Elevault vs. Upgrade
Compare rates, requirements, and features side-by-side to find the best option for you.
Elevault
High Yield Savings Account
4.08%APYDec 10, 2025FDIC InsuredNo MinimumsShow Fine Print & Trends Hide Details
Elevault
High Yield Savings Account
Upgrade
Premier Savings
3.05%APYDec 10, 2025FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Upgrade
Premier Savings
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.25% APY.
Elevault vs. Upgrade Savings Calculator
Elevault earns $656.8 more than Upgrade.
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
Upgrade
Premier Savings
Savings Breakdown
- Interest Earned+$1,829.60(9.2%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$19,829.60
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing Elevault vs. Upgrade
Why Elevault?
- ✓Higher potential APY (4.08% vs 3.05%) on all balances
Why Upgrade?
- ✓Higher rated iOS app (4.9 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 $305/yr).
Better Returns at $25,000
ElevaultElevault's High Yield Savings Account pulls ahead with larger amounts (approx. $1020 vs $763/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
UpgradeUpgrade offers an iOS app rated 4.9 (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 $103 more interest on a $10,000 balance than Upgrade's Premier Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary
Elevault offers a competitive High Yield Savings Account with an APY of 4.08%, making it the winner in this comparison. This account allows for deposits up to $250,000 without any direct deposit requirement or maintenance fees, and it compounds daily. In contrast, Upgrade's Premier Savings account provides a lower APY of 3.05%, though it also has no direct deposit requirement and a minimum balance of $1,000. Both accounts are online-only, catering to users seeking high-yield savings options without the need for physical branches.
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 Upgrade.
| Feature | Elevault | Upgrade |
|---|---|---|
| APY | 4.08% Verified: 12/10/2025 ↘︎ 0.52%90d Change | 3.05% Verified: 12/10/2025 ↘︎ 0.97%90d Change |
| Product Name | High Yield Savings Account | Premier Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $1,000 |
| 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 | iOS4.9 Android4.5 |
| BBB Rating | A+ | A+ |
| Important Notes | The 4.08% APY is up to $250,000. Balances above that earn no interest. Daily deposit limit is $2,500. | - |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Elevault | Upgrade |
|---|---|---|
| High Yield Savings Account | Premier Savings | |
Current APY | 4.08% | 3.05% |
Trend | Stable | Stable |
Velocity (bps/mo) | -16.2 | -30.7 |
Days Since Change | 36 | 39 |
4-Month High | 4.60% | 4.02% |
4-Month Low | 4.08% | 3.05% |
Adjustments / Mo | 0.47 | 0.47 |
Volatility Score | 0.049 | 0.117 |
How to read these metrics(Click to expand)
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