Chase Bank vs. Peak Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Chase BankChase Savings℠ Jan 21, 2026 | Peak BankEnvision High Yield Savings Jan 21, 2026 |
|---|---|---|
| APY | 0.01% | 3.99% |
Est. Earnings | $5,000+$1 $10,000+$1 $25,000+$3 | $5,000+$200 $10,000+$399 $25,000+$998 |
Min Deposit | $0 | $100 |
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. | - |
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppIn-Person AccessZelle® Supported | FDIC InsuredLow MinimumsGreat iOS AppGreat Android App |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.20% APY.
Comparison Analysis
Comparing Chase Bank vs. Peak Bank
As of Chase Bank offers an APY of 0.01% for its Chase Savings℠ account, with a minimum balance of $0, compared to Peak Bank's 3.99% APY for its Envision High Yield Savings account, with a minimum balance of .
Peak Bank pays $398 more than Chase Bank on a $10,000 balance after one year. Chase Bank pays $1, while Peak Bank pays $399 - an APY advantage for Peak Bank.
Why Chase Bank?
- ✓Fast transfers via Zelle® (up to $2,000 a day)
Why Peak Bank?
- ✓Higher potential APY (3.99% vs 0.01%) on all balances
- ✓No checking account or direct deposit required
— Key Feature Differences —
Better Returns at $10,000
Peak BankPeak Bank's Envision High Yield Savings earns more on smaller deposits (approx. $399 vs $1/yr).
Better Returns at $25,000
Peak BankPeak Bank's Envision High Yield Savings pulls ahead with larger amounts (approx. $998 vs $3/yr).
Best for Simplicity
Peak BankPeak Bank's Envision High Yield Savings offers 3.99% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Peak Bank's Envision High Yield Savings pays $398 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.
Executive Summary as of
Peak Bank offers a competitive Envision High Yield Savings account with an APY of 3.99%, significantly higher than Chase Bank's Chase Savings℠, which yields only 0.01%. The Peak Bank account requires a minimum deposit of $100 but has no maintenance fees, while Chase Bank's account has a $5 monthly fee that can be waived under certain conditions. Additionally, Peak Bank's account is online-only, providing a straightforward option without the need for direct deposit or account bundling. Overall, for those seeking higher returns, Peak Bank is the clear choice.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
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Top Market Contenders
Chase Bank vs. Peak Bank Savings Calculator
You earn $398 more with Peak Bank 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
Peak Bank
Envision High Yield Savings
Savings Breakdown
- Interest Earned+$399.00(3.8%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,399.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Chase Bank | Peak Bank |
|---|---|---|
| APY | 0.01% Verified: 1/21/2026 Stable (90d) | 3.99% Verified: 1/21/2026 ↘︎ 0.21%90d Change |
| Product Name | Chase Savings℠ | Envision High Yield Savings |
| Minimum Deposit | $0 | $100 |
| Min. Balance for APY | $0 | N/A |
| 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 Android4.7 | iOS4.8 Android4.6 |
| 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. | - |
| Next Steps | Visit SiteVerify at Chase Bank Non-sponsored link to official site | Visit SiteVerify at Peak Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Chase Bank | Peak Bank |
|---|---|---|
| Chase Savings℠ | Envision High Yield Savings | |
Current APY | 0.01% | 3.99% |
Trend | Stable | Stable |
Velocity (bps/mo) | -0.0 | -4.3 |
Days Since Change | 341 | 20 |
11-Month High | 0.01% | 4.54% |
11-Month Low | 0.01% | 3.99% |
Adjustments / Mo | 0.00 | 0.62 |
Volatility Score | 0.000 | 0.037 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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