Go2bank vs. Valley Direct
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: October 16, 2025
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Summary of GO2bank vs. Valley Direct
Key Metrics at a Glance
| Feature | GO2bank | Valley Direct |
|---|---|---|
| Top Savings APY | 4.50% High Yield Savings | 4.10% High-Yield Savings Account |
| Minimum to Open | $0 | $1000 |
| Minimum Balance for Top APY | $0 | $0.01 |
| Note | The 4.50% APY is up to 5,000. Balances above that earn no interest. | Promo. Eligibility restricted to new customers. |
GO2bank
Strengths
- GO2bank offers a higher APY of 4.50% compared to Valley Direct's 4.10%.
- No maintenance fees if direct deposit is set up with GO2bank.
- GO2bank has a higher App Store rating of 4.8 compared to Valley Direct's 4.8.
Potential Drawbacks
- GO2bank has an F BBB rating, indicating lower trustworthiness.
- GO2bank charges a $5 monthly fee unless direct deposit is set up.
- GO2bank has no physical branches for in-person service.
Valley Direct
Strengths
- Valley Direct has an A+ BBB rating, indicating higher trustworthiness.
- No maintenance fees for Valley Direct's High-Yield Savings Account.
- Valley Direct allows account servicing at multiple branch locations.
Potential Drawbacks
- Valley Direct offers a lower APY of 4.10% compared to GO2bank's 4.50%.
- Valley Direct requires a minimum deposit of $1,000 to open an account.
- Valley Direct's APY decreased from 4.30% over the last 30 days.
→ As of October 16, 2025 GO2bank offers an APY of 4.50% for its High Yield Savings account, with a minimum balance of $0, compared to Valley Direct's 4.10% APY for its High-Yield Savings Account, with a minimum balance of $0.01.
→ Valley Direct yields $185 more than GO2bank on a $10,000 balance after one year. GO2bank pays $225 (with an effective APY of 2.25%), while Valley Direct pays $410 - an APY advantage for Valley Direct.
Calculate Savings Growth for GO2bank vs Valley Direct
GO2bank
ℹ️You earn 4.50% on the first $5,000 and 0.00% on the rest.
Total savings breakdown:
- Interest earned: $1,230.9 (6.40%)
- Total contributions: $13,000 (67.60%)
- Initial deposit: $5,000 (26.00%)
Your total balance
$19,230.90
Total balance: $19,230.9
Earnings: $1,230.9
Bank OverviewValley Direct
Total savings breakdown:
- Interest earned: $2,499.4 (12.19%)
- Total contributions: $13,000 (63.42%)
- Initial deposit: $5,000 (24.39%)
Your total balance
$20,499.40
Total balance: $20,499.4
Earnings: $2,499.4
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, GO2bank's total earnings would be $1,268.5 lower than Valley Direct's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare GO2bank's vs Valley Direct's Savings Accounts
| GO2bank | Valley Direct | ||
|---|---|---|---|
| Product | High Yield Savings | vs | High-Yield Savings Account |
| APY | 0.00% - 4.50% (as of 10/16/2025) | 4.10% (as of 10/16/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Quarterly | Daily | |
| Minimum Deposit | $0 | $1000 | |
| Minimum Balance for APY | $0 | $0.01 | |
| Maintenance Fee | $5 per month, unless you set up direct deposit | $0 | |
| Direct Deposit Required | No | No | |
| Eligibility | United States | Only for new customers. Existing Valley Bank or Valley Direct customers may open a savings account with a somewhat lower rate. | |
| Note | The 4.50% APY is up to 5,000. Balances above that earn no interest. | Promo. Eligibility restricted to new customers. | |
| App Store Rating | 4.8/5 | 4.8/5 | |
| Google Play Rating | 4.6/5 | 4.5/5 | |
| BBB Rating | F | A+ |
Comparative Historical APY Insights (Last 2 Months)
| GO2bank | Valley Direct | ||
|---|---|---|---|
| Product | High Yield Savings | vs | High-Yield Savings Account |
| Latest APY | 4.50 % | 4.10 % | |
| Trend | Sideways | Falling | |
| Slope (bps/mo) | 0.0 | -11.9 | |
| Rate Changes / Mo | 0.00 | 0.83 | |
| Days Since Last Change | 71 | 20 | |
| High (-2 m) | 4.50 % | 4.30 % | |
| Low (-2 m) | 4.50 % | 4.05 % | |
| Draw-down from High | 0.0 % | -4.7 % | |
| Volatility (CV) | 0.000 | 0.025 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 2 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 (-2 m)
- Highest APY in the last 72 days.
- Low (-2 m)
- Lowest APY in the last 72 days.
- Draw-down from High
- How far today sits below the 2-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.