Elevault vs. EverBank
EverBank edges out Elevault slightly at 3.90% vs 3.82% APY. On a $10,000 balance, the difference is just $8 per year—so other factors may matter more.
The Bottom Line
The Elevault and EverBank savings accounts are very similar. Choose EverBank if you want a no-strings-attached account, mobile app quality matters, or you want Zelle for quick transfers.
| Metric | ElevaultHigh Yield Savings Account Mar 7, 2026 | EverBankPerformance Savings Mar 7, 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 MinimumsDaily CompoundingRate Changes Often | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® SupportedDaily CompoundingRate Changes Often |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.15% APY.
Executive Summary
EverBank offers a Performance Savings account with a competitive APY of 3.90%, making it the highest-yielding option between the two banks. This account has no minimum deposit or balance requirements, no maintenance fees, and does not require direct deposit, providing a straightforward savings solution. In comparison, Elevault's High Yield Savings Account offers an APY of 3.82% for balances up to $250,000, with a daily deposit limit of $2,500. Both accounts are online-only and provide FDIC insurance, but EverBank stands out for its higher APY and user-friendly mobile app experience.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
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 (4.7 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 4.7 (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.
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.
Still banking with Chase, Bank of America, or Wells Fargo?
On a $10,000 balance, you're missing out on at least $381 per year in interest.
Both Elevault and EverBank dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | Elevault | EverBank |
|---|---|---|
| APY | 3.82% Verified: 3/7/2026 ↘︎ 0.26%90d Change | 3.90% Verified: 3/7/2026 ↘︎ 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 |
| Compound Frequency | Daily | Daily |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Physical Branches | N/A | 11 locations in Florida and California |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC Insured | YesVerify FDIC | YesVerify FDIC |
| 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) | -14.0 | -6.3 |
Days Since Change | 81 | 78 |
7-Month High | 4.60% | 4.30% |
7-Month Low | 3.82% | 3.90% |
Adjustments / Mo | 0.42 | 0.28 |
Volatility Score | 0.072 | 0.034 |
How to read these metrics(Click to expand)
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Comparing against Standard Savings
High Rates (With Checking Bundle)
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More Comparisons
Compare Elevault's APY of 3.82% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Elevault vs Ally Bank | 3.20% | $0 |
| Elevault vs American Express | 3.30% | $0 |
| Elevault vs Axos Bank | 4.21% | $0 |
| Elevault vs Bank of America | 0.01% | $100 |
| Elevault vs Barclays | 3.85% | $0 |
| Elevault vs Capital One | 3.30% | $0 |
| Elevault vs Chase Bank | 0.01% | $0 |
| Elevault vs Chime | 3.00% | $0 |
| Elevault vs CIT Bank | 3.75% | $100 |
| Elevault vs Citibank | 3.20% | $0 |
| Elevault vs Discover Bank | 3.30% | $0 |
| Elevault vs Marcus by Goldman Sachs | 3.65% | $0 |
| Elevault vs Newtek Bank | 4.20% | $0.01 |
| Elevault vs Openbank | 4.09% | $500 |
| Elevault vs Pibank | 4.60% | $0 |
| Elevault vs SoFi Bank | 4.00% | $0 |
| Elevault vs Synchrony Bank | 3.50% | $0 |
| Elevault vs Varo Bank | 5.00% | $0 |
| Elevault vs Wealthfront | 4.20% | $0 |
| Elevault vs Wells Fargo | 0.05% | $25 |