Everbank vs. Wealthfront
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of EverBank vs. Wealthfront
Key Metrics at a Glance
| Feature | EverBank | Wealthfront |
|---|---|---|
| Top Savings APY | 4.05% Performance Savings | 4.15% Cash Account |
| Minimum to Open | $0 | $0 |
| Minimum Balance for Top APY | $0 | $0 |
| Note | 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 4.15% for 3 months, after which the 3.50% APY applies. See terms at Wealthfront. |
EverBank
Strengths
- EverBank offers a competitive APY of 4.05% with no minimum balance or maintenance fees.
- EverBank has an A+ BBB rating, indicating higher trustworthiness compared to Wealthfront.
Potential Drawbacks
- EverBank has a low App Store rating of 2.3 and a Google Play rating of 1.5.
Wealthfront
Strengths
- Wealthfront offers a higher APY of 4.15% for the first three months, then 3.50%.
- Wealthfront has excellent App Store and Google Play ratings of 4.8 and 4.9, respectively.
Potential Drawbacks
- Wealthfront has an F BBB rating, indicating lower trustworthiness than EverBank.
- Wealthfront has no physical branches, which may limit access for some customers.
→ 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 Wealthfront's 4.15% APY for its Cash Account, with a minimum balance of $0.
→ Wealthfront yields $10 more than EverBank on a $10,000 balance after one year. EverBank pays $405, while Wealthfront pays $415 - an APY advantage for Wealthfront.
Calculate Savings Growth for EverBank vs Wealthfront
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 OverviewWealthfront - Cash Account
Total savings breakdown:
- Interest earned: $2,531.8 (12.33%)
- Total contributions: $13,000 (63.32%)
- Initial deposit: $5,000 (24.35%)
Your total balance
$20,531.80
Total balance: $20,531.8
Earnings: $2,531.8
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, EverBank's total earnings would be $64.8 lower than Wealthfront's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare EverBank's vs Wealthfront's Savings Accounts
| EverBank | Wealthfront | ||
|---|---|---|---|
| Product | Performance Savings | vs | Cash Account |
| APY | 4.05% (as of 11/12/2025) | 3.50% - 4.15% (as of 11/12/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | Daily | |
| Minimum Deposit | $0 | $0 | |
| Minimum Balance for APY | $0 | $0 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| Note | 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 4.15% for 3 months, after which the 3.50% APY applies. See terms at Wealthfront. | ||
| App Store Rating | 2.3/5 | 4.8/5 | |
| Google Play Rating | 1.5/5 | 4.9/5 | |
| BBB Rating | A+ | F |
No historical data available.