Chase Bank vs. Vio Bank

High-Yield Savings Account Comparison

By Aviel Fahl|Last Updated: November 12, 2025

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Summary of Chase Bank vs. Vio Bank

Key Metrics at a Glance

FeatureChase BankVio Bank
Top Savings APY

0.01%

Chase Savings℠

4.21%

Online Savings Account

Minimum to Open$0$100
Minimum Balance for Top APY$0$0
NoteAPY 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.

Chase Bank

Strengths

  • Chase Bank has a higher App Store rating of 4.8 compared to Vio Bank's 4.6.
  • Chase Bank offers a savings account with no minimum balance requirement.

Potential Drawbacks

  • Chase Savings℠ has a low APY of 0.01%, unchanged from 30 days ago.
  • Chase Bank charges a $5 maintenance fee unless certain conditions are met.

Vio Bank

Strengths

  • Vio Bank offers a competitive APY of 4.21%, significantly higher than Chase Bank.
  • Vio Bank has an A+ BBB rating and is BBB Accredited.

Potential Drawbacks

  • Vio Bank's App Store rating is lower at 4.6, and Google Play rating is only 3.3.
  • Vio Bank requires a minimum deposit of $100 to open an account.
Summary: Chase Bank provides a basic savings account with a low APY of 0.01% and a $5 maintenance fee. In contrast, Vio Bank offers a high-yield savings account with a much higher APY of 4.21% and no maintenance fees, but requires a $100 minimum deposit. Vio Bank also has a better BBB rating, while Chase Bank excels in App Store ratings.

→ As of November 12, 2025 Chase Bank offers an APY of 0.01% for its Chase Savings℠ account, with a minimum balance of $0, compared to Vio Bank's 4.21% APY for its Online Savings Account, with a minimum balance of $0.

Vio Bank yields $420 more than Chase Bank on a $10,000 balance after one year. Chase Bank pays $1, while Vio Bank pays $421 - an APY advantage for Vio Bank.

Calculate Savings Growth for Chase Bank vs Vio Bank

All calculations are based on APY.

Chase Bank - Chase Savings℠

Top APY: 0.01%

Total savings breakdown:

  • Interest earned: $5.7 (0.03%)
  • Total contributions: $13,000 (72.20%)
  • Initial deposit: $5,000 (27.77%)

Your total balance

$18,005.70

Effective APY: 0.01% (based on your deposit and contributions)

Total balance: $18,005.7

Earnings: $5.7

Bank Overview

Vio Bank - Online Savings Account

Top APY: 4.21%

Total savings breakdown:

  • Interest earned: $2,570.8 (12.50%)
  • Total contributions: $13,000 (63.20%)
  • Initial deposit: $5,000 (24.31%)

Your total balance

$20,570.80

Effective APY: 4.21% (based on your deposit and contributions)

Total balance: $20,570.8

Earnings: $2,570.8

Bank Overview

With a $5,000 initial deposit and $13,000 in total contributions over 5 years, Chase Bank's total earnings would be $2,565.1 lower than Vio Bank's total earnings.

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

Compare Chase Bank's vs Vio Bank's Savings Accounts

Chase BankVio Bank
ProductChase Savings℠vsOnline Savings Account
APY
0.01% (as of 11/12/2025)4.21% (as of 11/12/2025)
Bundled Account
NoNo
FDIC-insured
YesYes
Online OnlyNoYes
Compound Frequency
MonthlyDaily
Minimum Deposit$0$100
Minimum Balance for APY$0$0
Maintenance Fee$5$0, if electronic statements selected, otherwise $5
Direct Deposit Required
NoNo
NoteAPY 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.
App Store Rating4.8/54.6/5
Google Play Rating4.6/53.3/5
BBB RatingA-A+

No historical data available.

More Comparisons

Compare Chase Bank's APY of 0.01% with other banks
Compare Vio Bank's APY of 4.21% with other banks