High-Yield Savings Account Comparison

Chime vs. GO2bank

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

Analysis by Aviel Fahl
Updated December 6, 2025
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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

GO2bank

High Yield Savings

Up to
4.50%
APY
Dec 6, 2025
FDIC InsuredChecking BundleNo MinimumsGreat iOS AppGreat Android App
Range: 0.00% 4.50%
Show Fine Print & Trends
Min. Deposit$0
Min. Balance$0
Maintenance Fee$5 per month, unless you set up direct deposit
Compound FreqQuarterly
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 22653)
EligibilityUnited States
Mobile Ratings
BBB Rating

Important Note

A GO2bank checking account is required to open a savings account. The 4.50% APY is up to $5,000. Balances above that earn no interest.

Rate Stability

Very StableNo rate changes in last 90 days

Looking for Simplicity?

Don't want a checking bundle? We track many high-yield banks that offer competitive rates without checking requirements.

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Comparison Analysis

Comparing Chime vs. GO2bank

Updated: Dec 6, 2025

Why Chime?

No distinct advantages found vs GO2bank.

Why GO2bank?

  • Higher potential APY (4.50% vs 3.50%) on balances up to $5,000 (requires checking bundle)

— Key Feature Differences —

Better Returns at $10,000
Chime

Chime's Chime High-Yield Savings Account earns more on smaller deposits (approx. $350 vs $225/yr).

Better Returns at $25,000
Chime

Chime's Chime High-Yield Savings Account pulls ahead with larger amounts (approx. $875 vs $225/yr).

Requires Banking Relationship

Both banks require a checking account bundle to access their highest rates.

Shared Benefits

Both banks have options with $0 opening deposit Available Nationwide Available to New & Existing Customers
The Bottom Line

Over a 1-year period, Chime's Chime High-Yield Savings Account pays $125 more interest on a $10,000 balance than GO2bank's High Yield Savings.

GO2bankChime
Automated Data Audit

Executive Summary

GO2bank offers a High Yield Savings account with a competitive APY of 4.50%, which is significantly higher than Chime's 3.50% APY for its High-Yield Savings Account. However, to open a GO2bank savings account, a GO2bank checking account is required, and the 4.50% APY applies only to balances up to $5,000; amounts above that earn no interest. In contrast, Chime's account does not require a checking account, but it does necessitate a qualifying direct deposit of $200 or more within the preceding 34 days. Both accounts are online-only and have no maintenance fees, making them accessible options 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.

Top Market Contenders

See who beats both Chime and GO2bank.

Compare All High-Yield Savings Accounts
Pibank
Pibank Savings
FDIC InsuredNo Minimums
4.60% APY
+0.10% vs GO2bank
Better Rate
Neighbors Bank
Neighbors Savings Account
FDIC InsuredNo MinimumsGreat Android App
4.50% APY
Better Rate
FeatureChimeGO2bank
APY
3.50%
Range: 1.00% - 3.50%
Verified: 12/6/2025
↘︎ 0.25%90d Change
4.50%
0
Verified: 12/6/2025
Stable (90d)
Product NameChime High-Yield Savings AccountHigh Yield Savings
Minimum Deposit$0$0
Min. Balance for APY$0.01$0
Monthly Fee$0$5 per month, unless you set up direct deposit
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 Yes Yes
Mobile Apps
iOS4.8
Android4.7
iOS4.8
Android4.5
BBB RatingA+Not Rated
Important Notes-A GO2bank checking account is required to open a savings account. The 4.50% APY is up to $5,000. Balances above that earn no interest.
Next Steps

Savings Comparison

Calculations based on current APY.
$
$

Chime earns $883.2 more than GO2bank.

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%

GO2bank

High Yield Savings

4.50% APY

4.50% on first $5,000 and 0.00% thereafter.

Savings Breakdown

  • Interest Earned
    +$1,230.90(6.4%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$19,230.90

Effective APY
2.08%

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

📈 Compare Savings Rates Over Time

Historical Performance

Last 4 Months Analysis
MetricChimeGO2bank
Chime High-Yield Savings AccountHigh Yield Savings
Current APY
3.50%4.50%
Trend
Stable Stable
Velocity (bps/mo)
-9.10.0
Days Since Change
51121
4-Month High
3.75%4.50%
4-Month Low
3.50%4.50%
Adjustments / Mo
0.250.00
Volatility Score
0.0340.000
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 122-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.

More Comparisons

Compare Chime's APY of 3.50% with other banks
Compare GO2bank's APY of 4.50% with other banks