APY (4.05% vs 3.60%) on all balances
  • Physical branch access (11 locations in Florida and California)

— Key Feature Differences —

Better Returns at $10,000
EverBank

EverBank's Performance Savings earns more on smaller deposits (approx. $405 vs $360/yr).

Better Returns at $25,000
EverBank

EverBank's Performance Savings pulls ahead with larger amounts (approx. $1013 vs $900/yr).

Best for Simplicity
EverBank

EverBank's Performance Savings offers 4.05% APY with no bundling, direct deposit requirement or caps.

Best Mobile App Experience
Affirm

Affirm offers an iOS app rated 4.9 (vs. 2.3) and Android app rated 4.8 (vs. 1.4)

Shared Benefits

Both offer monthly maintenance-free account options Both banks have options with $0 opening deposit Available Nationwide Available to New & Existing Customers
The Bottom Line on APY (Interest Only)

Over a 1-year period, EverBank's Performance Savings pays $45 more interest on a $10,000 balance than Affirm's Affirm Money Account.

*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.

AffirmEverBank
Automated Data Audit

Executive Summary

EverBank offers a Performance Savings account with a competitive APY of 4.05%, making it the higher-yield option compared to Affirm's Money Account, which provides a 3.60% APY. Both accounts require no minimum deposit or balance and have no maintenance fees, but EverBank's account stands out for its simplicity with no direct deposit requirement or caps on earnings. Additionally, EverBank's account is noted for providing better returns on larger deposits, making it particularly advantageous for savers. Both banks operate online only, and Affirm's Money Account is FDIC-insured through Cross River Bank.

Analysis generated based on current Banksparency database records

* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.

Top Market Contenders

See who beats both Affirm and EverBank.

Compare All High-Yield Savings Accounts
Pibank
Pibank Savings
FDIC InsuredNo Minimums
4.60% APY
+0.55% vs EverBank
Better Rate
Axos Bank
Axos ONE
FDIC InsuredNo MinimumsGreat iOS AppGreat Android App
4.31% APY
+0.26% vs EverBank
Better Rate
TIMBR
Premium Savings Account
FDIC InsuredLow Minimums
4.40% APY
+0.35% vs EverBank
Better Rate
FeatureAffirmEverBank
APY
3.60%
Verified: 12/10/2025
↘︎ 0.25%90d Change
4.05%
Verified: 12/10/2025
↘︎ 0.25%90d Change
Product NameAffirm Money AccountPerformance Savings
Minimum Deposit$0$0
Min. Balance for APY$0$0
Monthly Fee$0$0
Branch AccessNoneNone
Account Type
Online Only
Online Only
Direct Deposit Req.NoneNone
Checking BundleNoNo
Mobile Apps
iOS4.9
Android4.8
iOS2.3
Android1.4
BBB RatingA+A+
Important NotesWhile Affirm is not a bank, it is FDIC-insured through partner Cross River Bank.-
Next Steps

📈 Compare Savings Rates Over Time

Historical Performance

Last 11 Months Analysis
MetricAffirmEverBank
Affirm Money AccountPerformance Savings
Current APY
3.60%4.05%
Trend
Stable Stable
Velocity (bps/mo)
-2.7-2.8
Days Since Change
7582
11-Month High
3.85%4.30%
11-Month Low
3.60%4.05%
Adjustments / Mo
0.090.09
Volatility Score
0.0300.027
How to read these metrics(Click to expand)

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.
  • Velocity (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
  • Adjustments/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 323-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.

More Comparisons

Compare Affirm's APY of 3.60% with other banks
Bank PairCompetitor APYMin Deposit
Affirm vs Ally Bank3.30%$0
Affirm vs American Express3.40%$0
Affirm vs Axos Bank4.31%$0
Affirm vs Bank of America0.01%$100
Affirm vs Barclays4.00%$0
Affirm vs Bask Bank3.90%$0
Affirm vs Betterment3.50%$10
Affirm vs BMO Alto3.25%$0
Affirm vs Bread Savings4.10%$100
Affirm vs BrioDirect4.00%$5,000
Affirm vs Capital One3.40%$0
Affirm vs Charles Schwab Bank0.15%$0
Affirm vs Chase Bank0.01%$0
Affirm vs Chime3.50%$0
Affirm vs CIT Bank3.75%$100
Affirm vs Citibank3.30%$0
Affirm vs Citizens Access™3.15%$0.01
Affirm vs Climate First Bank4.21%$50
Affirm vs Discover Bank3.40%$0
Affirm vs E*TRADE from Morgan Stanley3.75%$0
Affirm vs Elevault4.08%$0
Affirm vs Fitness Bank4.75%$100
Affirm vs FNBO Direct3.00%$1
Affirm vs Forbright Bank4.00%$0
Affirm vs FVCbank3.85%$500
Affirm vs GO2bank4.50%$0
Affirm vs Ivy Bank4.25%$2,500
Affirm vs LendingClub4.20%$0
Affirm vs Marcus by Goldman Sachs3.65%$0
Affirm vs Neighbors Bank4.30%$0
Affirm vs Newtek Bank4.35%$0.01
Affirm vs Openbank4.20%$500
Affirm vs Peak Bank4.20%$100
Affirm vs Pibank4.60%$0
Affirm vs PNC3.53%$0
Affirm vs Presidential Bank4.00%$5,000
Affirm vs Quontic Bank3.75%$100
Affirm vs Salem Five Direct3.71%$10
Affirm vs Sallie Mae Bank3.90%$0
Affirm vs Santander Bank0.01%$25
Affirm vs SoFi Bank4.30%$0
Affirm vs Synchrony Bank3.65%$0
Affirm vs TD Bank2.75%$0
Affirm vs TIMBR4.40%$1,000
Affirm vs UFB Direct3.71%$5000
Affirm vs Upgrade3.05%$0
Affirm vs Valley Direct4.10%$1,000
Affirm vs Varo Bank5.00%$0
Affirm vs Vio Bank4.16%$100
Affirm vs Wealthfront4.15%$0
Affirm vs Wells Fargo0.05%$25
Affirm vs Zynlo Bank4.05%$10
Compare EverBank's APY of 4.05% with other banks
Bank PairCompetitor APYMin Deposit
EverBank vs Ally Bank3.30%$0
EverBank vs American Express3.40%$0
EverBank vs Axos Bank4.31%$0
EverBank vs Bank of America0.01%$100
EverBank vs Barclays4.00%$0
EverBank vs Bask Bank3.90%$0
EverBank vs Betterment3.50%$10
EverBank vs BMO Alto3.25%$0
EverBank vs Bread Savings4.10%$100
EverBank vs BrioDirect4.00%$5,000
EverBank vs Capital One3.40%$0
EverBank vs Charles Schwab Bank0.15%$0
EverBank vs Chase Bank0.01%$0
EverBank vs Chime3.50%$0
EverBank vs CIT Bank3.75%$100
EverBank vs Citibank3.30%$0
EverBank vs Citizens Access™3.15%$0.01
EverBank vs Climate First Bank4.21%$50
EverBank vs Discover Bank3.40%$0
EverBank vs E*TRADE from Morgan Stanley3.75%$0
EverBank vs Elevault4.08%$0
EverBank vs Fitness Bank4.75%$100
EverBank vs FNBO Direct3.00%$1
EverBank vs Forbright Bank4.00%$0
EverBank vs FVCbank3.85%$500
EverBank vs GO2bank4.50%$0
EverBank vs Ivy Bank4.25%$2,500
EverBank vs LendingClub4.20%$0
EverBank vs Marcus by Goldman Sachs3.65%$0
EverBank vs Neighbors Bank4.30%$0
EverBank vs Newtek Bank4.35%$0.01
EverBank vs Openbank4.20%$500
EverBank vs Peak Bank4.20%$100
EverBank vs Pibank4.60%$0
EverBank vs PNC3.53%$0
EverBank vs Presidential Bank4.00%$5,000
EverBank vs Quontic Bank3.75%$100
EverBank vs Salem Five Direct3.71%$10
EverBank vs Sallie Mae Bank3.90%$0
EverBank vs Santander Bank0.01%$25
EverBank vs SoFi Bank4.30%$0
EverBank vs Synchrony Bank3.65%$0
EverBank vs TD Bank2.75%$0
EverBank vs TIMBR4.40%$1,000
EverBank vs UFB Direct3.71%$5000
EverBank vs Upgrade3.05%$0
EverBank vs Valley Direct4.10%$1,000
EverBank vs Varo Bank5.00%$0
EverBank vs Vio Bank4.16%$100
EverBank vs Wealthfront4.15%$0
EverBank vs Wells Fargo0.05%$25
EverBank vs Zynlo Bank4.05%$10