Openbank vs. Pibank
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | OpenbankHigh-Yield Savings Account Jan 7, 2026 | PibankPibank Savings Jan 7, 2026 |
|---|---|---|
| APY | 4.20% | 4.60% |
Est. Earnings | $5,000+$210 $10,000+$420 $25,000+$1,050 | $5,000+$230 $10,000+$460 $25,000+$1,150 |
Min Deposit | $500 | $0 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredLow Minimums | FDIC InsuredNo Minimums |
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.
As of Openbank offers an APY of 4.20% for its High-Yield Savings Account, with a minimum balance of $0, compared to Pibank's 4.60% APY for its Pibank Savings account, with a minimum balance of $0.01.
Pibank pays $40 more than Openbank on a $10,000 balance after one year. Openbank pays $420, while Pibank pays $460 - an APY advantage for Pibank.
Why Openbank?
No distinct advantages found vs Pibank.
Why Pibank?
- ✓Higher potential APY (4.60% vs 4.20%) on all balances
— Key Feature Differences —
Better Returns at $10,000
PibankPibank's Pibank Savings earns more on smaller deposits (approx. $460 vs $420/yr).
Better Returns at $25,000
PibankPibank's Pibank Savings pulls ahead with larger amounts (approx. $1150 vs $1050/yr).
Best for Simplicity
PibankPibank's Pibank Savings offers 4.60% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Pibank's Pibank Savings pays $40 more interest on a $10,000 balance than Openbank's High-Yield Savings Account.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
Pibank offers a competitive Pibank Savings account with a higher APY of 4.60%, making it the winner in this comparison. This online-only account requires a minimum deposit of $0 and has no maintenance fees, providing flexibility for savers. In contrast, Openbank's High-Yield Savings Account offers a lower APY of 4.20% with a minimum deposit of $500, though it also has no maintenance fees and is online-only. Both accounts do not require direct deposit, but Pibank stands out for its superior returns and simplicity.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Non-sponsored link to official site
Non-sponsored link to official site
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Openbank vs. Pibank Savings Calculator
You earn $40 more with Pibank than Openbank 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.
Openbank
High-Yield Savings Account
Savings Breakdown
- Interest Earned+$420.00(4.0%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,420.00
Pibank
Pibank Savings
Savings Breakdown
- Interest Earned+$460.00(4.4%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,460.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Openbank | Pibank |
|---|---|---|
| APY | 4.20% Verified: 1/7/2026 Stable (90d) | 4.60% Verified: 1/7/2026 Stable (90d) |
| Product Name | High-Yield Savings Account | Pibank Savings |
| Minimum Deposit | $500 | $0 |
| Min. Balance for APY | $0 | $0.01 |
| Monthly Fee | $0 | $0 |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | iOS3.1 Android2.9 | iOS2.4 Android1.7 |
| Zelle® Support | Not Supported | Not Supported |
| BBB Rating | Not Rated | A |
| Next Steps | Visit SiteVerify at Openbank Non-sponsored link to official site | Visit SiteVerify at Pibank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Openbank | Pibank |
|---|---|---|
| High-Yield Savings Account | Pibank Savings | |
Current APY | 4.20% | 4.60% |
Trend | Stable | Stable |
Velocity (bps/mo) | -3.0 | 0.0 |
Days Since Change | 169 | 315 |
10-Month High | 4.75% | 4.60% |
10-Month Low | 4.20% | 4.60% |
Adjustments / Mo | 0.29 | 0.00 |
Volatility Score | 0.027 | 0.000 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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