Openbank vs. Vio Bank
Openbank edges out Vio Bank slightly at 4.09% vs 4.03% APY. On a $10,000 balance, the difference is just $6 per year—so other factors may matter more.
The Bottom Line
The Openbank and Vio Bank savings accounts are very similar. Choose Vio Bank if mobile app quality matters.
| Metric | OpenbankHigh-Yield Savings Account Feb 21, 2026 | Vio BankOnline Savings Account Feb 21, 2026 |
|---|---|---|
| APY | 4.09% | 4.03% |
Est. Earnings | $5,000+$205 $10,000+$409 $25,000+$1,023 | $5,000+$202 $10,000+$403 $25,000+$1,008 |
Min Deposit | $500 | $100 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredLow MinimumsRate Changes Often | FDIC InsuredLow MinimumsGreat iOS AppDaily CompoundingRate Changes Often |
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.
Executive Summary
Openbank offers a High-Yield Savings Account with a competitive APY of 4.09%, making it the top choice compared to Vio Bank's Online Savings Account, which has an APY of 4.03%. Both accounts require no maintenance fees and have no minimum balance requirements, although Openbank has a higher minimum deposit of $500 compared to Vio Bank's $100. Both accounts are online-only and do not require direct deposit. Overall, Openbank stands out slightly due to its higher APY.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why Openbank?
No distinct advantages found vs Vio Bank.
Why Vio Bank?
- ✓Higher rated iOS app (4.6 vs 3.1)
Shared Benefits
Over a 1-year period, Openbank's High-Yield Savings Account pays $6 more interest on a $10,000 balance than Vio Bank's Online Savings Account.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Openbank vs. Vio Bank Savings Calculator
You earn $6 more with Openbank than Vio 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.
Openbank
High-Yield Savings Account
Savings Breakdown
- Interest Earned+$409.00(3.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,409.00
Vio Bank
Online Savings Account
Savings Breakdown
- Interest Earned+$403.00(3.9%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,403.00
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 $402 per year in interest.
Both Openbank and Vio Bank dramatically outperform the typical 0.01% APY at traditional big banks.
| Feature | Openbank | Vio Bank |
|---|---|---|
| APY | 4.09% Verified: 2/21/2026 ↘︎ 0.11%90d Change | 4.03% Verified: 2/21/2026 ↘︎ 0.13%90d Change |
| Product Name | High-Yield Savings Account | Online Savings Account |
| Minimum Deposit | $500 | $100 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $0 | $0, if electronic statements selected, otherwise $5 |
| Compound Frequency | Monthly | Daily |
| Branch Access | None | None |
| Account Type | Online Only | Online Only |
| Physical Branches | None | None |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Not Supported | Not Supported |
| BBB Rating | A- | A+ |
| Next Steps | Visit SiteVerify at Openbank Non-sponsored link to official site | Visit SiteVerify at Vio Bank Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Openbank | Vio Bank |
|---|---|---|
| High-Yield Savings Account | Online Savings Account | |
Current APY | 4.09% | 4.03% |
Trend | Stable | Stable |
Velocity (bps/mo) | -2.7 | -6.2 |
Days Since Change | 16 | 8 |
3-Month High | 4.20% | 4.21% |
3-Month Low | 4.09% | 4.02% |
Adjustments / Mo | 0.30 | 1.20 |
Volatility Score | 0.010 | 0.016 |
How to read these metrics(Click to expand)
Compare Similar High-Yield Accounts
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Comparing against Standard Savings
High Rates (With Checking Bundle)
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More Comparisons
Compare Openbank's APY of 4.09% with other banks
Compare Vio Bank's APY of 4.03% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Vio Bank vs Ally Bank | 3.20% | $0 |
| Vio Bank vs American Express | 3.30% | $0 |
| Vio Bank vs Axos Bank | 4.21% | $0 |
| Vio Bank vs Bank of America | 0.01% | $100 |
| Vio Bank vs Barclays | 3.85% | $0 |
| Vio Bank vs Capital One | 3.30% | $0 |
| Vio Bank vs Chase Bank | 0.01% | $0 |
| Vio Bank vs Chime | 3.00% | $0 |
| Vio Bank vs CIT Bank | 3.75% | $100 |
| Vio Bank vs Citibank | 3.20% | $0 |
| Vio Bank vs Discover Bank | 3.30% | $0 |
| Vio Bank vs EverBank | 3.90% | $0 |
| Vio Bank vs Marcus by Goldman Sachs | 3.65% | $0 |
| Vio Bank vs Newtek Bank | 4.20% | $0.01 |
| Vio Bank vs Pibank | 4.60% | $0 |
| Vio Bank vs SoFi Bank | 4.00% | $0 |
| Vio Bank vs Synchrony Bank | 3.50% | $0 |
| Vio Bank vs Varo Bank | 5.00% | $0 |
| Vio Bank vs Wealthfront | 3.95% | $0 |
| Vio Bank vs Wells Fargo | 0.05% | $25 |