Pibank vs. Salem Five Direct
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 14, 2025
We earn a commission if you open an account through some links on this page.
Summary of Pibank vs. Salem Five Direct
Key Metrics at a Glance
| Feature | Pibank | Salem Five Direct |
|---|---|---|
| Top Savings APY | 4.60% Pibank Savings | 3.71% eOne Savings |
| Minimum to Open | $0 | $10 |
| Minimum Balance for Top APY | $0.01 | $0.01 |
Pibank
Strengths
- Pibank offers a competitive APY of 4.60%, unchanged from 30 days ago.
- No maintenance fees for the Pibank Savings account.
- No minimum deposit required to open a Pibank Savings account.
Potential Drawbacks
- Pibank has a low App Store rating of 2.4.
- Pibank's Google Play rating is only 1.8.
- Pibank is not BBB accredited despite an A rating.
Salem Five Direct
Strengths
- Salem Five Direct has a higher App Store rating of 4.7.
- Salem Five Direct's Google Play rating is 4.2.
- Salem Five Direct's eOne Savings account has no maintenance fees.
Potential Drawbacks
- Salem Five Direct's current APY is lower at 3.71%, down from 4.01% 30 days ago.
- A minimum deposit of $10 is required to open an eOne Savings account.
- Salem Five Direct is not BBB accredited despite an A- rating.
→ As of November 14, 2025 Pibank offers an APY of 4.60% for its Pibank Savings account, with a minimum balance of $0.01, compared to Salem Five Direct's 3.71% APY for its eOne Savings account, with a minimum balance of $0.01.
→ Pibank yields $89 more than Salem Five Direct on a $10,000 balance after one year. Pibank pays $460, while Salem Five Direct pays $371 - an APY advantage for Pibank.
Calculate Savings Growth for Pibank vs Salem Five Direct
Pibank - Pibank Savings
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
Total balance: $20,825.8
Earnings: $2,825.8
Bank OverviewSalem Five Direct - eOne Savings
Total savings breakdown:
- Interest earned: $2,248.1 (11.10%)
- Total contributions: $13,000 (64.20%)
- Initial deposit: $5,000 (24.69%)
Your total balance
$20,248.10
Total balance: $20,248.1
Earnings: $2,248.1
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Pibank's total earnings would be $577.7 higher than Salem Five Direct's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Pibank's vs Salem Five Direct's Savings Accounts
| Pibank | Salem Five Direct | ||
|---|---|---|---|
| Product | Pibank Savings | vs | eOne Savings |
| APY | 4.60% (as of 11/14/2025) | 3.71% (as of 11/14/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | Monthly | |
| Minimum Deposit | $0 | $10 | |
| Minimum Balance for APY | $0.01 | $0.01 | |
| Maintenance Fee | $0 | $0 | |
| Direct Deposit Required | No | No | |
| App Store Rating | 2.4/5 | 4.7/5 | |
| Google Play Rating | 1.8/5 | 4.2/5 | |
| BBB Rating | A | A- |
Comparative Historical APY Insights (Last 9 Months)
| Pibank | Salem Five Direct | ||
|---|---|---|---|
| Product | Pibank Savings | vs | eOne Savings |
| Latest APY | 4.60 % | 3.71 % | |
| Trend | Sideways | Sideways | |
| Slope (bps/mo) | 0.0 | -1.8 | |
| Rate Changes / Mo | 0.00 | 0.22 | |
| Days Since Last Change | 273 | 9 | |
| High (-9 m) | 4.60 % | 4.01 % | |
| Low (-9 m) | 4.60 % | 3.71 % | |
| Draw-down from High | 0.0 % | -7.5 % | |
| Volatility (CV) | 0.000 | 0.021 |
APY Insights Glossary
- Latest APY
- Most recent advertised annual-percentage yield.
- Trend
- Direction over the last 9 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 (-9 m)
- Highest APY in the last 274 days.
- Low (-9 m)
- Lowest APY in the last 274 days.
- Draw-down from High
- How far today sits below the 9-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.