Elevault vs. GO2bank
Compare rates, requirements, and features side-by-side to find the best option for you.
Elevault
High Yield Savings Account
4.08%APYDec 6, 2025FDIC InsuredNo MinimumsShow Fine Print & Trends Hide Details
Elevault
High Yield Savings Account
GO2bank
High Yield Savings
Up to4.50%APYDec 6, 2025FDIC InsuredChecking BundleNo MinimumsGreat iOS AppGreat Android AppRange: 0.00% – 4.50%Show Fine Print & Trends Hide Details
GO2bank
High Yield Savings
Prefer In-Person Banking?
Both of these banks are online-only. If you need physical branch access, check out our list of high-yield accounts with brick-and-mortar locations.
Comparison Analysis
Comparing Elevault vs. GO2bank
Why Elevault?
- ✓No checking account or direct deposit required
Why GO2bank?
- ✓Higher potential APY (4.50% vs 4.08%) on balances up to $5,000 (requires checking bundle)
- ✓Higher rated iOS app (4.8 vs 3.7)
- ✓Higher rated Android app (4.5 vs 3.9)
— Key Feature Differences —
Better Returns at $10,000
ElevaultElevault's High Yield Savings Account earns more on smaller deposits (approx. $408 vs $225/yr).
Better Returns at $25,000
ElevaultElevault's High Yield Savings Account pulls ahead with larger amounts (approx. $1020 vs $225/yr).
Best for Simplicity
ElevaultElevault's High Yield Savings Account offers 4.08% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
GO2bankGO2bank offers an iOS app rated 4.8 (vs. 3.7) and Android app rated 4.5 (vs. 3.9)
Shared Benefits
Over a 1-year period, Elevault's High Yield Savings Account pays $183 more interest on a $10,000 balance than GO2bank's High Yield Savings.
Executive Summary
GO2bank's High Yield Savings offers a higher APY of 4.50%, compared to Elevault's 4.08%. However, GO2bank requires a checking account to open a savings account, while Elevault does not have such a requirement. Both accounts are online-only, with no minimum deposit or balance needed. Elevault's account allows deposits up to $250,000 at the stated APY, while GO2bank caps the APY at $5,000. For users seeking simplicity without additional account requirements, Elevault may be preferable, but for those prioritizing higher returns, GO2bank is the winner.
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 GO2bank.
| Feature | Elevault | GO2bank |
|---|---|---|
| APY | 4.08% Verified: 12/6/2025 ↘︎ 0.52%90d Change | 4.50% 0Verified: 12/6/2025 Stable (90d) |
| Product Name | High Yield Savings Account | High Yield Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $0 | $5 per month, unless you set up direct deposit |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | Yes |
| Mobile Apps | iOS3.7 Android3.9 | iOS4.8 Android4.5 |
| BBB Rating | A+ | Not Rated |
| Important Notes | The 4.08% APY is up to $250,000. Balances above that earn no interest. Daily deposit limit is $2,500. | A GO2bank checking account is required to open a savings account. The 4.50% APY is up to $5,000. Balances above that earn no interest. |
| Next Steps |
Savings Comparison
Elevault earns $1,255.5 more than GO2bank.
Elevault
High Yield Savings Account
Savings Breakdown
- Interest Earned+$2,486.40(12.1%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,486.40
GO2bank
High Yield Savings
4.50% on first $5,000 and 0.00% thereafter.
Savings Breakdown
- Interest Earned+$1,230.90(6.4%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$19,230.90
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Elevault | GO2bank |
|---|---|---|
| High Yield Savings Account | High Yield Savings | |
Current APY | 4.08% | 4.50% |
Trend | Stable | Stable |
Velocity (bps/mo) | -16.6 | 0.0 |
Days Since Change | 32 | 121 |
4-Month High | 4.60% | 4.50% |
4-Month Low | 4.08% | 4.50% |
Adjustments / Mo | 0.49 | 0.00 |
Volatility Score | 0.048 | 0.000 |
How to read these metrics(Click to expand)
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