EverBank vs. FNBO Direct
Compare rates, requirements, and features side-by-side to find the best option for you.
EverBank
Performance Savings
4.05%APYDec 6, 2025FDIC InsuredNo MinimumsShow Fine Print & Trends Hide Details
EverBank
Performance Savings
FNBO Direct
High-Yield Online Savings Account
3.00%APYDec 6, 2025FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
FNBO Direct
High-Yield Online Savings Account
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.
Comparison Analysis
Comparing EverBank vs. FNBO Direct
Why EverBank?
- ✓Higher potential APY (4.05% vs 3.00%) on all balances
- ✓Physical branch access (11 locations in Florida and California)
Why FNBO Direct?
- ✓Higher rated iOS app (4.5 vs 2.3)
- ✓Higher rated Android app (4.8 vs 1.4)
— Key Feature Differences —
Better Returns at $10,000
EverBankEverBank's Performance Savings earns more on smaller deposits (approx. $405 vs $300/yr).
Better Returns at $25,000
EverBankEverBank's Performance Savings pulls ahead with larger amounts (approx. $1013 vs $750/yr).
Best for Simplicity
EverBankEverBank's Performance Savings offers 4.05% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
FNBO DirectFNBO Direct offers an iOS app rated 4.5 (vs. 2.3) and Android app rated 4.8 (vs. 1.4)
Shared Benefits
Over a 1-year period, EverBank's Performance Savings pays $105 more interest on a $10,000 balance than FNBO Direct's High-Yield Online Savings Account.
Executive Summary
EverBank stands out with its Performance Savings account, offering a competitive APY of 4.05%, which is significantly higher than FNBO Direct's High-Yield Online Savings Account at 3.00%. EverBank's account features no minimum deposit, no maintenance fees, and does not require direct deposit, making it an excellent choice for simplicity. In contrast, FNBO Direct provides a solid mobile app experience but offers lower returns. Both banks operate online only, and neither imposes a maintenance fee.
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 EverBank and FNBO Direct.
| Feature | EverBank | FNBO Direct |
|---|---|---|
| APY | 4.05% Verified: 12/6/2025 ↘︎ 0.25%90d Change | 3.00% Verified: 12/6/2025 ↘︎ 0.25%90d Change |
| Product Name | Performance Savings | High-Yield Online Savings Account |
| Minimum Deposit | $0 | $1 |
| Min. Balance for APY | $0 | $0.01 |
| 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 | iOS2.3 Android1.4 | iOS4.5 Android4.8 |
| BBB Rating | A+ | A+ |
| Next Steps |
Savings Comparison
EverBank earns $668.8 more than FNBO Direct.
EverBank
Performance Savings
Savings Breakdown
- Interest Earned+$2,467.00(12.1%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,467.00
FNBO Direct
High-Yield Online Savings Account
Savings Breakdown
- Interest Earned+$1,798.20(9.1%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$19,798.20
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | EverBank | FNBO Direct |
|---|---|---|
| Performance Savings | High-Yield Online Savings Account | |
Current APY | 4.05% | 3.00% |
Trend | Stable | Stable |
Velocity (bps/mo) | -7.9 | -8.4 |
Days Since Change | 78 | 64 |
4-Month High | 4.30% | 3.25% |
4-Month Low | 4.05% | 3.00% |
Adjustments / Mo | 0.22 | 0.22 |
Volatility Score | 0.029 | 0.040 |
How to read these metrics(Click to expand)
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