Elevault vs. Fnbo Direct

High-Yield Savings Account Comparison

By Aviel Fahl|Last Updated: November 16, 2025

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Summary of Elevault vs. FNBO Direct

Key Metrics at a Glance

FeatureElevaultFNBO Direct
Top Savings APY

4.08%

High Yield Savings Account

3.00%

High-Yield Online Savings Account

Minimum to Open$0$1
Minimum Balance for Top APY$0$0.01
NoteThe 4.08% APY is up to $250,000. Balances above that earn no interest. Daily deposit limit is $2,500.

Elevault

Strengths

  • Elevault offers a higher APY of 4.08% compared to FNBO Direct's 3.00%.
  • Elevault has no maintenance fees or minimum balance requirements.
  • Elevault's BBB rating is A+, indicating strong trustworthiness.

Potential Drawbacks

  • Elevault's APY decreased from 4.34% in the last 30 days.
  • Elevault has lower App Store (3.7) and Google Play (3.9) ratings than FNBO Direct.

FNBO Direct

Strengths

  • FNBO Direct has higher App Store (4.5) and Google Play (4.8) ratings.
  • FNBO Direct is BBB Accredited, enhancing its credibility.

Potential Drawbacks

  • FNBO Direct's APY is lower at 3.00% compared to Elevault's 4.08%.
  • FNBO Direct requires a minimum deposit of $1 to open an account.
Summary: Elevault offers a significantly higher APY of 4.08% for its High Yield Savings Account, though it has seen a recent decrease. FNBO Direct, while lower at 3.00%, boasts better app ratings and BBB Accreditation. Both banks have no maintenance fees, but Elevault has no minimum deposit requirements, making it more accessible. However, FNBO Direct's higher app ratings may appeal to tech-savvy customers.

→ As of November 16, 2025 Elevault offers an APY of 4.08% for its High Yield Savings Account, with a minimum balance of $0, compared to FNBO Direct's 3.00% APY for its High-Yield Online Savings Account, with a minimum balance of $0.01.

Elevault yields $108 more than FNBO Direct on a $10,000 balance after one year. Elevault pays $408, while FNBO Direct pays $300 - an APY advantage for Elevault.

Calculate Savings Growth for Elevault vs FNBO Direct

All calculations are based on APY.

Elevault - High Yield Savings Account

Top APY: 4.08%

Total savings breakdown:

  • Interest earned: $2,486.4 (12.14%)
  • Total contributions: $13,000 (63.46%)
  • Initial deposit: $5,000 (24.41%)

Your total balance

$20,486.40

Effective APY: 4.08% (based on your deposit and contributions)

Total balance: $20,486.4

Earnings: $2,486.4

Bank Overview

FNBO Direct - High-Yield Online Savings Account

Top APY: 3.00%

Total savings breakdown:

  • Interest earned: $1,798.2 (9.08%)
  • Total contributions: $13,000 (65.66%)
  • Initial deposit: $5,000 (25.25%)

Your total balance

$19,798.20

Effective APY: 3.00% (based on your deposit and contributions)

Total balance: $19,798.2

Earnings: $1,798.2

Bank Overview

With a $5,000 initial deposit and $13,000 in total contributions over 5 years, Elevault's total earnings would be $688.2 higher than FNBO Direct's total earnings.

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

Compare Elevault's vs FNBO Direct's Savings Accounts

ElevaultFNBO Direct
ProductHigh Yield Savings AccountvsHigh-Yield Online Savings Account
APY
4.08% (as of 11/16/2025)3.00% (as of 11/16/2025)
Bundled Account
NoNo
FDIC-insured
YesYes
Online OnlyYesYes
Compound Frequency
DailyMonthly
Minimum Deposit$0$1
Minimum Balance for APY$0$0.01
Maintenance Fee$0$0
Direct Deposit Required
NoNo
NoteThe 4.08% APY is up to $250,000. Balances above that earn no interest. Daily deposit limit is $2,500.
App Store Rating3.7/54.5/5
Google Play Rating3.9/54.8/5
BBB RatingA+A+

Comparative Historical APY Insights (Last 3 Months)

ElevaultFNBO Direct
ProductHigh Yield Savings AccountvsHigh-Yield Online Savings Account
Latest APY4.08 %3.00 %
TrendFallingFalling
Slope (bps/mo)-16.6-10.8
Rate Changes / Mo0.590.29
Days Since Last Change1244
High (-3 m)4.60 %3.25 %
Low (-3 m)4.08 %3.00 %
Draw-down from High-11.3 %-7.7 %
Volatility (CV)0.0420.040
APY Insights Glossary
Latest APY
Most recent advertised annual-percentage yield.
Trend
Direction over the last 3 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 (-3 m)
Highest APY in the last 102 days.
Low (-3 m)
Lowest APY in the last 102 days.
Draw-down from High
How far today sits below the 3-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.

More Comparisons

Compare Elevault's APY of 4.08% with other banks
Compare FNBO Direct's APY of 3.00% with other banks