Peak Bank vs. Upgrade
Compare rates, requirements, and features side-by-side to find the best option for you.
Peak Bank
Envision High Yield Savings
4.20%APYDec 10, 2025FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Peak Bank
Envision High Yield Savings
Upgrade
Premier Savings
3.05%APYDec 10, 2025FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppShow Fine Print & Trends Hide Details
Upgrade
Premier Savings
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.
Peak Bank vs. Upgrade Savings Calculator
Peak Bank earns $734.7 more than Upgrade.
Peak Bank
Envision High Yield Savings
Savings Breakdown
- Interest Earned+$2,564.30(12.5%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$20,564.30
Upgrade
Premier Savings
Savings Breakdown
- Interest Earned+$1,829.60(9.2%)
- Total Contributions$13,000
- Initial Deposit$5,000
Projected Balance
$19,829.60
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Comparison Analysis
Comparing Peak Bank vs. Upgrade
Why Peak Bank?
- ✓Higher potential APY (4.20% vs 3.05%) on all balances
Why Upgrade?
No distinct advantages found vs Peak Bank.
— Key Feature Differences —
Better Returns at $10,000
Peak BankPeak Bank's Envision High Yield Savings earns more on smaller deposits (approx. $420 vs $305/yr).
Better Returns at $25,000
Peak BankPeak Bank's Envision High Yield Savings pulls ahead with larger amounts (approx. $1050 vs $763/yr).
Best for Simplicity
Peak BankPeak Bank's Envision High Yield Savings offers 4.20% APY with no bundling, direct deposit requirement or caps.
Shared Benefits
Over a 1-year period, Peak Bank's Envision High Yield Savings pays $115 more interest on a $10,000 balance than Upgrade's Premier Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary
Peak Bank offers a competitive Envision High Yield Savings account with an impressive APY of 4.20%, making it the clear winner in this comparison. This account has no direct deposit requirement, no maintenance fees, and a low minimum deposit of $100, making it accessible and straightforward for savers. In contrast, Upgrade's Premier Savings account provides a lower APY of 3.05% with a minimum balance requirement of $1,000. Both accounts are online-only, ensuring ease of access for users.
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.
Top Market Contenders
See who beats both Peak Bank and Upgrade.
| Feature | Peak Bank | Upgrade |
|---|---|---|
| APY | 4.20% Verified: 12/10/2025 ↘︎ 0.15%90d Change | 3.05% Verified: 12/10/2025 ↘︎ 0.97%90d Change |
| Product Name | Envision High Yield Savings | Premier Savings |
| Minimum Deposit | $100 | $0 |
| Min. Balance for APY | N/A | $1,000 |
| 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 | iOS4.9 Android4.5 |
| BBB Rating | A+ | A+ |
| Next Steps |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Peak Bank | Upgrade |
|---|---|---|
| Envision High Yield Savings | Premier Savings | |
Current APY | 4.20% | 3.05% |
Trend | Stable | Stable |
Velocity (bps/mo) | -3.8 | -11.4 |
Days Since Change | 70 | 39 |
10-Month High | 4.54% | 4.14% |
10-Month Low | 4.20% | 3.05% |
Adjustments / Mo | 0.40 | 0.30 |
Volatility Score | 0.029 | 0.107 |
How to read these metrics(Click to expand)
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