High-Yield Savings Account Comparison

Fitness Bank vs. Wells Fargo

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

Analysis by Aviel Fahl
Updated December 6, 2025
Advertising Disclosure: We may earn a commission from partner links.

Fitness Bank

Fitness Elite Checking & Fitness Savings Combo

4.75%
APY
Dec 6, 2025
FDIC InsuredChecking BundleLow Minimums
Show Fine Print & Trends
Min. Deposit$100
Min. Balance$100
Maintenance Fee$10. Waived for average daily balances > $100
Compound FreqDaily
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 29510)
EligibilityUnited States
Mobile Ratings
BBB Rating

Important Note

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.

Rate Stability

Very StableNo rate changes in last 90 days

Wells Fargo

Platinum Savings

0.05%
APY
Dec 6, 2025
FDIC InsuredHigh MinimumChecking BundleGreat iOS AppGreat Android AppIn-Person Access
Show Fine Print & Trends
Min. Deposit$25
Min. Balance$1,000,000
Maintenance Fee$12. Waived with $3,500 minimum daily balance.
Compound FreqDaily
Direct DepositNot required
Branch AccessWells Fargo offers branches and ATMs in 36 states and Washington, D.C.
Deposit InsuranceFDIC Insured(Cert: 3511)
EligibilityUnited States
Mobile Ratings
BBB Rating

Important Note

This is a tiered savings account where rates vary based on the balance. The 0.05% APY is available for balances of $1,000,000 or more, and 0.05% APY up to $99,999.99. These APYs require the account is linked to a Wells Fargo Premier checking account. See bank for more tiers and details.

Rate Stability

Rate Adjusted
-2.46%
Since 90 days ago

Looking for Simplicity?

Don't want a checking bundle? We track many high-yield banks that offer competitive rates without checking requirements.

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Comparison Analysis

Comparing Fitness Bank vs. Wells Fargo

Updated: Dec 6, 2025

Why Fitness Bank?

  • Higher potential APY (4.45%-4.75% vs 0.01%-0.05%) on all balances

Why Wells Fargo?

  • Physical branch access (Wells Fargo offers branches and ATMs in 36 states and Washington, D.C.)
  • Higher rated iOS app (4.9 vs 1.7)
  • Higher rated Android app (4.8 vs 0.0)

— 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 $5/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 $13/yr).

Best for Simplicity
Fitness Bank

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

Requires Banking Relationship

Both banks require a checking account bundle to access their highest rates.

Best Mobile App Experience
Wells Fargo

Wells Fargo offers an iOS app rated 4.9 (vs. 1.7) and Android app rated 4.8 (vs. 0.0)

Shared Benefits

Available Nationwide Available to New & Existing Customers
The Bottom Line

Over a 1-year period, Fitness Bank's Fitness Elite Checking & Fitness Savings Combo pays $470 more interest on a $10,000 balance than Wells Fargo's Platinum Savings.

Wells FargoFitness Bank
Automated Data Audit

Executive Summary

Fitness Bank offers a superior savings option with its Fitness Elite Checking & Fitness Savings Combo, which yields an impressive 4.75% APY, contingent on meeting specific criteria such as maintaining a $5,000 average balance and tracking daily steps. In comparison, Wells Fargo's highest APY is a mere 0.05% available through its Platinum Savings account, but this requires a substantial $1,000,000 balance and linking to a Premier checking account. While Wells Fargo provides a more traditional banking experience, including physical branch access, Fitness Bank's offerings are exclusively online. Overall, Fitness Bank stands out for those who can meet its activity requirements.

Analysis generated based on current Banksparency database records

* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.

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Varo Bank
High-Yield Savings Account
FDIC InsuredNo MinimumsGreat iOS AppGreat Android App
5.00% APY
+0.25% vs Fitness Bank
Better Rate
FeatureFitness BankWells Fargo
APY
4.75%
Verified: 12/6/2025
Stable (90d)
0.05%
Range: 0.05% - 0.05%
Verified: 12/6/2025
↘︎ 2.46%90d Change
Product NameFitness Elite Checking & Fitness Savings ComboPlatinum Savings
Minimum Deposit$100$25
Min. Balance for APY$100$1,000,000
Monthly Fee$10. Waived for average daily balances > $100$12. Waived with $3,500 minimum daily balance.
Branch AccessNoneYes
Account Type
Online Only
Online & Branches
Direct Deposit Req.NoneNone
Checking Bundle Yes Yes
Mobile Apps
iOS1.7
Android0.0
iOS4.9
Android4.8
BBB RatingA+D-
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.This is a tiered savings account where rates vary based on the balance. The 0.05% APY is available for balances of $1,000,000 or more, and 0.05% APY up to $99,999.99. These APYs require the account is linked to a Wells Fargo Premier checking account. See bank for more tiers and details.
Next Steps

Savings Comparison

Calculations based on current APY.
$
$

Fitness Bank earns $2,896.1 more than Wells Fargo.

Fitness Bank

Fitness Elite Checking & Fitness Savings Combo

4.75% APY

Savings Breakdown

  • Interest Earned
    +$2,924.70(14.0%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$20,924.70

Effective APY
4.75%

Wells Fargo

Platinum Savings

0.05% APY

Higher APY requires $1,000,000

Savings Breakdown

  • Interest Earned
    +$28.60(0.2%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$18,028.60

Effective APY
0.05%

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

📈 Compare Savings Rates Over Time

Historical Performance

Last 5 Months Analysis
MetricFitness BankWells Fargo
Fitness Elite Checking & Fitness Savings ComboFitness Savings AccountPlatinum SavingsWay2Save Savings
Current APY
4.75%4.45%0.05%0.01%
Trend
Stable Stable Stable Stable
Velocity (bps/mo)
-4.5-1.9-72.00.0
Days Since Change
949450143
5-Month High
5.00%4.55%2.51%0.01%
5-Month Low
4.75%4.45%0.05%0.01%
Adjustments / Mo
0.420.420.630.00
Volatility Score
0.0170.0080.8430.000
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 144-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 Ally Bank3.30%$0
Fitness Bank vs American Express3.40%$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 Bank3.90%$0
Fitness Bank vs BMO Alto3.25%$0
Fitness Bank vs BrioDirect4.00%$5,000
Fitness Bank vs Capital One3.40%$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™3.35%$0.01
Fitness Bank vs Climate First Bank4.21%$50
Fitness Bank vs Discover Bank3.40%$0
Fitness Bank vs Elevault4.08%$0
Fitness Bank vs EverBank4.05%$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 Bank4.25%$2,500
Fitness Bank vs LendingClub4.20%$0
Fitness Bank vs Marcus by Goldman Sachs3.65%$0
Fitness Bank vs Neighbors Bank4.50%$0
Fitness Bank vs Newtek Bank4.35%$0.01
Fitness Bank vs Openbank4.20%$500
Fitness Bank vs Peak Bank4.20%$100
Fitness Bank vs Pibank4.60%$0
Fitness Bank vs PNC3.53%$0
Fitness Bank vs Presidential Bank4.00%$5,000
Fitness Bank vs Quontic Bank3.75%$100
Fitness Bank vs Salem Five Direct3.71%$10
Fitness Bank vs Santander Bank0.01%$25
Fitness Bank vs SoFi Bank4.30%$0
Fitness Bank vs Synchrony Bank3.65%$0
Fitness Bank vs TIMBR4.40%$1,000
Fitness Bank vs UFB Direct3.71%$5000
Fitness Bank vs Valley Direct4.10%$1,000
Fitness Bank vs Varo Bank5.00%$0
Fitness Bank vs Vio Bank4.16%$100
Fitness Bank vs Wealthfront4.15%$0
Fitness Bank vs Zynlo Bank4.05%$10
Compare Wells Fargo's APY of 0.05% with other banks
Bank PairCompetitor APYMin Deposit
Wells Fargo vs Ally Bank3.30%$0
Wells Fargo vs American Express3.40%$0
Wells Fargo vs Axos Bank4.31%$0
Wells Fargo vs Bank of America0.01%$100
Wells Fargo vs Barclays4.00%$0
Wells Fargo vs Bask Bank3.90%$0
Wells Fargo vs BMO Alto3.25%$0
Wells Fargo vs BrioDirect4.00%$5,000
Wells Fargo vs Capital One3.40%$0
Wells Fargo vs Chase Bank0.01%$0
Wells Fargo vs Chime3.50%$0
Wells Fargo vs CIT Bank3.75%$100
Wells Fargo vs Citibank3.30%$0
Wells Fargo vs Citizens Access™3.35%$0.01
Wells Fargo vs Climate First Bank4.21%$50
Wells Fargo vs Discover Bank3.40%$0
Wells Fargo vs Elevault4.08%$0
Wells Fargo vs EverBank4.05%$0
Wells Fargo vs FNBO Direct3.00%$1
Wells Fargo vs Forbright Bank4.00%$0
Wells Fargo vs FVCbank3.85%$500
Wells Fargo vs GO2bank4.50%$0
Wells Fargo vs Ivy Bank4.25%$2,500
Wells Fargo vs LendingClub4.20%$0
Wells Fargo vs Marcus by Goldman Sachs3.65%$0
Wells Fargo vs Neighbors Bank4.50%$0
Wells Fargo vs Newtek Bank4.35%$0.01
Wells Fargo vs Openbank4.20%$500
Wells Fargo vs Peak Bank4.20%$100
Wells Fargo vs Pibank4.60%$0
Wells Fargo vs PNC3.53%$0
Wells Fargo vs Presidential Bank4.00%$5,000
Wells Fargo vs Quontic Bank3.75%$100
Wells Fargo vs Salem Five Direct3.71%$10
Wells Fargo vs Santander Bank0.01%$25
Wells Fargo vs SoFi Bank4.30%$0
Wells Fargo vs Synchrony Bank3.65%$0
Wells Fargo vs TIMBR4.40%$1,000
Wells Fargo vs UFB Direct3.71%$5000
Wells Fargo vs Valley Direct4.10%$1,000
Wells Fargo vs Varo Bank5.00%$0
Wells Fargo vs Vio Bank4.16%$100
Wells Fargo vs Wealthfront4.15%$0
Wells Fargo vs Zynlo Bank4.05%$10