TIMBR vs. Wells Fargo
Compare rates, requirements, and features side-by-side to find the best option for you.
| Metric | TIMBRPremium Savings Account Jan 21, 2026 | Wells FargoPlatinum Savings Jan 21, 2026 |
|---|---|---|
| APY | 4.15% | 0.05% |
Est. Earnings | $5,000+$208 $10,000+$415 $25,000+$1,038 | $5,000+$3 $10,000+$5 $25,000+$13 |
Min Deposit | $1,000 | $25 |
Snapshot view. Rates subject to change. | ||
Terms | - | 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. |
| Features | FDIC InsuredLow Minimums | FDIC InsuredHigh MinimumGreat iOS AppGreat Android AppIn-Person AccessZelle® SupportedChecking Bundle |
Comparison Analysis
Comparing TIMBR vs. Wells Fargo
As of TIMBR offers an APY of 4.15% for its Premium Savings Account, with a minimum balance of $0, compared to Wells Fargo's 0.05% APY for its Platinum Savings account, with a minimum balance of $1,000,000.
TIMBR pays $410 more than Wells Fargo on a $10,000 balance after one year. TIMBR pays $415, while Wells Fargo pays $5 - an APY advantage for TIMBR.
In addition, Wells Fargo also offers 0.01% APY for the Way2Save Savings account, with a minimum balance of $0.
Why TIMBR?
- ✓Higher potential APY (4.15% 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
- ✓Fast transfers via Zelle® (up to $3,500 a day)
— Key Feature Differences —
Better Returns at $10,000
TIMBRTIMBR's Premium Savings Account earns more on smaller deposits (approx. $415 vs $5/yr).
Better Returns at $25,000
TIMBRTIMBR's Premium Savings Account pulls ahead with larger amounts (approx. $1038 vs $13/yr).
Best for Simplicity
TIMBRTIMBR's Premium Savings Account offers 4.15% APY with no bundling, direct deposit requirement or caps.
Best Mobile App Experience
Wells FargoWells Fargo offers an iOS app rated 4.9 (vs. 0.0) and Android app rated 4.8 (vs. 0.0)
Shared Benefits
Over a 1-year period, TIMBR's Premium Savings Account pays $410 more interest on a $10,000 balance than Wells Fargo's Platinum Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Executive Summary as of
TIMBR offers a standout Premium Savings Account with an impressive APY of 4.15%, requiring a minimum deposit of $1,000 and no direct deposit requirement, making it an attractive option for savers looking for simplicity and higher returns. In contrast, Wells Fargo's savings products, including the Way2Save Savings and Platinum Savings accounts, yield significantly lower APYs of 0.01% and 0.05%, respectively, with the latter requiring a substantial minimum balance of $1,000,000 for its higher rate. While Wells Fargo provides a robust mobile app experience, the APY difference clearly favors TIMBR for those prioritizing savings growth.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
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TIMBR vs. Wells Fargo Savings Calculator
You earn $410 more with TIMBR than Wells Fargo 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.
TIMBR
Premium Savings Account
Savings Breakdown
- Interest Earned+$415.00(4.0%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,415.00
Wells Fargo
Platinum Savings
Higher APY requires $1,000,000
Savings Breakdown
- Interest Earned+$5.00(0.0%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,005.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
| Feature | TIMBR | Wells Fargo |
|---|---|---|
| APY | 4.15% Verified: 1/21/2026 ↘︎ 0.25%90d Change | 0.05% Range: 0.05% - 0.05% Verified: 1/21/2026 Stable (90d) |
| Product Name | Premium Savings Account | Platinum 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 Access | None | Yes |
| Account Type | Online Only | Online & Branches |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | Yes |
| Mobile Apps | iOS- Android- | iOS4.9 Android4.8 |
| Zelle® Support | Not Supported | Available Limit: $3,500/dayFounding member; zero fees to replace wires. |
| BBB Rating | A+ | 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 | Visit SiteVerify at TIMBR Non-sponsored link to official site | Visit SiteVerify at Wells Fargo Non-sponsored link to official site |
📈 Compare Savings Rates Over Time
Historical Performance
| Metric | TIMBR | Wells Fargo | |
|---|---|---|---|
| Premium Savings Account | Platinum Savings | Way2Save Savings | |
Current APY | 4.15% | 0.05% | 0.01% |
Trend | Stable | Stable | Stable |
Velocity (bps/mo) | -1.8 | -56.6 | 0.0 |
Days Since Change | 13 | 96 | 189 |
6-Month High | 4.40% | 2.51% | 0.01% |
6-Month Low | 4.15% | 0.05% | 0.01% |
Adjustments / Mo | 0.16 | 0.47 | 0.00 |
Volatility Score | 0.016 | 1.163 | 0.000 |
How to read these metrics(Click to expand)
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