Bank of America vs. BrioDirect
Compare rates, requirements, and features side-by-side to find the best option for you.
Bank of America
Advantage Savings
0.01%APYDec 6, 2025FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppIn-Person AccessShow Fine Print & Trends Hide Details
Bank of America
Advantage Savings
BrioDirect
High-Yield Savings Account
4.00%APYDec 6, 2025FDIC InsuredMod. MinimumGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
BrioDirect
High-Yield Savings Account
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.
Comparison Analysis
Comparing Bank of America vs. BrioDirect
Why Bank of America?
- ✓Higher rated Android app (4.6 vs 4.3)
Why BrioDirect?
- ✓Higher potential APY (4.00% vs 0.01%) on all balances
- ✓No checking account or direct deposit required
— Key Feature Differences —
Better Returns at $10,000
BrioDirectBrioDirect's High-Yield Savings Account earns more on smaller deposits (approx. $400 vs $1/yr).
Better Returns at $25,000
BrioDirectBrioDirect's High-Yield Savings Account pulls ahead with larger amounts (approx. $1000 vs $3/yr).
Best for Simplicity
BrioDirectBrioDirect's High-Yield Savings Account offers 4.00% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
Bank of AmericaBank of America offers an iOS app rated 4.8 (vs. 4.7) and Android app rated 4.6 (vs. 4.3)
Shared Benefits
Over a 1-year period, BrioDirect's High-Yield Savings Account pays $399 more interest on a $10,000 balance than Bank of America's Advantage Savings.
Executive Summary
BrioDirect offers a High-Yield Savings Account with a competitive APY of 4.00%, significantly higher than Bank of America's Advantage Savings, which has an APY of only 0.01%. BrioDirect's account requires a minimum deposit of $5,000 and a minimum balance of $25, but it has no maintenance fees and is online-only. In contrast, Bank of America has a monthly maintenance fee of $8, which can be waived under certain conditions. While Bank of America provides a strong mobile app experience, BrioDirect stands out for its superior returns and simplicity, making it the clear winner based on the provided data.
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 Bank of America and BrioDirect.
| Feature | Bank of America | BrioDirect |
|---|---|---|
| APY | 0.01% Verified: 12/6/2025 Stable (90d) | 4.00% Verified: 12/6/2025 ↘︎ 0.30%90d Change |
| Product Name | Advantage Savings | High-Yield Savings Account |
| Minimum Deposit | $100 | $5,000 |
| Min. Balance for APY | N/A | $25 |
| Monthly Fee | $8 | $0 |
| Branch Access | Yes | None |
| Account Type | Online & Branches | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.8 Android4.6 | iOS4.7 Android4.3 |
| BBB Rating | A+ | B- |
| Important Notes | 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. | - |
| Next Steps |
Savings Comparison
BrioDirect earns $2,429 more than Bank of America.
Bank of America
Advantage Savings
Savings Breakdown
- Interest Earned+$5.70(0.0%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$18,005.70
BrioDirect
High-Yield Savings Account
Savings Breakdown
- Interest Earned+$2,434.70(11.9%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,434.70
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Bank of America | BrioDirect |
|---|---|---|
| Advantage Savings | High-Yield Savings Account | |
Current APY | 0.01% | 4.00% |
Trend | Stable | Stable |
Velocity (bps/mo) | -0.0 | -5.0 |
Days Since Change | 311 | 36 |
10-Month High | 0.01% | 4.55% |
10-Month Low | 0.01% | 4.00% |
Adjustments / Mo | 0.00 | 0.58 |
Volatility Score | 0.000 | 0.039 |
How to read these metrics(Click to expand)
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