Discover Bank vs. Vio Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of Discover Bank vs. Vio Bank
Key Metrics at a Glance
| Feature | Discover Bank | Vio Bank |
|---|---|---|
| Top Savings APY | 3.40% Online Savings Account | 4.21% Online Savings Account |
| Minimum to Open | $0 | $100 |
| Minimum Balance for Top APY | $0 | $0 |
Discover Bank
Strengths
- Discover Bank has a high App Store rating of 4.9.
- Discover Bank charges no maintenance fees for its savings account.
- Discover Bank's Online Savings Account has no minimum deposit requirement.
Potential Drawbacks
- Discover Bank offers a lower APY of 3.40% compared to Vio Bank.
- Discover Bank has no branches for in-person banking.
- Discover Bank's Google Play rating is 4.9, but lacks user engagement.
Vio Bank
Strengths
- Vio Bank offers a higher APY of 4.21% for its savings account.
- Vio Bank's Online Savings Account has a low minimum deposit of $100.
- Vio Bank is also BBB Accredited with an A+ rating.
Potential Drawbacks
- Vio Bank has a lower App Store rating of 4.6.
- Vio Bank charges a $5 maintenance fee without electronic statements.
- Vio Bank's Google Play rating is only 3.3, indicating potential issues.
→ As of November 12, 2025 Discover Bank offers an APY of 3.40% for its Online Savings Account, with a minimum balance of $0, compared to Vio Bank's 4.21% APY for its Online Savings Account, with a minimum balance of $0.
→ Vio Bank yields $81 more than Discover Bank on a $10,000 balance after one year. Discover Bank pays $340, while Vio Bank pays $421 - an APY advantage for Vio Bank.
Calculate Savings Growth for Discover Bank vs Vio Bank
Discover Bank - Online Savings Account
Total savings breakdown:
- Interest earned: $2,050.5 (10.23%)
- Total contributions: $13,000 (64.84%)
- Initial deposit: $5,000 (24.94%)
Your total balance
$20,050.50
Total balance: $20,050.5
Earnings: $2,050.5
Bank OverviewVio Bank - Online Savings Account
Total savings breakdown:
- Interest earned: $2,570.8 (12.50%)
- Total contributions: $13,000 (63.20%)
- Initial deposit: $5,000 (24.31%)
Your total balance
$20,570.80
Total balance: $20,570.8
Earnings: $2,570.8
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Discover Bank's total earnings would be $520.3 lower than Vio Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Discover Bank's vs Vio Bank's Savings Accounts
| Discover Bank | Vio Bank | ||
|---|---|---|---|
| Product | Online Savings Account | vs | Online Savings Account |
| APY | 3.40% (as of 11/12/2025) | 4.21% (as of 11/12/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | Daily | |
| Minimum Deposit | $0 | $100 | |
| Minimum Balance for APY | $0 | $0 | |
| Maintenance Fee | $0 | $0, if electronic statements selected, otherwise $5 | |
| Direct Deposit Required | No | No | |
| App Store Rating | 4.9/5 | 4.6/5 | |
| Google Play Rating | 4.9/5 | 3.3/5 | |
| BBB Rating | A+ | A+ |
No historical data available.