Discover Bank vs Fitness Bank
High-Yield Savings Accounts Comparison
Last Updated: September 16, 2025
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Summary of Discover Bank vs. Fitness Bank
As of September 16, 2025 Discover Bank offers an APY of 3.50% for its Online Savings Account, with a minimum balance of $0, compared to Fitness Bank's 4.75% APY for its Fitness Elite Checking & Fitness Savings Combo account, with a minimum balance of $100.
Fitness Bank yields $125 more than Discover Bank on a $10,000 balance after one year. Discover Bank pays $350, while Fitness Bank pays $475 - an APY advantage for Fitness Bank.
In addition, Fitness Bank also offers 4.45% APY for the Fitness Savings Account account.
Discover Bank
Strengths
- Discover Bank offers a straightforward Online Savings Account with a current APY of 3.50%.
- Discover Bank has an excellent BBB rating of A+ and is BBB Accredited.
- Discover Bank has a high App Store rating of 4.9.
Potential Drawbacks
- Discover Bank has no physical branches.
Fitness Bank
Strengths
- Fitness Bank offers a higher APY of 4.75% with the Fitness Elite Checking & Fitness Savings Combo.
- Fitness Bank's Fitness Savings Account has a competitive APY of 4.45%.
- Fitness Bank allows users to earn interest by tracking daily steps.
Potential Drawbacks
- Fitness Bank has a low App Store rating of 1.7 and a Google Play rating of 0.0.
- Fitness Bank's APY decreased from 4.85% to 4.75% in the last 30 days.
- Fitness Bank charges a maintenance fee of $10 unless certain conditions are met.
Summary: Discover Bank provides a reliable Online Savings Account with a 3.50% APY and no fees, while Fitness Bank offers a higher APY of 4.75% but imposes conditions and fees. Discover Bank has better app ratings and a solid BBB accreditation, whereas Fitness Bank's ratings are notably low. Users seeking simplicity may prefer Discover, while those willing to meet requirements for higher interest may consider Fitness Bank.
Compare Discover Bank's vs Fitness Bank's Savings Accounts
| Discover Bank | Fitness Bank | |||
|---|---|---|---|---|
| Product | Online Savings Account | vs | Fitness Savings Account | Fitness Elite Checking & Fitness Savings Combo |
| APY | 3.50% (as of 9/16/2025) | 4.45% (as of 9/16/2025) | 4.75% (as of 9/16/2025) | |
| Bundled Account | No | No | Yes | |
| FDIC-insured | Yes | Yes | Yes | |
| Online Only | Yes | Yes | Yes | |
| Compound Frequency | Daily | Daily | Daily | |
| Minimum Deposit | $0 | $100 | $100 | |
| Minimum Balance for APY | $0 | $100 | $100 | |
| Maintenance Fee | $0 | $10. Waived for average daily balances > $100 | $10. Waived for average daily balances > $100 | |
| Direct Deposit Required | No | No | No | |
| Note | This is a tiered account. To earn the highest tier you must track at least 12,500 avg. daily steps using the FitnessBank Step Tracker app as well as maintain a balance of $100. Failure to do so will result in a lower APY. See bank for more details and all tiers. | This is a tiered account. To earn the highest tier you must make 15 debit card transactions per Account Period, maintain $5,000 avg. minimum balance in the Elite Checking account, track at least 10,000 avg. daily steps using the FitnessBank Step Tracker app, as well as maintain a savings balance of $100. Failure to do so will result in a lower APY. See bank for more details and all tiers. | ||
| App Store Rating | 4.9/5 | 1.7/5 | ||
| Google Play Rating | 4.3/5 | No | ||
| BBB Rating | A+ | A+ | ||
Comparative Historical APY Insights (Last 6 Months)
| Discover Bank | Fitness Bank | |||
|---|---|---|---|---|
| Product | Online Savings Account | vs | Fitness Elite Checking & Fitness Savings Combo | Fitness Savings Account |
| Latest APY | 3.50 % | 4.75 % | 4.45 % | |
| Trend | Sideways | Sideways | Sideways | |
| Slope (bps/mo) | -4.0 | -3.4 | -1.3 | |
| Rate Changes / Mo | 0.33 | 0.33 | 0.33 | |
| Days Since Last Change | 82 | 13 | 13 | |
| High (-6 m) | 3.70 % | 5.00 % | 4.55 % | |
| Low (-6 m) | 3.50 % | 4.75 % | 4.45 % | |
| Draw-down from High | -5.4 % | -5.0 % | -2.2 % | |
| Volatility (CV) | 0.021 | 0.016 | 0.007 | |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 6 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 (-6 m)
- Highest APY in the last 184 days.
- Low (-6 m)
- Lowest APY in the last 184 days.
- Draw-down from High
- How far today sits below the 6-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.
Calculate Savings Growth for Discover Bank vs Fitness Bank
All calculations are based on APY.
Discover Bank
APY: 3.50%
Total savings breakdown:
- Interest earned: $2,114.1 (10.51%)
- Total contributions: $13,000 (64.63%)
- Initial deposit: $5,000 (24.86%)
Your total balance
$20,114.10
Effective APY: 3.50% (based on your deposit and contributions)
Total balance: $20,114.1
Earnings: $2,114.1
Bank OverviewFitness Bank
APY: 4.75%
Total savings breakdown:
- Interest earned: $2,924.7 (13.98%)
- Total contributions: $13,000 (62.13%)
- Initial deposit: $5,000 (23.90%)
Your total balance
$20,924.70
Effective APY: 4.75% (based on your deposit and contributions)
Total balance: $20,924.7
Earnings: $2,924.7
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Discover Bank's total earnings would be $810.6 lower than Fitness Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
More Comparisons
Compare Discover Bank's APY of 3.50% with other banks
Compare Fitness Bank's APY of 4.75% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Fitness Bank vs Ally Bank | 3.50% | $0 |
| Fitness Bank vs American Express | 3.50% | $0 |
| Fitness Bank vs Axos Bank | 4.46% | $0 |
| Fitness Bank vs Bank of America | 0.01% | $100 |
| Fitness Bank vs Barclays | 4.10% | $0 |
| Fitness Bank vs BrioDirect | 4.30% | $5,000 |
| Fitness Bank vs Capital One | 3.50% | $0 |
| Fitness Bank vs Chase Bank | 0.01% | $0 |
| Fitness Bank vs Chime | 3.75% | $0 |
| Fitness Bank vs CIT Bank | 4.00% | $100 |
| Fitness Bank vs Elevault | 4.60% | $0 |
| Fitness Bank vs EverBank | 4.30% | $0 |
| Fitness Bank vs FVCbank | 4.35% | $500 |
| Fitness Bank vs GO2bank | 4.50% | $0 |
| Fitness Bank vs Marcus by Goldman Sachs | 3.65% | $0 |
| Fitness Bank vs Neighbors Bank | 4.60% | $0 |
| Fitness Bank vs Newtek Bank | 4.35% | $0 |
| Fitness Bank vs Peak Bank | 4.35% | $100 |
| Fitness Bank vs Pibank | 4.60% | $0 |
| Fitness Bank vs Presidential Bank | 4.50% | $5,000 |
| Fitness Bank vs Santander Bank | 0.03% | $25 |
| Fitness Bank vs SoFi Bank | 4.50% | $0 |
| Fitness Bank vs Synchrony Bank | 3.80% | $0 |
| Fitness Bank vs TIMBR | 4.40% | $1,000 |
| Fitness Bank vs UFB Direct | 4.21% | $5000 |
| Fitness Bank vs Varo Bank | 5.00% | $0 |
| Fitness Bank vs Wells Fargo | 2.51% | $25 |
| Fitness Bank vs Zynlo Bank | 4.35% | $10 |