Salem Five Direct vs. Zynlo Bank

High-Yield Savings Account Comparison

By Aviel Fahl|Last Updated: November 14, 2025

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Summary of Salem Five Direct vs. Zynlo Bank

Key Metrics at a Glance

FeatureSalem Five DirectZynlo Bank
Top Savings APY

3.71%

eOne Savings

4.20%

Tomorrow Savings Account

Minimum to Open$10$10
Minimum Balance for Top APY$0.01$0.01

Salem Five Direct

Strengths

  • Salem Five Direct offers a competitive APY of 3.71%, though it decreased from 4.01% in the last 30 days.
  • Salem Five Direct has no maintenance fees for its eOne Savings account.
  • Salem Five Direct has a high App Store rating of 4.7.

Potential Drawbacks

  • Salem Five Direct is not BBB accredited and has a lower BBB rating of A-.

Zynlo Bank

Strengths

  • Zynlo Bank provides a higher APY of 4.20% for its Tomorrow Savings Account.
  • Zynlo Bank has a solid BBB rating of A+.

Potential Drawbacks

  • Zynlo Bank has a lower App Store rating of 4.0 and a Google Play rating of 3.5.
Summary: Zynlo Bank offers a higher APY of 4.20% for its Tomorrow Savings Account, compared to Salem Five Direct's 3.71%. Salem Five Direct has a better App Store rating of 4.7 but lacks BBB accreditation with a rating of A-. Zynlo Bank, while having lower app ratings, holds a higher BBB rating of A+. Both banks have no maintenance fees and require a minimum deposit of $10.

→ As of November 14, 2025 Salem Five Direct offers an APY of 3.71% for its eOne Savings account, with a minimum balance of $0.01, compared to Zynlo Bank's 4.20% APY for its Tomorrow Savings Account, with a minimum balance of $0.01.

Zynlo Bank yields $49 more than Salem Five Direct on a $10,000 balance after one year. Salem Five Direct pays $371, while Zynlo Bank pays $420 - an APY advantage for Zynlo Bank.

Calculate Savings Growth for Salem Five Direct vs Zynlo Bank

All calculations are based on APY.

Salem Five Direct - eOne Savings

Top APY: 3.71%

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

Effective APY: 3.71% (based on your deposit and contributions)

Total balance: $20,248.1

Earnings: $2,248.1

Bank Overview

Zynlo Bank - Tomorrow Savings Account

Top APY: 4.20%

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

Effective APY: 4.20% (based on your deposit and contributions)

Total balance: $20,564.3

Earnings: $2,564.3

Bank Overview

With a $5,000 initial deposit and $13,000 in total contributions over 5 years, Salem Five Direct's total earnings would be $316.2 lower than Zynlo Bank's total earnings.

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

Compare Salem Five Direct's vs Zynlo Bank's Savings Accounts

Salem Five DirectZynlo Bank
ProducteOne SavingsvsTomorrow Savings Account
APY
3.71% (as of 11/14/2025)4.20% (as of 11/14/2025)
Bundled Account
NoNo
FDIC-insured
YesYes
Online OnlyYesYes
Compound Frequency
MonthlyDaily
Minimum Deposit$10$10
Minimum Balance for APY$0.01$0.01
Maintenance Fee$0$0
Direct Deposit Required
NoNo
App Store Rating4.7/54.0/5
Google Play Rating4.2/53.5/5
BBB RatingA-A+

Comparative Historical APY Insights (Last 8 Months)

Salem Five DirectZynlo Bank
ProducteOne SavingsvsTomorrow Savings Account
Latest APY3.71 %4.20 %
TrendSidewaysSideways
Slope (bps/mo)-2.2-1.6
Rate Changes / Mo0.250.12
Days Since Last Change937
High (-8 m)4.01 %4.35 %
Low (-8 m)3.71 %4.20 %
Draw-down from High-7.5 %-3.4 %
Volatility (CV)0.0220.014
APY Insights Glossary
Latest APY
Most recent advertised annual-percentage yield.
Trend
Direction over the last 8 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 (-8 m)
Highest APY in the last 243 days.
Low (-8 m)
Lowest APY in the last 243 days.
Draw-down from High
How far today sits below the 8-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.

More Comparisons

Compare Salem Five Direct's APY of 3.71% with other banks
Bank PairCompetitor APYMin Deposit
Salem Five Direct vs Ally Bank3.30%$0
Salem Five Direct vs American Express3.50%$0
Salem Five Direct vs Axos Bank4.51%$0
Salem Five Direct vs Bank of America0.01%$100
Salem Five Direct vs Barclays4.10%$0
Salem Five Direct vs Bask Bank3.90%$0
Salem Five Direct vs BMO Alto3.25%$0
Salem Five Direct vs BrioDirect4.00%$5,000
Salem Five Direct vs Capital One3.40%$0
Salem Five Direct vs Chase Bank0.01%$0
Salem Five Direct vs Chime3.50%$0
Salem Five Direct vs CIT Bank3.85%$100
Salem Five Direct vs Citibank3.35%$0
Salem Five Direct vs Citizens Access™3.35%$0.01
Salem Five Direct vs Discover Bank3.40%$0
Salem Five Direct vs Elevault4.08%$0
Salem Five Direct vs EverBank4.05%$0
Salem Five Direct vs Fitness Bank4.75%$100
Salem Five Direct vs FNBO Direct3.00%$1
Salem Five Direct vs Forbright Bank4.00%$0
Salem Five Direct vs FVCbank3.85%$500
Salem Five Direct vs GO2bank4.50%$0
Salem Five Direct vs Ivy Bank4.25%$2,500
Salem Five Direct vs LendingClub4.20%$0
Salem Five Direct vs Marcus by Goldman Sachs3.65%$0
Salem Five Direct vs Neighbors Bank4.50%$0
Salem Five Direct vs Newtek Bank4.35%$0.01
Salem Five Direct vs Openbank4.20%$500
Salem Five Direct vs Peak Bank4.20%$100
Salem Five Direct vs Pibank4.60%$0
Salem Five Direct vs PNC3.53%$0
Salem Five Direct vs Presidential Bank4.25%$5,000
Salem Five Direct vs Quontic Bank3.75%$100
Salem Five Direct vs Santander Bank0.01%$25
Salem Five Direct vs SoFi Bank4.30%$0
Salem Five Direct vs Synchrony Bank3.80%$0
Salem Five Direct vs TIMBR4.40%$1,000
Salem Five Direct vs UFB Direct3.71%$5000
Salem Five Direct vs Valley Direct4.10%$1,000
Salem Five Direct vs Varo Bank5.00%$0
Salem Five Direct vs Vio Bank4.21%$100
Salem Five Direct vs Wealthfront4.15%$0
Salem Five Direct vs Wells Fargo0.05%$25
Compare Zynlo Bank's APY of 4.20% with other banks