Colorado Federal Savings Bank vs. Upgrade
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Colorado Federal Savings BankPremier Savings Jan 7, 2026 | UpgradePremier Savings Jan 7, 2026 |
|---|---|---|
| APY | 4.05% | 3.05% |
Est. Earnings | $5,000+$0 $10,000+$0 $25,000+$0 | $5,000+$153 $10,000+$305 $25,000+$763 |
Min Deposit | $50,000 | $0 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredHigh MinimumGreat iOS App | FDIC InsuredLow MinimumsGreat iOS AppGreat Android App |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.21% APY.
Comparison Analysis
Comparing Colorado Federal Savings Bank vs. Upgrade
As of Colorado Federal Savings Bank offers an APY of 4.05% for its Premier Savings account, with a minimum balance of $50,000, compared to Upgrade's 3.05% APY for its Premier Savings account, with a minimum balance of $1,000.
Colorado Federal Savings Bank pays $100 more than Upgrade on a $10,000 balance after one year. Colorado Federal Savings Bank pays $405, while Upgrade pays $305 - an APY advantage for Colorado Federal Savings Bank.
In addition, Colorado Federal Savings Bank also offers 4.00% APY for the High Yield Savings account, with a minimum balance of $1.
Why Colorado Federal Savings Bank?
- ✓Higher potential APY (4.00%-4.05% vs 3.05%)
- ✓Offers 2 different high-yield savings options
Why Upgrade?
- ✓Higher rated iOS app (4.9 vs 4.3)
- ✓Higher rated Android app (4.5 vs 0.0)
— Key Feature Differences —
Better Returns at $10,000
UpgradeUpgrade's Premier Savings earns more on smaller deposits (approx. $305 vs $0/yr).
Better Returns at $25,000
UpgradeUpgrade's Premier Savings pulls ahead with larger amounts (approx. $763 vs $0/yr).
Best for Simplicity
Colorado Federal Savings BankColorado Federal Savings Bank's Premier Savings offers 4.05% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
UpgradeUpgrade offers an iOS app rated 4.9 (vs. 4.3) and Android app rated 4.5 (vs. 0.0)
Shared Benefits
Over a 1-year period, Colorado Federal Savings Bank's Premier Savings pays $100 more interest on a $10,000 balance than Upgrade's Premier Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
Colorado Federal Savings Bank offers a High Yield Savings account with a competitive APY of 4.00%, making it the top choice for savers seeking higher returns. This account requires a minimum deposit of just $1 and has no maintenance fees, and it is available online only. In contrast, Upgrade's Premier Savings account has a lower APY of 3.05% but allows for a minimum deposit of $1,000. While Upgrade provides a strong mobile app experience, Colorado Federal's higher APY and lower minimum deposit make it the better option for savers looking for simplicity and higher interest earnings.
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
Colorado Federal Savings Bank vs. Upgrade Savings Calculator
You earn $500 more with Colorado Federal Savings Bank than Upgrade on a $50,000 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.
Colorado Federal Savings Bank
Premier Savings
Savings Breakdown
- Interest Earned+$2,025.00(3.9%)
- Total Contributions$0
- Initial Deposit$50,000
Projected Balance
$52,025.00
Upgrade
Premier Savings
Savings Breakdown
- Interest Earned+$1,525.00(3.0%)
- Total Contributions$0
- Initial Deposit$50,000
Projected Balance
$51,525.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Colorado Federal Savings Bank | Upgrade |
|---|---|---|
| APY | 4.05% Verified: 1/7/2026 ↘︎ 0.10%90d Change | 3.05% Verified: 1/7/2026 ↘︎ 0.37%90d Change |
| Product Name | Premier Savings | Premier Savings |
| Minimum Deposit | $50,000 | $0 |
| Min. Balance for APY | $50,000 | $1,000 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS4.3 Android- | iOS4.9 Android4.5 |
| Zelle® Support | Not Supported | Not Supported |
| BBB Rating | A+ | A+ |
| Next Steps | Visit SiteVerify at Colorado Federal Savings Bank Non-sponsored link to official site | Visit SiteVerify at Upgrade Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Colorado Federal Savings Bank | Upgrade | |
|---|---|---|---|
| Premier Savings | High Yield Savings | Premier Savings | |
Current APY | 4.05% | 4.00% | 3.05% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -2.6 | -2.6 | -12.1 |
Days Since Change | 89 | 89 | 67 |
11-Month High | 4.25% | 4.25% | 4.14% |
11-Month Low | 4.05% | 4.00% | 3.05% |
Adjustments / Mo | 0.19 | 0.37 | 0.28 |
Volatility Score | 0.022 | 0.022 | 0.120 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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