Bread Savings vs. EverBank
Bread Savings edges out EverBank slightly at 3.95% vs 3.90% APY. On a $10,000 balance, the difference is just $5 per year, so other factors may matter more.
The Bottom Line
The Bread Savings and EverBank savings accounts are very similar. Choose EverBank if you want Zelle for quick transfers.
| Metric | Bread SavingsHigh-Yield Savings Account Sep 11, 2026 | EverBankPerformance Savings Sep 11, 2026 |
|---|---|---|
| APY | 3.95% | 3.90% |
Earns in a year | $5,000+$198 $10,000+$395 $25,000+$988 | $5,000+$195 $10,000+$390 $25,000+$975 |
Min. Deposit | $100 | $0 |
Snapshot view. Rates subject to change. | ||
| Features | FDIC InsuredLow MinimumsGreat iOS AppGreat Android AppDaily CompoundingRate Changes Often | FDIC InsuredNo MinimumsGreat iOS AppGreat Android AppZelle® SupportedDaily CompoundingStable Rate |
Prefer In-Person Banking?
Both of these institutions are online-only. If you need in-branch access, check out our list of savings accounts with brick-and-mortar locations.
Comparison Analysis
Comparing Bread Savings vs. EverBank
Executive Summary
Bread Savings offers a High-Yield Savings Account with an APY of 3.95%, making it the top choice compared to EverBank's Performance Savings account, which has an APY of 3.90%. Both accounts are online-only and have no maintenance fees. Bread Savings requires a minimum deposit of $10,000, while EverBank allows for a minimum deposit of $0. Both accounts do not require direct deposit and are nationally available, although Bread Savings is only available in Utah, while EverBank is accessible in California, Florida, Missouri, and New York.
The analysis is based on current Banksparency database records
* This content is provided for informational purposes only; always verify details with the provider.
Why Bread Savings?
No distinct advantages found vs EverBank.
Why EverBank?
- Physical branch access (11 locations in Florida and California)
- Fast transfers via Zelle®
Shared Benefits
Over a 1-year period, Bread Savings's High-Yield Savings Account pays $5 more interest on a $10,000 balance than EverBank's Performance Savings.
*This calculation assumes current rates remain consistent for 1 year and does not include temporary bonuses.
Non-sponsored link to official site
Non-sponsored link to official site
Top Market Contenders
Bread Savings vs. EverBank Savings Calculator
You earn $5 more with Bread Savings than EverBank 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.
Bread Savings
High-Yield Savings Account
Savings Breakdown
- Interest Earned+$395.00(3.8%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,395.00
EverBank
Performance Savings
Savings Breakdown
- Interest Earned+$390.00(3.8%)
- Total Contributions$0
- Initial Deposit$10,000
Projected Balance
$10,390.00
The Banksparency Savings Calculator provides estimated savings growth based on user input and our latest data.
Still at a large branch bank?
A typical branch-bank savings rate is 0.05% APY. On a $10,000 balance, the gap to these two banks is at least $385 a year in interest.
Both Bread Savings and EverBank advertise far more than that typical branch-bank rate.
| Feature | Bread Savings | EverBank |
|---|---|---|
| APY | 3.95% Observed: 9/11/2026 0.05%90-day change | 3.90% Observed: 9/11/2026 Stable over 90 days |
| Product Name | High-Yield Savings Account | Performance Savings |
| Minimum Deposit | $100 | $0 |
| Min. Balance for APY | $0 | $0 |
| Monthly Fee | $0 | $0 |
| Compound Frequency | Daily | Daily |
| In-Branch Access | No | No |
| Account Type | Online Only | Online Only |
| Physical Branches | 1 (UT) | 43 (CA, FL, MO, NY) |
| Direct Deposit Req. | None | None |
| Checking Bundle | No | No |
| Mobile Apps | ||
| FDIC or NCUA Insured | YesVerify FDIC | YesVerify FDIC |
| Zelle® Support | Not Supported | Available Native integration verified. |
| BBB Rating | A+ | A+ |
| Next Steps | Visit SiteVerify at Bread Savings Non-sponsored link to official site | Visit SiteVerify at EverBank Non-sponsored link to official site |
Compare Savings Rates Over Time
Historical Performance
| Metric | Bread Savings | EverBank |
|---|---|---|
| High-Yield Savings Account | Performance Savings | |
Current APY | 3.95% | 3.90% |
Trend | Stable | Stable |
Speed of change | -0.04 | -0.04 |
Days Since Change | 84 | 266 |
12-Month High | 4.25% | 4.30% |
12-Month Low | 3.95% | 3.90% |
Changes per month | 0.49 | 0.16 |
Steadiness | 0.020 | 0.021 |
How to read these metrics(Click to expand)
Trends and speed
- Trend: The general direction of the rate over the analyzed period. Useful for seeing whether a bank is raising its rate or letting it slip.
- Speed of change: How fast the rate moves. A high positive number means they raise rates quickly. A reading of 0.10 is a tenth of a percentage point each month.
- Changes per month: How often the rate moves. A high number means it changes constantly; a low number means it holds.
Risk & Range
- High/Low: The absolute ceiling and floor of the rate during the 364-day window.
- Steadiness: How far the rate swings around its average. A lower score means a steadier, more predictable rate.
- Days Since Change: A high number, for example above 90, means the rate rarely moves. A low number means it changed recently.
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High Rates (With Checking Bundle)
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More Comparisons
Compare Bread Savings' APY of 3.95% with other banks
| Bank Pair | Competitor APY | Min Deposit |
|---|---|---|
| Bread Savings vs Ally Bank | 3.00% | $0 |
| Bread Savings vs American Express | 3.00% | $0 |
| Bread Savings vs Axos Bank | 4.21% | $0 |
| Bread Savings vs Barclays | 3.65% | $0 |
| Bread Savings vs Capital One | 3.50% | $0 |
| Bread Savings vs Chime | 3.75% | $0 |
| Bread Savings vs CIT Bank | 3.75% | $100 |
| Bread Savings vs Marcus by Goldman Sachs | 3.40% | $0 |
| Bread Savings vs Newtek Bank | 4.20% | $100 |
| Bread Savings vs Openbank | 3.80% | $500 |
| Bread Savings vs Pibank | 4.10% | $0 |
| Bread Savings vs SoFi Bank | 4.00% | $0 |
| Bread Savings vs Synchrony Bank | 3.30% | $0 |
| Bread Savings vs Varo Bank | 3.75% | $0 |
| Bread Savings vs Wealthfront | 3.95% | $0 |