High-Yield Savings Account Comparison

FNBO Direct vs. SoFi Bank

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.

FNBO Direct

High-Yield Online Savings Account

3.00%
APY
Dec 6, 2025
FDIC InsuredLow MinimumsGreat iOS AppGreat Android App
Show Fine Print & Trends
Min. Deposit$1
Min. Balance$0.01
Maintenance Fee$0
Compound FreqMonthly
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 5452)
EligibilityUnited States
Mobile Ratings
iOS:4.5Android:4.8
BBB Rating
A+(BBB Accredited)

Rate Stability

Rate Adjusted
-0.25%
Since 90 days ago
Read Bank Overview

SoFi Bank

SoFi Savings

Up to
4.30%
APY
Dec 6, 2025
FDIC InsuredChecking BundleNo MinimumsGreat iOS AppGreat Android App
Range: 3.60% – 4.30%
Show Fine Print & Trends
Min. Deposit$0
Min. Balance$0
Maintenance Fee$0
Compound FreqDaily
Direct DepositWhile direct deposit is not required, the alternative is a subscription fee of $10/month
Deposit InsuranceFDIC Insured(Cert: 26881)
EligibilityUnited States
Mobile Ratings
iOS:4.8Android:4.0
BBB Rating
A+(Not BBB Accredited)

Important Note

Limited offer: The 4.30% includes a temporary 0.70% APY boost for 6 months. It is available with a direct deposit of regular income, or a $10/month subscription. See terms at SoFi Bank. The savings account comes bundled with a checking account with a 0.50% APY.

Rate Stability

30 days
↘︎ 0.20%
90 days
↗︎ 0.50%
Read Bank Overview

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.

Find Branch Access

Comparison Analysis

Comparing FNBO Direct vs. SoFi Bank

Updated: Dec 6, 2025

Why FNBO Direct?

  • ✓No checking account or direct deposit required
  • ✓Higher rated Android app (4.8 vs 4.0)

Why SoFi Bank?

  • ✓Earn a $50 bonus with $1,000+ in direct deposits, or $300 with $5,000+.
  • ✓Earn 0.50% APY on checking account with access to 55,000+ fee free ATMs
  • ✓Higher potential APY (4.30% vs 3.00%) on all balances

— Key Feature Differences —

Better Returns at $10,000
SoFi Bank

SoFi Bank's SoFi Savings earns more on smaller deposits (approx. $430 vs $300/yr).

Better Returns at $25,000
SoFi Bank

SoFi Bank's SoFi Savings pulls ahead with larger amounts (approx. $1075 vs $750/yr).

Best for All-in-One Banking
SoFi Bank

SoFi Bank's SoFi Savings pays a superior APY for customers who also open a checking account.

Shared Benefits

Both offer monthly maintenance-free account options Available Nationwide Available to New & Existing Customers
The Bottom Line

Over a 1-year period, SoFi Bank's SoFi Savings pays $130 more interest on a $10,000 balance than FNBO Direct's High-Yield Online Savings Account.

FNBO DirectSoFi Bank
Automated Data Audit

Executive Summary

SoFi Bank offers a competitive SoFi Savings account with a high APY of 4.30%, which includes a temporary 0.70% boost for six months. This account is bundled with a checking account that features a 0.50% APY, making it an attractive option for those seeking an all-in-one banking solution. In contrast, FNBO Direct's High-Yield Online Savings Account provides a solid APY of 3.00%, with no minimum balance requirements and no maintenance fees. Both accounts are online-only and do not require direct deposit, although SoFi offers an alternative subscription fee of $10/month. Overall, SoFi Bank stands out with its higher yield for savers.

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.

ExploreFNBO DirectExploreSoFi Bank

Top Market Contenders

See who beats both FNBO Direct and SoFi Bank.

Compare All High-Yield Savings Accounts
Pibank
Pibank Savings
FDIC InsuredNo Minimums
4.60% APY
+0.30% vs SoFi Bank
Better Rate
Pibank vs FNBO DirectPibank vs SoFi Bank
Neighbors Bank
Neighbors Savings Account
FDIC InsuredNo MinimumsGreat Android App
4.50% APY
+0.20% vs SoFi Bank
Better Rate
Neighbors Bank vs FNBO DirectNeighbors Bank vs SoFi Bank
Axos Bank
Axos ONE
FDIC InsuredNo MinimumsGreat iOS AppGreat Android App
4.31% APY
Better Rate
Axos Bank vs FNBO DirectAxos Bank vs SoFi Bank
FeatureFNBO DirectSoFi Bank
APY
3.00%
Verified: 12/6/2025
↘︎ 0.25%90d Change
4.30%
Range: 3.60% - 4.30%
Verified: 12/6/2025
↗︎ 0.50%90d Change
Product NameHigh-Yield Online Savings AccountSoFi Savings
Minimum Deposit$1$0
Min. Balance for APY$0.01$0
Monthly Fee$0$0
Branch AccessNoneNone
Account Type
Online Only
Online Only
Direct Deposit Req.NoneNone
Checking BundleNo Yes
Mobile Apps
iOS4.5
Android4.8
iOS4.8
Android4.0
BBB RatingA+A+
Important Notes-Limited offer: The 4.30% includes a temporary 0.70% APY boost for 6 months. It is available with a direct deposit of regular income, or a $10/month subscription. See terms at SoFi Bank. The savings account comes bundled with a checking account with a 0.50% APY.
Next Steps
- View Details
- View Details

Savings Comparison

Calculations based on current APY.
$
$

SoFi Bank earns $831.2 more than FNBO Direct.

FNBO Direct

High-Yield Online Savings Account

3.00% APY

Savings Breakdown

  • Interest Earned
    +$1,798.20(9.1%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$19,798.20

Effective APY
3.00%
View Details

SoFi Bank

SoFi Savings

4.30% APY

Savings Breakdown

  • Interest Earned
    +$2,629.40(12.7%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$20,629.40

Effective APY
4.30%
View Details

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

📈 Compare Savings Rates Over Time

Historical Performance

Last 4 Months Analysis
MetricFNBO DirectSoFi Bank
High-Yield Online Savings AccountSoFi Savings
Current APY
3.00%4.30%
Trend
 Stable Stable
Velocity (bps/mo)
-8.316.0
Days Since Change
6424
4-Month High
3.25%4.50%
4-Month Low
3.00%3.80%
Adjustments / Mo
0.220.44
Volatility Score
0.0400.071
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 135-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.

Compare Similar Alternatives

Compare FNBO Direct vs...

Comparing against Standard Savings

vs FNBO Direct
PibankNo Bundle Req
4.60%
APY
vs FNBO Direct
Neighbors BankNo Bundle Req
4.50%
APY
vs FNBO Direct
TIMBRNo Bundle Req
4.40%
APY

Compare SoFi Bank vs...

Comparing against other Bundled Accounts

vs SoFi Bank
Axos BankChecking Bundle
4.31%
APY
vs SoFi Bank
Presidential BankChecking Bundle
4.00%
APY
vs SoFi Bank
UFB DirectChecking Bundle
3.71%
APY

More Comparisons

Compare FNBO Direct's APY of 3.00% with other banks
Bank PairCompetitor APYMin Deposit
FNBO Direct vs Ally Bank3.30%$0
FNBO Direct vs American Express3.40%$0
FNBO Direct vs Axos Bank4.31%$0
FNBO Direct vs Bank of America0.01%$100
FNBO Direct vs Barclays4.00%$0
FNBO Direct vs Bask Bank3.90%$0
FNBO Direct vs BMO Alto3.25%$0
FNBO Direct vs BrioDirect4.00%$5,000
FNBO Direct vs Capital One3.40%$0
FNBO Direct vs Chase Bank0.01%$0
FNBO Direct vs Chime3.50%$0
FNBO Direct vs CIT Bank3.75%$100
FNBO Direct vs Citibank3.30%$0
FNBO Direct vs Citizens Access™3.35%$0.01
FNBO Direct vs Climate First Bank4.21%$50
FNBO Direct vs Discover Bank3.40%$0
FNBO Direct vs Elevault4.08%$0
FNBO Direct vs EverBank4.05%$0
FNBO Direct vs Fitness Bank4.75%$100
FNBO Direct vs Forbright Bank4.00%$0
FNBO Direct vs FVCbank3.85%$500
FNBO Direct vs GO2bank4.50%$0
FNBO Direct vs Ivy Bank4.25%$2,500
FNBO Direct vs LendingClub4.20%$0
FNBO Direct vs Marcus by Goldman Sachs3.65%$0
FNBO Direct vs Neighbors Bank4.50%$0
FNBO Direct vs Newtek Bank4.35%$0.01
FNBO Direct vs Openbank4.20%$500
FNBO Direct vs Peak Bank4.20%$100
FNBO Direct vs Pibank4.60%$0
FNBO Direct vs PNC3.53%$0
FNBO Direct vs Presidential Bank4.00%$5,000
FNBO Direct vs Quontic Bank3.75%$100
FNBO Direct vs Salem Five Direct3.71%$10
FNBO Direct vs Santander Bank0.01%$25
FNBO Direct vs Synchrony Bank3.65%$0
FNBO Direct vs TIMBR4.40%$1,000
FNBO Direct vs UFB Direct3.71%$5000
FNBO Direct vs Valley Direct4.10%$1,000
FNBO Direct vs Varo Bank5.00%$0
FNBO Direct vs Vio Bank4.16%$100
FNBO Direct vs Wealthfront4.15%$0
FNBO Direct vs Wells Fargo0.05%$25
FNBO Direct vs Zynlo Bank4.05%$10
Compare SoFi Bank's APY of 4.30% with other banks
Bank PairCompetitor APYMin Deposit
SoFi Bank vs Ally Bank3.30%$0
SoFi Bank vs American Express3.40%$0
SoFi Bank vs Axos Bank4.31%$0
SoFi Bank vs Bank of America0.01%$100
SoFi Bank vs Barclays4.00%$0
SoFi Bank vs Bask Bank3.90%$0
SoFi Bank vs BMO Alto3.25%$0
SoFi Bank vs BrioDirect4.00%$5,000
SoFi Bank vs Capital One3.40%$0
SoFi Bank vs Chase Bank0.01%$0
SoFi Bank vs Chime3.50%$0
SoFi Bank vs CIT Bank3.75%$100
SoFi Bank vs Citibank3.30%$0
SoFi Bank vs Citizens Access™3.35%$0.01
SoFi Bank vs Climate First Bank4.21%$50
SoFi Bank vs Discover Bank3.40%$0
SoFi Bank vs Elevault4.08%$0
SoFi Bank vs EverBank4.05%$0
SoFi Bank vs Fitness Bank4.75%$100
SoFi Bank vs Forbright Bank4.00%$0
SoFi Bank vs FVCbank3.85%$500
SoFi Bank vs GO2bank4.50%$0
SoFi Bank vs Ivy Bank4.25%$2,500
SoFi Bank vs LendingClub4.20%$0
SoFi Bank vs Marcus by Goldman Sachs3.65%$0
SoFi Bank vs Neighbors Bank4.50%$0
SoFi Bank vs Newtek Bank4.35%$0.01
SoFi Bank vs Openbank4.20%$500
SoFi Bank vs Peak Bank4.20%$100
SoFi Bank vs Pibank4.60%$0
SoFi Bank vs PNC3.53%$0
SoFi Bank vs Presidential Bank4.00%$5,000
SoFi Bank vs Quontic Bank3.75%$100
SoFi Bank vs Salem Five Direct3.71%$10
SoFi Bank vs Santander Bank0.01%$25
SoFi Bank vs Synchrony Bank3.65%$0
SoFi Bank vs TIMBR4.40%$1,000
SoFi Bank vs UFB Direct3.71%$5000
SoFi Bank vs Valley Direct4.10%$1,000
SoFi Bank vs Varo Bank5.00%$0
SoFi Bank vs Vio Bank4.16%$100
SoFi Bank vs Wealthfront4.15%$0
SoFi Bank vs Wells Fargo0.05%$25
SoFi Bank vs Zynlo Bank4.05%$10