EverBank vs. Pibank
Comparing EverBank and Pibank for high-yield savings: EverBank's Performance Savings pays 3.90% APY while Pibank's Pibank Savings pays 4.40% APY.
See how they compare on rate stability, mobile app ratings, and more below.
The Bottom Line
Who pays more interest on $10,000? Pibank pays $50 more than EverBank annually ($440 vs $390).
Choose EverBank if mobile app quality matters, or you want Zelle for quick transfers. Choose Pibank if getting the best rate matters most.
| Metric | EverBankPerformance Savings Apr 21, 2026 | PibankPibank Savings Apr 21, 2026 |
|---|---|---|
| APY | 3.90% | 4.40% |
Est. Earnings | $5,000+$195 $10,000+$390 $25,000+$975 | $5,000+$220 $10,000+$440 $25,000+$1,100 |
Min Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® SupportedDaily CompoundingRate Changes Often | FDIC InsuredNo MinimumsDaily CompoundingStable Rate |
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.
Executive Summary
Pibank offers a competitive Pibank Savings account with a higher APY of 4.40%, making it the winner in this comparison. This account features no minimum deposit requirement, no maintenance fees, and is online-only, providing simplicity for users. In contrast, EverBank's Performance Savings account offers a lower APY of 3.90% and also has no minimum deposit or maintenance fees, but is slightly less attractive in terms of returns. Both banks provide FDIC insurance and daily compounding, making them solid choices for savers.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why EverBank?
- ✓Physical branch access (11 locations in Florida and California)
- ✓Higher rated iOS app (4.7 vs 2.1)
- ✓Higher rated Android app (4.7 vs 1.8)
- ✓Fast transfers via Zelle®
Why Pibank?
- ✓Higher potential APY (4.40% vs 3.90%) on all balances
— Key Feature Differences —
Better Returns at $10,000
PibankPibank's Pibank Savings earns more on smaller deposits (approx. $440 vs $390/yr).
Better Returns at $25,000
PibankPibank's Pibank Savings pulls ahead with larger amounts (approx. $1100 vs $975/yr).
Best for Simplicity
PibankPibank's Pibank Savings offers 4.40% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
EverBankEverBank offers an iOS app rated 4.7 (vs. 2.1) and Android app rated 4.7 (vs. 1.8)
Shared Benefits
Over a 1-year period, Pibank's Pibank Savings pays $50 more interest on a $10,000 balance than EverBank's Performance Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Non-sponsored link to official site
Non-sponsored link to official site
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EverBank vs. Pibank Savings Calculator
You earn $50 more with Pibank than EverBank on a $10,000 initial deposit for 1 year*.
*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.
EverBank
Performance Savings
Savings Breakdown
- Interest Earned+$390.00(3.8%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,390.00
Pibank
Pibank Savings
Savings Breakdown
- Interest Earned+$440.00(4.2%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,440.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still banking with Chase, Bank of America, or Wells Fargo?
On a $10,000 balance, you're missing out on at least $389 per year in interest.
Both EverBank and Pibank dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | EverBank | Pibank |
|---|---|---|
| APY | 3.90% Verified: 4/21/2026 Stable (90d) | 4.40% Verified: 4/21/2026 ↘︎ 0.20%90d Change |
| Product Name | Performance Savings | Pibank Savings |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0.01 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Daily | Daily |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Physical Branches | 11 locations in Florida and California | None |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Available Native integration verified. | Not Supported |
| BBB Rating | A+ | A+ |
| Next Steps | Visit SiteVerify at EverBank Non-sponsored link to official site | Visit SiteVerify at Pibank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | EverBank | Pibank |
|---|---|---|
| Performance Savings | Pibank Savings | |
Current APY | 3.90% | 4.40% |
Trend | Stable | Stable |
Velocity (bps/mo) | -4.6 | -0.2 |
Days Since Change | 123 | 5 |
12-Month High | 4.30% | 4.60% |
12-Month Low | 3.90% | 4.40% |
Adjustments / Mo | 0.16 | 0.08 |
Volatility Score | 0.042 | 0.006 |
How to read these metrics(Click to expand)
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