Bank of America vs. Fitness Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
Bank of America
Advantage Savings
0.01%APYDec 17, 2025FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppIn-Person AccessShow Fine Print & Trends Hide Details
Bank of America
Advantage Savings
Fitness Bank
Fitness Elite Checking & Fitness Savings Combo
4.75%APYDec 17, 2025FDIC InsuredChecking BundleLow MinimumsShow Fine Print & Trends Hide Details
Fitness Bank
Fitness Elite Checking & Fitness Savings Combo
Comparison Analysis
Comparing Bank of America vs. Fitness Bank
As of Bank of America offers an APY of 0.01% for its Advantage Savings account, with a minimum balance of , compared to Fitness Bank's 4.75% APY for its Fitness Elite Checking & Fitness Savings Combo account, with a minimum balance of $100.
Fitness Bank pays $474 more than Bank of America on a $10,000 balance after one year. Bank of America pays $1, while Fitness Bank pays $475 - an APY advantage for Fitness Bank.
In addition, Fitness Bank also offers 4.45% APY for the Fitness Savings Account account, with a minimum balance of $100.
Why Bank of America?
- ✓Higher rated iOS app (4.8 vs 1.7)
- ✓Higher rated Android app (4.6 vs 0.0)
Why Fitness Bank?
- ✓Higher potential APY (4.45%-4.75% vs 0.01%) on all balances
- ✓Offers 2 different high-yield savings options
— Key Feature Differences —
Better Returns at $10,000
Fitness BankFitness Bank's Fitness Elite Checking & Fitness Savings Combo earns more on smaller deposits (approx. $475 vs $1/yr).
Better Returns at $25,000
Fitness BankFitness Bank's Fitness Elite Checking & Fitness Savings Combo pulls ahead with larger amounts (approx. $1188 vs $3/yr).
Best for Simplicity
Fitness BankFitness Bank's Fitness Savings Account offers 4.45% APY with no bundling, direct deposit requirement or caps.
Best for All-in-One Banking
Fitness BankFitness Bank's Fitness Elite Checking & Fitness Savings Combo pays a superior APY for customers who also open a checking account.
Best Mobile App Experience
Bank of AmericaBank of America offers an iOS app rated 4.8 (vs. 1.7) and Android app rated 4.6 (vs. 0.0)
Shared Benefits
Over a 1-year period, Fitness Bank's Fitness Elite Checking & Fitness Savings Combo pays $474 more interest on a $10,000 balance than Bank of America's Advantage Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary
Fitness Bank offers a competitive APY of 4.75% through its Fitness Elite Checking & Fitness Savings Combo, which requires maintaining a $5,000 average balance in the checking account and tracking at least 10,000 average daily steps using their app. This account is online-only and has a minimum deposit of $100, with a maintenance fee of $10 that can be waived under certain conditions. In contrast, Bank of America’s Advantage Savings account provides a much lower APY of 0.01%, with a minimum deposit of $100 and a monthly maintenance fee of $8, which can also be waived in specific circumstances. Overall, Fitness Bank stands out significantly in terms of APY.
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.
Bank of America vs. Fitness Bank Savings Calculator
You earn $474 more with Fitness Bank than Bank of America on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
Bank of America
Advantage Savings
Savings Breakdown
- Interest Earned+$1.00(0.0%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,001.00
Fitness Bank
Fitness Elite Checking & Fitness Savings Combo
Savings Breakdown
- Interest Earned+$475.00(4.5%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,475.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Bank of America | Fitness Bank |
|---|---|---|
| APY | 0.01% Verified: 12/17/2025 Stable (90d) | 4.75% Verified: 12/17/2025 Stable (90d) |
| Product Name | Advantage Savings | Fitness Elite Checking & Fitness Savings Combo |
| Minimum Deposit | $100 | $100 |
| Min. Balance for APY | N/A | $100 |
| Monthly Fee | $8 | $10. Waived for average daily balances > $100 |
| Branch Access | Yes | None |
| Account Type | Online & Branches | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | Yes |
| Mobile Apps | iOS4.8 Android4.6 | iOS1.7 Android0.0 |
| BBB Rating | A+ | A+ |
| 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. | This is a tiered account. To earn the highest tier you must make 15 debit card transactions per Account Period, maintain $5,000 avg. minimum balance in the Elite Checking account, track at least 10,000 avg. daily steps using the FitnessBank Step Tracker app, as well as maintain a savings balance of $100. Failure to do so will result in a lower APY. See bank for more details and all tiers. |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Bank of America | Fitness Bank | |
|---|---|---|---|
| Advantage Savings | Fitness Elite Checking & Fitness Savings Combo | Fitness Savings Account | |
Current APY | 0.01% | 4.75% | 4.45% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | 0.0 | -3.9 | -1.6 |
Days Since Change | 2 | 106 | 106 |
9-Month High | 0.03% | 5.00% | 4.55% |
9-Month Low | 0.01% | 4.75% | 4.45% |
Adjustments / Mo | 0.22 | 0.22 | 0.22 |
Volatility Score | 0.137 | 0.024 | 0.011 |
How to read these metrics(Click to expand)
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