High-Yield Savings Account Comparison

Varo Bank vs. Zynlo Bank

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

Analysis by Aviel Fahl
Updated December 5, 2025
Advertising Disclosure: We may earn a commission from partner links.

Varo Bank

High-Yield Savings Account

Up to
5.00%
APY
Dec 5, 2025
FDIC InsuredDirect Deposit ReqChecking BundleNo MinimumsGreat iOS AppGreat Android App
Range: 2.50% – 5.00%
Show Fine Print & Trends
Min. Deposit$0
Min. Balance$0.01
Maintenance Fee$0
Compound FreqDaily
Direct DepositRequired (Min. $1,000/month)
Deposit InsuranceFDIC Insured(Cert: 59190)
EligibilityUnited States
Mobile Ratings
iOS:4.9Android:4.6
BBB Rating
A(BBB Accredited)

Important Note

Earn 5.00% APY on up to $5,000 and 2.50% APY on the rest. A Varo bank account & direct deposit required.

Rate Stability

Very StableNo rate changes in last 90 days
Read Bank Overview

Zynlo Bank

Tomorrow Savings Account

4.05%
APY
Dec 6, 2025
FDIC InsuredLow MinimumsGreat iOS App
Show Fine Print & Trends
Min. Deposit$10
Min. Balance$0.01
Maintenance Fee$0
Compound FreqDaily
Direct DepositNot required
Deposit InsuranceFDIC Insured(Cert: 90213)
EligibilityUnited States
Mobile Ratings
iOS:4.0Android:3.5
BBB Rating
A+(Not BBB Accredited)

Rate Stability

30 days
↘︎ 0.15%
90 days
↘︎ 0.30%
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 Varo Bank vs. Zynlo Bank

Updated: Dec 5, 2025

Why Varo Bank?

  • ✓Higher potential APY (5.00% vs 4.05%) on balances up to $5,000 (requires checking bundle & direct deposit)
  • ✓Higher rated iOS app (4.9 vs 4.0)
  • ✓Higher rated Android app (4.6 vs 3.5)

Why Zynlo Bank?

  • ✓No checking account or direct deposit required

— Key Feature Differences —

Better Returns at $10,000
Zynlo Bank

Zynlo Bank's Tomorrow Savings Account earns more on smaller deposits (approx. $405 vs $375/yr).

Better Returns at $25,000
Zynlo Bank

Zynlo Bank's Tomorrow Savings Account pulls ahead with larger amounts (approx. $1013 vs $750/yr).

Best for Simplicity
Zynlo Bank

Zynlo Bank's Tomorrow Savings Account offers 4.05% APY with no bundling, direct deposit requirement or caps.

Best Mobile App Experience
Varo Bank

Varo Bank offers an iOS app rated 4.9 (vs. 4.0) and Android app rated 4.6 (vs. 3.5)

Shared Benefits

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

Over a 1-year period, Zynlo Bank's Tomorrow Savings Account pays $30 more interest on a $10,000 balance than Varo Bank's High-Yield Savings Account.

Varo BankZynlo Bank
Automated Data Audit

Executive Summary

Varo Bank offers a High-Yield Savings Account with a competitive 5.00% APY on balances up to $5,000, requiring a Varo bank account and a minimum direct deposit of $1,000 per month. For amounts exceeding this cap, the APY drops to 2.50%. In contrast, Zynlo Bank's Tomorrow Savings Account provides a lower 4.05% APY but does not require direct deposit, making it simpler for customers. Both accounts are online-only and have no maintenance fees, but Varo Bank's higher yield on capped balances positions it as the winner based on the provided data.

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.

ExploreVaro BankExploreZynlo Bank
FeatureVaro BankZynlo Bank
APY
5.00%
Range: 2.50% - 5.00%
Verified: 12/5/2025
Stable (90d)
4.05%
Verified: 12/6/2025
↘︎ 0.30%90d Change
Product NameHigh-Yield Savings AccountTomorrow Savings Account
Minimum Deposit$0$10
Min. Balance for APY$0.01$0.01
Monthly Fee$0$0
Branch AccessNoneNone
Account Type
Online Only
Online Only
Direct Deposit Req.
RequiredMin. $1,000/month
None
Checking Bundle YesNo
Mobile Apps
iOS4.9
Android4.6
iOS4.0
Android3.5
BBB RatingAA+
Important NotesEarn 5.00% APY on up to $5,000 and 2.50% APY on the rest. A Varo bank account & direct deposit required.-
Next Steps
- View Details
- View Details

Savings Comparison

Calculations based on current APY.
$
$

Zynlo Bank earns $255.6 more than Varo Bank.

Varo Bank

High-Yield Savings Account

5.00% APY

5.00% on first $5,000 and 2.50% thereafter.

Savings Breakdown

  • Interest Earned
    +$2,211.40(10.9%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$20,211.40

Effective APY
3.65%
View Details

Zynlo Bank

Tomorrow Savings Account

4.05% APY

Savings Breakdown

  • Interest Earned
    +$2,467.00(12.1%)
  • Total Contributions
    $13,000
  • Initial Deposit
    $5,000

Projected Balance

$20,467.00

Effective APY
4.05%
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 9 Months Analysis
MetricVaro BankZynlo Bank
High-Yield Savings AccountTomorrow Savings Account
Current APY
5.00%4.05%
Trend
 Stable Stable
Velocity (bps/mo)
0.0-2.6
Days Since Change
26414
9-Month High
5.00%4.35%
9-Month Low
5.00%4.05%
Adjustments / Mo
0.000.23
Volatility Score
0.0000.022
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 265-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 Varo Bank vs...

Comparing against other Bundled Accounts

vs Varo Bank
Axos BankChecking Bundle
4.31%
APY
vs Varo Bank
SoFi BankChecking Bundle
4.30%
APY
vs Varo Bank
Presidential BankChecking Bundle
4.00%
APY

Compare Zynlo Bank vs...

Comparing against Standard Savings

vs Zynlo Bank
PibankNo Bundle Req
4.60%
APY
vs Zynlo Bank
Neighbors BankNo Bundle Req
4.50%
APY
vs Zynlo Bank
TIMBRNo Bundle Req
4.40%
APY

More Comparisons

Compare Varo Bank's APY of 5.00% with other banks
Bank PairCompetitor APYMin Deposit
Varo Bank vs Ally Bank3.30%$0
Varo Bank vs American Express3.40%$0
Varo Bank vs Axos Bank4.31%$0
Varo Bank vs Bank of America0.01%$100
Varo Bank vs Barclays4.00%$0
Varo Bank vs Bask Bank3.90%$0
Varo Bank vs BMO Alto3.25%$0
Varo Bank vs BrioDirect4.00%$5,000
Varo Bank vs Capital One3.40%$0
Varo Bank vs Chase Bank0.01%$0
Varo Bank vs Chime3.50%$0
Varo Bank vs CIT Bank3.75%$100
Varo Bank vs Citibank3.30%$0
Varo Bank vs Citizens Access™3.35%$0.01
Varo Bank vs Climate First Bank4.21%$50
Varo Bank vs Discover Bank3.40%$0
Varo Bank vs Elevault4.08%$0
Varo Bank vs EverBank4.05%$0
Varo Bank vs Fitness Bank4.75%$100
Varo Bank vs FNBO Direct3.00%$1
Varo Bank vs Forbright Bank4.00%$0
Varo Bank vs FVCbank3.85%$500
Varo Bank vs GO2bank4.50%$0
Varo Bank vs Ivy Bank4.25%$2,500
Varo Bank vs LendingClub4.20%$0
Varo Bank vs Marcus by Goldman Sachs3.65%$0
Varo Bank vs Neighbors Bank4.50%$0
Varo Bank vs Newtek Bank4.35%$0.01
Varo Bank vs Openbank4.20%$500
Varo Bank vs Peak Bank4.20%$100
Varo Bank vs Pibank4.60%$0
Varo Bank vs PNC3.53%$0
Varo Bank vs Presidential Bank4.00%$5,000
Varo Bank vs Quontic Bank3.75%$100
Varo Bank vs Salem Five Direct3.71%$10
Varo Bank vs Santander Bank0.01%$25
Varo Bank vs SoFi Bank4.30%$0
Varo Bank vs Synchrony Bank3.65%$0
Varo Bank vs TIMBR4.40%$1,000
Varo Bank vs UFB Direct3.71%$5000
Varo Bank vs Valley Direct4.10%$1,000
Varo Bank vs Vio Bank4.16%$100
Varo Bank vs Wealthfront4.15%$0
Varo Bank vs Wells Fargo0.05%$25
Compare Zynlo Bank's APY of 4.05% with other banks
Bank PairCompetitor APYMin Deposit
Zynlo Bank vs Ally Bank3.30%$0
Zynlo Bank vs American Express3.40%$0
Zynlo Bank vs Axos Bank4.31%$0
Zynlo Bank vs Bank of America0.01%$100
Zynlo Bank vs Barclays4.00%$0
Zynlo Bank vs Bask Bank3.90%$0
Zynlo Bank vs BMO Alto3.25%$0
Zynlo Bank vs BrioDirect4.00%$5,000
Zynlo Bank vs Capital One3.40%$0
Zynlo Bank vs Chase Bank0.01%$0
Zynlo Bank vs Chime3.50%$0
Zynlo Bank vs CIT Bank3.75%$100
Zynlo Bank vs Citibank3.30%$0
Zynlo Bank vs Citizens Access™3.35%$0.01
Zynlo Bank vs Climate First Bank4.21%$50
Zynlo Bank vs Discover Bank3.40%$0
Zynlo Bank vs Elevault4.08%$0
Zynlo Bank vs EverBank4.05%$0
Zynlo Bank vs Fitness Bank4.75%$100
Zynlo Bank vs FNBO Direct3.00%$1
Zynlo Bank vs Forbright Bank4.00%$0
Zynlo Bank vs FVCbank3.85%$500
Zynlo Bank vs GO2bank4.50%$0
Zynlo Bank vs Ivy Bank4.25%$2,500
Zynlo Bank vs LendingClub4.20%$0
Zynlo Bank vs Marcus by Goldman Sachs3.65%$0
Zynlo Bank vs Neighbors Bank4.50%$0
Zynlo Bank vs Newtek Bank4.35%$0.01
Zynlo Bank vs Openbank4.20%$500
Zynlo Bank vs Peak Bank4.20%$100
Zynlo Bank vs Pibank4.60%$0
Zynlo Bank vs PNC3.53%$0
Zynlo Bank vs Presidential Bank4.00%$5,000
Zynlo Bank vs Quontic Bank3.75%$100
Zynlo Bank vs Salem Five Direct3.71%$10
Zynlo Bank vs Santander Bank0.01%$25
Zynlo Bank vs SoFi Bank4.30%$0
Zynlo Bank vs Synchrony Bank3.65%$0
Zynlo Bank vs TIMBR4.40%$1,000
Zynlo Bank vs UFB Direct3.71%$5000
Zynlo Bank vs Valley Direct4.10%$1,000
Zynlo Bank vs Vio Bank4.16%$100
Zynlo Bank vs Wealthfront4.15%$0
Zynlo Bank vs Wells Fargo0.05%$25