Citizens Access vs. Elevault
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 16, 2025
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Summary of Citizens Access™ vs. Elevault
Key Metrics at a Glance
| Feature | Citizens Access™ | Elevault |
|---|---|---|
| Top Savings APY | 3.35% Citizens Access® Savings | 4.08% High Yield Savings Account |
| Minimum to Open | $0.01 | $0 |
| Minimum Balance for Top APY | $0.01 | $0 |
| Note | The 4.08% APY is up to $250,000. Balances above that earn no interest. Daily deposit limit is $2,500. |
Citizens Access™
Strengths
- Citizens Access™ offers a competitive APY of 3.35%, though it decreased from 3.50% last month.
- Citizens Access™ has a high BBB rating of A+ and is BBB Accredited.
- Citizens Access™ has excellent App Store and Google Play ratings of 4.8.
Potential Drawbacks
- Citizens Access™ has no branches, which may limit in-person customer service options.
Elevault
Strengths
- Elevault offers a higher APY of 4.08%, although it decreased from 4.34% last month.
- Elevault has a lower minimum deposit and balance requirement of $0.
Potential Drawbacks
- Elevault is not BBB Accredited, despite having an A+ rating.
- Elevault has lower App Store and Google Play ratings of 3.7 and 3.9, respectively.
→ As of November 16, 2025 Citizens Access™ offers an APY of 3.35% for its Citizens Access® Savings account, with a minimum balance of $0.01, compared to Elevault's 4.08% APY for its High Yield Savings Account, with a minimum balance of $0.
→ Elevault yields $73 more than Citizens Access™ on a $10,000 balance after one year. Citizens Access™ pays $335, while Elevault pays $408 - an APY advantage for Elevault.
Calculate Savings Growth for Citizens Access™ vs Elevault
Citizens Access™ - Citizens Access® Savings
Total savings breakdown:
- Interest earned: $2,018.8 (10.08%)
- Total contributions: $13,000 (64.94%)
- Initial deposit: $5,000 (24.98%)
Your total balance
$20,018.80
Total balance: $20,018.8
Earnings: $2,018.8
Bank OverviewElevault - High Yield Savings Account
Total savings breakdown:
- Interest earned: $2,486.4 (12.14%)
- Total contributions: $13,000 (63.46%)
- Initial deposit: $5,000 (24.41%)
Your total balance
$20,486.40
Total balance: $20,486.4
Earnings: $2,486.4
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Citizens Access™'s total earnings would be $467.6 lower than Elevault's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Citizens Access™'s vs Elevault's Savings Accounts
| Citizens Access™ | Elevault | ||
|---|---|---|---|
| Product | Citizens Access® Savings | vs | High Yield Savings Account |
| APY | 3.35% (as of 11/16/2025) | 4.08% (as of 11/16/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | Daily | |
| Minimum Deposit | $0.01 | $0 | |
| Minimum Balance for APY | $0.01 | $0 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| Note | The 4.08% APY is up to $250,000. Balances above that earn no interest. Daily deposit limit is $2,500. | ||
| App Store Rating | 4.8/5 | 3.7/5 | |
| Google Play Rating | 4.8/5 | 3.9/5 | |
| BBB Rating | A+ | A+ |
Comparative Historical APY Insights (Last 3 Months)
| Citizens Access™ | Elevault | ||
|---|---|---|---|
| Product | Citizens Access® Savings | vs | High Yield Savings Account |
| Latest APY | 3.35 % | 4.08 % | |
| Trend | Sideways | Falling | |
| Slope (bps/mo) | -4.4 | -16.6 | |
| Rate Changes / Mo | 0.29 | 0.59 | |
| Days Since Last Change | 17 | 12 | |
| High (-3 m) | 3.50 % | 4.60 % | |
| Low (-3 m) | 3.35 % | 4.08 % | |
| Draw-down from High | -4.3 % | -11.3 % | |
| Volatility (CV) | 0.019 | 0.042 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 3 months (regression slope).
- Slope (bps/mo)
- Average monthly change; 10 bps = 0.10 pp.
- Rate Changes / Mo
- Typical number of APY moves per month.
- Days Since Last Change
- Recency of the latest APY adjustment.
- High (-3 m)
- Highest APY in the last 102 days.
- Low (-3 m)
- Lowest APY in the last 102 days.
- Draw-down from High
- How far today sits below the 3-month peak.
- Volatility (CV)
- Coefficient of variation = stdev ÷ mean.
Why Track Savings-Account APYs?
- See how quickly a bank reacts to Fed moves or competition.
- Gauge “twitchiness” - frequent moves can annoy savers.
- Spot if you're buying near a peak (draw-down) or riding a rise.
- Slope (bps/mo) shows speed of change.
- Volatility (CV) scales jumps by average level.