Openbank vs. Pibank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of Openbank vs. Pibank
Key Metrics at a Glance
| Feature | Openbank | Pibank |
|---|---|---|
| Top Savings APY | 4.20% High-Yield Savings Account | 4.60% Pibank Savings |
| Minimum to Open | $500 | $0 |
| Minimum Balance for Top APY | $0 | $0.01 |
Openbank
Strengths
- Openbank offers a competitive APY of 4.20%.
- No maintenance fees for the High-Yield Savings Account.
- No minimum balance requirement for the High-Yield Savings Account.
Potential Drawbacks
- Openbank has a low App Store rating of 3.2.
- Openbank has a low Google Play rating of 3.2.
- Openbank is not rated by the BBB.
Pibank
Strengths
- Pibank provides a higher APY of 4.60%.
- Pibank has an A rating from the BBB.
- No minimum deposit requirement for the Pibank Savings account.
Potential Drawbacks
- Pibank has a low App Store rating of 2.4.
- Pibank has a very low Google Play rating of 1.8.
- Pibank is not BBB accredited.
→ As of November 12, 2025 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 yields $40 more than Openbank on a $10,000 balance after one year. Openbank pays $420, while Pibank pays $460 - an APY advantage for Pibank.
Calculate Savings Growth for Openbank vs Pibank
Openbank - High-Yield Savings Account
Total savings breakdown:
- Interest earned: $2,564.3 (12.47%)
- Total contributions: $13,000 (63.22%)
- Initial deposit: $5,000 (24.31%)
Your total balance
$20,564.30
Total balance: $20,564.3
Earnings: $2,564.3
Bank OverviewPibank - Pibank Savings
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
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, Openbank's total earnings would be $261.5 lower than Pibank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Openbank's vs Pibank's Savings Accounts
| Openbank | Pibank | ||
|---|---|---|---|
| Product | High-Yield Savings Account | vs | Pibank Savings |
| APY | 4.20% (as of 11/12/2025) | 4.60% (as of 11/12/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Monthly | Daily | |
| Minimum Deposit | $500 | $0 | |
| Minimum Balance for APY | $0 | $0.01 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| App Store Rating | 3.2/5 | 2.4/5 | |
| Google Play Rating | 3.2/5 | 1.8/5 | |
| BBB Rating | Not Rated | A |
Comparative Historical APY Insights (Last 9 Months)
| Openbank | Pibank | ||
|---|---|---|---|
| Product | High-Yield Savings Account | vs | Pibank Savings |
| Latest APY | 4.20 % | 4.60 % | |
| Trend | Sideways | Sideways | |
| Slope (bps/mo) | -4.0 | 0.0 | |
| Rate Changes / Mo | 0.35 | 0.00 | |
| Days Since Last Change | 114 | 260 | |
| High (-9 m) | 4.75 % | 4.60 % | |
| Low (-9 m) | 4.20 % | 4.60 % | |
| Draw-down from High | -11.6 % | 0.0 % | |
| Volatility (CV) | 0.028 | 0.000 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 9 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 (-9 m)
- Highest APY in the last 260 days.
- Low (-9 m)
- Lowest APY in the last 260 days.
- Draw-down from High
- How far today sits below the 9-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.