Bread Savings vs. EverBank
Bread Savings edges out EverBank slightly at 3.95% vs 3.90% APY. On a $10,000 balance, the difference is just $5 per year—so other factors may matter more.
The Bottom Line
The Bread Savings and EverBank savings accounts are very similar. Choose EverBank if you want Zelle for quick transfers.
| Metric | Bread SavingsHigh-Yield Savings Account Jun 23, 2026 | EverBankPerformance Savings Jun 23, 2026 |
|---|---|---|
| APY | 3.95% | 3.90% |
Est. Earnings | $5,000+$198 $10,000+$395 $25,000+$988 | $5,000+$195 $10,000+$390 $25,000+$975 |
Min Deposit | $100 | $0 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppDaily CompoundingRate Changes Often | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® SupportedDaily CompoundingRate Changes Often |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.15% APY.
Comparison Analysis
Comparing Bread Savings vs. EverBank
Executive Summary
Bread Savings offers a High-Yield Savings Account with an APY of 3.95%, making it the top choice compared to EverBank's Performance Savings account, which has an APY of 3.90%. Both accounts require no minimum balance and charge no maintenance fees, and are available online only. Bread Savings requires a minimum deposit of $100, while EverBank has no minimum deposit requirement. Both banks provide FDIC insurance, ensuring your deposits are protected.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why Bread Savings?
No distinct advantages found vs EverBank.
Why EverBank?
- ✓Physical branch access (11 locations in Florida and California)
- ✓Fast transfers via Zelle®
Shared Benefits
Over a 1-year period, Bread Savings's High-Yield Savings Account pays $5 more interest on a $10,000 balance than EverBank's Performance Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Bread Savings vs. EverBank Savings Calculator
You earn $5 more with Bread Savings than EverBank 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.
Bread Savings
High-Yield Savings Account
Savings Breakdown
- Interest Earned+$395.00(3.8%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,395.00
EverBank
Performance Savings
Savings Breakdown
- Interest Earned+$390.00(3.8%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,390.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still banking with Chase, Bank of America, or Wells Fargo?
On a $10,000 balance, you're missing out on at least $389 per year in interest.
Both Bread Savings and EverBank dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | Bread Savings | EverBank |
|---|---|---|
| APY | 3.95% Verified: 6/23/2026 ↘︎ 0.05%90d Change | 3.90% Verified: 6/23/2026 Stable (90d) |
| Product Name | High-Yield Savings Account | Performance Savings |
| Minimum Deposit | $100 | $0 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Daily | Daily |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Physical Branches | None | 11 locations in Florida and California |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Not Supported | Available Native integration verified. |
| BBB Rating | A+ | A+ |
| Next Steps | Visit SiteVerify at Bread Savings Non-sponsored link to official site | Visit SiteVerify at EverBank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Bread Savings | EverBank |
|---|---|---|
| High-Yield Savings Account | Performance Savings | |
Current APY | 3.95% | 3.90% |
Trend | Stable | Stable |
Velocity (bps/mo) | -3.0 | -3.9 |
Days Since Change | 4 | 186 |
12-Month High | 4.30% | 4.30% |
12-Month Low | 3.95% | 3.90% |
Adjustments / Mo | 0.58 | 0.16 |
Volatility Score | 0.027 | 0.038 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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More Comparisons
Compare Bread Savings' APY of 3.95% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Bread Savings vs Ally Bank | 3.10% | $0 |
| Bread Savings vs American Express | 3.10% | $0 |
| Bread Savings vs Axos Bank | 4.21% | $0 |
| Bread Savings vs Barclays | 3.75% | $0 |
| Bread Savings vs Capital One | 3.00% | $0 |
| Bread Savings vs Chime | 3.00% | $0 |
| Bread Savings vs CIT Bank | 3.75% | $100 |
| Bread Savings vs Discover Bank | 3.30% | $0 |
| Bread Savings vs Marcus by Goldman Sachs | 3.40% | $0 |
| Bread Savings vs Newtek Bank | 4.20% | $0.01 |
| Bread Savings vs Openbank | 4.00% | $500 |
| Bread Savings vs Pibank | 4.40% | $0 |
| Bread Savings vs SoFi Bank | 3.80% | $0 |
| Bread Savings vs Synchrony Bank | 3.30% | $0 |
| Bread Savings vs Varo Bank | 5.00% | $0 |
| Bread Savings vs Wealthfront | 4.20% | $0 |