EverBank vs. Wealthfront
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | EverBankPerformance Savings Jan 7, 2026 | WealthfrontCash Account Jan 7, 2026 |
|---|---|---|
| APY | 3.90% | 3.25% - 3.90% |
Est. Earnings | $5,000+$195 $10,000+$390 $25,000+$975 | $5,000+$171 $10,000+$341 $25,000+$853 |
Min Deposit | $0 | $0 |
Snapshot view. Rates subject to change. | ||
Terms | - | Wealthfront is not a bank but a financial services company. It is FDIC-insured through its many partner banks. New clients get an APY of 3.90% for 3 months, after which the 3.25% APY applies. See terms at Wealthfront. |
| Features | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® Supported | FDIC InsuredNo MinimumsGreat iOS AppGreat Android App |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.21% APY.
Comparison Analysis
Comparing EverBank vs. Wealthfront
As of EverBank offers an APY of 3.90% for its Performance Savings account, with a minimum balance of $0, compared to Wealthfront's 3.90% APY for its Cash Account, with a minimum balance of $0.
EverBank pays $49 more than Wealthfront on a $10,000 balance after one year. EverBank pays $390, while Wealthfront pays $341 (with an effective APY of 3.41%) - an APY advantage for EverBank.
Why EverBank?
- ✓Physical branch access (11 locations in Florida and California)
- ✓Fast transfers via Zelle®
Why Wealthfront?
No distinct advantages found vs EverBank.
— Key Feature Differences —
Better Returns at $10,000
EverBankEverBank's Performance Savings earns more on smaller deposits (approx. $390 vs $341/yr).
Better Returns at $25,000
EverBankEverBank's Performance Savings pulls ahead with larger amounts (approx. $975 vs $853/yr).
Shared Benefits
Over a 1-year period, EverBank's Performance Savings pays $49 more interest on a $10,000 balance than Wealthfront's Cash Account.
*This comparison accounts for Wealthfront's introductory promotional rate, yet EverBank's standard rate still yields a higher 1-year return.
Executive Summary as of
EverBank and Wealthfront both offer competitive savings products with a top APY of 3.90%. EverBank's Performance Savings account provides this rate without any direct deposit requirements, and it is designed for online access only. Wealthfront's Cash Account also offers an initial APY of 3.90% for the first three months, after which it drops to 3.25%. Both accounts have no minimum deposit or maintenance fees, making them accessible options for savers. However, Wealthfront is a financial services company that partners with banks for FDIC insurance, while EverBank is a bank itself.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
EverBank vs. Wealthfront Savings Calculator
You earn $47.5 more with EverBank than Wealthfront 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
Wealthfront
Cash Account
Promo Rate: 3.90% for 3 months, then 3.25%.
Savings Breakdown
- Interest Earned+$342.50(3.3%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,342.50
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | EverBank | Wealthfront |
|---|---|---|
| APY | 3.90% Verified: 1/7/2026 ↘︎ 0.15%90d Change | 3.90% Range: 3.25% - 3.90% Verified: 1/7/2026 - |
| Product Name | Performance Savings | Cash Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0 |
| 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 | iOS4.6 Android4.8 | iOS4.8 Android4.9 |
| Zelle® Support | Available Native integration verified. | Not Supported |
| BBB Rating | A+ | F |
| Important Notes | - | Wealthfront is not a bank but a financial services company. It is FDIC-insured through its many partner banks. New clients get an APY of 3.90% for 3 months, after which the 3.25% APY applies. See terms at Wealthfront. |
| Next Steps | Visit SiteVerify at EverBank Non-sponsored link to official site | Visit SiteVerify at Wealthfront Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | EverBank | Wealthfront |
|---|---|---|
| Performance Savings | Cash Account | |
Current APY | 3.90% | 3.90% |
Trend | Stable | Stable |
Velocity (bps/mo) | -11.1 | -18.8 |
Days Since Change | 19 | 19 |
2-Month High | 4.05% | 4.15% |
2-Month Low | 3.90% | 3.90% |
Adjustments / Mo | 0.55 | 0.55 |
Volatility Score | 0.018 | 0.030 |
How to read these metrics(Click to expand)
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