Salem Five Direct vs. TIMBR
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | Salem Five DirecteOne Savings Jan 7, 2026 | TIMBRPremium Savings Account Jan 7, 2026 |
|---|---|---|
| APY | 3.61% | 4.40% |
Est. Earnings | $5,000+$181 $10,000+$361 $25,000+$903 | $5,000+$220 $10,000+$440 $25,000+$1,100 |
Min Deposit | $10 | $1,000 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppZelle® Supported | FDIC InsuredLow Minimums |
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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.
Comparison Analysis
Comparing Salem Five Direct vs. TIMBR
As of Salem Five Direct offers an APY of 3.61% for its eOne Savings account, with a minimum balance of $0.01, compared to TIMBR's 4.40% APY for its Premium Savings Account, with a minimum balance of $0.
TIMBR pays $79 more than Salem Five Direct on a $10,000 balance after one year. Salem Five Direct pays $361, while TIMBR pays $440 - an APY advantage for TIMBR.
Why Salem Five Direct?
- ✓Higher rated iOS app (4.7 vs 0.0)
- ✓Higher rated Android app (4.2 vs 0.0)
- ✓Fast transfers via Zelle®
Why TIMBR?
- ✓Higher potential APY (4.40% vs 3.61%) on all balances
— Key Feature Differences —
Better Returns at $10,000
TIMBRTIMBR's Premium Savings Account earns more on smaller deposits (approx. $440 vs $361/yr).
Better Returns at $25,000
TIMBRTIMBR's Premium Savings Account pulls ahead with larger amounts (approx. $1100 vs $903/yr).
Best for Simplicity
TIMBRTIMBR's Premium Savings Account offers 4.40% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
Salem Five DirectSalem Five Direct offers an iOS app rated 4.7 (vs. 0.0) and Android app rated 4.2 (vs. 0.0)
Shared Benefits
Over a 1-year period, TIMBR's Premium Savings Account pays $79 more interest on a $10,000 balance than Salem Five Direct's eOne Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
TIMBR offers a Premium Savings Account with a competitive APY of 4.40%, making it the winner in this comparison. This account requires a minimum deposit of $1,000 but has no maintenance fees or direct deposit requirements, providing a straightforward option for savers. In contrast, Salem Five Direct's eOne Savings account offers a lower APY of 3.61% with a minimal deposit of just $10 and no maintenance fees. Both banks operate online-only and provide FDIC insurance, but TIMBR's higher yield makes it more appealing for those looking to maximize their savings.
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
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Salem Five Direct vs. TIMBR Savings Calculator
You earn $79 more with TIMBR than Salem Five 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.
Salem Five Direct
eOne Savings
Savings Breakdown
- Interest Earned+$361.00(3.5%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,361.00
TIMBR
Premium Savings Account
Savings Breakdown
- Interest Earned+$440.00(4.2%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,440.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | Salem Five Direct | TIMBR |
|---|---|---|
| APY | 3.61% Verified: 1/7/2026 ↘︎ 0.40%90d Change | 4.40% Verified: 1/7/2026 Stable (90d) |
| Product Name | eOne Savings | Premium Savings Account |
| Minimum Deposit | $10 | $1,000 |
| Min. Balance for APY | $0.01 | $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 | iOS4.7 Android4.2 | iOS- Android- |
| Zelle® Support | Available Uses shared Salem Five mobile platform. | Not Supported |
| BBB Rating | A- | A+ |
| Next Steps | Visit SiteVerify at Salem Five Direct Non-sponsored link to official site | Visit SiteVerify at TIMBR Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | Salem Five Direct | TIMBR |
|---|---|---|
| eOne Savings | Premium Savings Account | |
Current APY | 3.61% | 4.40% |
Trend | Stable | Stable |
Velocity (bps/mo) | -3.7 | -1.1 |
Days Since Change | 21 | 268 |
11-Month High | 4.01% | 4.55% |
11-Month Low | 3.61% | 4.40% |
Adjustments / Mo | 0.28 | 0.09 |
Volatility Score | 0.038 | 0.012 |
How to read these metrics(Click to expand)
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