Briodirect vs. Discover Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: October 21, 2025
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Summary of BrioDirect vs. Discover Bank
Key Metrics at a Glance
| Feature | BrioDirect | Discover Bank |
|---|---|---|
| Top Savings APY | 4.20% High-Yield Savings Account | 3.40% Online Savings Account |
| Minimum to Open | $5,000 | $0 |
| Minimum Balance for Top APY | $25 | $0 |
BrioDirect
Strengths
- BrioDirect offers a higher APY of 4.20% compared to Discover Bank's 3.40%.
- BrioDirect has no maintenance fees for its High-Yield Savings Account.
- BrioDirect's App Store rating is 4.7, higher than Discover Bank's 4.9.
Potential Drawbacks
- BrioDirect's BBB rating is B- and it is not BBB Accredited.
- BrioDirect's APY decreased from 4.30% to 4.20% in the last 30 days.
- BrioDirect requires a minimum deposit of $5,000 to open an account.
Discover Bank
Strengths
- Discover Bank has an A+ BBB rating and is BBB Accredited.
- Discover Bank has no minimum deposit or balance requirements for its savings account.
- Discover Bank's App Store rating is 4.9, higher than BrioDirect's 4.7.
Potential Drawbacks
- Discover Bank's APY is lower at 3.40%, compared to BrioDirect's 4.20%.
- Discover Bank's APY decreased from 3.50% to 3.40% in the last 30 days.
- Both banks do not have physical branches available.
→ As of October 21, 2025 BrioDirect offers an APY of 4.20% for its High-Yield Savings Account, with a minimum balance of $25, compared to Discover Bank's 3.40% APY for its Online Savings Account, with a minimum balance of $0.
→ BrioDirect yields $80 more than Discover Bank on a $10,000 balance after one year. BrioDirect pays $420, while Discover Bank pays $340 - an APY advantage for BrioDirect.
Calculate Savings Growth for BrioDirect vs Discover Bank
BrioDirect - High-Yield Savings Account
Total savings breakdown:
- Interest earned: $2,564.3 (12.47%)
- Total contributions: $13,000 (63.22%)
- Initial deposit: $5,000 (24.31%)
Your total balance
$20,564.30
Total balance: $20,564.3
Earnings: $2,564.3
Bank OverviewDiscover Bank - Online Savings Account
Total savings breakdown:
- Interest earned: $2,050.5 (10.23%)
- Total contributions: $13,000 (64.84%)
- Initial deposit: $5,000 (24.94%)
Your total balance
$20,050.50
Total balance: $20,050.5
Earnings: $2,050.5
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, BrioDirect's total earnings would be $513.8 higher than Discover Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare BrioDirect's vs Discover Bank's Savings Accounts
| BrioDirect | Discover Bank | ||
|---|---|---|---|
| Product | High-Yield Savings Account | vs | Online Savings Account |
| APY | 4.20% (as of 10/21/2025) | 3.40% (as of 10/21/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | Daily | |
| Minimum Deposit | $5,000 | $0 | |
| Minimum Balance for APY | $25 | $0 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| App Store Rating | 4.7/5 | 4.9/5 | |
| Google Play Rating | 4.3/5 | 4.3/5 | |
| BBB Rating | B- | A+ |
Comparative Historical APY Insights (Last 9 Months)
| BrioDirect | Discover Bank | ||
|---|---|---|---|
| Product | High-Yield Savings Account | vs | Online Savings Account |
| Latest APY | 4.20 % | 3.40 % | |
| Trend | Sideways | Sideways | |
| Slope (bps/mo) | -3.9 | -4.0 | |
| Rate Changes / Mo | 0.55 | 0.44 | |
| Days Since Last Change | 14 | 21 | |
| High (-9 m) | 4.55 % | 3.75 % | |
| Low (-9 m) | 4.20 % | 3.40 % | |
| Draw-down from High | -7.7 % | -9.3 % | |
| Volatility (CV) | 0.025 | 0.030 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 9 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 (-9 m)
- Highest APY in the last 272 days.
- Low (-9 m)
- Lowest APY in the last 272 days.
- Draw-down from High
- How far today sits below the 9-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.