Valley Direct vs. Vio Bank
High-Yield Savings Account Comparison
By Aviel Fahl|Last Updated: November 12, 2025
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Summary of Valley Direct vs. Vio Bank
Key Metrics at a Glance
| Feature | Valley Direct | Vio Bank |
|---|---|---|
| Top Savings APY | 4.10% High-Yield Savings Account | 4.21% Online Savings Account |
| Minimum to Open | $1,000 | $100 |
| Minimum Balance for Top APY | $0.01 | $0 |
| Note | Promo. Eligibility restricted to new customers. |
Valley Direct
Strengths
- Valley Direct offers a competitive APY of 4.10%.
- Valley Direct has a higher App Store rating of 4.8.
- No maintenance fees for Valley Direct's High-Yield Savings Account.
Potential Drawbacks
- Valley Direct is not BBB Accredited.
- Requires a minimum deposit of $1,000 for the High-Yield Savings Account.
- Limited branch access with locations only in NJ, NY, FL, and AL.
Vio Bank
Strengths
- Vio Bank offers a slightly higher APY of 4.21%.
- Vio Bank is BBB Accredited, enhancing trustworthiness.
- Requires a lower minimum deposit of $100 for the Online Savings Account.
Potential Drawbacks
- Vio Bank has a lower App Store rating of 4.6.
- Vio Bank's Google Play rating is only 3.3.
- No branch access as Vio Bank operates online only.
→ As of November 12, 2025 Valley Direct offers an APY of 4.10% for its High-Yield Savings Account, with a minimum balance of $0.01, compared to Vio Bank's 4.21% APY for its Online Savings Account, with a minimum balance of $0.
→ Vio Bank yields $11 more than Valley Direct on a $10,000 balance after one year. Valley Direct pays $410, while Vio Bank pays $421 - an APY advantage for Vio Bank.
Calculate Savings Growth for Valley Direct vs Vio Bank
Valley Direct - High-Yield Savings Account
Total savings breakdown:
- Interest earned: $2,499.4 (12.19%)
- Total contributions: $13,000 (63.42%)
- Initial deposit: $5,000 (24.39%)
Your total balance
$20,499.40
Total balance: $20,499.4
Earnings: $2,499.4
Bank OverviewVio Bank - Online Savings Account
Total savings breakdown:
- Interest earned: $2,570.8 (12.50%)
- Total contributions: $13,000 (63.20%)
- Initial deposit: $5,000 (24.31%)
Your total balance
$20,570.80
Total balance: $20,570.8
Earnings: $2,570.8
Bank OverviewWith a $5,000 initial deposit and $13,000 in total contributions over 5 years, Valley Direct's total earnings would be $71.4 lower than Vio Bank's total earnings.
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Compare Valley Direct's vs Vio Bank's Savings Accounts
| Valley Direct | Vio Bank | ||
|---|---|---|---|
| Product | High-Yield Savings Account | vs | Online Savings Account |
| APY | 4.10% (as of 11/12/2025) | 4.21% (as of 11/12/2025) | |
| Bundled Account | No | No | |
| FDIC-insured | Yes | Yes | |
| Online Only | Yes | Yes | |
| Compound Frequency | Daily | Daily | |
| Minimum Deposit | $1,000 | $100 | |
| Minimum Balance for APY | $0.01 | $0 | |
| Maintenance Fee | $0 | $0, if electronic statements selected, otherwise $5 | |
| Direct Deposit Required | No | No | |
| Eligibility | Only for new customers. Existing Valley Bank or Valley Direct customers may open a savings account with a somewhat lower rate. | United States | |
| Note | Promo. Eligibility restricted to new customers. | ||
| App Store Rating | 4.8/5 | 4.6/5 | |
| Google Play Rating | 4.5/5 | 3.3/5 | |
| BBB Rating | A+ | A+ |
No historical data available.