Peak Bank vs Pibank
High-Yield Savings Accounts Comparison
Last Updated: September 5, 2025
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Summary of Peak Bank vs. Pibank
As of September 5, 2025 Peak Bank offers an APY of 4.35% for its Envision High Yield Savings account, with a minimum balance of , compared to Pibank's 4.60% APY for its Pibank Savings account, with a minimum balance of $0.01.
Pibank yields $25 more than Peak Bank on a $10,000 balance after one year. Peak Bank pays $435, while Pibank pays $460 - an APY advantage for Pibank.
Peak Bank
Strengths
- Peak Bank offers a competitive APY of 4.35%.
- Peak Bank has a higher App Store rating at 4.8.
- Peak Bank has no minimum balance requirement.
Potential Drawbacks
- Peak Bank's APY decreased from 4.35% 30 days ago.
- Peak Bank has no physical branches.
Pibank
Strengths
- Pibank offers a higher APY of 4.60%.
- Pibank has no minimum deposit requirement.
Potential Drawbacks
- Pibank has low App Store and Google Play ratings at 2.4 and 1.8.
- Pibank has no physical branches.
Summary: Pibank provides a higher APY of 4.60% compared to Peak Bank's 4.35%. However, Peak Bank excels with better App Store ratings and no minimum balance, while both banks lack physical branches. Pibank's ratings are significantly lower, which may impact user experience.
Compare Peak Bank's vs Pibank's Savings Accounts
| Peak Bank | Pibank | ||
|---|---|---|---|
| Product | Envision High Yield Savings | vs | Pibank Savings |
| APY | 4.35% (as of 9/5/2025) | 4.60% (as of 9/5/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | Daily | |
| Minimum Deposit | $100 | $0 | |
| Minimum Balance for APY | N/A | $0.01 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| App Store Rating | 4.8/5 | 2.4/5 | |
| Google Play Rating | 4.6/5 | 1.8/5 | |
| BBB Rating | A+ | A |
Comparative Historical APY Insights (Last 7 Months)
| Peak Bank | Pibank | ||
|---|---|---|---|
| Product | Envision High Yield Savings | vs | Pibank Savings |
| Latest APY | 4.35 % | 4.60 % | |
| Trend | Sideways | Sideways | |
| Slope (bps/mo) | -2.2 | -0.0 | |
| Rate Changes / Mo | 0.44 | 0.00 | |
| Days Since Last Change | 35 | 203 | |
| High (-7 m) | 4.54 % | 4.60 % | |
| Low (-7 m) | 4.35 % | 4.60 % | |
| Draw-down from High | -4.2 % | 0.0 % | |
| Volatility (CV) | 0.016 | 0.000 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 7 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 (-7 m)
- Highest APY in the last 203 days.
- Low (-7 m)
- Lowest APY in the last 203 days.
- Draw-down from High
- How far today sits below the 7-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.
Calculate Savings Growth for Peak Bank vs Pibank
All calculations are based on APY.
Peak Bank
APY: 4.35%
Total savings breakdown:
- Interest earned: $2,662 (12.88%)
- Total contributions: $13,000 (62.92%)
- Initial deposit: $5,000 (24.20%)
Your total balance
$20,662.00
Effective APY: 4.35% (based on your deposit and contributions)
Total balance: $20,662
Earnings: $2,662
Bank OverviewPibank
APY: 4.60%
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
Effective APY: 4.60% (based on your deposit and contributions)
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, Peak Bank's total earnings would be $163.8 lower than Pibank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
More Comparisons
Compare Peak Bank's APY of 4.35% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Peak Bank vs Ally Bank | 3.50% | $0 |
| Peak Bank vs American Express | 3.50% | $0 |
| Peak Bank vs Axos Bank | 4.46% | $0 |
| Peak Bank vs Bank of America | 0.01% | $100 |
| Peak Bank vs Barclays | 4.10% | $0 |
| Peak Bank vs BrioDirect | 4.30% | $5,000 |
| Peak Bank vs Capital One | 3.50% | $0 |
| Peak Bank vs Chase Bank | 0.01% | $0 |
| Peak Bank vs Chime | 3.75% | $0 |
| Peak Bank vs CIT Bank | 4.00% | $100 |
| Peak Bank vs Discover Bank | 3.50% | $0 |
| Peak Bank vs Elevault | 4.60% | $0 |
| Peak Bank vs EverBank | 4.30% | $0 |
| Peak Bank vs Fitness Bank | 4.75% | $100 |
| Peak Bank vs FVCbank | 4.35% | $500 |
| Peak Bank vs GO2bank | 4.50% | $0 |
| Peak Bank vs Marcus by Goldman Sachs | 3.65% | $0 |
| Peak Bank vs Neighbors Bank | 4.60% | $0 |
| Peak Bank vs Newtek Bank | 4.35% | $0 |
| Peak Bank vs Presidential Bank | 4.50% | $5,000 |
| Peak Bank vs Santander Bank | 0.03% | $25 |
| Peak Bank vs SoFi Bank | 3.80% | $0 |
| Peak Bank vs Synchrony Bank | 3.80% | $0 |
| Peak Bank vs TIMBR | 4.40% | $1,000 |
| Peak Bank vs UFB Direct | 4.21% | $5000 |
| Peak Bank vs Varo Bank | 5.00% | $0 |
| Peak Bank vs Wells Fargo | 2.51% | $25 |
| Peak Bank vs Zynlo Bank | 4.35% | $10 |
Compare Pibank's APY of 4.60% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Pibank vs Ally Bank | 3.50% | $0 |
| Pibank vs American Express | 3.50% | $0 |
| Pibank vs Axos Bank | 4.46% | $0 |
| Pibank vs Bank of America | 0.01% | $100 |
| Pibank vs Barclays | 4.10% | $0 |
| Pibank vs BrioDirect | 4.30% | $5,000 |
| Pibank vs Capital One | 3.50% | $0 |
| Pibank vs Chase Bank | 0.01% | $0 |
| Pibank vs Chime | 3.75% | $0 |
| Pibank vs CIT Bank | 4.00% | $100 |
| Pibank vs Discover Bank | 3.50% | $0 |
| Pibank vs Elevault | 4.60% | $0 |
| Pibank vs EverBank | 4.30% | $0 |
| Pibank vs Fitness Bank | 4.75% | $100 |
| Pibank vs FVCbank | 4.35% | $500 |
| Pibank vs GO2bank | 4.50% | $0 |
| Pibank vs Marcus by Goldman Sachs | 3.65% | $0 |
| Pibank vs Neighbors Bank | 4.60% | $0 |
| Pibank vs Newtek Bank | 4.35% | $0 |
| Pibank vs Presidential Bank | 4.50% | $5,000 |
| Pibank vs Santander Bank | 0.03% | $25 |
| Pibank vs SoFi Bank | 3.80% | $0 |
| Pibank vs Synchrony Bank | 3.80% | $0 |
| Pibank vs TIMBR | 4.40% | $1,000 |
| Pibank vs UFB Direct | 4.21% | $5000 |
| Pibank vs Varo Bank | 5.00% | $0 |
| Pibank vs Wells Fargo | 2.51% | $25 |
| Pibank vs Zynlo Bank | 4.35% | $10 |