Peak Bank vs. Popular Direct
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Peak BankEnvision High Yield Savings Jan 7, 2026 | Popular DirectPopular Direct Select Savings Jan 7, 2026 |
|---|---|---|
| APY | 3.99% | 3.90% |
Est. Earnings | $5,000+$200 $10,000+$399 $25,000+$998 | $5,000+$195 $10,000+$390 $25,000+$975 |
Min Deposit | $100 | $100 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredLow MinimumsGreat iOS AppGreat Android App | FDIC InsuredLow Minimums |
Market Reality Check
Both of these banks offer rates below the current top tier. The best rates we track are currently above 4.21% APY.
Comparison Analysis
Comparing Peak Bank vs. Popular Direct
As of Peak Bank offers an APY of 3.99% for its Envision High Yield Savings account, with a minimum balance of , compared to Popular Direct's 3.90% APY for its Popular Direct Select Savings account, with a minimum balance of $0.01.
Peak Bank pays $9 more than Popular Direct on a $10,000 balance after one year. Peak Bank pays $399, while Popular Direct pays $390 - an APY advantage for Peak Bank.
Why Peak Bank?
- ✓Higher rated iOS app (4.8 vs 1.3)
- ✓Higher rated Android app (4.6 vs 1.3)
Why Popular Direct?
No distinct advantages found vs Peak Bank.
— Key Feature Differences —
Best Mobile App Experience
Peak BankPeak Bank offers an iOS app rated 4.8 (vs. 1.3) and Android app rated 4.6 (vs. 1.3)
Shared Benefits
Over a 1-year period, Peak Bank's Envision High Yield Savings pays $9 more interest on a $10,000 balance than Popular Direct's Popular Direct Select Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
Peak Bank offers a competitive Envision High Yield Savings account with an APY of 3.99%, making it the highest-yielding option compared to Popular Direct's Select Savings account, which has an APY of 3.90%. Both accounts require a minimum deposit of $100 and have no maintenance fees. Additionally, both banks operate online-only, providing a convenient digital experience. Notably, Peak Bank is recognized for its superior mobile app experience, with high ratings on both iOS and Android platforms.
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
Top Market Contenders
Peak Bank vs. Popular Direct Savings Calculator
You earn $9 more with Peak Bank than Popular Direct 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.
Peak Bank
Envision High Yield Savings
Savings Breakdown
- Interest Earned+$399.00(3.8%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,399.00
Popular Direct
Popular Direct Select Savings
Savings Breakdown
- Interest Earned+$390.00(3.8%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,390.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Peak Bank | Popular Direct |
|---|---|---|
| APY | 3.99% Verified: 1/7/2026 ↘︎ 0.21%90d Change | 3.90% Verified: 1/7/2026 ↘︎ 0.15%90d Change |
| Product Name | Envision High Yield Savings | Popular Direct Select Savings |
| Minimum Deposit | $100 | $100 |
| Min. Balance for APY | N/A | $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 | iOS4.8 Android4.6 | iOS1.3 Android1.3 |
| Zelle® Support | Not Supported | Not Supported |
| BBB Rating | A+ | A+ |
| Next Steps | Visit SiteVerify at Peak Bank Non-sponsored link to official site | Visit SiteVerify at Popular Direct Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Peak Bank | Popular Direct |
|---|---|---|
| Envision High Yield Savings | Popular Direct Select Savings | |
Current APY | 3.99% | 3.90% |
Trend | Stable | Stable |
Velocity (bps/mo) | -4.0 | -1.8 |
Days Since Change | 6 | 23 |
11-Month High | 4.54% | 4.40% |
11-Month Low | 3.99% | 3.90% |
Adjustments / Mo | 0.64 | 0.73 |
Volatility Score | 0.033 | 0.020 |
How to read these metrics(Click to expand)
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High Rates (With Checking Bundle)
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