Chime vs. FNBO Direct
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | ChimeChime High-Yield Savings Account Jan 21, 2026 | FNBO DirectHigh-Yield Online Savings Account Jan 21, 2026 |
|---|---|---|
| APY | 1.00% - 3.50% | 3.00% |
Est. Earnings | $5,000+$175 $10,000+$350 $25,000+$875 | $5,000+$150 $10,000+$300 $25,000+$750 |
Min Deposit | $0 | $1 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDirect Deposit ReqChecking Bundle | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppZelle® Supported |
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 Chime vs. FNBO Direct
As of Chime offers an APY of 3.50% for its Chime High-Yield Savings Account, with a minimum balance of $0.01, compared to FNBO Direct's 3.00% APY for its High-Yield Online Savings Account, with a minimum balance of $0.01.
Chime pays $50 more than FNBO Direct on a $10,000 balance after one year. Chime pays $350, while FNBO Direct pays $300 - an APY advantage for Chime.
Why Chime?
- ✓Higher potential APY (3.50% vs 3.00%) on all balances
Why FNBO Direct?
- ✓No checking account or direct deposit required
- ✓Fast transfers via Zelle®
— Key Feature Differences —
Better Returns at $10,000
ChimeChime's Chime High-Yield Savings Account earns more on smaller deposits (approx. $350 vs $300/yr).
Better Returns at $25,000
ChimeChime's Chime High-Yield Savings Account pulls ahead with larger amounts (approx. $875 vs $750/yr).
Best for All-in-One Banking
ChimeChime's Chime High-Yield Savings Account pays a superior APY for customers who also open a checking account.
Shared Benefits
Over a 1-year period, Chime's Chime High-Yield Savings Account pays $50 more interest on a $10,000 balance than FNBO Direct's High-Yield Online Savings Account.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
Chime offers a competitive Chime High-Yield Savings Account with an APY of 3.50%, requiring a qualifying direct deposit of $200 or more within the preceding 34 days. This account stands out for its higher returns compared to FNBO Direct's High-Yield Online Savings Account, which has an APY of 3.00%. Both accounts have no maintenance fees and require a minimum balance of $0.01, making them accessible options for savers. However, Chime's account is particularly advantageous for those who also open a checking account, as it provides superior returns. FNBO Direct does not require direct deposit, making it a simpler option for those who prefer not to meet that condition.
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
Chime vs. FNBO Direct Savings Calculator
You earn $50 more with Chime than FNBO Direct 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.
Chime
Chime High-Yield Savings Account
Savings Breakdown
- Interest Earned+$350.00(3.4%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,350.00
FNBO Direct
High-Yield Online Savings Account
Savings Breakdown
- Interest Earned+$300.00(2.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,300.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Chime | FNBO Direct |
|---|---|---|
| APY | 3.50% Range: 1.00% - 3.50% Verified: 1/21/2026 Stable (90d) | 3.00% Verified: 1/21/2026 Stable (90d) |
| Product Name | Chime High-Yield Savings Account | High-Yield Online Savings Account |
| Minimum Deposit | $0 | $1 |
| Min. Balance for APY | $0.01 | $0.01 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| 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 | Yes | No |
| Mobile Apps | iOS4.8 Android4.8 | iOS4.5 Android4.8 |
| Zelle® Support | Not Supported | Available Online division fully supports Zelle. |
| BBB Rating | A+ | A+ |
| Next Steps | Visit SiteVerify at Chime Non-sponsored link to official site | Visit SiteVerify at FNBO Direct Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Chime | FNBO Direct |
|---|---|---|
| Chime High-Yield Savings Account | High-Yield Online Savings Account | |
Current APY | 3.50% | 3.00% |
Trend | Stable | Stable |
Velocity (bps/mo) | -6.0 | -5.7 |
Days Since Change | 97 | 110 |
6-Month High | 3.75% | 3.25% |
6-Month Low | 3.50% | 3.00% |
Adjustments / Mo | 0.17 | 0.17 |
Volatility Score | 0.034 | 0.038 |
How to read these metrics(Click to expand)
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