Chase Bank vs. Elevault
Compare rates, requirements, and features side-by-side to find the best option for you.
Chase Bank
Chase Savings℠
0.01%APYDec 6, 2025FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppIn-Person AccessShow Fine Print & Trends Hide Details
Chase Bank
Chase Savings℠
Elevault
High Yield Savings Account
4.08%APYDec 6, 2025FDIC InsuredNo MinimumsShow Fine Print & Trends Hide Details
Elevault
High Yield Savings Account
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.
Comparison Analysis
Comparing Chase Bank vs. Elevault
Why Chase Bank?
- ✓Higher rated iOS app (4.8 vs 3.7)
- ✓Higher rated Android app (4.6 vs 3.9)
Why Elevault?
- ✓Higher potential APY (4.08% vs 0.01%) on all balances
- ✓No checking account or direct deposit required
— Key Feature Differences —
Better Returns at $10,000
ElevaultElevault's High Yield Savings Account earns more on smaller deposits (approx. $408 vs $1/yr).
Better Returns at $25,000
ElevaultElevault's High Yield Savings Account pulls ahead with larger amounts (approx. $1020 vs $3/yr).
Best for Simplicity
ElevaultElevault's High Yield Savings Account offers 4.08% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
Chase BankChase Bank offers an iOS app rated 4.8 (vs. 3.7) and Android app rated 4.6 (vs. 3.9)
Shared Benefits
Over a 1-year period, Elevault's High Yield Savings Account pays $407 more interest on a $10,000 balance than Chase Bank's Chase Savings℠.
Executive Summary
Elevault offers a High Yield Savings Account with a competitive APY of 4.08%, significantly higher than Chase Bank's Chase Savings℠, which has an APY of only 0.01%. Elevault's account is online-only, requires no minimum deposit or maintenance fees, and provides daily compounding, making it a strong choice for savers. In contrast, Chase Bank, while offering a well-rated mobile app experience, has a maintenance fee that can be waived under certain conditions. For those seeking simplicity and better returns, Elevault is the clear winner.
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 Chase Bank and Elevault.
| Feature | Chase Bank | Elevault |
|---|---|---|
| APY | 0.01% Verified: 12/6/2025 Stable (90d) | 4.08% Verified: 12/6/2025 ↘︎ 0.52%90d Change |
| Product Name | Chase Savings℠ | High Yield Savings Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $5 | $0 |
| Branch Access | Yes | None |
| Account Type | Online & Branches | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.8 Android4.6 | iOS3.7 Android3.9 |
| BBB Rating | A- | A+ |
| Important Notes | APY may vary by market. The maintenance fee may be waived under some circumstances, such as if the account balance is maintained with at least $300 each day, or you set up automatic transfers from a linked Chase account, etc. | The 4.08% APY is up to $250,000. Balances above that earn no interest. Daily deposit limit is $2,500. |
| Next Steps |
Savings Comparison
Elevault earns $2,480.7 more than Chase Bank.
Chase Bank
Chase Savings℠
Savings Breakdown
- Interest Earned+$5.70(0.0%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$18,005.70
Elevault
High Yield Savings Account
Savings Breakdown
- Interest Earned+$2,486.40(12.1%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,486.40
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Chase Bank | Elevault |
|---|---|---|
| Chase Savings℠ | High Yield Savings Account | |
Current APY | 0.01% | 4.08% |
Trend | Stable | Stable |
Velocity (bps/mo) | -0.0 | -16.6 |
Days Since Change | 121 | 32 |
4-Month High | 0.01% | 4.60% |
4-Month Low | 0.01% | 4.08% |
Adjustments / Mo | 0.00 | 0.49 |
Volatility Score | 0.000 | 0.048 |
How to read these metrics(Click to expand)
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