High-Yield Savings Account Comparison

Fitness Bank vs. My Banking Direct

Compare rates, requirements, and features side-by-side to find the best option for you.

Analysis by Aviel Fahl
Updated January 7, 2026
Comparison of Fitness Bank vs My Banking Direct savings accounts
Metric

Fitness Bank

Fitness Elite Checking & Fitness Savings Combo

Jan 7, 2026

My Banking Direct

High Yield Savings Account

Jan 7, 2026
APY4.75%4.02%
Est. Earnings
$5,000+$238
$10,000+$475
$25,000+$1,188
$5,000+$201
$10,000+$402
$25,000+$1,005
Min Deposit
$100$500

Snapshot view. Rates subject to change.

Terms
This is a tiered account. To earn the highest tier you must make 15 debit card transactions per Account Period, maintain $5,000 avg. minimum balance in the Elite Checking account, track at least 10,000 avg. daily steps using the FitnessBank Step Tracker app, as well as maintain a savings balance of $100. Failure to do so will result in a lower APY. See bank for more details and all tiers.-
Features
FDIC InsuredLow MinimumsChecking Bundle
FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppZelle® Supported

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.

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Comparison Analysis

Comparing Fitness Bank vs. My Banking Direct

Updated: Jan 7, 2026

As of Fitness Bank offers an APY of 4.75% for its Fitness Elite Checking & Fitness Savings Combo account, with a minimum balance of $100, compared to My Banking Direct's 4.02% APY for its High Yield Savings Account, with a minimum balance of $1.

Fitness Bank pays $73 more than My Banking Direct on a $10,000 balance after one year. Fitness Bank pays $475, while My Banking Direct pays $402 - an APY advantage for Fitness Bank.

In addition, Fitness Bank also offers 4.45% APY for the Fitness Savings Account account, with a minimum balance of $100.

Why Fitness Bank?

  • Higher potential APY (4.45%-4.75% vs 4.02%) on all balances
  • Offers 2 different high-yield savings options

Why My Banking Direct?

  • Higher rated iOS app (4.7 vs 1.7)
  • Higher rated Android app (4.3 vs 0.0)
  • Fast transfers via Zelle®

— Key Feature Differences —

Better Returns at $10,000
Fitness Bank

Fitness Bank's Fitness Elite Checking & Fitness Savings Combo earns more on smaller deposits (approx. $475 vs $402/yr).

Better Returns at $25,000
Fitness Bank

Fitness Bank's Fitness Elite Checking & Fitness Savings Combo pulls ahead with larger amounts (approx. $1188 vs $1005/yr).

Best for Simplicity
Fitness Bank

Fitness Bank's Fitness Savings Account offers 4.45% APY with no bundling, direct deposit requirement or caps.

Best for All-in-One Banking
Fitness Bank

Fitness Bank's Fitness Elite Checking & Fitness Savings Combo pays a superior APY for customers who also open a checking account.

Best Mobile App Experience
My Banking Direct

My Banking Direct offers an iOS app rated 4.7 (vs. 1.7) and Android app rated 4.3 (vs. 0.0)

Shared Benefits

Available Nationwide Available to New & Existing Customers
The Bottom Line on APY (Interest Only)

Over a 1-year period, Fitness Bank's Fitness Elite Checking & Fitness Savings Combo pays $73 more interest on a $10,000 balance than My Banking Direct's High Yield Savings Account.

*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.

My Banking DirectFitness Bank

Executive Summary as of

Fitness Bank offers a competitive Fitness Elite Checking & Fitness Savings Combo with an APY of 4.75%, making it the top choice for those willing to meet specific requirements, such as maintaining a $5,000 average balance and making 15 debit card transactions. Alternatively, their Fitness Savings Account provides a simpler option with a 4.45% APY, requiring no bundling or direct deposit. In contrast, My Banking Direct's High Yield Savings Account offers a lower APY of 4.02% with no maintenance fees and a minimum deposit of $500. Both banks operate online only, with Fitness Bank's accounts requiring tracking of daily steps for the highest APY.

The analysis is based on current Banksparency database records

* This content is provided for informational purposes only; always verify details with the provider.

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Fitness Bank

Non-sponsored link to official site

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My Banking Direct

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Top Market Contenders

Fitness Bank vs. My Banking Direct Savings Calculator

Calculations based on current APY for Fitness Elite Checking & Fitness Savings Combo and High Yield Savings Account
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$

You earn $73 more with Fitness Bank than My Banking Direct 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.

Fitness Bank

Fitness Elite Checking & Fitness Savings Combo

4.75% APY

Savings Breakdown

  • Interest Earned
    +$475.00(4.5%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,475.00

Effective APY
4.75%

My Banking Direct

High Yield Savings Account

4.02% APY

Savings Breakdown

  • Interest Earned
    +$402.00(3.9%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,402.00

Effective APY
4.02%

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

FeatureFitness BankMy Banking Direct
APY
4.75%
Verified: 1/7/2026
Stable (90d)
4.02%
Verified: 1/7/2026
↘︎ 0.18%90d Change
Product NameFitness Elite Checking & Fitness Savings ComboHigh Yield Savings Account
Minimum Deposit$100$500
Min. Balance for APY$100$1
Monthly Fee$10. Waived for average daily balances > $100$0
Branch AccessNoneNone
Account Type
Online Only
Online Only
Direct Deposit Req.NoneNone
Checking Bundle YesNo
Mobile Apps
iOS1.7
Android0.0
iOS4.7
Android4.3
Zelle® Support
Not Supported
Available
Uses Flagstar/NYCB parent infrastructure.
BBB RatingA+F
Important NotesThis is a tiered account. To earn the highest tier you must make 15 debit card transactions per Account Period, maintain $5,000 avg. minimum balance in the Elite Checking account, track at least 10,000 avg. daily steps using the FitnessBank Step Tracker app, as well as maintain a savings balance of $100. Failure to do so will result in a lower APY. See bank for more details and all tiers.-
Next Steps
Visit Site

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Visit Site

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📈 Compare Savings Rates Over Time

Historical Performance

Last 10 Months Analysis
MetricFitness BankMy Banking Direct
Fitness Elite Checking & Fitness Savings ComboFitness Savings AccountHigh Yield Savings Account
Current APY
4.75%4.45%4.02%
Trend
Stable Stable Stable
Velocity (bps/mo)
-3.7-1.5-4.4
Days Since Change
12612653
10-Month High
5.00%4.55%4.40%
10-Month Low
4.75%4.45%4.02%
Adjustments / Mo
0.200.200.40
Volatility Score
0.0240.0110.033
How to read these metrics(Click to expand)

Trends & Velocity

  • Trend: The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
  • Velocity (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
  • Adjustments/Mo: "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.

Risk & Range

  • High/Low: The absolute ceiling and floor of the rate during the 297-day window.
  • Volatility Score: Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
  • Days Since Change: If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

More Comparisons

Compare Fitness Bank's APY of 4.75% with other banks
Bank PairCompetitor APYMin Deposit
Fitness Bank vs Affirm3.20%$0
Fitness Bank vs Ally Bank3.30%$0
Fitness Bank vs American Express3.30%$0
Fitness Bank vs Axos Bank4.31%$0
Fitness Bank vs Bank of America0.01%$100
Fitness Bank vs Barclays4.00%$0
Fitness Bank vs Bask Bank3.75%$0
Fitness Bank vs Betterment3.25%$10
Fitness Bank vs BMO Alto3.25%$0
Fitness Bank vs Bread Savings4.05%$100
Fitness Bank vs BrioDirect3.75%$5,000
Fitness Bank vs Capital One3.40%$0
Fitness Bank vs Carver Bank4.00%$5,000
Fitness Bank vs Charles Schwab Bank0.15%$0
Fitness Bank vs Chase Bank0.01%$0
Fitness Bank vs Chime3.50%$0
Fitness Bank vs CIT Bank3.75%$100
Fitness Bank vs Citibank3.30%$0
Fitness Bank vs Citizens Access™3.15%$0.01
Fitness Bank vs Climate First Bank4.21%$50
Fitness Bank vs Colorado Federal Savings Bank4.05%$50,000
Fitness Bank vs Discover Bank3.40%$0
Fitness Bank vs E*TRADE from Morgan Stanley3.50%$0
Fitness Bank vs Elevault3.82%$0
Fitness Bank vs EverBank3.90%$0
Fitness Bank vs FNBO Direct3.00%$1
Fitness Bank vs Forbright Bank4.00%$0
Fitness Bank vs FVCbank3.85%$500
Fitness Bank vs GO2bank4.50%$0
Fitness Bank vs Ivy Bank4.10%$2,500
Fitness Bank vs Jenius Bank4.05%$0
Fitness Bank vs LendingClub4.00%$0
Fitness Bank vs Marcus by Goldman Sachs3.65%$0
Fitness Bank vs MutualOne Bank4.07%$20,000
Fitness Bank vs Neighbors Bank4.30%$0
Fitness Bank vs Newtek Bank4.35%$0.01
Fitness Bank vs Openbank4.20%$500
Fitness Bank vs Peak Bank3.99%$100
Fitness Bank vs Pibank4.60%$0
Fitness Bank vs PNC3.30%$0
Fitness Bank vs Popular Direct3.90%$100
Fitness Bank vs Presidential Bank3.75%$5,000
Fitness Bank vs Quontic Bank3.50%$100
Fitness Bank vs Salem Five Direct3.61%$10
Fitness Bank vs Sallie Mae Bank3.90%$0
Fitness Bank vs Santander Bank0.01%$25
Fitness Bank vs SoFi Bank4.00%$0
Fitness Bank vs Synchrony Bank3.65%$0
Fitness Bank vs TD Bank2.60%$0
Fitness Bank vs TIMBR4.40%$1,000
Fitness Bank vs UFB Direct3.46%$5000
Fitness Bank vs Upgrade3.05%$0
Fitness Bank vs Valley Direct4.00%$1,000
Fitness Bank vs Varo Bank5.00%$0
Fitness Bank vs Vio Bank4.09%$100
Fitness Bank vs Wealthfront3.90%$0
Fitness Bank vs Wells Fargo0.05%$25
Fitness Bank vs Zynlo Bank3.85%$10
Compare My Banking Direct's APY of 4.02% with other banks
Bank PairCompetitor APYMin Deposit
My Banking Direct vs Affirm3.20%$0
My Banking Direct vs Ally Bank3.30%$0
My Banking Direct vs American Express3.30%$0
My Banking Direct vs Axos Bank4.31%$0
My Banking Direct vs Bank of America0.01%$100
My Banking Direct vs Barclays4.00%$0
My Banking Direct vs Bask Bank3.75%$0
My Banking Direct vs Betterment3.25%$10
My Banking Direct vs BMO Alto3.25%$0
My Banking Direct vs Bread Savings4.05%$100
My Banking Direct vs BrioDirect3.75%$5,000
My Banking Direct vs Capital One3.40%$0
My Banking Direct vs Carver Bank4.00%$5,000
My Banking Direct vs Charles Schwab Bank0.15%$0
My Banking Direct vs Chase Bank0.01%$0
My Banking Direct vs Chime3.50%$0
My Banking Direct vs CIT Bank3.75%$100
My Banking Direct vs Citibank3.30%$0
My Banking Direct vs Citizens Access™3.15%$0.01
My Banking Direct vs Climate First Bank4.21%$50
My Banking Direct vs Colorado Federal Savings Bank4.05%$50,000
My Banking Direct vs Discover Bank3.40%$0
My Banking Direct vs E*TRADE from Morgan Stanley3.50%$0
My Banking Direct vs Elevault3.82%$0
My Banking Direct vs EverBank3.90%$0
My Banking Direct vs FNBO Direct3.00%$1
My Banking Direct vs Forbright Bank4.00%$0
My Banking Direct vs FVCbank3.85%$500
My Banking Direct vs GO2bank4.50%$0
My Banking Direct vs Ivy Bank4.10%$2,500
My Banking Direct vs Jenius Bank4.05%$0
My Banking Direct vs LendingClub4.00%$0
My Banking Direct vs Marcus by Goldman Sachs3.65%$0
My Banking Direct vs MutualOne Bank4.07%$20,000
My Banking Direct vs Neighbors Bank4.30%$0
My Banking Direct vs Newtek Bank4.35%$0.01
My Banking Direct vs Openbank4.20%$500
My Banking Direct vs Peak Bank3.99%$100
My Banking Direct vs Pibank4.60%$0
My Banking Direct vs PNC3.30%$0
My Banking Direct vs Popular Direct3.90%$100
My Banking Direct vs Presidential Bank3.75%$5,000
My Banking Direct vs Quontic Bank3.50%$100
My Banking Direct vs Salem Five Direct3.61%$10
My Banking Direct vs Sallie Mae Bank3.90%$0
My Banking Direct vs Santander Bank0.01%$25
My Banking Direct vs SoFi Bank4.00%$0
My Banking Direct vs Synchrony Bank3.65%$0
My Banking Direct vs TD Bank2.60%$0
My Banking Direct vs TIMBR4.40%$1,000
My Banking Direct vs UFB Direct3.46%$5000
My Banking Direct vs Upgrade3.05%$0
My Banking Direct vs Valley Direct4.00%$1,000
My Banking Direct vs Varo Bank5.00%$0
My Banking Direct vs Vio Bank4.09%$100
My Banking Direct vs Wealthfront3.90%$0
My Banking Direct vs Wells Fargo0.05%$25
My Banking Direct vs Zynlo Bank3.85%$10