High-Yield Savings Account Comparison

TIMBR vs. Wells Fargo

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.

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

Wells Fargo

Platinum Savings

0.05%
APY
Dec 6, 2025
FDIC InsuredHigh MinimumChecking BundleGreat iOS AppGreat Android AppIn-Person Access
Show Fine Print & Trends
Min. Deposit$25
Min. Balance$1,000,000
Maintenance Fee$12. Waived with $3,500 minimum daily balance.
Compound FreqDaily
Direct DepositNot required
Branch AccessWells Fargo offers branches and ATMs in 36 states and Washington, D.C.
Deposit InsuranceFDIC Insured(Cert: 3511)
EligibilityUnited States
Mobile Ratings
iOS:4.9Android:4.8
BBB Rating
D-(Not BBB Accredited)

Important Note

This is a tiered savings account where rates vary based on the balance. The 0.05% APY is available for balances of $1,000,000 or more, and 0.05% APY up to $99,999.99. These APYs require the account is linked to a Wells Fargo Premier checking account. See bank for more tiers and details.

Rate Stability

Rate Adjusted
-2.46%
Since 90 days ago
Read Bank Overview

Comparison Analysis

Comparing TIMBR vs. Wells Fargo

Updated: Dec 6, 2025

Why TIMBR?

  • ✓Higher potential APY (4.40% vs 0.01%-0.05%) on all balances
  • ✓No checking account or direct deposit required

Why Wells Fargo?

  • ✓Physical branch access (Wells Fargo offers branches and ATMs in 36 states and Washington, D.C.)
  • ✓Higher rated iOS app (4.9 vs 0.0)
  • ✓Higher rated Android app (4.8 vs 0.0)
  • ✓Offers 2 different high-yield savings options

— Key Feature Differences —

Better Returns at $10,000
TIMBR

TIMBR's Premium Savings Account earns more on smaller deposits (approx. $440 vs $5/yr).

Better Returns at $25,000
TIMBR

TIMBR's Premium Savings Account pulls ahead with larger amounts (approx. $1100 vs $13/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
Wells Fargo

Wells Fargo offers an iOS app rated 4.9 (vs. 0.0) and Android app rated 4.8 (vs. 0.0)

Shared Benefits

Available Nationwide Available to New & Existing Customers
The Bottom Line

Over a 1-year period, TIMBR's Premium Savings Account pays $435 more interest on a $10,000 balance than Wells Fargo's Platinum Savings.

Wells FargoTIMBR
Automated Data Audit

Executive Summary

TIMBR offers a standout Premium Savings Account with a competitive 4.40% APY, requiring a minimum deposit of $1,000 and no maintenance fees. This account is online-only and does not necessitate direct deposit, making it appealing for those seeking higher returns without complex requirements. In contrast, Wells Fargo's highest-yielding account, the Platinum Savings, provides a mere 0.05% APY but requires a substantial minimum balance of $1,000,000 and is linked to a checking account for optimal rates. Additionally, their Way2Save Savings account offers an even lower APY of 0.01%. Overall, TIMBR clearly leads with significantly better returns.

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.

ExploreTIMBRExploreWells Fargo

Top Market Contenders

See who beats both TIMBR and Wells Fargo.

Compare All High-Yield Savings Accounts
Pibank
Pibank Savings
FDIC InsuredNo Minimums
4.60% APY
+0.20% vs TIMBR
Better Rate
Pibank vs TIMBRPibank vs Wells Fargo
Neighbors Bank
Neighbors Savings Account
FDIC InsuredNo MinimumsGreat Android App
4.50% APY
+0.10% vs TIMBR
Better Rate
Neighbors Bank vs TIMBRNeighbors Bank vs Wells Fargo
FeatureTIMBRWells Fargo
APY
4.40%
Verified: 12/6/2025
Stable (90d)
0.05%
Range: 0.05% - 0.05%
Verified: 12/6/2025
↘︎ 2.46%90d Change
Product NamePremium Savings AccountPlatinum Savings
Minimum Deposit$1,000$25
Min. Balance for APY$0$1,000,000
Monthly Fee$0$12. Waived with $3,500 minimum daily balance.
Branch AccessNoneYes
Account Type
Online Only
Online & Branches
Direct Deposit Req.NoneNone
Checking BundleNo Yes
Mobile Apps
iOS-
Android-
iOS4.9
Android4.8
BBB RatingA+D-
Important Notes-This is a tiered savings account where rates vary based on the balance. The 0.05% APY is available for balances of $1,000,000 or more, and 0.05% APY up to $99,999.99. These APYs require the account is linked to a Wells Fargo Premier checking account. See bank for more tiers and details.
Next Steps
- View Details
- View Details

Savings Comparison

Calculations based on current APY.
$
$

TIMBR earns $2,666.1 more than Wells Fargo.

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

Wells Fargo

Platinum Savings

0.05% APY

Higher APY requires $1,000,000

Savings Breakdown

  • Interest Earned
    +$28.60(0.2%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$18,028.60

Effective APY
0.05%
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 5 Months Analysis
MetricTIMBRWells Fargo
Premium Savings AccountPlatinum SavingsWay2Save Savings
Current APY
4.40%0.05%0.01%
Trend
 Stable Stable Stable
Velocity (bps/mo)
-0.0-72.00.0
Days Since Change
14350143
5-Month High
4.40%2.51%0.01%
5-Month Low
4.40%0.05%0.01%
Adjustments / Mo
0.000.630.00
Volatility Score
0.0000.8430.000
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 144-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 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

Compare Wells Fargo vs...

Comparing against other Bundled Accounts

vs Wells Fargo
Axos BankChecking Bundle
4.31%
APY
vs Wells Fargo
SoFi BankChecking Bundle
4.30%
APY
vs Wells Fargo
Presidential BankChecking Bundle
4.00%
APY

More Comparisons

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 SoFi Bank4.30%$0
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 Zynlo Bank4.05%$10
Compare Wells Fargo's APY of 0.05% with other banks
Bank PairCompetitor APYMin Deposit
Wells Fargo vs Ally Bank3.30%$0
Wells Fargo vs American Express3.40%$0
Wells Fargo vs Axos Bank4.31%$0
Wells Fargo vs Bank of America0.01%$100
Wells Fargo vs Barclays4.00%$0
Wells Fargo vs Bask Bank3.90%$0
Wells Fargo vs BMO Alto3.25%$0
Wells Fargo vs BrioDirect4.00%$5,000
Wells Fargo vs Capital One3.40%$0
Wells Fargo vs Chase Bank0.01%$0
Wells Fargo vs Chime3.50%$0
Wells Fargo vs CIT Bank3.75%$100
Wells Fargo vs Citibank3.30%$0
Wells Fargo vs Citizens Access™3.35%$0.01
Wells Fargo vs Climate First Bank4.21%$50
Wells Fargo vs Discover Bank3.40%$0
Wells Fargo vs Elevault4.08%$0
Wells Fargo vs EverBank4.05%$0
Wells Fargo vs Fitness Bank4.75%$100
Wells Fargo vs FNBO Direct3.00%$1
Wells Fargo vs Forbright Bank4.00%$0
Wells Fargo vs FVCbank3.85%$500
Wells Fargo vs GO2bank4.50%$0
Wells Fargo vs Ivy Bank4.25%$2,500
Wells Fargo vs LendingClub4.20%$0
Wells Fargo vs Marcus by Goldman Sachs3.65%$0
Wells Fargo vs Neighbors Bank4.50%$0
Wells Fargo vs Newtek Bank4.35%$0.01
Wells Fargo vs Openbank4.20%$500
Wells Fargo vs Peak Bank4.20%$100
Wells Fargo vs Pibank4.60%$0
Wells Fargo vs PNC3.53%$0
Wells Fargo vs Presidential Bank4.00%$5,000
Wells Fargo vs Quontic Bank3.75%$100
Wells Fargo vs Salem Five Direct3.71%$10
Wells Fargo vs Santander Bank0.01%$25
Wells Fargo vs SoFi Bank4.30%$0
Wells Fargo vs Synchrony Bank3.65%$0
Wells Fargo vs UFB Direct3.71%$5000
Wells Fargo vs Valley Direct4.10%$1,000
Wells Fargo vs Varo Bank5.00%$0
Wells Fargo vs Vio Bank4.16%$100
Wells Fargo vs Wealthfront4.15%$0
Wells Fargo vs Zynlo Bank4.05%$10