Elevault vs. Fnbo Direct
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: October 16, 2025
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Summary of Elevault vs. FNBO Direct
Key Metrics at a Glance
| Feature | Elevault | FNBO Direct |
|---|---|---|
| Top Savings APY | 4.34% High Yield Savings Account | 3.00% High-Yield Online Savings Account |
| Minimum to Open | $0 | $1 |
| Minimum Balance for Top APY | $0 | $0.01 |
| Note | The 4.34% APY is up to $250,000. Balances above that earn no interest. Daily deposit limit is $2,500. |
Elevault
Strengths
- Elevault offers a competitive APY of 4.34%, higher than FNBO Direct's 3.00%.
- Elevault has an A+ BBB rating, indicating strong trustworthiness.
- No maintenance fees on Elevault's High Yield Savings Account.
Potential Drawbacks
- Elevault's APY decreased from 4.60% in the last 30 days.
- Elevault has no branches, limiting in-person banking options.
- Elevault's App Store rating is lower at 3.8 compared to FNBO Direct.
FNBO Direct
Strengths
- FNBO Direct has a higher App Store rating of 4.5 and Google Play rating of 4.8.
- FNBO Direct requires a lower minimum deposit of $1 for account opening.
- FNBO Direct has no direct deposit requirement for its High-Yield Online Savings Account.
Potential Drawbacks
- FNBO Direct's APY is lower at 3.00%, compared to Elevault's 4.34%.
- FNBO Direct is not rated by the BBB, indicating less transparency.
- FNBO Direct's APY decreased from 3.25% in the last 30 days.
→ As of October 16, 2025 Elevault offers an APY of 4.34% 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 $134 more than FNBO Direct on a $10,000 balance after one year. Elevault pays $434, while FNBO Direct pays $300 - an APY advantage for Elevault.
Calculate Savings Growth for Elevault vs FNBO Direct
Elevault
Total savings breakdown:
- Interest earned: $2,655.5 (12.86%)
- Total contributions: $13,000 (62.94%)
- Initial deposit: $5,000 (24.21%)
Your total balance
$20,655.50
Total balance: $20,655.5
Earnings: $2,655.5
Bank OverviewFNBO Direct
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
Total balance: $19,798.2
Earnings: $1,798.2
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Elevault's total earnings would be $857.3 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
| Elevault | FNBO Direct | ||
|---|---|---|---|
| Product | High Yield Savings Account | vs | High-Yield Online Savings Account |
| APY | 4.34% (as of 10/16/2025) | 3.00% (as of 10/16/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | No | |
| Compound Frequency | Daily | Monthly | |
| Minimum Deposit | $0 | $1 | |
| Minimum Balance for APY | $0 | $0.01 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| Note | The 4.34% APY is up to $250,000. Balances above that earn no interest. Daily deposit limit is $2,500. | ||
| App Store Rating | 3.8/5 | 4.5/5 | |
| Google Play Rating | 3.9/5 | 4.8/5 | |
| BBB Rating | A+ | Not Rated |
Comparative Historical APY Insights (Last 2 Months)
| Elevault | FNBO Direct | ||
|---|---|---|---|
| Product | High Yield Savings Account | vs | High-Yield Online Savings Account |
| Latest APY | 4.34 % | 3.00 % | |
| Trend | Falling | Falling | |
| Slope (bps/mo) | -14.7 | -9.9 | |
| Rate Changes / Mo | 0.42 | 0.42 | |
| Days Since Last Change | 24 | 13 | |
| High (-2 m) | 4.60 % | 3.25 % | |
| Low (-2 m) | 4.34 % | 3.00 % | |
| Draw-down from High | -5.7 % | -7.7 % | |
| Volatility (CV) | 0.028 | 0.031 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 2 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 (-2 m)
- Highest APY in the last 72 days.
- Low (-2 m)
- Lowest APY in the last 72 days.
- Draw-down from High
- How far today sits below the 2-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.