Elevault vs. EverBank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | ElevaultHigh Yield Savings Account Jan 21, 2026 | EverBankPerformance Savings Jan 21, 2026 |
|---|---|---|
| APY | 3.82% | 3.90% |
Est. Earnings | $5,000+$191 $10,000+$382 $25,000+$955 | $5,000+$195 $10,000+$390 $25,000+$975 |
Min Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
Terms | The 3.82% APY is up to $250,000. Balances above that earn no interest. Daily deposit limit is $2,500. | - |
| Features | FDIC InsuredNo Minimums | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® Supported |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.20% APY.
As of Elevault offers an APY of 3.82% for its High Yield Savings Account, with a minimum balance of $0, compared to EverBank's 3.90% APY for its Performance Savings account, with a minimum balance of $0.
EverBank pays $8 more than Elevault on a $10,000 balance after one year. Elevault pays $382, while EverBank pays $390 - an APY advantage for EverBank.
Why Elevault?
No distinct advantages found vs EverBank.
Why EverBank?
- ✓No checking account or direct deposit required
- ✓Physical branch access (11 locations in Florida and California)
- ✓Higher rated iOS app (4.7 vs 3.7)
- ✓Higher rated Android app (4.8 vs 3.9)
- ✓Fast transfers via Zelle®
— Key Feature Differences —
Best for Simplicity
EverBankEverBank's Performance Savings offers 3.90% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
EverBankEverBank offers an iOS app rated 4.7 (vs. 3.7) and Android app rated 4.8 (vs. 3.9)
Shared Benefits
Over a 1-year period, EverBank's Performance Savings pays $8 more interest on a $10,000 balance than Elevault's High Yield Savings Account.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
EverBank offers a Performance Savings account with a competitive APY of 3.90%, making it the higher-yield option compared to Elevault's High Yield Savings Account, which provides an APY of 3.82%. Both accounts have no minimum deposit or balance requirements, and they are online-only with no maintenance fees. While Elevault's account has a cap at $250,000, EverBank's account does not have such a limitation. Additionally, EverBank is noted for its superior mobile app experience, enhancing user convenience. Both banks do not require direct deposit.
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
Elevault vs. EverBank Savings Calculator
You earn $8 more with EverBank than Elevault 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.
Elevault
High Yield Savings Account
3.82% on first $250,000 and 0.00% thereafter.
Savings Breakdown
- Interest Earned+$382.00(3.7%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,382.00
EverBank
Performance Savings
Savings Breakdown
- Interest Earned+$390.00(3.8%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,390.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Elevault | EverBank |
|---|---|---|
| APY | 3.82% Verified: 1/21/2026 ↘︎ 0.52%90d Change | 3.90% Verified: 1/21/2026 ↘︎ 0.15%90d Change |
| Product Name | High Yield Savings Account | Performance Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0 |
| 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 | iOS3.7 Android3.9 | iOS4.7 Android4.8 |
| Zelle® Support | Not Supported | Available Native integration verified. |
| BBB Rating | A | A+ |
| Important Notes | The 3.82% APY is up to $250,000. Balances above that earn no interest. Daily deposit limit is $2,500. | - |
| Next Steps | Visit SiteVerify at Elevault Non-sponsored link to official site | Visit SiteVerify at EverBank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Elevault | EverBank |
|---|---|---|
| High Yield Savings Account | Performance Savings | |
Current APY | 3.82% | 3.90% |
Trend | Stable | Stable |
Velocity (bps/mo) | -17.3 | -7.6 |
Days Since Change | 36 | 33 |
6-Month High | 4.60% | 4.30% |
6-Month Low | 3.82% | 3.90% |
Adjustments / Mo | 0.54 | 0.36 |
Volatility Score | 0.068 | 0.033 |
How to read these metrics(Click to expand)
Compare Similar High-Yield Accounts
Compare Elevault vs...
Comparing against Standard Savings
Compare EverBank vs...
Comparing against Standard Savings
High Rates (With Checking Bundle)
Looking for something different? Check out these top-rated alternatives.