High-Yield Savings Account Comparison

SoFi Bank vs. TIMBR

Compare rates, requirements, and features side-by-side to find the best option for you.

Analysis by Aviel Fahl
Updated December 6, 2025
Advertising Disclosure: We may earn a commission from partner links.

SoFi Bank

SoFi Savings

Up to
4.30%
APY
Dec 6, 2025
FDIC InsuredChecking BundleNo MinimumsGreat iOS AppGreat Android App
Range: 3.60% – 4.30%
Show Fine Print & Trends
Min. Deposit$0
Min. Balance$0
Maintenance Fee$0
Compound FreqDaily
Direct DepositWhile direct deposit is not required, the alternative is a subscription fee of $10/month
Deposit InsuranceFDIC Insured(Cert: 26881)
EligibilityUnited States
Mobile Ratings
iOS:4.8Android:4.0
BBB Rating
A+(Not BBB Accredited)

Important Note

Limited offer: The 4.30% includes a temporary 0.70% APY boost for 6 months. It is available with a direct deposit of regular income, or a $10/month subscription. See terms at SoFi Bank. The savings account comes bundled with a checking account with a 0.50% APY.

Rate Stability

30 days
↘︎ 0.20%
90 days
↗︎ 0.50%
Read Bank Overview

TIMBR

Premium Savings Account

4.40%
APY
Dec 6, 2025
FDIC InsuredLow Minimums
Show Fine Print & Trends
Min. Deposit$1,000
Min. Balance$0
Maintenance Fee$0
Compound FreqDaily
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 58210)
EligibilityUnited States
Mobile Ratings
BBB Rating
A+(Not BBB Accredited)

Rate Stability

Very StableNo rate changes in last 90 days
Read Bank Overview

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.

Find Branch Access

Comparison Analysis

Comparing SoFi Bank vs. TIMBR

Updated: Dec 6, 2025

Why SoFi Bank?

  • ✓Earn a $50 bonus with $1,000+ in direct deposits, or $300 with $5,000+.
  • ✓Earn 0.50% APY on checking account with access to 55,000+ fee free ATMs
  • ✓Higher rated iOS app (4.8 vs 0.0)
  • ✓Higher rated Android app (4.0 vs 0.0)

Why TIMBR?

  • ✓Higher potential APY (4.40% vs 4.30%) on all balances
  • ✓No checking account or direct deposit required

— Key Feature Differences —

Better Returns at $10,000
TIMBR

TIMBR's Premium Savings Account earns more on smaller deposits (approx. $440 vs $430/yr).

Better Returns at $25,000
TIMBR

TIMBR's Premium Savings Account pulls ahead with larger amounts (approx. $1100 vs $1075/yr).

Best for Simplicity
TIMBR

TIMBR's Premium Savings Account offers 4.40% APY with no bundling, direct deposit requirement or caps.

Best Mobile App Experience
SoFi Bank

SoFi Bank offers an iOS app rated 4.8 (vs. 0.0) and Android app rated 4.0 (vs. 0.0)

Shared Benefits

Both offer monthly maintenance-free account options Available Nationwide Available to New & Existing Customers
The Bottom Line

Over a 1-year period, TIMBR's Premium Savings Account pays $10 more interest on a $10,000 balance than SoFi Bank's SoFi Savings.

SoFi BankTIMBR
Automated Data Audit

Executive Summary

SoFi Bank offers a SoFi Savings account with a competitive APY of 4.30%, which includes a temporary 0.70% boost for six months, available with a direct deposit or a $10/month subscription. This account is bundled with a checking account that has a lower APY of 0.50%. In comparison, TIMBR's Premium Savings Account provides a slightly higher APY of 4.40% with no direct deposit requirement and no need for a checking account. Both accounts are online-only, and while SoFi has a lower APY, it offers a better mobile app experience. Overall, TIMBR's account stands out for its simplicity and higher yield.

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.

ExploreSoFi BankExploreTIMBR

Top Market Contenders

See who beats both SoFi Bank and TIMBR.

Compare All High-Yield Savings Accounts
Pibank
Pibank Savings
FDIC InsuredNo Minimums
4.60% APY
+0.20% vs TIMBR
Better Rate
Pibank vs SoFi BankPibank vs TIMBR
Neighbors Bank
Neighbors Savings Account
FDIC InsuredNo MinimumsGreat Android App
4.50% APY
+0.10% vs TIMBR
Better Rate
Neighbors Bank vs SoFi BankNeighbors Bank vs TIMBR
FeatureSoFi BankTIMBR
APY
4.30%
Range: 3.60% - 4.30%
Verified: 12/6/2025
↗︎ 0.50%90d Change
4.40%
Verified: 12/6/2025
Stable (90d)
Product NameSoFi SavingsPremium Savings Account
Minimum Deposit$0$1,000
Min. Balance for APY$0$0
Monthly Fee$0$0
Branch AccessNoneNone
Account Type
Online Only
Online Only
Direct Deposit Req.NoneNone
Checking Bundle YesNo
Mobile Apps
iOS4.8
Android4.0
iOS-
Android-
BBB RatingA+A+
Important NotesLimited offer: The 4.30% includes a temporary 0.70% APY boost for 6 months. It is available with a direct deposit of regular income, or a $10/month subscription. See terms at SoFi Bank. The savings account comes bundled with a checking account with a 0.50% APY.-
Next Steps
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Savings Comparison

Calculations based on current APY.
$
$

TIMBR earns $65.3 more than SoFi Bank.

SoFi Bank

SoFi Savings

4.30% APY

Savings Breakdown

  • Interest Earned
    +$2,629.40(12.7%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$20,629.40

Effective APY
4.30%
View Details

TIMBR

Premium Savings Account

4.40% APY

Savings Breakdown

  • Interest Earned
    +$2,694.70(13.0%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$20,694.70

Effective APY
4.40%
View Details

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

📈 Compare Savings Rates Over Time

Historical Performance

Last 10 Months Analysis
MetricSoFi BankTIMBR
SoFi SavingsPremium Savings Account
Current APY
4.30%4.40%
Trend
 Stable Stable
Velocity (bps/mo)
8.2-1.3
Days Since Change
24236
10-Month High
4.50%4.55%
10-Month Low
3.80%4.40%
Adjustments / Mo
0.210.10
Volatility Score
0.0760.013
How to read these metrics(Click to expand)

Trends & Velocity

  • Trend: The general direction of the rate over the analyzed period. Useful for spotting if a bank is currently aggressive or pulling back.
  • Velocity (bps/mo): Speed of change. A high positive number means they raise rates quickly. 10 bps = 0.10%.
  • Adjustments/Mo: "Twitchiness." High frequency means the rate changes constantly; low frequency means it's stable.

Risk & Range

  • High/Low: The absolute ceiling and floor of the rate during the 290-day window.
  • Volatility Score: Lower is better for predictability. It indicates how wildly the rate swings relative to its average.
  • Days Since Change: If this number is high (e.g., >90), the rate is very sticky. If low, it changed recently.

Compare Similar Alternatives

Compare SoFi Bank vs...

Comparing against other Bundled Accounts

vs SoFi Bank
Axos BankChecking Bundle
4.31%
APY
vs SoFi Bank
Presidential BankChecking Bundle
4.00%
APY
vs SoFi Bank
UFB DirectChecking Bundle
3.71%
APY

Compare TIMBR vs...

Comparing against Standard Savings

vs TIMBR
PibankNo Bundle Req
4.60%
APY
vs TIMBR
Neighbors BankNo Bundle Req
4.50%
APY
vs TIMBR
Newtek BankNo Bundle Req
4.35%
APY

More Comparisons

Compare SoFi Bank's APY of 4.30% with other banks
Bank PairCompetitor APYMin Deposit
SoFi Bank vs Ally Bank3.30%$0
SoFi Bank vs American Express3.40%$0
SoFi Bank vs Axos Bank4.31%$0
SoFi Bank vs Bank of America0.01%$100
SoFi Bank vs Barclays4.00%$0
SoFi Bank vs Bask Bank3.90%$0
SoFi Bank vs BMO Alto3.25%$0
SoFi Bank vs BrioDirect4.00%$5,000
SoFi Bank vs Capital One3.40%$0
SoFi Bank vs Chase Bank0.01%$0
SoFi Bank vs Chime3.50%$0
SoFi Bank vs CIT Bank3.75%$100
SoFi Bank vs Citibank3.30%$0
SoFi Bank vs Citizens Access™3.35%$0.01
SoFi Bank vs Climate First Bank4.21%$50
SoFi Bank vs Discover Bank3.40%$0
SoFi Bank vs Elevault4.08%$0
SoFi Bank vs EverBank4.05%$0
SoFi Bank vs Fitness Bank4.75%$100
SoFi Bank vs FNBO Direct3.00%$1
SoFi Bank vs Forbright Bank4.00%$0
SoFi Bank vs FVCbank3.85%$500
SoFi Bank vs GO2bank4.50%$0
SoFi Bank vs Ivy Bank4.25%$2,500
SoFi Bank vs LendingClub4.20%$0
SoFi Bank vs Marcus by Goldman Sachs3.65%$0
SoFi Bank vs Neighbors Bank4.50%$0
SoFi Bank vs Newtek Bank4.35%$0.01
SoFi Bank vs Openbank4.20%$500
SoFi Bank vs Peak Bank4.20%$100
SoFi Bank vs Pibank4.60%$0
SoFi Bank vs PNC3.53%$0
SoFi Bank vs Presidential Bank4.00%$5,000
SoFi Bank vs Quontic Bank3.75%$100
SoFi Bank vs Salem Five Direct3.71%$10
SoFi Bank vs Santander Bank0.01%$25
SoFi Bank vs Synchrony Bank3.65%$0
SoFi Bank vs UFB Direct3.71%$5000
SoFi Bank vs Valley Direct4.10%$1,000
SoFi Bank vs Varo Bank5.00%$0
SoFi Bank vs Vio Bank4.16%$100
SoFi Bank vs Wealthfront4.15%$0
SoFi Bank vs Wells Fargo0.05%$25
SoFi Bank vs Zynlo Bank4.05%$10
Compare TIMBR's APY of 4.40% with other banks
Bank PairCompetitor APYMin Deposit
TIMBR vs Ally Bank3.30%$0
TIMBR vs American Express3.40%$0
TIMBR vs Axos Bank4.31%$0
TIMBR vs Bank of America0.01%$100
TIMBR vs Barclays4.00%$0
TIMBR vs Bask Bank3.90%$0
TIMBR vs BMO Alto3.25%$0
TIMBR vs BrioDirect4.00%$5,000
TIMBR vs Capital One3.40%$0
TIMBR vs Chase Bank0.01%$0
TIMBR vs Chime3.50%$0
TIMBR vs CIT Bank3.75%$100
TIMBR vs Citibank3.30%$0
TIMBR vs Citizens Access™3.35%$0.01
TIMBR vs Climate First Bank4.21%$50
TIMBR vs Discover Bank3.40%$0
TIMBR vs Elevault4.08%$0
TIMBR vs EverBank4.05%$0
TIMBR vs Fitness Bank4.75%$100
TIMBR vs FNBO Direct3.00%$1
TIMBR vs Forbright Bank4.00%$0
TIMBR vs FVCbank3.85%$500
TIMBR vs GO2bank4.50%$0
TIMBR vs Ivy Bank4.25%$2,500
TIMBR vs LendingClub4.20%$0
TIMBR vs Marcus by Goldman Sachs3.65%$0
TIMBR vs Neighbors Bank4.50%$0
TIMBR vs Newtek Bank4.35%$0.01
TIMBR vs Openbank4.20%$500
TIMBR vs Peak Bank4.20%$100
TIMBR vs Pibank4.60%$0
TIMBR vs PNC3.53%$0
TIMBR vs Presidential Bank4.00%$5,000
TIMBR vs Quontic Bank3.75%$100
TIMBR vs Salem Five Direct3.71%$10
TIMBR vs Santander Bank0.01%$25
TIMBR vs Synchrony Bank3.65%$0
TIMBR vs UFB Direct3.71%$5000
TIMBR vs Valley Direct4.10%$1,000
TIMBR vs Varo Bank5.00%$0
TIMBR vs Vio Bank4.16%$100
TIMBR vs Wealthfront4.15%$0
TIMBR vs Wells Fargo0.05%$25
TIMBR vs Zynlo Bank4.05%$10