Peak Bank vs. Vio Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of Peak Bank vs. Vio Bank
Key Metrics at a Glance
| Feature | Peak Bank | Vio Bank |
|---|---|---|
| Top Savings APY | 4.20% Envision High Yield Savings | 4.21% Online Savings Account |
| Minimum to Open | $100 | $100 |
| Minimum Balance for Top APY | $0 |
Peak Bank
Strengths
- Peak Bank offers a competitive APY of 4.20%, unchanged from 30 days ago.
- Peak Bank has a higher App Store rating at 4.8 compared to Vio Bank's 4.6.
- No maintenance fees for Peak Bank's Envision High Yield Savings account.
Potential Drawbacks
- Peak Bank is not BBB Accredited, despite having an A+ rating.
- Peak Bank has no physical branches available.
Vio Bank
Strengths
- Vio Bank is BBB Accredited, providing additional trustworthiness.
- Vio Bank's Online Savings Account has a slightly higher APY at 4.21%.
Potential Drawbacks
- Vio Bank has a lower Google Play rating at 3.3 compared to Peak Bank's 4.6.
- Vio Bank charges a $5 maintenance fee if electronic statements are not selected.
→ As of November 12, 2025 Peak Bank offers an APY of 4.20% for its Envision High Yield Savings account, with a minimum balance of , compared to Vio Bank's 4.21% APY for its Online Savings Account, with a minimum balance of $0.
→ Vio Bank yields $1 more than Peak Bank on a $10,000 balance after one year. Peak Bank pays $420, while Vio Bank pays $421 - an APY advantage for Vio Bank.
Calculate Savings Growth for Peak Bank vs Vio Bank
Peak Bank - Envision High Yield Savings
Total savings breakdown:
- Interest earned: $2,564.3 (12.47%)
- Total contributions: $13,000 (63.22%)
- Initial deposit: $5,000 (24.31%)
Your total balance
$20,564.30
Total balance: $20,564.3
Earnings: $2,564.3
Bank OverviewVio Bank - Online Savings Account
Total savings breakdown:
- Interest earned: $2,570.8 (12.50%)
- Total contributions: $13,000 (63.20%)
- Initial deposit: $5,000 (24.31%)
Your total balance
$20,570.80
Total balance: $20,570.8
Earnings: $2,570.8
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Peak Bank's total earnings would be $6.5 lower than Vio Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Peak Bank's vs Vio Bank's Savings Accounts
| Peak Bank | Vio Bank | ||
|---|---|---|---|
| Product | Envision High Yield Savings | vs | Online Savings Account |
| APY | 4.20% (as of 11/12/2025) | 4.21% (as of 11/12/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | Daily | |
| Minimum Deposit | $100 | $100 | |
| Minimum Balance for APY | N/A | $0 | |
| Maintenance Fee | $0 | $0, if electronic statements selected, otherwise $5 | |
| Direct Deposit Required | No | No | |
| App Store Rating | 4.8/5 | 4.6/5 | |
| Google Play Rating | 4.6/5 | 3.3/5 | |
| BBB Rating | A+ | A+ |
No historical data available.