GO2bank vs. Neighbors Bank
Compare rates, requirements, and features side-by-side to find the best option for you.
GO2bank
High Yield Savings
Up to4.50%APYDec 6, 2025FDIC InsuredChecking BundleNo MinimumsGreat iOS AppGreat Android AppRange: 0.00% – 4.50%Show Fine Print & Trends Hide Details
GO2bank
High Yield Savings
Neighbors Bank
Neighbors Savings Account
4.50%APYDec 6, 2025FDIC InsuredNo MinimumsGreat Android AppIn-Person AccessShow Fine Print & Trends Hide Details
Neighbors Bank
Neighbors Savings Account
Comparison Analysis
Comparing GO2bank vs. Neighbors Bank
Why GO2bank?
- ✓Higher rated iOS app (4.8 vs 3.3)
- ✓Available Nationwide
Why Neighbors Bank?
- ✓No checking account or direct deposit required
- ✓Physical branch access (One location in Columbia, Missouri)
— Key Feature Differences —
Better Returns at $10,000
Neighbors BankNeighbors Bank's Neighbors Savings Account earns more on smaller deposits (approx. $450 vs $225/yr).
Better Returns at $25,000
Neighbors BankNeighbors Bank's Neighbors Savings Account pulls ahead with larger amounts (approx. $1125 vs $225/yr).
Best for Simplicity
Neighbors BankNeighbors Bank's Neighbors Savings Account offers 4.50% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
GO2bankGO2bank offers an iOS app rated 4.8 (vs. 3.3) and Android app rated 4.5 (vs. 4.4)
Shared Benefits
Over a 1-year period, Neighbors Bank's Neighbors Savings Account pays $225 more interest on a $10,000 balance than GO2bank's High Yield Savings.
Executive Summary
Both GO2bank and Neighbors Bank offer competitive savings accounts with a 4.50% APY on balances up to $5,000 and $250,000, respectively. However, GO2bank requires a checking account to open its High Yield Savings account, while Neighbors Bank does not impose such a requirement and has no maintenance fees. Additionally, Neighbors Bank's account is available to a wider audience, though it is not accessible in Delaware. Both banks provide online-only services, but GO2bank is noted for its superior mobile app experience. Overall, Neighbors Bank's account is more straightforward and offers better returns for larger deposits.
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.
Top Market Contenders
See who beats both GO2bank and Neighbors Bank.
| Feature | GO2bank | Neighbors Bank |
|---|---|---|
| APY | 4.50% 0Verified: 12/6/2025 Stable (90d) | 4.50% Verified: 12/6/2025 ↘︎ 0.10%90d Change |
| Product Name | High Yield Savings | Neighbors Savings Account |
| Minimum Deposit | $0 | $0 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $5 per month, unless you set up direct deposit | $0 |
| Branch Access | None | Yes |
| Account Type | Online Only | Online & Branches |
| Direct Deposit Req. | None | None |
| Checking Bundle | Yes | No |
| Mobile Apps | iOS4.8 Android4.5 | iOS3.3 Android4.4 |
| BBB Rating | Not Rated | A+ |
| Important Notes | A GO2bank checking account is required to open a savings account. The 4.50% APY is up to $5,000. Balances above that earn no interest. | Balances up to $250,000 earn 4.50% APY. Anything above will earn 0.05% APY. |
| Next Steps |
Savings Comparison
Neighbors Bank earns $1,529.2 more than GO2bank.
GO2bank
High Yield Savings
4.50% on first $5,000 and 0.00% thereafter.
Savings Breakdown
- Interest Earned+$1,230.90(6.4%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$19,230.90
Neighbors Bank
Neighbors Savings Account
Savings Breakdown
- Interest Earned+$2,760.10(13.3%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,760.10
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | GO2bank | Neighbors Bank |
|---|---|---|
| High Yield Savings | Neighbors Savings Account | |
Current APY | 4.50% | 4.50% |
Trend | Stable | Stable |
Velocity (bps/mo) | 0.0 | -3.7 |
Days Since Change | 121 | 53 |
4-Month High | 4.50% | 4.60% |
4-Month Low | 4.50% | 4.50% |
Adjustments / Mo | 0.00 | 0.25 |
Volatility Score | 0.000 | 0.011 |
How to read these metrics(Click to expand)
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