High-Yield Savings Account Comparison

Climate First Bank vs. Wells Fargo

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

Analysis by Aviel Fahl
Updated January 21, 2026
Comparison of Climate First Bank vs Wells Fargo savings accounts
Metric

Climate First Bank

Super Duper Savings Account

Jan 21, 2026

Wells Fargo

Platinum Savings

Jan 21, 2026
APY4.21%0.05%
Est. Earnings
$5,000+$211
$10,000+$421
$25,000+$1,053
$5,000+$3
$10,000+$5
$25,000+$13
Min Deposit
$50$25

Snapshot view. Rates subject to change.

Terms
-This is a tiered savings account where rates vary based on the balance. The 0.05% APY is available for balances of $1,000,000 or more, and 0.05% APY up to $99,999.99. These APYs require the account is linked to a Wells Fargo Premier checking account. See bank for more tiers and details.
Features
FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppIn-Person AccessZelle® Supported
FDIC InsuredHigh MinimumGreat iOS AppGreat Android AppIn-Person AccessZelle® SupportedChecking Bundle

Comparison Analysis

Comparing Climate First Bank vs. Wells Fargo

Updated: Jan 21, 2026

As of Climate First Bank offers an APY of 4.21% for its Super Duper Savings Account, with a minimum balance of $0, compared to Wells Fargo's 0.05% APY for its Platinum Savings account, with a minimum balance of $1,000,000.

Climate First Bank pays $416 more than Wells Fargo on a $10,000 balance after one year. Climate First Bank pays $421, while Wells Fargo pays $5 - an APY advantage for Climate First Bank.

In addition, Wells Fargo also offers 0.01% APY for the Way2Save Savings account, with a minimum balance of $0.

Why Climate First Bank?

  • Higher potential APY (4.21% vs 0.01%-0.05%) on all balances
  • No checking account or direct deposit required

Why Wells Fargo?

  • Higher rated Android app (4.8 vs 4.4)
  • Offers 2 different high-yield savings options

— Key Feature Differences —

Better Returns at $10,000
Climate First Bank

Climate First Bank's Super Duper Savings Account earns more on smaller deposits (approx. $421 vs $5/yr).

Better Returns at $25,000
Climate First Bank

Climate First Bank's Super Duper Savings Account pulls ahead with larger amounts (approx. $1053 vs $13/yr).

Best for Simplicity
Climate First Bank

Climate First Bank's Super Duper Savings Account offers 4.21% APY with no bundling, direct deposit requirement or caps.

Shared Benefits

Fast transfers via Zelle® Available Nationwide Available to New & Existing Customers
The Bottom Line on APY (Interest Only)

Over a 1-year period, Climate First Bank's Super Duper Savings Account pays $416 more interest on a $10,000 balance than Wells Fargo's Platinum Savings.

*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.

Wells FargoClimate First Bank

Executive Summary as of

Climate First Bank offers a clear advantage with its Super Duper Savings Account, which provides a competitive APY of 4.21%. This account requires a minimum deposit of $50 and has no maintenance fees if electronic statements are selected. In contrast, Wells Fargo's highest APY is just 0.05% with their Platinum Savings account, which requires a significant minimum balance of $1,000,000 and is linked to a checking account. The Way2Save Savings account at Wells Fargo offers an even lower APY of 0.01%. Overall, Climate First Bank's offering stands out significantly for those looking for better returns.

The analysis is based on current Banksparency database records

* This content is provided for informational purposes only; always verify details with the provider.

Verify At
Climate First Bank

Non-sponsored link to official site

Verify At
Wells Fargo

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Top Market Contenders

Climate First Bank vs. Wells Fargo Savings Calculator

Calculations based on current APY for Super Duper Savings Account and Platinum Savings
$
$

You earn $416 more with Climate First Bank than Wells Fargo 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.

Climate First Bank

Super Duper Savings Account

4.21% APY

Savings Breakdown

  • Interest Earned
    +$421.00(4.0%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,421.00

Effective APY
4.21%

Wells Fargo

Platinum Savings

0.05% APY

Higher APY requires $1,000,000

Savings Breakdown

  • Interest Earned
    +$5.00(0.0%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,005.00

Effective APY
0.05%

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

FeatureClimate First BankWells Fargo
APY
4.21%
Verified: 1/21/2026
-
0.05%
Range: 0.05% - 0.05%
Verified: 1/21/2026
Stable (90d)
Product NameSuper Duper Savings AccountPlatinum Savings
Minimum Deposit$50$25
Min. Balance for APY$0$1,000,000
Monthly Fee$0, if electronic statements selected, otherwise $5$12. Waived with $3,500 minimum daily balance.
Branch AccessYesYes
Account Type
Online & Branches
Online & Branches
Direct Deposit Req.NoneNone
Checking BundleNo Yes
Mobile Apps
iOS4.9
Android4.4
iOS4.9
Android4.8
Zelle® Support
Available
Verified in Climate First Bank Personal app.
Available
Limit: $3,500/dayFounding member; zero fees to replace wires.
BBB RatingA-D-
Important Notes-This is a tiered savings account where rates vary based on the balance. The 0.05% APY is available for balances of $1,000,000 or more, and 0.05% APY up to $99,999.99. These APYs require the account is linked to a Wells Fargo Premier checking account. See bank for more tiers and details.
Next Steps
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📈 Compare Savings Rates Over Time

Historical Performance

Last 2 Months Analysis
MetricClimate First BankWells Fargo
Super Duper Savings AccountPlatinum SavingsWay2Save Savings
Current APY
4.21%0.05%0.01%
Trend
Stable Stable Stable
Velocity (bps/mo)
0.00.0-0.0
Days Since Change
565656
2-Month High
4.21%0.05%0.01%
2-Month Low
4.21%0.05%0.01%
Adjustments / Mo
0.000.000.00
Volatility Score
0.0000.0000.000
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 57-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 Climate First Bank's APY of 4.21% with other banks
Bank PairCompetitor APYMin Deposit
Climate First Bank vs Affirm3.20%$0
Climate First Bank vs Ally Bank3.30%$0
Climate First Bank vs American Express3.30%$0
Climate First Bank vs Axos Bank4.31%$0
Climate First Bank vs Bank of America0.01%$100
Climate First Bank vs Barclays4.00%$0
Climate First Bank vs Bask Bank3.75%$0
Climate First Bank vs Betterment3.25%$10
Climate First Bank vs BMO Alto3.25%$0
Climate First Bank vs Bread Savings4.00%$100
Climate First Bank vs BrioDirect3.75%$5,000
Climate First Bank vs Capital One3.30%$0
Climate First Bank vs Carver Bank4.00%$5,000
Climate First Bank vs Charles Schwab Bank0.15%$0
Climate First Bank vs Chase Bank0.01%$0
Climate First Bank vs Chime3.50%$0
Climate First Bank vs CIT Bank3.75%$100
Climate First Bank vs Citibank3.30%$0
Climate First Bank vs Citizens Access™3.15%$0.01
Climate First Bank vs Colorado Federal Savings Bank4.05%$50,000
Climate First Bank vs Discover Bank3.30%$0
Climate First Bank vs E*TRADE from Morgan Stanley3.50%$0
Climate First Bank vs Elevault3.82%$0
Climate First Bank vs EverBank3.90%$0
Climate First Bank vs Fitness Bank4.75%$100
Climate First Bank vs FNBO Direct3.00%$1
Climate First Bank vs Forbright Bank3.85%$0
Climate First Bank vs FVCbank3.85%$500
Climate First Bank vs GO2bank4.50%$0
Climate First Bank vs Ivy Bank4.00%$2,500
Climate First Bank vs Jenius Bank4.05%$0
Climate First Bank vs LendingClub4.00%$0
Climate First Bank vs Marcus by Goldman Sachs3.65%$0
Climate First Bank vs MutualOne Bank4.07%$20,000
Climate First Bank vs My Banking Direct4.02%$500
Climate First Bank vs Neighbors Bank4.20%$0
Climate First Bank vs Newtek Bank4.35%$0.01
Climate First Bank vs Openbank4.20%$500
Climate First Bank vs Peak Bank3.99%$100
Climate First Bank vs Pibank4.60%$0
Climate First Bank vs PNC3.30%$0
Climate First Bank vs Popular Direct3.90%$100
Climate First Bank vs Presidential Bank3.75%$5,000
Climate First Bank vs Quontic Bank3.50%$100
Climate First Bank vs Salem Five Direct3.61%$10
Climate First Bank vs Sallie Mae Bank3.90%$0
Climate First Bank vs Santander Bank0.01%$25
Climate First Bank vs SoFi Bank4.00%$0
Climate First Bank vs Synchrony Bank3.65%$0
Climate First Bank vs TD Bank2.36%$0
Climate First Bank vs TIMBR4.15%$1,000
Climate First Bank vs UFB Direct3.46%$5000
Climate First Bank vs Upgrade3.05%$0
Climate First Bank vs Valley Direct4.00%$1,000
Climate First Bank vs Varo Bank5.00%$0
Climate First Bank vs Vio Bank4.09%$100
Climate First Bank vs Wealthfront3.90%$0
Climate First Bank vs Zynlo Bank3.85%$10
Compare Wells Fargo's APY of 0.05% with other banks
Bank PairCompetitor APYMin Deposit
Wells Fargo vs Affirm3.20%$0
Wells Fargo vs Ally Bank3.30%$0
Wells Fargo vs American Express3.30%$0
Wells Fargo vs Axos Bank4.31%$0
Wells Fargo vs Bank of America0.01%$100
Wells Fargo vs Barclays4.00%$0
Wells Fargo vs Bask Bank3.75%$0
Wells Fargo vs Betterment3.25%$10
Wells Fargo vs BMO Alto3.25%$0
Wells Fargo vs Bread Savings4.00%$100
Wells Fargo vs BrioDirect3.75%$5,000
Wells Fargo vs Capital One3.30%$0
Wells Fargo vs Carver Bank4.00%$5,000
Wells Fargo vs Charles Schwab Bank0.15%$0
Wells Fargo vs Chase Bank0.01%$0
Wells Fargo vs Chime3.50%$0
Wells Fargo vs CIT Bank3.75%$100
Wells Fargo vs Citibank3.30%$0
Wells Fargo vs Citizens Access™3.15%$0.01
Wells Fargo vs Colorado Federal Savings Bank4.05%$50,000
Wells Fargo vs Discover Bank3.30%$0
Wells Fargo vs E*TRADE from Morgan Stanley3.50%$0
Wells Fargo vs Elevault3.82%$0
Wells Fargo vs EverBank3.90%$0
Wells Fargo vs Fitness Bank4.75%$100
Wells Fargo vs FNBO Direct3.00%$1
Wells Fargo vs Forbright Bank3.85%$0
Wells Fargo vs FVCbank3.85%$500
Wells Fargo vs GO2bank4.50%$0
Wells Fargo vs Ivy Bank4.00%$2,500
Wells Fargo vs Jenius Bank4.05%$0
Wells Fargo vs LendingClub4.00%$0
Wells Fargo vs Marcus by Goldman Sachs3.65%$0
Wells Fargo vs MutualOne Bank4.07%$20,000
Wells Fargo vs My Banking Direct4.02%$500
Wells Fargo vs Neighbors Bank4.20%$0
Wells Fargo vs Newtek Bank4.35%$0.01
Wells Fargo vs Openbank4.20%$500
Wells Fargo vs Peak Bank3.99%$100
Wells Fargo vs Pibank4.60%$0
Wells Fargo vs PNC3.30%$0
Wells Fargo vs Popular Direct3.90%$100
Wells Fargo vs Presidential Bank3.75%$5,000
Wells Fargo vs Quontic Bank3.50%$100
Wells Fargo vs Salem Five Direct3.61%$10
Wells Fargo vs Sallie Mae Bank3.90%$0
Wells Fargo vs Santander Bank0.01%$25
Wells Fargo vs SoFi Bank4.00%$0
Wells Fargo vs Synchrony Bank3.65%$0
Wells Fargo vs TD Bank2.36%$0
Wells Fargo vs TIMBR4.15%$1,000
Wells Fargo vs UFB Direct3.46%$5000
Wells Fargo vs Upgrade3.05%$0
Wells Fargo vs Valley Direct4.00%$1,000
Wells Fargo vs Varo Bank5.00%$0
Wells Fargo vs Vio Bank4.09%$100
Wells Fargo vs Wealthfront3.90%$0
Wells Fargo vs Zynlo Bank3.85%$10