Chase Bank vs. Elevault
Comparing Chase Bank and Elevault for savings: Chase Bank's Chase Savings℠ pays 0.01% APY while Elevault's High Yield Savings Account pays 3.82% APY.
Note: Elevault caps its top rate at $250,000.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? Elevault pays $381 more than Chase Bank annually ($382 vs $1).
Choose Chase Bank if you want a no-strings-attached account, you value in-person banking, mobile app quality matters, or you want Zelle for quick transfers. Choose Elevault if getting the best rate matters most.
| Metric | Chase BankChase Savings℠ Mar 7, 2026 | ElevaultHigh Yield Savings Account Mar 7, 2026 |
|---|---|---|
| APY | 0.01% | 3.82% |
Est. Earnings | $5,000+$1 $10,000+$1 $25,000+$3 | $5,000+$191 $10,000+$382 $25,000+$955 |
Min Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
Terms | 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 3.82% APY is up to $250,000. Balances above that earn no interest. Daily deposit limit is $2,500. |
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppIn-Person AccessZelle® SupportedStable Rate | FDIC InsuredNo MinimumsDaily CompoundingRate Changes Often |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.15% APY.
Comparison Analysis
Comparing Chase Bank vs. Elevault
Executive Summary
Elevault offers a High Yield Savings Account with a competitive APY of 3.82%, significantly higher than Chase Bank's Chase Savings℠, which yields only 0.01%. Elevault's account is online-only and has no maintenance fees, while Chase Bank charges a $5 fee that can be waived under certain conditions. Both banks require no minimum deposit or balance, but Elevault's account limits interest-earning balances to $250,000 and has a daily deposit cap of $2,500. Overall, Elevault stands out for its superior returns, making it the more attractive option for savers.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why Chase Bank?
- ✓No checking account or direct deposit required
- ✓Physical branch access (Chase has more than 5,000 branches in nearly all of the United States, but not in Alaska and Hawaii.)
- ✓Higher rated iOS app (4.8 vs 3.7)
- ✓Higher rated Android app (4.7 vs 3.9)
- ✓Fast transfers via Zelle® (up to $2,000 a day)
Why Elevault?
- ✓Higher potential APY (3.82% vs 0.01%) on all balances
— Key Feature Differences —
Better Returns at $10,000
ElevaultElevault's High Yield Savings Account earns more on smaller deposits (approx. $382 vs $1/yr).
Better Returns at $25,000
ElevaultElevault's High Yield Savings Account pulls ahead with larger amounts (approx. $955 vs $3/yr).
Best Mobile App Experience
Chase BankChase Bank offers an iOS app rated 4.8 (vs. 3.7) and Android app rated 4.7 (vs. 3.9)
Shared Benefits
Over a 1-year period, Elevault's High Yield Savings Account pays $381 more interest on a $10,000 balance than Chase Bank's Chase Savings℠.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Chase Bank vs. Elevault Savings Calculator
You earn $381 more with Elevault than Chase 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.
Chase Bank
Chase Savings℠
Savings Breakdown
- Interest Earned+$1.00(0.0%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,001.00
Elevault
High Yield Savings Account
3.82% on first $250,000 and 0.00% thereafter.
Savings Breakdown
- Interest Earned+$382.00(3.7%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,382.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Chase Bank | Elevault |
|---|---|---|
| APY | 0.01% Verified: 3/7/2026 Stable (90d) | 3.82% Verified: 3/7/2026 ↘︎ 0.26%90d Change |
| Product Name | Chase Savings℠ | High Yield Savings Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $5 | $0 |
| Compound Frequency | Monthly | Daily |
| Branch Access | Yes | None |
| Account Type | Online & Branches | Online Only |
| Physical Branches | Chase has more than 5,000 branches in nearly all of the United States, but not in Alaska and Hawaii. | N/A |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Available Limit: $2,000/dayBranded as Chase QuickPay; dynamic limits up to $10k. | Not Supported |
| 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 3.82% APY is up to $250,000. Balances above that earn no interest. Daily deposit limit is $2,500. |
| Next Steps | Visit SiteVerify at Chase Bank Non-sponsored link to official site | Visit SiteVerify at Elevault Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Chase Bank | Elevault |
|---|---|---|
| Chase Savings℠ | High Yield Savings Account | |
Current APY | 0.01% | 3.82% |
Trend | Stable | Stable |
Velocity (bps/mo) | 0.0 | -14.0 |
Days Since Change | 212 | 81 |
7-Month High | 0.01% | 4.60% |
7-Month Low | 0.01% | 3.82% |
Adjustments / Mo | 0.00 | 0.42 |
Volatility Score | 0.000 | 0.071 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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More Comparisons
Compare Chase Bank's APY of 0.01% with other banks
Compare Elevault's APY of 3.82% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Elevault vs Ally Bank | 3.20% | $0 |
| Elevault vs American Express | 3.30% | $0 |
| Elevault vs Axos Bank | 4.21% | $0 |
| Elevault vs Bank of America | 0.01% | $100 |
| Elevault vs Barclays | 3.85% | $0 |
| Elevault vs Capital One | 3.30% | $0 |
| Elevault vs Chime | 3.00% | $0 |
| Elevault vs CIT Bank | 3.75% | $100 |
| Elevault vs Citibank | 3.20% | $0 |
| Elevault vs Discover Bank | 3.30% | $0 |
| Elevault vs EverBank | 3.90% | $0 |
| Elevault vs Marcus by Goldman Sachs | 3.65% | $0 |
| Elevault vs Newtek Bank | 4.20% | $0.01 |
| Elevault vs Openbank | 4.09% | $500 |
| Elevault vs Pibank | 4.60% | $0 |
| Elevault vs SoFi Bank | 4.00% | $0 |
| Elevault vs Synchrony Bank | 3.50% | $0 |
| Elevault vs Varo Bank | 5.00% | $0 |
| Elevault vs Wealthfront | 4.20% | $0 |
| Elevault vs Wells Fargo | 0.05% | $25 |