Everbank vs. Vio Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of EverBank vs. Vio Bank
Key Metrics at a Glance
| Feature | EverBank | Vio Bank |
|---|---|---|
| Top Savings APY | 4.05% Performance Savings | 4.21% Online Savings Account |
| Minimum to Open | $0 | $100 |
| Minimum Balance for Top APY | $0 | $0 |
EverBank
Strengths
- EverBank offers a competitive APY of 4.05%, unchanged from 30 days ago.
- No maintenance fees for the Performance Savings account.
- 11 physical branches located in Florida and California.
Potential Drawbacks
- EverBank has a low App Store rating of 2.3.
- EverBank's Google Play rating is only 1.5.
- Not BBB Accredited despite an A+ rating.
Vio Bank
Strengths
- Vio Bank provides a higher APY of 4.21%, with no prior changes.
- Vio Bank has a strong App Store rating of 4.6.
- BBB Accredited with an A+ rating.
Potential Drawbacks
- Vio Bank has no physical branches.
- Minimum deposit requirement of $100 for the Online Savings Account.
- Maintenance fee of $5 if electronic statements are not selected.
→ As of November 12, 2025 EverBank offers an APY of 4.05% for its Performance Savings account, with a minimum balance of $0, compared to Vio Bank's 4.21% APY for its Online Savings Account, with a minimum balance of $0.
→ Vio Bank yields $16 more than EverBank on a $10,000 balance after one year. EverBank pays $405, while Vio Bank pays $421 - an APY advantage for Vio Bank.
Calculate Savings Growth for EverBank vs Vio Bank
EverBank - Performance Savings
Total savings breakdown:
- Interest earned: $2,467 (12.05%)
- Total contributions: $13,000 (63.52%)
- Initial deposit: $5,000 (24.43%)
Your total balance
$20,467.00
Total balance: $20,467
Earnings: $2,467
Bank OverviewVio Bank - Online Savings Account
Total savings breakdown:
- Interest earned: $2,570.8 (12.50%)
- Total contributions: $13,000 (63.20%)
- Initial deposit: $5,000 (24.31%)
Your total balance
$20,570.80
Total balance: $20,570.8
Earnings: $2,570.8
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, EverBank's total earnings would be $103.8 lower than Vio Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare EverBank's vs Vio Bank's Savings Accounts
| EverBank | Vio Bank | ||
|---|---|---|---|
| Product | Performance Savings | vs | Online Savings Account |
| APY | 4.05% (as of 11/12/2025) | 4.21% (as of 11/12/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | Daily | |
| Minimum Deposit | $0 | $100 | |
| Minimum Balance for APY | $0 | $0 | |
| Maintenance Fee | $0 | $0, if electronic statements selected, otherwise $5 | |
| Direct Deposit Required | No | No | |
| App Store Rating | 2.3/5 | 4.6/5 | |
| Google Play Rating | 1.5/5 | 3.3/5 | |
| BBB Rating | A+ | A+ |
No historical data available.