High-Yield Savings Account Comparison

Neighbors Bank vs. Wealthfront

Neighbors Bank and Wealthfront both offer 4.20% APY on their high-yield savings accounts. With identical rates, your choice comes down to other factors like mobile app quality, branch access, or customer service reputation.

Analysis by Aviel Fahl
Updated April 7, 2026

The Bottom Line

Who pays more interest on $10,000? Neighbors Bank pays $68 more than Wealthfront annually ($420 vs $353).

The Neighbors Bank and Wealthfront savings accounts are very similar. Choose Neighbors Bank if getting the best rate matters most, you want to avoid a promo rate with a scheduled drop, BBB rating matters to you, or you value in-person banking. Choose Wealthfront if you're an iPhone user.

Important Considerations

The key difference? Wealthfront's 4.20% rate includes a promotional bonus for the first 3 months, after which it reverts to the standard rate (currently 3.30%). Neighbors Bank's 4.20% rate has no scheduled drop, though all rates are subject to change.

Comparison of Neighbors Bank vs Wealthfront savings accounts
Metric

Neighbors Bank

Neighbors Savings Account

Apr 7, 2026

Wealthfront

Cash Account

Apr 7, 2026
APY4.20%3.30% - 4.20%
Est. Earnings
$5,000+$210
$10,000+$420
$25,000+$1,050
$5,000+$176
$10,000+$353
$25,000+$881
Min Deposit
$0$0

Snapshot view. Rates subject to change.

Terms
Balances up to $250,000 earn 4.20% APY. Anything above will earn 0.05% APY.Wealthfront is not a bank but a financial services company. It is FDIC-insured through its many partner banks. New customers may earn the top rate of 4.20% for 3 months with direct deposit. See terms at Wealthfront.
Features
FDIC InsuredNo MinimumsGreat Android AppIn-Person AccessRate Changes Often
FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppDaily CompoundingRate Changes Often

Comparison Analysis

Comparing Neighbors Bank vs. Wealthfront

Updated: Apr 7, 2026

Executive Summary

Both Neighbors Bank and Wealthfront offer competitive savings products with an APY of 4.20%. Neighbors Bank's Neighbors Savings Account allows balances up to $250,000 to earn this rate, while amounts exceeding that earn 0.05%. Wealthfront's Cash Account is an online-only product that provides the same APY, with new customers potentially earning it for three months when setting up direct deposit. Both accounts have no minimum deposit, maintenance fees, or direct deposit requirements, making them accessible options. However, Neighbors Bank is not available in Delaware.

The analysis is based on current Banksparency database records

* This content is provided for informational purposes only; always verify details with the provider.

Why Neighbors Bank?

  • Physical branch access (One location in Columbia, Missouri)

Why Wealthfront?

  • No checking account or direct deposit required
  • Higher rated iOS app (4.8 vs 3.3)
  • Higher rated Android app (4.9 vs 4.4)
  • Available Nationwide

— Key Feature Differences —

Better Returns at $10,000
Neighbors Bank

Neighbors Bank's Neighbors Savings Account earns more on smaller deposits (approx. $420 vs $353/yr).

Better Returns at $25,000
Neighbors Bank

Neighbors Bank's Neighbors Savings Account pulls ahead with larger amounts (approx. $1050 vs $881/yr).

Best for Simplicity
Wealthfront

Wealthfront's Cash Account offers 4.20% APY with no bundling, direct deposit requirement or caps.

Best Mobile App Experience
Wealthfront

Wealthfront offers an iOS app rated 4.8 (vs. 3.3) and Android app rated 4.9 (vs. 4.4)

Shared Benefits

Both offer monthly maintenance-free account options Both banks have options with $0 opening deposit Available to New & Existing Customers
The Bottom Line on APY (Interest Only)

Over a 1-year period, Neighbors Bank's Neighbors Savings Account pays $68 more interest on a $10,000 balance than Wealthfront's Cash Account.

*This comparison accounts for Wealthfront's introductory promotional rate, yet Neighbors Bank's standard rate still yields a higher 1-year return.

WealthfrontNeighbors Bank
Verify At
Neighbors Bank

Non-sponsored link to official site

Verify At
Wealthfront

Non-sponsored link to official site

Top Market Contenders

Marcus by Goldman Sachs
3.65% APY

Neighbors Bank vs. Wealthfront Savings Calculator

Calculations based on current APY for Neighbors Savings Account and Cash Account
$
$

You earn $65.8 more with Neighbors Bank than Wealthfront on a $10,000 initial deposit for 1 year*.

*This calculation assumes that APYs remain unchanged for 1 year, and takes into account known promo rate periods, but does not factor in bonuses. You can see how often these banks have changed their rates in the Compare Savings Rates Over Time section below.

Neighbors Bank

Neighbors Savings Account

4.20% APY

4.20% on first $250,000 and 0.05% thereafter.

Savings Breakdown

  • Interest Earned
    +$420.00(4.0%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,420.00

Effective APY
4.20%

Wealthfront

Cash Account

4.20% APY

Promo Rate: 4.20% for 3 months, then 3.30%.

Savings Breakdown

  • Interest Earned
    +$354.20(3.4%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,354.20

Effective APY
3.54%

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

Still banking with Chase, Bank of America, or Wells Fargo?

On a $10,000 balance, you're missing out on at least $352 per year in interest.

Both Neighbors Bank and Wealthfront dramatically outperform the typical 0.01% APY at traditional big banks.

Big banks currently pay 0.01% APY on savings vs 4.20%+ here
FeatureNeighbors BankWealthfront
APY
4.20%
Verified: 4/7/2026
↘︎ 0.10%90d Change
4.20%
Range: 3.30% - 4.20%
Verified: 4/7/2026
↗︎ 0.30%90d Change
Product NameNeighbors Savings AccountCash Account
Minimum Deposit$0$0
Min. Balance for APY$0$0
Monthly Fee$0$0
Compound FrequencyN/ADaily
Branch AccessYesNone
Account Type
Online & Branches
Online Only
Physical BranchesOne location in Columbia, MissouriNone
Direct Deposit Req.NoneNone
Checking BundleNoNo
Mobile Apps
iOS3.3
Android4.4
iOS4.8
Android4.9
FDIC Insured
Yes
Zelle® Support
Not Supported
Not Supported
BBB RatingA+F
Important NotesBalances up to $250,000 earn 4.20% APY. Anything above will earn 0.05% APY.Wealthfront is not a bank but a financial services company. It is FDIC-insured through its many partner banks. New customers may earn the top rate of 4.20% for 3 months with direct deposit. See terms at Wealthfront.
Next Steps
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📈 Compare Savings Rates Over Time

Historical Performance

Last 5 Months Analysis
MetricNeighbors BankWealthfront
Neighbors Savings AccountCash Account
Current APY
4.20%4.20%
Trend
Stable Stable
Velocity (bps/mo)
-8.01.5
Days Since Change
8233
5-Month High
4.50%4.20%
5-Month Low
4.20%3.90%
Adjustments / Mo
0.410.62
Volatility Score
0.0270.032
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 145-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

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