High-Yield Savings Account Comparison

Elevault vs. EverBank

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

Analysis by Aviel Fahl
Updated December 6, 2025
Advertising Disclosure: We may earn a commission from partner links.

Elevault

High Yield Savings Account

4.08%
APY
Dec 6, 2025
FDIC InsuredNo Minimums
Show Fine Print & Trends

Market Reality Check

Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.25% APY.

See Top Rates

Comparison Analysis

Comparing Elevault vs. EverBank

Updated: Dec 6, 2025

Why Elevault?

No distinct advantages found vs EverBank.

Why EverBank?

  • Physical branch access (11 locations in Florida and California)

Shared Benefits

Both offer monthly maintenance-free account options Both banks have options with $0 opening deposit Available Nationwide Available to New & Existing Customers
The Bottom Line

Over a 1-year period, Elevault's High Yield Savings Account pays $3 more interest on a $10,000 balance than EverBank's Performance Savings.

EverBankElevault
Automated Data Audit

Executive Summary

Elevault offers a High Yield Savings Account with an impressive APY of 4.08%, applicable to balances up to $250,000, with no minimum deposit or maintenance fees. This account is online-only and allows daily deposits up to $2,500. In comparison, EverBank's Performance Savings account provides a slightly lower APY of 4.05%, also with no minimum deposit or maintenance fees, and is similarly online-only. Both accounts do not require direct deposit, making them accessible options for savers.

Analysis generated based on current Banksparency database records

* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.

Top Market Contenders

See who beats both Elevault and EverBank.

Compare All High-Yield Savings Accounts
Pibank
Pibank Savings
FDIC InsuredNo Minimums
4.60% APY
+0.52% vs Elevault
Better Rate
Neighbors Bank
Neighbors Savings Account
FDIC InsuredNo MinimumsGreat Android App
4.50% APY
+0.42% vs Elevault
Better Rate
Axos Bank
Axos ONE
FDIC InsuredNo MinimumsGreat iOS AppGreat Android App
4.31% APY
+0.23% vs Elevault
Better Rate
FeatureElevaultEverBank
APY
4.08%
Verified: 12/6/2025
↘︎ 0.52%90d Change
4.05%
Verified: 12/6/2025
↘︎ 0.25%90d Change
Product NameHigh Yield Savings AccountPerformance Savings
Minimum Deposit$0$0
Min. Balance for APY$0$0
Monthly Fee$0$0
Branch AccessNoneNone
Account Type
Online Only
Online Only
Direct Deposit Req.NoneNone
Checking BundleNoNo
Mobile Apps
iOS3.7
Android3.9
iOS2.3
Android1.4
BBB RatingA+A+
Important NotesThe 4.08% APY is up to $250,000. Balances above that earn no interest. Daily deposit limit is $2,500.-
Next Steps

Savings Comparison

Calculations based on current APY.
$
$

Elevault earns $19.4 more than EverBank.

Elevault

High Yield Savings Account

4.08% APY

Savings Breakdown

  • Interest Earned
    +$2,486.40(12.1%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$20,486.40

Effective APY
4.08%

EverBank

Performance Savings

4.05% APY

Savings Breakdown

  • Interest Earned
    +$2,467.00(12.1%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$20,467.00

Effective APY
4.05%

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

📈 Compare Savings Rates Over Time

Historical Performance

Last 4 Months Analysis
MetricElevaultEverBank
High Yield Savings AccountPerformance Savings
Current APY
4.08%4.05%
Trend
Stable Stable
Velocity (bps/mo)
-16.6-8.1
Days Since Change
3278
4-Month High
4.60%4.30%
4-Month Low
4.08%4.05%
Adjustments / Mo
0.490.25
Volatility Score
0.0480.028
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 122-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 Elevault's APY of 4.08% with other banks
Compare EverBank's APY of 4.05% with other banks