Go2bank vs Neighbors Bank
High-Yield Savings Accounts Comparison
Last Updated: September 5, 2025
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Summary of GO2bank vs. Neighbors Bank
As of September 5, 2025 GO2bank offers an APY of 4.50% for its High Yield Savings account, with a minimum balance of $0, compared to Neighbors Bank's 4.60% APY for its Neighbors Savings Account, with a minimum balance of $0.
Neighbors Bank yields $10 more than GO2bank on a $10,000 balance after one year. GO2bank pays $450, while Neighbors Bank pays $460 - an APY advantage for Neighbors Bank.
GO2bank
Strengths
- GO2bank offers a competitive APY of 4.50% on its High Yield Savings account.
- GO2bank has a high App Store rating of 4.8.
- No maintenance fees if direct deposit is set up.
Potential Drawbacks
- GO2bank is not BBB accredited and has no rating.
- Interest on balances above $5,000 is not earned.
Neighbors Bank
Strengths
- Neighbors Bank has a higher APY of 4.60% on its Neighbors Savings Account.
- Neighbors Bank has an A+ BBB rating, indicating strong trustworthiness.
- No maintenance fees for the Neighbors Savings Account.
Potential Drawbacks
- Neighbors Bank has a lower App Store rating of 3.3.
- Only one branch location in Columbia, Missouri.
Summary: GO2bank offers a 4.50% APY with no maintenance fees if direct deposit is set up, but lacks a BBB rating. Neighbors Bank provides a slightly higher APY of 4.60% and an A+ BBB rating, but has a lower App Store rating and only one physical branch. Both banks have no maintenance fees, but GO2bank's interest structure limits earnings on larger balances.
Compare GO2bank's vs Neighbors Bank's Savings Accounts
| GO2bank | Neighbors Bank | ||
|---|---|---|---|
| Product | High Yield Savings | vs | Neighbors Savings Account |
| APY | 4.50% (as of 9/5/2025) | 4.60% (as of 9/5/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | No | |
| Compound Frequency | Quarterly | N/A | |
| Minimum Deposit | $0 | $0 | |
| Minimum Balance for APY | $0 | $0 | |
| Maintenance Fee | $5 per month, unless you set up direct deposit | $0 | |
| Direct Deposit Required | No | No | |
| Eligibility | United States | Not available in Delaware. | |
| Note | The 4.50% APY is up to $5,000. Balances above that earn no interest. | Balances up to $250,000 earn 4.60% APY. Anything above will earn 0.05% APY. | |
| App Store Rating | 4.8/5 | 3.3/5 | |
| Google Play Rating | 4.6/5 | 4.3/5 | |
| BBB Rating | Not Rated | A+ |
Comparative Historical APY Insights (Last 1 Month)
| GO2bank | Neighbors Bank | ||
|---|---|---|---|
| Product | High Yield Savings | vs | Neighbors Savings Account |
| Latest APY | 4.50 % | 4.60 % | |
| Trend | Sideways | Sideways | |
| Slope (bps/mo) | 0.0 | 0.0 | |
| Rate Changes / Mo | 0.00 | 0.00 | |
| Days Since Last Change | 29 | 29 | |
| High (-1 m) | 4.50 % | 4.60 % | |
| Low (-1 m) | 4.50 % | 4.60 % | |
| Draw-down from High | 0.0 % | 0.0 % | |
| Volatility (CV) | 0.000 | 0.000 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 1 months (regression slope).
- Slope (bps/mo)
- Average monthly change; 10 bps = 0.10 pp.
- Rate Changes / Mo
- Typical number of APY moves per month.
- Days Since Last Change
- Recency of the latest APY adjustment.
- High (-1 m)
- Highest APY in the last 30 days.
- Low (-1 m)
- Lowest APY in the last 30 days.
- Draw-down from High
- How far today sits below the 1-month peak.
- Volatility (CV)
- Coefficient of variation = stdev ÷ mean.
Why Track Savings-Account APYs?
- See how quickly a bank reacts to Fed moves or competition.
- Gauge “twitchiness” - frequent moves can annoy savers.
- Spot if you're buying near a peak (draw-down) or riding a rise.
- Slope (bps/mo) shows speed of change.
- Volatility (CV) scales jumps by average level.
Calculate Savings Growth for GO2bank vs Neighbors Bank
All calculations are based on APY.
GO2bank
APY: 4.50%
Total savings breakdown:
- Interest earned: $2,760.1 (13.30%)
- Total contributions: $13,000 (62.62%)
- Initial deposit: $5,000 (24.08%)
Your total balance
$20,760.10
Effective APY: 4.50% (based on your deposit and contributions)
Total balance: $20,760.1
Earnings: $2,760.1
Bank OverviewNeighbors Bank
APY: 4.60%
Total savings breakdown:
- Interest earned: $2,825.8 (13.57%)
- Total contributions: $13,000 (62.42%)
- Initial deposit: $5,000 (24.01%)
Your total balance
$20,825.80
Effective APY: 4.60% (based on your deposit and contributions)
Total balance: $20,825.8
Earnings: $2,825.8
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, GO2bank's total earnings would be $65.7 lower than Neighbors Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
More Comparisons
Compare GO2bank's APY of 4.50% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| GO2bank vs Ally Bank | 3.50% | $0 |
| GO2bank vs American Express | 3.50% | $0 |
| GO2bank vs Axos Bank | 4.46% | $0 |
| GO2bank vs Bank of America | 0.01% | $100 |
| GO2bank vs Barclays | 4.10% | $0 |
| GO2bank vs BrioDirect | 4.30% | $5,000 |
| GO2bank vs Capital One | 3.50% | $0 |
| GO2bank vs Chase Bank | 0.01% | $0 |
| GO2bank vs Chime | 3.75% | $0 |
| GO2bank vs CIT Bank | 4.00% | $100 |
| GO2bank vs Discover Bank | 3.50% | $0 |
| GO2bank vs Elevault | 4.60% | $0 |
| GO2bank vs EverBank | 4.30% | $0 |
| GO2bank vs Fitness Bank | 4.75% | $100 |
| GO2bank vs FVCbank | 4.35% | $500 |
| GO2bank vs Marcus by Goldman Sachs | 3.65% | $0 |
| GO2bank vs Newtek Bank | 4.35% | $0 |
| GO2bank vs Peak Bank | 4.35% | $100 |
| GO2bank vs Pibank | 4.60% | $0 |
| GO2bank vs Presidential Bank | 4.50% | $5,000 |
| GO2bank vs Santander Bank | 0.03% | $25 |
| GO2bank vs SoFi Bank | 3.80% | $0 |
| GO2bank vs Synchrony Bank | 3.80% | $0 |
| GO2bank vs TIMBR | 4.40% | $1,000 |
| GO2bank vs UFB Direct | 4.21% | $5000 |
| GO2bank vs Varo Bank | 5.00% | $0 |
| GO2bank vs Wells Fargo | 2.51% | $25 |
| GO2bank vs Zynlo Bank | 4.35% | $10 |