High-Yield Savings Account Comparison

BrioDirect vs. Wells Fargo

Compare rates, requirements, and features side-by-side to find the best option for you.

Analysis by Aviel Fahl
Updated December 6, 2025
Advertising Disclosure: We may earn a commission from partner links.

BrioDirect

High-Yield Savings Account

4.00%
APY
Dec 6, 2025
FDIC InsuredMod. MinimumGreat iOS AppGreat Android App
Show Fine Print & Trends

Wells Fargo

Platinum Savings

0.05%
APY
Dec 6, 2025
FDIC InsuredHigh MinimumChecking BundleGreat iOS AppGreat Android AppIn-Person Access
Show Fine Print & Trends
Min. Deposit$25
Min. Balance$1,000,000
Maintenance Fee$12. Waived with $3,500 minimum daily balance.
Compound FreqDaily
Direct DepositNot required
Branch AccessWells Fargo offers branches and ATMs in 36 states and Washington, D.C.
Deposit InsuranceFDIC Insured(Cert: 3511)
EligibilityUnited States
Mobile Ratings
BBB Rating

Important Note

This is a tiered savings account where rates vary based on the balance. The 0.05% APY is available for balances of $1,000,000 or more, and 0.05% APY up to $99,999.99. These APYs require the account is linked to a Wells Fargo Premier checking account. See bank for more tiers and details.

Rate Stability

Rate Adjusted
-2.46%
Since 90 days ago

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.

See Top Rates

Comparison Analysis

Comparing BrioDirect vs. Wells Fargo

Updated: Dec 6, 2025

Why BrioDirect?

  • Higher potential APY (4.00% vs 0.01%-0.05%) on all balances
  • No checking account or direct deposit required

Why Wells Fargo?

  • Physical branch access (Wells Fargo offers branches and ATMs in 36 states and Washington, D.C.)
  • Higher rated Android app (4.8 vs 4.3)
  • Offers 2 different high-yield savings options

— Key Feature Differences —

Better Returns at $10,000
BrioDirect

BrioDirect's High-Yield Savings Account earns more on smaller deposits (approx. $400 vs $5/yr).

Better Returns at $25,000
BrioDirect

BrioDirect's High-Yield Savings Account pulls ahead with larger amounts (approx. $1000 vs $13/yr).

Best for Simplicity
BrioDirect

BrioDirect's High-Yield Savings Account offers 4.00% APY with no bundling, direct deposit requirement or caps.

Best Mobile App Experience
Wells Fargo

Wells Fargo offers an iOS app rated 4.9 (vs. 4.7) and Android app rated 4.8 (vs. 4.3)

Shared Benefits

Available Nationwide Available to New & Existing Customers
The Bottom Line

Over a 1-year period, BrioDirect's High-Yield Savings Account pays $395 more interest on a $10,000 balance than Wells Fargo's Platinum Savings.

Wells FargoBrioDirect
Automated Data Audit

Executive Summary

BrioDirect offers a High-Yield Savings Account with a competitive APY of 4.00%, making it a strong choice for savers, especially given its lack of direct deposit requirements and no maintenance fees. In contrast, Wells Fargo's savings products, including the Way2Save Savings with an APY of 0.01% and the Platinum Savings with a maximum APY of 0.05%, provide significantly lower returns. While Wells Fargo offers a more traditional banking experience with physical branches, BrioDirect stands out for those seeking higher yields in an online-only setting. Overall, BrioDirect is the clear winner for higher savings returns.

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 BrioDirect and Wells Fargo.

Compare All High-Yield Savings Accounts
Pibank
Pibank Savings
FDIC InsuredNo Minimums
4.60% APY
+0.60% vs BrioDirect
Better Rate
Neighbors Bank
Neighbors Savings Account
FDIC InsuredNo MinimumsGreat Android App
4.50% APY
+0.50% vs BrioDirect
Better Rate
Axos Bank
Axos ONE
FDIC InsuredNo MinimumsGreat iOS AppGreat Android App
4.31% APY
+0.31% vs BrioDirect
Better Rate
FeatureBrioDirectWells Fargo
APY
4.00%
Verified: 12/6/2025
↘︎ 0.30%90d Change
0.05%
Range: 0.05% - 0.05%
Verified: 12/6/2025
↘︎ 2.46%90d Change
Product NameHigh-Yield Savings AccountPlatinum Savings
Minimum Deposit$5,000$25
Min. Balance for APY$25$1,000,000
Monthly Fee$0$12. Waived with $3,500 minimum daily balance.
Branch AccessNoneYes
Account Type
Online Only
Online & Branches
Direct Deposit Req.NoneNone
Checking BundleNo Yes
Mobile Apps
iOS4.7
Android4.3
iOS4.9
Android4.8
BBB RatingB-D-
Important Notes-This is a tiered savings account where rates vary based on the balance. The 0.05% APY is available for balances of $1,000,000 or more, and 0.05% APY up to $99,999.99. These APYs require the account is linked to a Wells Fargo Premier checking account. See bank for more tiers and details.
Next Steps

Savings Comparison

Calculations based on current APY.
$
$

BrioDirect earns $2,406.1 more than Wells Fargo.

BrioDirect

High-Yield Savings Account

4.00% APY

Savings Breakdown

  • Interest Earned
    +$2,434.70(11.9%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$20,434.70

Effective APY
4.00%

Wells Fargo

Platinum Savings

0.05% APY

Higher APY requires $1,000,000

Savings Breakdown

  • Interest Earned
    +$28.60(0.2%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$18,028.60

Effective APY
0.05%

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

📈 Compare Savings Rates Over Time

Historical Performance

Last 5 Months Analysis
MetricBrioDirectWells Fargo
High-Yield Savings AccountPlatinum SavingsWay2Save Savings
Current APY
4.00%0.05%0.01%
Trend
Stable Stable Stable
Velocity (bps/mo)
-8.2-72.00.0
Days Since Change
3650143
5-Month High
4.30%2.51%0.01%
5-Month Low
4.00%0.05%0.01%
Adjustments / Mo
0.420.630.00
Volatility Score
0.0320.8430.000
How to read these metrics(Click to expand)

Trends & Velocity

  • Trend: The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
  • Velocity (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
  • Adjustments/Mo: "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.

Risk & Range

  • High/Low: The absolute ceiling and floor of the rate during the 144-day window.
  • Volatility Score: Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
  • Days Since Change: If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

More Comparisons

Compare BrioDirect's APY of 4.00% with other banks
Compare Wells Fargo's APY of 0.05% with other banks
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