High-Yield Savings Account Comparison

Newtek Bank vs. Zynlo Bank

Compare rates, requirements, and features side-by-side to find the best option for you.

Analysis by Aviel Fahl
Updated January 21, 2026
Comparison of Newtek Bank vs Zynlo Bank savings accounts
Metric

Newtek Bank

Personal High Yield Savings

Jan 21, 2026

Zynlo Bank

Tomorrow Savings Account

Jan 21, 2026
APY4.35%3.85%
Est. Earnings
$5,000+$217
$10,000+$435
$25,000+$1,088
$5,000+$193
$10,000+$385
$25,000+$963
Min Deposit
$0.01$10

Snapshot view. Rates subject to change.

Features
FDIC InsuredNo MinimumsGreat iOS AppGreat Android App
FDIC InsuredLow MinimumsGreat iOS App

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.

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Comparison Analysis

Comparing Newtek Bank vs. Zynlo Bank

Updated: Jan 21, 2026

As of Newtek Bank offers an APY of 4.35% for its Personal High Yield Savings account, with a minimum balance of $0.01, compared to Zynlo Bank's 3.85% APY for its Tomorrow Savings Account, with a minimum balance of $0.01.

Newtek Bank pays $50 more than Zynlo Bank on a $10,000 balance after one year. Newtek Bank pays $435, while Zynlo Bank pays $385 - an APY advantage for Newtek Bank.

Why Newtek Bank?

  • Higher potential APY (4.35% vs 3.85%) on all balances
  • Higher rated iOS app (4.5 vs 4.1)
  • Higher rated Android app (4.0 vs 3.5)

Why Zynlo Bank?

No distinct advantages found vs Newtek Bank.

— Key Feature Differences —

Better Returns at $10,000
Newtek Bank

Newtek Bank's Personal High Yield Savings earns more on smaller deposits (approx. $435 vs $385/yr).

Better Returns at $25,000
Newtek Bank

Newtek Bank's Personal High Yield Savings pulls ahead with larger amounts (approx. $1088 vs $963/yr).

Best for Simplicity
Newtek Bank

Newtek Bank's Personal High Yield Savings offers 4.35% APY with no bundling, direct deposit requirement or caps.

Best Mobile App Experience
Newtek Bank

Newtek Bank offers an iOS app rated 4.5 (vs. 4.1) and Android app rated 4.0 (vs. 3.5)

Shared Benefits

Both offer monthly maintenance-free account options Available Nationwide Available to New & Existing Customers
The Bottom Line on APY (Interest Only)

Over a 1-year period, Newtek Bank's Personal High Yield Savings pays $50 more interest on a $10,000 balance than Zynlo Bank's Tomorrow Savings Account.

*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.

Zynlo BankNewtek Bank

Executive Summary as of

Newtek Bank offers a competitive Personal High Yield Savings account with an APY of 4.35%, providing better returns compared to Zynlo Bank's Tomorrow Savings Account, which has an APY of 3.85%. Newtek Bank's account stands out for its simplicity, requiring no direct deposit and no maintenance fees, and is accessible with a minimum deposit of just $0.01. In contrast, Zynlo Bank's account requires a minimum deposit of $10 but also has no maintenance fees. Both banks operate online-only, catering to customers looking for high-yield savings options.

The analysis is based on current Banksparency database records

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

Verify At
Newtek Bank

Non-sponsored link to official site

Verify At
Zynlo Bank

Non-sponsored link to official site

Top Market Contenders

American Express
3.30% APY

Newtek Bank vs. Zynlo Bank Savings Calculator

Calculations based on current APY for Personal High Yield Savings and Tomorrow Savings Account
$
$

You earn $50 more with Newtek Bank than Zynlo Bank 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.

Newtek Bank

Personal High Yield Savings

4.35% APY

Savings Breakdown

  • Interest Earned
    +$435.00(4.2%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,435.00

Effective APY
4.35%

Zynlo Bank

Tomorrow Savings Account

3.85% APY

Savings Breakdown

  • Interest Earned
    +$385.00(3.7%)
  • Total Contributions
    $0
  • Initial Deposit
    $10,000

Projected Balance

$10,385.00

Effective APY
3.85%

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

FeatureNewtek BankZynlo Bank
APY
4.35%
Verified: 1/21/2026
Stable (90d)
3.85%
Verified: 1/21/2026
↘︎ 0.35%90d Change
Product NamePersonal High Yield SavingsTomorrow Savings Account
Minimum Deposit$0.01$10
Min. Balance for APY$0.01$0.01
Monthly Fee$0$0
Branch AccessNoneNone
Account Type
Online Only
Online Only
Direct Deposit Req.NoneNone
Checking BundleNoNo
Mobile Apps
iOS4.5
Android4.0
iOS4.1
Android3.5
Zelle® Support
Not Supported
Not Supported
BBB RatingA+A+
Next Steps
Visit Site

Non-sponsored link to official site

Visit Site

Non-sponsored link to official site

📈 Compare Savings Rates Over Time

Historical Performance

Last 10 Months Analysis
MetricNewtek BankZynlo Bank
Personal High Yield SavingsTomorrow Savings Account
Current APY
4.35%3.85%
Trend
Stable Stable
Velocity (bps/mo)
-0.4-4.4
Days Since Change
28523
10-Month High
4.45%4.35%
10-Month Low
4.35%3.85%
Adjustments / Mo
0.100.29
Volatility Score
0.0060.039
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 311-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

Compare Newtek Bank's APY of 4.35% with other banks
Bank PairCompetitor APYMin Deposit
Newtek Bank vs Affirm3.20%$0
Newtek Bank vs Ally Bank3.30%$0
Newtek Bank vs American Express3.30%$0
Newtek Bank vs Axos Bank4.31%$0
Newtek Bank vs Bank of America0.01%$100
Newtek Bank vs Barclays4.00%$0
Newtek Bank vs Bask Bank3.75%$0
Newtek Bank vs Betterment3.25%$10
Newtek Bank vs BMO Alto3.25%$0
Newtek Bank vs Bread Savings4.00%$100
Newtek Bank vs BrioDirect3.75%$5,000
Newtek Bank vs Capital One3.30%$0
Newtek Bank vs Carver Bank4.00%$5,000
Newtek Bank vs Charles Schwab Bank0.15%$0
Newtek Bank vs Chase Bank0.01%$0
Newtek Bank vs Chime3.50%$0
Newtek Bank vs CIT Bank3.75%$100
Newtek Bank vs Citibank3.30%$0
Newtek Bank vs Citizens Access™3.15%$0.01
Newtek Bank vs Climate First Bank4.21%$50
Newtek Bank vs Colorado Federal Savings Bank4.05%$50,000
Newtek Bank vs Discover Bank3.30%$0
Newtek Bank vs E*TRADE from Morgan Stanley3.50%$0
Newtek Bank vs Elevault3.82%$0
Newtek Bank vs EverBank3.90%$0
Newtek Bank vs Fitness Bank4.75%$100
Newtek Bank vs FNBO Direct3.00%$1
Newtek Bank vs Forbright Bank3.85%$0
Newtek Bank vs FVCbank3.85%$500
Newtek Bank vs GO2bank4.50%$0
Newtek Bank vs Ivy Bank4.00%$2,500
Newtek Bank vs Jenius Bank4.05%$0
Newtek Bank vs LendingClub4.00%$0
Newtek Bank vs Marcus by Goldman Sachs3.65%$0
Newtek Bank vs MutualOne Bank4.07%$20,000
Newtek Bank vs My Banking Direct4.02%$500
Newtek Bank vs Neighbors Bank4.20%$0
Newtek Bank vs Openbank4.20%$500
Newtek Bank vs Peak Bank3.99%$100
Newtek Bank vs Pibank4.60%$0
Newtek Bank vs PNC3.30%$0
Newtek Bank vs Popular Direct3.90%$100
Newtek Bank vs Presidential Bank3.75%$5,000
Newtek Bank vs Quontic Bank3.50%$100
Newtek Bank vs Salem Five Direct3.61%$10
Newtek Bank vs Sallie Mae Bank3.90%$0
Newtek Bank vs Santander Bank0.01%$25
Newtek Bank vs SoFi Bank4.00%$0
Newtek Bank vs Synchrony Bank3.65%$0
Newtek Bank vs TD Bank2.36%$0
Newtek Bank vs TIMBR4.15%$1,000
Newtek Bank vs UFB Direct3.46%$5000
Newtek Bank vs Upgrade3.05%$0
Newtek Bank vs Valley Direct4.00%$1,000
Newtek Bank vs Varo Bank5.00%$0
Newtek Bank vs Vio Bank4.09%$100
Newtek Bank vs Wealthfront3.90%$0
Newtek Bank vs Wells Fargo0.05%$25
Compare Zynlo Bank's APY of 3.85% with other banks
Bank PairCompetitor APYMin Deposit
Zynlo Bank vs Affirm3.20%$0
Zynlo Bank vs Ally Bank3.30%$0
Zynlo Bank vs American Express3.30%$0
Zynlo Bank vs Axos Bank4.31%$0
Zynlo Bank vs Bank of America0.01%$100
Zynlo Bank vs Barclays4.00%$0
Zynlo Bank vs Bask Bank3.75%$0
Zynlo Bank vs Betterment3.25%$10
Zynlo Bank vs BMO Alto3.25%$0
Zynlo Bank vs Bread Savings4.00%$100
Zynlo Bank vs BrioDirect3.75%$5,000
Zynlo Bank vs Capital One3.30%$0
Zynlo Bank vs Carver Bank4.00%$5,000
Zynlo Bank vs Charles Schwab Bank0.15%$0
Zynlo Bank vs Chase Bank0.01%$0
Zynlo Bank vs Chime3.50%$0
Zynlo Bank vs CIT Bank3.75%$100
Zynlo Bank vs Citibank3.30%$0
Zynlo Bank vs Citizens Access™3.15%$0.01
Zynlo Bank vs Climate First Bank4.21%$50
Zynlo Bank vs Colorado Federal Savings Bank4.05%$50,000
Zynlo Bank vs Discover Bank3.30%$0
Zynlo Bank vs E*TRADE from Morgan Stanley3.50%$0
Zynlo Bank vs Elevault3.82%$0
Zynlo Bank vs EverBank3.90%$0
Zynlo Bank vs Fitness Bank4.75%$100
Zynlo Bank vs FNBO Direct3.00%$1
Zynlo Bank vs Forbright Bank3.85%$0
Zynlo Bank vs FVCbank3.85%$500
Zynlo Bank vs GO2bank4.50%$0
Zynlo Bank vs Ivy Bank4.00%$2,500
Zynlo Bank vs Jenius Bank4.05%$0
Zynlo Bank vs LendingClub4.00%$0
Zynlo Bank vs Marcus by Goldman Sachs3.65%$0
Zynlo Bank vs MutualOne Bank4.07%$20,000
Zynlo Bank vs My Banking Direct4.02%$500
Zynlo Bank vs Neighbors Bank4.20%$0
Zynlo Bank vs Openbank4.20%$500
Zynlo Bank vs Peak Bank3.99%$100
Zynlo Bank vs Pibank4.60%$0
Zynlo Bank vs PNC3.30%$0
Zynlo Bank vs Popular Direct3.90%$100
Zynlo Bank vs Presidential Bank3.75%$5,000
Zynlo Bank vs Quontic Bank3.50%$100
Zynlo Bank vs Salem Five Direct3.61%$10
Zynlo Bank vs Sallie Mae Bank3.90%$0
Zynlo Bank vs Santander Bank0.01%$25
Zynlo Bank vs SoFi Bank4.00%$0
Zynlo Bank vs Synchrony Bank3.65%$0
Zynlo Bank vs TD Bank2.36%$0
Zynlo Bank vs TIMBR4.15%$1,000
Zynlo Bank vs UFB Direct3.46%$5000
Zynlo Bank vs Upgrade3.05%$0
Zynlo Bank vs Valley Direct4.00%$1,000
Zynlo Bank vs Varo Bank5.00%$0
Zynlo Bank vs Vio Bank4.09%$100
Zynlo Bank vs Wealthfront3.90%$0
Zynlo Bank vs Wells Fargo0.05%$25