High-Yield Savings Account Comparison

Chime vs. EverBank

Compare rates, requirements, and features side-by-side to find the best option for you.

Analysis by Aviel Fahl
Updated December 6, 2025
Advertising Disclosure: We may earn a commission from partner links.

Chime

Chime High-Yield Savings Account

Up to
3.50%
APY
Dec 6, 2025
FDIC InsuredDirect Deposit ReqChecking BundleNo MinimumsGreat iOS AppGreat Android App
Range: 1.00% – 3.50%
Show Fine Print & Trends
Min. Deposit$0
Min. Balance$0.01
Maintenance Fee$0
Compound FreqDaily
Direct DepositRequired (You need to receive a qualifying direct deposit of $200 or more within the preceding 34 days)
Deposit InsuranceFDIC Insured
EligibilityUnited States
Mobile Ratings
iOS:4.8Android:4.7
BBB Rating
A+(BBB Accredited)

Rate Stability

Rate Adjusted
-0.25%
Since 90 days ago
Read Bank Overview

EverBank

Performance Savings

4.05%
APY
Dec 6, 2025
FDIC InsuredNo Minimums
Show Fine Print & Trends
Min. Deposit$0
Min. Balance$0
Maintenance Fee$0
Compound FreqDaily
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 34775)
EligibilityUnited States
Mobile Ratings
iOS:2.3Android:1.4
BBB Rating
A+(Not BBB Accredited)

Rate Stability

Rate Adjusted
-0.25%
Since 90 days ago
Read Bank Overview

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.

See Top Rates

Comparison Analysis

Comparing Chime vs. EverBank

Updated: Dec 6, 2025

Why Chime?

  • ✓Higher rated iOS app (4.8 vs 2.3)
  • ✓Higher rated Android app (4.7 vs 1.4)

Why EverBank?

  • ✓Higher potential APY (4.05% vs 3.50%) on all balances
  • ✓No checking account or direct deposit required
  • ✓Physical branch access (11 locations in Florida and California)

— Key Feature Differences —

Better Returns at $10,000
EverBank

EverBank's Performance Savings earns more on smaller deposits (approx. $405 vs $350/yr).

Better Returns at $25,000
EverBank

EverBank's Performance Savings pulls ahead with larger amounts (approx. $1013 vs $875/yr).

Best for Simplicity
EverBank

EverBank's Performance Savings offers 4.05% APY with no bundling, direct deposit requirement or caps.

Best Mobile App Experience
Chime

Chime offers an iOS app rated 4.8 (vs. 2.3) and Android app rated 4.7 (vs. 1.4)

Shared Benefits

Both offer monthly maintenance-free account options Both banks have options with $0 opening deposit Available Nationwide Available to New & Existing Customers
The Bottom Line

Over a 1-year period, EverBank's Performance Savings pays $55 more interest on a $10,000 balance than Chime's Chime High-Yield Savings Account.

ChimeEverBank
Automated Data Audit

Executive Summary

EverBank offers a Performance Savings account with a competitive APY of 4.05%, making it the winner in this comparison. This account has no direct deposit requirement, maintenance fees, or minimum balance, providing a straightforward savings option. In contrast, Chime's High-Yield Savings Account offers a lower APY of 3.50%, but requires a qualifying direct deposit of $200 or more within the preceding 34 days. Both accounts are online-only and have daily compounding, but EverBank's higher yield and simpler access make it a more attractive choice for savers.

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.

ExploreChimeExploreEverBank

Top Market Contenders

See who beats both Chime and EverBank.

Compare All High-Yield Savings Accounts
Pibank
Pibank Savings
FDIC InsuredNo Minimums
4.60% APY
+0.55% vs EverBank
Better Rate
Pibank vs ChimePibank vs EverBank
Neighbors Bank
Neighbors Savings Account
FDIC InsuredNo MinimumsGreat Android App
4.50% APY
+0.45% vs EverBank
Better Rate
Neighbors Bank vs ChimeNeighbors Bank vs EverBank
Axos Bank
Axos ONE
FDIC InsuredNo MinimumsGreat iOS AppGreat Android App
4.31% APY
+0.26% vs EverBank
Better Rate
Axos Bank vs ChimeAxos Bank vs EverBank
FeatureChimeEverBank
APY
3.50%
Range: 1.00% - 3.50%
Verified: 12/6/2025
↘︎ 0.25%90d Change
4.05%
Verified: 12/6/2025
↘︎ 0.25%90d Change
Product NameChime High-Yield Savings AccountPerformance Savings
Minimum Deposit$0$0
Min. Balance for APY$0.01$0
Monthly Fee$0$0
Branch AccessNoneNone
Account Type
Online Only
Online Only
Direct Deposit Req.
RequiredYou need to receive a qualifying direct deposit of $200 or more within the preceding 34 days
None
Checking Bundle YesNo
Mobile Apps
iOS4.8
Android4.7
iOS2.3
Android1.4
BBB RatingA+A+
Next Steps
- View Details
- View Details

Savings Comparison

Calculations based on current APY.
$
$

EverBank earns $352.9 more than Chime.

Chime

Chime High-Yield Savings Account

3.50% APY

Savings Breakdown

  • Interest Earned
    +$2,114.10(10.5%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$20,114.10

Effective APY
3.50%
View Details

EverBank

Performance Savings

4.05% APY

Savings Breakdown

  • Interest Earned
    +$2,467.00(12.1%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$20,467.00

Effective APY
4.05%
View Details

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

📈 Compare Savings Rates Over Time

Historical Performance

Last 10 Months Analysis
MetricChimeEverBank
Chime High-Yield Savings AccountPerformance Savings
Current APY
3.50%4.05%
Trend
 Stable Stable
Velocity (bps/mo)
12.3-2.9
Days Since Change
5178
10-Month High
3.75%4.30%
10-Month Low
2.00%4.05%
Adjustments / Mo
0.190.10
Volatility Score
0.1930.027
How to read these metrics(Click to expand)

Trends & Velocity

  • Trend: The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
  • Velocity (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
  • Adjustments/Mo: "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.

Risk & Range

  • High/Low: The absolute ceiling and floor of the rate during the 310-day window.
  • Volatility Score: Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
  • Days Since Change: If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

Compare Similar Alternatives

Compare Chime vs...

Comparing against other Bundled Accounts

vs Chime
Axos BankChecking Bundle
4.31%
APY
vs Chime
SoFi BankChecking Bundle
4.30%
APY
vs Chime
Presidential BankChecking Bundle
4.00%
APY

Compare EverBank vs...

Comparing against Standard Savings

vs EverBank
PibankNo Bundle Req
4.60%
APY
vs EverBank
Neighbors BankNo Bundle Req
4.50%
APY
vs EverBank
TIMBRNo Bundle Req
4.40%
APY

More Comparisons

Compare Chime's APY of 3.50% with other banks
Bank PairCompetitor APYMin Deposit
Chime vs Ally Bank3.30%$0
Chime vs American Express3.40%$0
Chime vs Axos Bank4.31%$0
Chime vs Bank of America0.01%$100
Chime vs Barclays4.00%$0
Chime vs Bask Bank3.90%$0
Chime vs BMO Alto3.25%$0
Chime vs BrioDirect4.00%$5,000
Chime vs Capital One3.40%$0
Chime vs Chase Bank0.01%$0
Chime vs CIT Bank3.75%$100
Chime vs Citibank3.30%$0
Chime vs Citizens Access™3.35%$0.01
Chime vs Climate First Bank4.21%$50
Chime vs Discover Bank3.40%$0
Chime vs Elevault4.08%$0
Chime vs Fitness Bank4.75%$100
Chime vs FNBO Direct3.00%$1
Chime vs Forbright Bank4.00%$0
Chime vs FVCbank3.85%$500
Chime vs GO2bank4.50%$0
Chime vs Ivy Bank4.25%$2,500
Chime vs LendingClub4.20%$0
Chime vs Marcus by Goldman Sachs3.65%$0
Chime vs Neighbors Bank4.50%$0
Chime vs Newtek Bank4.35%$0.01
Chime vs Openbank4.20%$500
Chime vs Peak Bank4.20%$100
Chime vs Pibank4.60%$0
Chime vs PNC3.53%$0
Chime vs Presidential Bank4.00%$5,000
Chime vs Quontic Bank3.75%$100
Chime vs Salem Five Direct3.71%$10
Chime vs Santander Bank0.01%$25
Chime vs SoFi Bank4.30%$0
Chime vs Synchrony Bank3.65%$0
Chime vs TIMBR4.40%$1,000
Chime vs UFB Direct3.71%$5000
Chime vs Valley Direct4.10%$1,000
Chime vs Varo Bank5.00%$0
Chime vs Vio Bank4.16%$100
Chime vs Wealthfront4.15%$0
Chime vs Wells Fargo0.05%$25
Chime vs Zynlo Bank4.05%$10
Compare EverBank's APY of 4.05% with other banks
Bank PairCompetitor APYMin Deposit
EverBank vs Ally Bank3.30%$0
EverBank vs American Express3.40%$0
EverBank vs Axos Bank4.31%$0
EverBank vs Bank of America0.01%$100
EverBank vs Barclays4.00%$0
EverBank vs Bask Bank3.90%$0
EverBank vs BMO Alto3.25%$0
EverBank vs BrioDirect4.00%$5,000
EverBank vs Capital One3.40%$0
EverBank vs Chase Bank0.01%$0
EverBank vs CIT Bank3.75%$100
EverBank vs Citibank3.30%$0
EverBank vs Citizens Access™3.35%$0.01
EverBank vs Climate First Bank4.21%$50
EverBank vs Discover Bank3.40%$0
EverBank vs Elevault4.08%$0
EverBank vs Fitness Bank4.75%$100
EverBank vs FNBO Direct3.00%$1
EverBank vs Forbright Bank4.00%$0
EverBank vs FVCbank3.85%$500
EverBank vs GO2bank4.50%$0
EverBank vs Ivy Bank4.25%$2,500
EverBank vs LendingClub4.20%$0
EverBank vs Marcus by Goldman Sachs3.65%$0
EverBank vs Neighbors Bank4.50%$0
EverBank vs Newtek Bank4.35%$0.01
EverBank vs Openbank4.20%$500
EverBank vs Peak Bank4.20%$100
EverBank vs Pibank4.60%$0
EverBank vs PNC3.53%$0
EverBank vs Presidential Bank4.00%$5,000
EverBank vs Quontic Bank3.75%$100
EverBank vs Salem Five Direct3.71%$10
EverBank vs Santander Bank0.01%$25
EverBank vs SoFi Bank4.30%$0
EverBank vs Synchrony Bank3.65%$0
EverBank vs TIMBR4.40%$1,000
EverBank vs UFB Direct3.71%$5000
EverBank vs Valley Direct4.10%$1,000
EverBank vs Varo Bank5.00%$0
EverBank vs Vio Bank4.16%$100
EverBank vs Wealthfront4.15%$0
EverBank vs Wells Fargo0.05%$25
EverBank vs Zynlo Bank4.05%$10