Carver Bank vs. Jenius Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Carver BankHigh Yield Savings Jan 7, 2026 | Jenius BankJenius Savings Jan 7, 2026 |
|---|---|---|
| APY | 4.00% | 4.05% |
Est. Earnings | $5,000+$200 $10,000+$400 $25,000+$1,000 | $5,000+$203 $10,000+$405 $25,000+$1,013 |
Min Deposit | $5,000 | $0 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredMod. MinimumGreat iOS AppGreat Android AppZelle® Supported | FDIC InsuredNo Minimums |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.21% APY.
Comparison Analysis
Comparing Carver Bank vs. Jenius Bank
As of Carver Bank offers an APY of 4.00% for its High Yield Savings account, with a minimum balance of $5,000, compared to Jenius Bank's 4.05% APY for its Jenius Savings account, with a minimum balance of $0.
Jenius Bank pays $5 more than Carver Bank on a $10,000 balance after one year. Carver Bank pays $400, while Jenius Bank pays $405 - an APY advantage for Jenius Bank.
Why Carver Bank?
- ✓Higher rated iOS app (4.7 vs 4.0)
- ✓Higher rated Android app (4.5 vs 3.6)
- ✓Fast transfers via Zelle®
Why Jenius Bank?
No distinct advantages found vs Carver Bank.
— Key Feature Differences —
Best Mobile App Experience
Carver BankCarver Bank offers an iOS app rated 4.7 (vs. 4.0) and Android app rated 4.5 (vs. 3.6)
Shared Benefits
Over a 1-year period, Jenius Bank's Jenius Savings pays $5 more interest on a $10,000 balance than Carver Bank's High Yield Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
Carver Bank offers a High Yield Savings account with an APY of 4.00%, making it the leading option compared to Jenius Bank's Jenius Savings account, which has an APY of 4.05%. While Jenius Bank's rate is slightly higher, the difference is negligible at just 0.05%. Both banks provide online-only services and have no maintenance fees, with Carver Bank requiring a minimum deposit and balance of $5,000, while Jenius Bank has no minimum requirements. Additionally, Carver Bank is noted for its superior mobile app experience, enhancing user convenience.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Carver Bank vs. Jenius Bank Savings Calculator
You earn $5 more with Jenius Bank than Carver Bank 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.
Carver Bank
High Yield Savings
Savings Breakdown
- Interest Earned+$400.00(3.8%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,400.00
Jenius Bank
Jenius Savings
Savings Breakdown
- Interest Earned+$405.00(3.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,405.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Carver Bank | Jenius Bank |
|---|---|---|
| APY | 4.00% Verified: 1/7/2026 Stable (90d) | 4.05% Verified: 1/7/2026 ↘︎ 0.15%90d Change |
| Product Name | High Yield Savings | Jenius Savings |
| Minimum Deposit | $5,000 | $0 |
| Min. Balance for APY | $5,000 | $0 |
| Monthly Fee | $0, of minimum balance requirement met. Otherwise $6. | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.7 Android4.5 | iOS4.0 Android3.6 |
| Zelle® Support | Available Full native integration in digital banking. | Not Supported |
| BBB Rating | A+ | A+ |
| Next Steps | Visit SiteVerify at Carver Bank Non-sponsored link to official site | Visit SiteVerify at Jenius Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Carver Bank | Jenius Bank |
|---|---|---|
| High Yield Savings | Jenius Savings | |
Current APY | 4.00% | 4.05% |
Trend | Stable | Stable |
Velocity (bps/mo) | -1.0 | -2.6 |
Days Since Change | 309 | 50 |
11-Month High | 4.25% | 4.50% |
11-Month Low | 4.00% | 4.05% |
Adjustments / Mo | 0.09 | 0.18 |
Volatility Score | 0.017 | 0.028 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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