Briodirect vs. Openbank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of BrioDirect vs. Openbank
Key Metrics at a Glance
| Feature | BrioDirect | Openbank |
|---|---|---|
| Top Savings APY | 4.00% High-Yield Savings Account | 4.20% High-Yield Savings Account |
| Minimum to Open | $5,000 | $500 |
| Minimum Balance for Top APY | $25 | $0 |
BrioDirect
Strengths
- BrioDirect offers a higher APY of 4.00% compared to Openbank's 4.20%.
- BrioDirect has a higher App Store rating of 4.7 versus Openbank's 3.2.
- BrioDirect has no maintenance fees on its savings account.
Potential Drawbacks
- BrioDirect's BBB rating is B- and it is not BBB accredited.
- BrioDirect requires a higher minimum deposit of $5,000 compared to Openbank's $500.
- BrioDirect has no physical branches for customer support.
Openbank
Strengths
- Openbank has a lower minimum deposit requirement of $500.
- Openbank's APY remains stable at 4.20%, consistent over the last 30 days.
- Openbank has no maintenance fees on its savings account.
Potential Drawbacks
- Openbank has a lower App Store rating of 3.2 compared to BrioDirect's 4.7.
- Openbank is not rated by the BBB and is not BBB accredited.
- Openbank has no physical branches for customer support.
→ As of November 12, 2025 BrioDirect offers an APY of 4.00% for its High-Yield Savings Account, with a minimum balance of $25, compared to Openbank's 4.20% APY for its High-Yield Savings Account, with a minimum balance of $0.
→ Openbank yields $20 more than BrioDirect on a $10,000 balance after one year. BrioDirect pays $400, while Openbank pays $420 - an APY advantage for Openbank.
Calculate Savings Growth for BrioDirect vs Openbank
BrioDirect - High-Yield Savings Account
Total savings breakdown:
- Interest earned: $2,434.7 (11.91%)
- Total contributions: $13,000 (63.62%)
- Initial deposit: $5,000 (24.47%)
Your total balance
$20,434.70
Total balance: $20,434.7
Earnings: $2,434.7
Bank OverviewOpenbank - 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 OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, BrioDirect's total earnings would be $129.6 lower than Openbank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare BrioDirect's vs Openbank's Savings Accounts
| BrioDirect | Openbank | ||
|---|---|---|---|
| Product | High-Yield Savings Account | vs | High-Yield Savings Account |
| APY | 4.00% (as of 11/12/2025) | 4.20% (as of 11/12/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | Monthly | |
| Minimum Deposit | $5,000 | $500 | |
| Minimum Balance for APY | $25 | $0 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| App Store Rating | 4.7/5 | 3.2/5 | |
| Google Play Rating | 4.3/5 | 3.2/5 | |
| BBB Rating | B- | Not Rated |
Comparative Historical APY Insights (Last 9 Months)
| BrioDirect | Openbank | ||
|---|---|---|---|
| Product | High-Yield Savings Account | vs | High-Yield Savings Account |
| Latest APY | 4.00 % | 4.20 % | |
| Trend | Sideways | Sideways | |
| Slope (bps/mo) | -4.4 | -4.0 | |
| Rate Changes / Mo | 0.69 | 0.35 | |
| Days Since Last Change | 13 | 114 | |
| High (-9 m) | 4.55 % | 4.75 % | |
| Low (-9 m) | 4.00 % | 4.20 % | |
| Draw-down from High | -12.1 % | -11.6 % | |
| Volatility (CV) | 0.030 | 0.028 |
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 260 days.
- Low (-9 m)
- Lowest APY in the last 260 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.