Chime vs. Neighbors Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | ChimeChime High-Yield Savings Account Jan 21, 2026 | Neighbors BankNeighbors Savings Account Jan 21, 2026 |
|---|---|---|
| APY | 1.00% - 3.50% | 4.20% |
Est. Earnings | $5,000+$175 $10,000+$350 $25,000+$875 | $5,000+$210 $10,000+$420 $25,000+$1,050 |
Min Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
Terms | - | Balances up to $250,000 earn 4.20% APY. Anything above will earn 0.05% APY. |
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDirect Deposit ReqChecking Bundle | FDIC InsuredNo MinimumsGreat Android AppIn-Person Access |
Comparison Analysis
Comparing Chime vs. Neighbors Bank
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 Neighbors Bank's 4.20% APY for its Neighbors Savings Account, with a minimum balance of $0.
Neighbors Bank pays $70 more than Chime on a $10,000 balance after one year. Chime pays $350, while Neighbors Bank pays $420 - an APY advantage for Neighbors Bank.
Why Chime?
- ✓Higher rated iOS app (4.8 vs 3.3)
- ✓Higher rated Android app (4.8 vs 4.4)
- ✓Available Nationwide
Why Neighbors Bank?
- ✓Higher potential APY (4.20% vs 3.50%) on all balances
- ✓No checking account or direct deposit required
- ✓Physical branch access (One location in Columbia, Missouri)
— Key Feature Differences —
Better Returns at $10,000
Neighbors BankNeighbors Bank's Neighbors Savings Account earns more on smaller deposits (approx. $420 vs $350/yr).
Better Returns at $25,000
Neighbors BankNeighbors Bank's Neighbors Savings Account pulls ahead with larger amounts (approx. $1050 vs $875/yr).
Best Mobile App Experience
ChimeChime offers an iOS app rated 4.8 (vs. 3.3) and Android app rated 4.8 (vs. 4.4)
Shared Benefits
Over a 1-year period, Neighbors Bank's Neighbors Savings Account pays $70 more interest on a $10,000 balance than Chime's Chime High-Yield Savings Account.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
Neighbors Bank offers a competitive Neighbors Savings Account with a higher APY of 4.20%, making it the winner in this comparison. This account allows balances up to $250,000 to earn the top rate, while any amount above that earns a lower rate of 0.05%. In contrast, Chime's High-Yield Savings Account provides an APY of 3.50%, but requires a qualifying direct deposit of $200 or more within the preceding 34 days. Both banks have no maintenance fees and require no minimum deposit, but Chime operates online-only, while Neighbors Bank has physical branch access.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Chime vs. Neighbors Bank Savings Calculator
You earn $70 more with Neighbors Bank than Chime 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
Neighbors Bank
Neighbors Savings Account
4.20% on first $250,000 and 0.05% thereafter.
Savings Breakdown
- Interest Earned+$420.00(4.0%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,420.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Chime | Neighbors Bank |
|---|---|---|
| APY | 3.50% Range: 1.00% - 3.50% Verified: 1/21/2026 Stable (90d) | 4.20% Verified: 1/21/2026 ↘︎ 0.30%90d Change |
| Product Name | Chime High-Yield Savings Account | Neighbors Savings Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0.01 | $0 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | Yes |
| Account Type | Online Only | Online & Branches |
| 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 | iOS3.3 Android4.4 |
| Zelle® Support | Not Supported | Not Supported |
| BBB Rating | A+ | A+ |
| Important Notes | - | Balances up to $250,000 earn 4.20% APY. Anything above will earn 0.05% APY. |
| Next Steps | Visit SiteVerify at Chime Non-sponsored link to official site | Visit SiteVerify at Neighbors Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Chime | Neighbors Bank |
|---|---|---|
| Chime High-Yield Savings Account | Neighbors Savings Account | |
Current APY | 3.50% | 4.20% |
Trend | Stable | Stable |
Velocity (bps/mo) | 5.0 | -3.0 |
Days Since Change | 97 | 6 |
11-Month High | 3.75% | 4.75% |
11-Month Low | 2.00% | 4.20% |
Adjustments / Mo | 0.18 | 0.36 |
Volatility Score | 0.140 | 0.027 |
How to read these metrics(Click to expand)
Compare Similar Alternatives
Compare Chime vs...
Comparing against other Bundled Accounts
Compare Neighbors Bank vs...
Comparing against Standard Savings