High-Yield Savings Account Comparison

Peak Bank vs. Sallie Mae Bank

Compare rates, requirements, and features side-by-side to find the best option for you.

Analysis by Aviel Fahl

Updated December 10, 2025

Peak Bank

Envision High Yield Savings

4.20%

APY

Dec 10, 2025

FDIC InsuredLow MinimumsGreat iOS AppGreat Android App

Show Fine Print & Trends

Min. Deposit	$100
Min. Balance	$0
Maintenance Fee	$0
Compound Freq	Daily
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 58095)
Eligibility	United States
Mobile Ratings	iOS:4.8 Android:4.6
BBB Rating	A+(Not BBB Accredited)

Rate Stability

Rate Adjusted

-0.15%

Since 90 days ago

Read Bank Overview

Sallie Mae Bank

High-Yield Savings Account

3.90%

APY

Dec 10, 2025

FDIC InsuredNo Minimums

Show Fine Print & Trends

Min. Deposit	$0
Min. Balance	$0
Maintenance Fee	$0
Compound Freq	Daily
Direct Deposit	Not required
Deposit Insurance	FDIC Insured(Cert: 58177)
Eligibility	United States
Mobile Ratings	iOS:1.5 Android:1.6
BBB Rating	A+(BBB Accredited)

Rate Stability

Very StableNo rate changes in last 90 days

Read Bank Overview

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.

Find Branch Access

Peak Bank vs. Sallie Mae Bank Savings Calculator

Calculations based on current APY for Envision High Yield Savings and High-Yield Savings Account

Initial Deposit

Recurring Deposit

Frequency

Duration

Peak Bank earns $194.1 more than Sallie Mae Bank.

Peak Bank

Envision High Yield Savings

4.20% APY

Savings Breakdown

Interest Earned
+$2,564.30(12.5%)
Total Contributions
$13,000
Initial Deposit
$5,000

Projected Balance

$20,564.30

Effective APY

4.20%

View Details

Sallie Mae Bank

High-Yield Savings Account

3.90% APY

Savings Breakdown

Interest Earned
+$2,370.20(11.6%)
Total Contributions
$13,000
Initial Deposit
$5,000

Projected Balance

$20,370.20

Effective APY

3.90%

View Details

The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.

Comparison Analysis

Comparing Peak Bank vs. Sallie Mae Bank

Updated: Dec 10, 2025

Why Peak Bank?

✓Higher potential APY (4.20% vs 3.90%) on all balances
✓Higher rated iOS app (4.8 vs 1.5)
✓Higher rated Android app (4.6 vs 1.6)

Why Sallie Mae Bank?

No distinct advantages found vs Peak Bank.

— Key Feature Differences —

Better Returns at $10,000

Peak Bank

Peak Bank's Envision High Yield Savings earns more on smaller deposits (approx. $420 vs $390/yr).

Better Returns at $25,000

Peak Bank

Peak Bank's Envision High Yield Savings pulls ahead with larger amounts (approx. $1050 vs $975/yr).

Best for Simplicity

Peak Bank

Peak Bank's Envision High Yield Savings offers 4.20% APY with no bundling, direct deposit requirement or caps.

Best Mobile App Experience

Peak Bank

Peak Bank offers an iOS app rated 4.8 (vs. 1.5) and Android app rated 4.6 (vs. 1.6)

Shared Benefits

Both offer monthly maintenance-free account options Available Nationwide Available to New & Existing Customers

The Bottom Line on APY (Interest Only)

Over a 1-year period, Peak Bank's Envision High Yield Savings pays $30 more interest on a $10,000 balance than Sallie Mae Bank's High-Yield Savings Account.

*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.

Sallie Mae BankPeak Bank

Automated Data Audit

Executive Summary

Peak Bank offers a competitive Envision High Yield Savings account with a notable APY of 4.20%, making it the winner compared to Sallie Mae Bank's High-Yield Savings Account, which has an APY of 3.90%. Both accounts are online-only and require no maintenance fees, with Peak Bank's account also having no direct deposit requirement. The Envision High Yield Savings account stands out for its simplicity and higher returns, particularly beneficial for both smaller and larger deposits. In contrast, Sallie Mae Bank's account has a lower APY but no minimum deposit or balance requirements.

Analysis generated based on current Banksparency database records

* AI-generated content provided for informational purposes only. Accuracy is not guaranteed; always verify details with the provider.

ExplorePeak Bank ExploreSallie Mae Bank

Top Market Contenders

See who beats both Peak Bank and Sallie Mae Bank.

Compare All High-Yield Savings Accounts

Pibank

Pibank Savings

FDIC InsuredNo Minimums

4.60% APY

+0.40% vs Peak Bank

Better Rate

Pibank vs Peak Bank Pibank vs Sallie Mae Bank

Axos Bank

Axos ONE

FDIC InsuredNo MinimumsGreat iOS AppGreat Android App

4.31% APY

+0.11% vs Peak Bank

Better Rate

Axos Bank vs Peak Bank Axos Bank vs Sallie Mae Bank

TIMBR

Premium Savings Account

FDIC InsuredLow Minimums

4.40% APY

+0.20% vs Peak Bank

Better Rate

TIMBR vs Peak Bank TIMBR vs Sallie Mae Bank

Feature	Peak Bank	Sallie Mae Bank
APY	4.20% Verified: 12/10/2025 ↘︎ 0.15%90d Change	3.90% Verified: 12/10/2025 Stable (90d)
Product Name	Envision High Yield Savings	High-Yield Savings Account
Minimum Deposit	$100	$0
Min. Balance for APY	N/A	$0
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	iOS1.5 Android1.6
BBB Rating	A+	A+
Next Steps	- View Details	- View Details

📈 Compare Savings Rates Over Time

Historical Performance

Last 10 Months Analysis

Metric	Peak Bank	Sallie Mae Bank
	Envision High Yield Savings	High-Yield Savings Account
Current APYMost recent advertised annual-percentage yield.	4.20%	3.90%
TrendDirection over the last 10 months (regression slope).	Stable	Stable
Velocity (bps/mo)Average monthly change; 10 bps = 0.10 pp.	-3.8	-0.0
Days Since ChangeRecency of the latest APY adjustment.	70	295
10-Month HighHighest APY in the last 299 days.	4.54%	3.90%
10-Month LowLowest APY in the last 299 days.	4.20%	3.90%
Adjustments / MoTypical number of APY moves per month.	0.40	0.00
Volatility ScoreCoefficient of variation (stdev ÷ mean). Lower is more stable.	0.029	0.000

How to read these metrics(Click to expand)

Trends & Velocity

Trend: The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
Velocity (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
Adjustments/Mo: "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.

Risk & Range

High/Low: The absolute ceiling and floor of the rate during the 299-day window.
Volatility Score: Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
Days Since Change: If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

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More Comparisons

Compare Peak Bank's APY of 4.20% with other banks

Bank Pair	Competitor APY	Min Deposit
Peak Bank vs Affirm	3.60%	$0
Peak Bank vs Ally Bank	3.30%	$0
Peak Bank vs American Express	3.40%	$0
Peak Bank vs Axos Bank	4.31%	$0
Peak Bank vs Bank of America	0.01%	$100
Peak Bank vs Barclays	4.00%	$0
Peak Bank vs Bask Bank	3.90%	$0
Peak Bank vs Betterment	3.50%	$10
Peak Bank vs BMO Alto	3.25%	$0
Peak Bank vs Bread Savings	4.10%	$100
Peak Bank vs BrioDirect	4.00%	$5,000
Peak Bank vs Capital One	3.40%	$0
Peak Bank vs Charles Schwab Bank	0.15%	$0
Peak Bank vs Chase Bank	0.01%	$0
Peak Bank vs Chime	3.50%	$0
Peak Bank vs CIT Bank	3.75%	$100
Peak Bank vs Citibank	3.30%	$0
Peak Bank vs Citizens Access™	3.15%	$0.01
Peak Bank vs Climate First Bank	4.21%	$50
Peak Bank vs Discover Bank	3.40%	$0
Peak Bank vs E*TRADE from Morgan Stanley	3.75%	$0
Peak Bank vs Elevault	4.08%	$0
Peak Bank vs EverBank	4.05%	$0
Peak Bank vs Fitness Bank	4.75%	$100
Peak Bank vs FNBO Direct	3.00%	$1
Peak Bank vs Forbright Bank	4.00%	$0
Peak Bank vs FVCbank	3.85%	$500
Peak Bank vs GO2bank	4.50%	$0
Peak Bank vs Ivy Bank	4.25%	$2,500
Peak Bank vs LendingClub	4.20%	$0
Peak Bank vs Marcus by Goldman Sachs	3.65%	$0
Peak Bank vs Neighbors Bank	4.30%	$0
Peak Bank vs Newtek Bank	4.35%	$0.01
Peak Bank vs Openbank	4.20%	$500
Peak Bank vs Pibank	4.60%	$0
Peak Bank vs PNC	3.53%	$0
Peak Bank vs Presidential Bank	4.00%	$5,000
Peak Bank vs Quontic Bank	3.75%	$100
Peak Bank vs Salem Five Direct	3.71%	$10
Peak Bank vs Santander Bank	0.01%	$25
Peak Bank vs SoFi Bank	4.30%	$0
Peak Bank vs Synchrony Bank	3.65%	$0
Peak Bank vs TD Bank	2.75%	$0
Peak Bank vs TIMBR	4.40%	$1,000
Peak Bank vs UFB Direct	3.71%	$5000
Peak Bank vs Upgrade	3.05%	$0
Peak Bank vs Valley Direct	4.10%	$1,000
Peak Bank vs Varo Bank	5.00%	$0
Peak Bank vs Vio Bank	4.16%	$100
Peak Bank vs Wealthfront	4.15%	$0
Peak Bank vs Wells Fargo	0.05%	$25
Peak Bank vs Zynlo Bank	4.05%	$10

Compare Sallie Mae Bank's APY of 3.90% with other banks

Bank Pair	Competitor APY	Min Deposit
Sallie Mae Bank vs Affirm	3.60%	$0
Sallie Mae Bank vs Ally Bank	3.30%	$0
Sallie Mae Bank vs American Express	3.40%	$0
Sallie Mae Bank vs Axos Bank	4.31%	$0
Sallie Mae Bank vs Bank of America	0.01%	$100
Sallie Mae Bank vs Barclays	4.00%	$0
Sallie Mae Bank vs Bask Bank	3.90%	$0
Sallie Mae Bank vs Betterment	3.50%	$10
Sallie Mae Bank vs BMO Alto	3.25%	$0
Sallie Mae Bank vs Bread Savings	4.10%	$100
Sallie Mae Bank vs BrioDirect	4.00%	$5,000
Sallie Mae Bank vs Capital One	3.40%	$0
Sallie Mae Bank vs Charles Schwab Bank	0.15%	$0
Sallie Mae Bank vs Chase Bank	0.01%	$0
Sallie Mae Bank vs Chime	3.50%	$0
Sallie Mae Bank vs CIT Bank	3.75%	$100
Sallie Mae Bank vs Citibank	3.30%	$0
Sallie Mae Bank vs Citizens Access™	3.15%	$0.01
Sallie Mae Bank vs Climate First Bank	4.21%	$50
Sallie Mae Bank vs Discover Bank	3.40%	$0
Sallie Mae Bank vs E*TRADE from Morgan Stanley	3.75%	$0
Sallie Mae Bank vs Elevault	4.08%	$0
Sallie Mae Bank vs EverBank	4.05%	$0
Sallie Mae Bank vs Fitness Bank	4.75%	$100
Sallie Mae Bank vs FNBO Direct	3.00%	$1
Sallie Mae Bank vs Forbright Bank	4.00%	$0
Sallie Mae Bank vs FVCbank	3.85%	$500
Sallie Mae Bank vs GO2bank	4.50%	$0
Sallie Mae Bank vs Ivy Bank	4.25%	$2,500
Sallie Mae Bank vs LendingClub	4.20%	$0
Sallie Mae Bank vs Marcus by Goldman Sachs	3.65%	$0
Sallie Mae Bank vs Neighbors Bank	4.30%	$0
Sallie Mae Bank vs Newtek Bank	4.35%	$0.01
Sallie Mae Bank vs Openbank	4.20%	$500
Sallie Mae Bank vs Pibank	4.60%	$0
Sallie Mae Bank vs PNC	3.53%	$0
Sallie Mae Bank vs Presidential Bank	4.00%	$5,000
Sallie Mae Bank vs Quontic Bank	3.75%	$100
Sallie Mae Bank vs Salem Five Direct	3.71%	$10
Sallie Mae Bank vs Santander Bank	0.01%	$25
Sallie Mae Bank vs SoFi Bank	4.30%	$0
Sallie Mae Bank vs Synchrony Bank	3.65%	$0
Sallie Mae Bank vs TD Bank	2.75%	$0
Sallie Mae Bank vs TIMBR	4.40%	$1,000
Sallie Mae Bank vs UFB Direct	3.71%	$5000
Sallie Mae Bank vs Upgrade	3.05%	$0
Sallie Mae Bank vs Valley Direct	4.10%	$1,000
Sallie Mae Bank vs Varo Bank	5.00%	$0
Sallie Mae Bank vs Vio Bank	4.16%	$100
Sallie Mae Bank vs Wealthfront	4.15%	$0
Sallie Mae Bank vs Wells Fargo	0.05%	$25
Sallie Mae Bank vs Zynlo Bank	4.05%	$10